Andrew Baker

Six people were injured and seven remained unaccounted for after an explosion early Friday at an offshore natural gas processing facility operated by Mexican national oil company Petróleos Mexicanos (Pemex).

Mexico Pacific Ltd. LLC (MPL) has secured another China-based LNG offtaker for the Saguaro Energía liquefaction terminal proposed for Puerto Libertad in Sonora state.

Carbon capture and sequestration (CCS) specialist Denbury Inc. on Tuesday announced plans to develop two new carbon dioxide (CO2) sequestration sites in Louisiana.

Mexico’s state power company Comisión Federal de Electricidad (CFE) and Esentia Energy Systems have signed a memorandum of understanding (MOU) to jointly invest roughly $300 million to optimize and expand the country’s natural gas pipeline network.

A federal court has vacated a 2021 settlement that awarded more than $9 million to Pennsylvania landowners that alleged underpayment of royalties by Chesapeake Energy Corp. 

Mexico must incentivize domestic production of natural gas in order to reduce its dependence on imports from the United States, according to one of Mexico’s top oil and gas officials. 

Executives in the heart of the Lower 48 oil and gas patch have revised down their forecasts for domestic natural gas prices this year, according to the latest survey of industry activity and sentiment by the Federal Reserve Bank of Dallas.

The Texas upstream oil and gas sector added 6,900 jobs in May versus April, bringing the job count above 200,000 for the first time in more than three years, according to the Texas Upstream Oil and Gas Association (TXOGA).

Some relief could be on the horizon for Bakken Shale oil producers facing punishingly low prices for their associated natural gas, as efforts to add takeaway capacity out of the basin are advancing.

Mexico must cultivate a natural gas price index independent of U.S. benchmarks and develop a secondary market for pipeline capacity, according to experts who spoke last week in San Antonio, TX.