Updated Aug 22, 2024
8/22/24
Mexico needs to do more to develop its local natural gas industry, according to a new analysis from oil and gas trade group Asociación Mexicana de Empresas de Hidrocarburos (Amexhi).
By Kevin Dobbs on
Permian Basin benchmark Waha cash prices, mired in a protracted slump amid limited natural gas takeaway capacity and a supply glut, may see the summer come and go without relief. But a massive new pipeline is slated to enter service this fall, promising to free up an abundance of associated gas and ease pricing pressure.
By Jodi Shafto on
September Nymex natural gas futures’ early attempt to extend a rally into Tuesday’s session failed amid expectations for demand weakness as weather outlooks pointed to increasingly mild conditions across major natural gas-consuming regions.
By Jodi Shafto on
Demand in the crosshairs of the approaching fall held enough support Monday alongside signs of tighter supply to drive natural gas prices higher.
By Jamison Cocklin on
Houston-based Pilot LNG LLC plans to develop a liquefied natural gas bunkering and transshipment terminal on Mexico’s West Coast to capitalize on the growing marine fuel market.
By Kevin Dobbs on
Coming off back-to-back losses to close out last week, natural gas futures found fresh footing early Monday amid signs of late-summer supply/demand tightening.
By Adam Williams on
Two possible cures for Mexico’s increasingly unsteady electric grid are to increase national natural gas production and allow for more private participation in the sector, according to recent reports from experts at Rice University’s Baker Institute for Public Policy and the Atlantic Council.
By Christopher Lenton on
Emilia Esther Calleja, an electrical engineer with over two decades of experience at the state utility, will be the new CEO of Mexico’s Comisión Federal de Electricidad (CFE.)
By Chris Newman on
Natural gas futures rose on Monday for a fifth session as the possibility of a rare summer storage draw later this week highlighted lower output alongside decent demand tightening supply-demand balances.
By NGI Staff Reports on
Natural gas export capacity could explode within months on the Gulf Coast and in Western Canada, a signal for operators to begin ramping up activity. Still, storage is continuing to rise, and weather demand has remained tepid. What does it mean for prices? NGI’s experts have a few answers.
By Kevin Dobbs on
Natural gas futures kicked off the trading week where the market finished the last – pushing upward on the heels of favorable weather forecasts, lighter supply readings and bullish bets by fund managers.
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