The Mexican government expects to transfer 136 billion pesos (US$6.69 billion) to state oil producer Pemex next year to help the heavily indebted firm meet its debt and loan repayments.
Mexico is finally getting its feet off the ground with LNG exports, joining the U.S. to make North America an LNG exporting powerhouse.
Four main pipelines send Permian and Eagle Ford gas to the Mexico border.
Continued U.S. piped-gas exports to Mexico bode well for Eagle Ford and Permian producers.
Mexico Pacific is working with MUFG, Santander and JP Morgan to arrange the financing needed to support FID and the anchor phase of Saguaro Energía LNG.
U.S. LNG projects ranging from Plaquemines LNG Phase 1 to Corpus Christi Stage 3 are set to account for around three-quarters of the global incremental supply coming online in 2025, according to the Paris-based International Energy Agency (IEA).
Mexico’s state-owned Pemex has shut-in three units at its 320,000 bbl/d Deer Park refinery after a hydrogen sulfide leak injured 35 and left two dead.
Court analysts say a decision on the proposed Uinta Basin railway, coming next year, could have a major impact on the energy industry.
Enbridge’s Allen Capps shares the company’s long term growth solutions, and his optimism on gas prices, following completion of transformational natural gas deals with Dominion, in this Hart Energy Exclusive interview.
U.S. energy infrastructure company New Fortress Energy on Sept. 30 shipped the first export of LNG from Mexico, following the inauguration of output at its floating facility off the country's coast, the company said.