E&P Highlights: Dec. 9, 2024
Here’s a roundup of the latest E&P headlines, including a major gas discovery in Colombia and the creation of a new independent E&P.
Analysts: Trump’s Policies Could Bring LNG ‘Golden Era’ or Glut
Rystad warns that too many new LNG facilities could spell a glut for export markets.
Kissler: Wildcards That Could Impact Oil, Gas Prices in 2025
Geopolitics and weather top the list of trends that will determine the direction of oil and gas.
Trump Tariff Threat Raises Consternation Among Oil Lobbying Groups
Late Nov. 25, President-elect Donald Trump said one of his first executive orders would be to enact a 25% tariff on “all products” originating from Canada and Mexico, a move that could escalate refined products prices.
Mexico Pacific’s Saguaro: LNG’s Quicker Route to Asian Markets
Mexico Pacific’s 30-mtpa Saguaro LNG terminal promises a connection to Asia for Permian Gas that avoids the Panama Canal.
Mexico to Extend $6.7B to Cover Oil Producer Pemex's Debt in 2025
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.
North American LNG Exports Surge: Texas Fuels Mexico’s Growth
Mexico is finally getting its feet off the ground with LNG exports, joining the U.S. to make North America an LNG exporting powerhouse.
Mexico's Success in Navigating LNG Growth, Infrastructure, Lingering Headwinds Linked to Texas
Four main pipelines send Permian and Eagle Ford gas to the Mexico border.
Texas Gas Vital to Mexico’s Nearshoring Boom
Continued U.S. piped-gas exports to Mexico bode well for Eagle Ford and Permian producers.
Mexico Pacific Working with Financial Advisers to Secure Saguaro LNG I FID
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.