Mexican Drivers Pay More for Gasoline than Americans
Mexican drivers are paying on average 135% more for regular gasoline than their American counterparts, according to data compiled by Hart Energy.
July 5, 2023
Pemex on Track to Grow Oil, Gas Volumes in 2023
Mexico’s state-owned Pemex is on track to boost its oil, condensates and gas production by around 6% each in 2023—if the company can maintain the production momentum seen in the first five months of the year.
June 28, 2023
Cheniere Inks Second Deal With China’s ENN LNG
Cheniere Energy Inc. signed a long-term sale and purchase agreement with a subsidiary of ENN Natural Gas Co. Ltd., which will buy 1.8 mtpa of LNG over 20 years.
June 27, 2023
Important Citgo Stock Certificates Recovered by PDV Holding
Stock certificates representing a 49.9% stake in Citgo Holding Inc. have been recovered by Venezuela's PDV Holding Inc. from Rosneft Trading
June 26, 2023
Freeport LNG Trains Full Steam Ahead [WATCH]
Freeport LNG’s three-train, 15-mtpa export facility off the Texas coast are online again after a major fire-related shutdown, to the appeasement of TotalEnergies and Osaka Gas, as well as the general LNG market.
June 26, 2023
Noria Energy Launches 1.5-MW Solar Project in Colombia
California’s Noria Energy launched the 1.5-megawatt Aquasol pilot project in Colombia, which aims to take advantages of synergies from combining floating solar and hydroelectric reservoir resources.
June 26, 2023
LNG Exporting SE Asia Eyes More Imports
The eleven country Southeast Asia region remains a net LNG exporter, but falling reserves are pushing some countries to eye LNG imports, according to Poten & Partners.
June 22, 2023
African Oil: OPEC+ on the Ropes, Non-OPEC+ (Hopefully) to Rescue
Africa’s OPEC+ countries will see oil production decline through 2028. Even as non-OPEC+ countries will see production rise, it will not be enough to revert the continent’s overall declining production profile over the period, according to the IEA.
June 20, 2023
LatAm Production to Grow 25% by 2028: IEA
The International Energy Agency forecasts total oil supply from non-OPEC+ Latin America to reach 7.5 MMbbl/d in 2028 on the backs of Brazil, Guyana and Argentina—offsetting declines in the rest of the region.
June 16, 2023
Pitts: Africa Questions Pace of West’s Energy Transition Push
Africa understands that the energy transition is necessary; the problem is the pace desired by the West.
June 15, 2023