Regulatory

Mexico Should Reconsider Electricity Auctions to Meet Nearshoring Demand, Says Expert Lawyer

Mexico Should Reconsider Electricity Auctions to Meet Nearshoring Demand, Says Expert Lawyer

Mexico’s incoming government should “consider the reactivation of electricity auctions that could drive new energy generation projects that the country needs to get ahead of the demand that will accompany nearshoring in Mexico, such as intense consumption during times of high temperatures and the need to accelerate the energy transition,” Andrea Villanueva Villarreal, a senior…

January 26, 2024
Biden Administration Officially Pauses New LNG Export Permits

Biden Administration Officially Pauses New LNG Export Permits

The Biden administration on Friday did as rumored and said it would temporarily pause new federal export authorizations for LNG projects while the Department of Energy (DOE) reviews policies to determine whether more capacity is in the public interest. The White House and DOE ended days of speculation after a New York Times report earlier…

January 26, 2024
What Could a Possible Pause to U.S. LNG Export Approvals Mean for Global Supply?

What Could a Possible Pause to U.S. LNG Export Approvals Mean for Global Supply?

News that the Department of Energy (DOE) may pause authorizations for new LNG export projects has stirred reactions from industry groups and environmentalists alike, but what does it mean for domestic and global natural gas supply outlooks? The New York Times was the first to report Wednesday that the Biden administration has directed DOE to…

January 25, 2024
DOE Reportedly Directed to Pause LNG Authorizations, Potentially Delaying CP2 Project

DOE Reportedly Directed to Pause LNG Authorizations, Potentially Delaying CP2 Project

The Department of Energy (DOE) could be delaying authorization for Venture Global LNG Inc.’s CP2 project after a directive from the Biden administration to study its climate impacts, according to the New York Times. Citing three unnamed sources, the newspaper first reported Wednesday that DOE’s additional analysis could stall an authorization decision for the 24…

January 24, 2024
Associated Natural Gas a Gift – and a Curse – for North Dakota Oil Producers

Associated Natural Gas a Gift – and a Curse – for North Dakota Oil Producers

North Dakota energy regulators expect a modest uptick in Bakken Shale oil production this year, though challenges persist around managing the immense volumes of liquids-rich natural gas extracted as a byproduct.  A case in point was the deep freeze on Wednesday (Jan. 17), which shut in about 700,000 b/d of oil and 2 Bcf/d of…

January 22, 2024
Mexico’s Presidential Frontrunner Sheinbaum Seeks 50% Renewable Generation By 2030

Mexico’s Presidential Frontrunner Sheinbaum Seeks 50% Renewable Generation By 2030

If elected, Mexican presidential candidate Claudia Sheinbaum would seek to increase the country’s renewable electricity generation to as much as 50% of the national grid by the conclusion of her term in 2030, industry members familiar with the plans told NGI’s Mexico GPI. The ambitious goal for renewable energy generation would represent a dramatic shift…

January 22, 2024
Could Extension of PG&E’s Diablo Canyon Operations Limit Natural Gas Demand?

Could Extension of PG&E’s Diablo Canyon Operations Limit Natural Gas Demand?

The U.S. Department of Energy (DOE) has awarded $1.1 billion to Pacific Gas and Electric Co. (PG&E) to extend the life of California’s last remaining nuclear power plant. The decision could further minimize natural gas consumption in the nation’s most populous state. PG&E’s 2.2 GW Diablo Canyon Power Plant (DCPP) in San Luis Obispo County…

January 22, 2024
Colorado Governor Cites ‘Ambitious’ Strategy Targeting More Natural Gas, Oil Emissions

Colorado Governor Cites ‘Ambitious’ Strategy Targeting More Natural Gas, Oil Emissions

Colorado’s Democratic Gov. Jared Polis signaled during his recent state of the state address that his administration would continue its work to meet stringent emissions reduction targets. Some governors are sharing some of their energy strategies in the annual state addresses. Polis, whose state includes the prolific Denver-Julesburg Basin and Niobrara formation, oversees one of…

January 22, 2024
Cenagas Open Season Landmark Win for Mexico Natural Gas Market — Column

Cenagas Open Season Landmark Win for Mexico Natural Gas Market — Column

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The recent completion of the open season by Cenagas, the operator of Mexico’s integrated gas pipeline network Sistrangas, marks a pivotal moment…

January 19, 2024
Transco, TGP Granted FERC Approvals for Natural Gas Expansions

Transco, TGP Granted FERC Approvals for Natural Gas Expansions

FERC on Thursday approved separate natural gas projects, including by Transcontinental Gas Pipe Line Co. LLC (Transco) and Tennessee Gas Pipeline Co. LLC (TGP), that would expand deliveries to the Gulf Coast and Northeast. Transco, a Williams subsidiary, received the green light for its Texas to Louisiana Energy Pathway to serve rising demand for LNG…

January 19, 2024
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