Texas Natural Gas Production Hitting Records as Mexico Ups Supply Needs
Mexico’s demand for Texan natural gas is set to rise as new infrastructure projects come to fruition.
Senior Editor, Mexico & Latin America
Santiago, CL
Mexico’s demand for Texan natural gas is set to rise as new infrastructure projects come to fruition.
The global natural gas and oil exploration sector had its strongest year in 2022 in a decade as national oil companies and majors focused on taking advantage of what might be a short-term window of opportunity.
Texas produced 11.2 Tcf of natural gas last year, a new record, according to the Texas Independent Producers and Royalty Owners Association (TIPRO).
The massive opportunities presented by nearshoring were all the rage at a packed energy conference in Monterrey, Nuevo León, on Wednesday.
U.S. natural gas prices have had a remarkably soft winter so far, but the whole of 2022 tells a completely different story.
North American natural gas prices continued to be pressured lower toward the $3.00/MMBtu mark this week as U.S. production remained strong amid warmer than usual temperatures.
New York Gov. Kathy Hochul (D) has proposed banning natural gas hookups in new building constructions statewide starting in 2025.
Bolivian gas was once the beating heart of South America’s natural gas production, with powerhouse neighbors Argentina and Brazil relying on the landlocked country’s pipeline shipments to keep the lights on. But this is seen coming to an end.
Bolivian gas was once the beating heart of South America’s natural gas production, with powerhouse neighbors Argentina and Brazil relying on the landlocked country’s pipeline shipments to keep the lights on. But this is seen coming to an end.
The past year marked a renewed sense of collaboration between Mexico’s state power utility Comisión Federal de Electricidad (CFE) and private sector energy firms, resulting in the sanctioning of new natural gas infrastructure projects and agreements to advance stalled ones.