Column: Energy Transition and e-Mobility in Mexico

Mexico’s most obvious energy transition effort relates to its push to embrace electric mobility, or e-mobility, but the country faces many of the same challenges as markets in North America and Europe.

US OFAC Extends Citgo Protection Until Oct. 2023

The U.S. Office of Foreign Assets Control extended protection to Citgo Petroleum from creditors until the end of October 2023.

Barred Machado Eyes Venezuela Energy Sector Privatization, Debt Restructuring

Venezuela’s leading opposition candidate María Corina Machado plans to privatize the upstream and downstream sectors and restructure the Caribbean country’s debt if elected president in 2024. Her main obstacle: she’s barred from holding public office.

For LNG, 2023 is the New 2014

Recent announcements show it’s no cliché to say that LNG is heating up again.

Colombia’s Energy Minister Irene Vélez-Torres Resigns

Colombia’s mines and energy minister Irene Vélez-Torres resigned from the ministry, citing investigations against her use of power.

US Envoy John Kerry says China-US Climate Relations Need 'More Work'

While the U.S. and China both agree that climate change is a pressing concern, Kerry said more work is still to be done.

EU Lawmakers Drop Call for Cap on Power Plants' Windfall Revenues

The EU is negotiating reforms of its electricity market, designed to expand renewable energy and protect consumers from price spikes. 

Transocean Rig Wins Long-term Contract Offshore Mexico

Driller Transocean Ltd. revealed an independent operator awarded a 1,080-day contract for a high-specification seventh-generation, ultra-deepwater drillship in the Gulf of Mexico.

Australia Retains Top LNG Exporter Spot, Says IGU Report

Australia, the U.S. and Qatar retained their bragging rights as the top three countries worldwide dominating LNG exports and global liquefaction capacity, the IGU revealed in its newest study.

Chart Talk: Venezuela’s Massive Production Meltdown

OPEC’s Venezuela lost an average 2.07 MMbbl/d under its so-called “socialist” leaders, according to OPEC data, and now the country continues with efforts to break through a production ceiling that appears to be 800,000 bbl/d.