New Fortress Energy Inc. (NFE) is forecasting the startup by the end of June of its liquefied natural gas (LNG) import terminal and associated 135 MW power plant in Mexico’s Baja California Sur (BCS) state.
The small-scale terminal at the
The U.S. Energy Information Administration (EIA) sees natural gas spot prices at Henry Hub averaging $2.78/MMBtu in the second quarter and $3.05 for 2021 overall, a slight upward revision from its forecast last month.
According to new research from the
Natural gas futures advanced for a second straight day on Wednesday as production dipped and all indications pointed to continued strong demand for U.S. liquefied natural gas (LNG).
The June Nymex contract settled at $2.969/MMBtu, up 1.4 cents day/day. July
The American Petroleum Institute (API) on Friday told the Biden administration that unfair treatment of U.S. energy companies by Mexico’s government is worsening and is likely in violation of the U.S.-Mexico-Canada-Agreement (USMCA).
In a letter to cabinet officials, API CEO
Natural gas futures gave up ground on Monday as traders mulled waning weather-driven demand and the potential implications of a cybersecurity attack on the largest fuel pipeline in the United States.
The June Nymex contract dropped 2.6 cents day/day and
The outlook for oil and gas exploration and production (E&P) in Latin America is improving as demand and prices strengthen, according to the first quarter earnings reports by the top three oilfield services (OFS) titans.
Schlumberger Ltd, Halliburton Co.
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.
Prud’homme was central to the development of
Latin America’s national oil companies (NOCs) must perform a difficult balancing act as they seek to bounce back from the pandemic and shore up profits and reserves, a panel of experts said during a virtual event Tuesday.
Oil “is at
Mexico’s natural gas market is importing more U.S. supply as the country’s economy and its weather heat up for summer and peak demand.
A single day U.S.-to-Mexico record was broken on April 14 when exports reached 7.1 Bcf/d, prompting analysts
Mexico’s petrochemicals sector has suffered from underinvestment and the prioritization of crude oil production by state oil company Petróleos Mexicanos (Pemex), according to a new issue brief published by Rice University’s Baker Institute for Public Policy.
These factors have led