The core of the summer season went out with a bang, with temperatures on the West and East coasts soaring past decades-long record highs and sending natural gas prices screaming higher. But with a major cooldown expected beginning over the
Natural gas demand in Mexico stayed resilient through pandemic-ravaged 2020 compared to total energy demand, in line with trends seen globally, according to BP plc.
Mexico’s natural gas consumption dipped only 1.9% year/year to 3.11 exajoules in 2020, while the
Energy operators working across the Midcontinent and in the Rockies are steadily picking up activity, but they need average natural gas prices of $3.82/MMBtu, with oil averaging $72/bbl before there’s a “substantial” boost in drilling, according to the Federal Reserve
Imports of natural gas from the United States continue to dominate Mexico’s natural gas supply, but they have dropped slightly this month on lower demand.
To date this month, Wood Mackenzie reported that Mexico imports from the United States were
Recently and soon-to-be completed infrastructure will allow natural gas imports to Mexico from the United States to grow by an estimated 10% over the 2020-2024 period, the International Energy Agency (IEA) said Monday.
The world’s thirst for natural gas is set to rebound sharply this year and continue rising into 2024, in part as U.S. export capacity grows, the International Energy Agency (IEA) said Monday.
Sempra executives on Tuesday (June 29) said bringing the initial phase of the Energía Costa Azul (ECA) liquefied natural gas (LNG) project online in Baja California, Mexico was a top priority, but also said they are already looking at ways
This week was yet another reminder of the interconnectedness of energy markets as soaring temperatures in disparate parts of the Pacific Northwest in the United States and tight market conditions drove natural gas prices for Mexican end-users higher.
August natural gas prices started to show signs of slowing down Tuesday. But as oppressive heat led to more shattered records and rolling blackouts in the Pacific Northwest, the new prompt month edged up another 3.7 cents to $3.630 in
July natural gas futures charged like a lion Monday, surging 12.1 cents from Friday’s levels as a historic heat wave continued to smother the Pacific Northwest, leading to pipeline issues and amplified demand. Notable heat also blanketed the East Coast,