The ethane spread between Conway and Mont Belvieu has narrowed dramatically since the summer.
Addressing lawmakers in a congressional hearing, deputy finance minister Arturo Herrera acknowledged concerns that Pemex risks a credit rating downgrade and said the company would need to be looked after very carefully.
Mexico’s energy regulator on Dec. 11 canceled two oilfield auctions scheduled for February, after the new leftist government said it would not hand over more resources to private companies until they proved themselves as producers.
It’s beginning to look a lot like a tight natural market everywhere you analyze, says Stratas Advisors.
The C$265 million sale to Enbridge consists of Leismer pipelines and a Cheecham storage terminal serving the Leismer oil sands and Corner projects in Athabasca’s Alberta thermal oil business.
Mexico's energy secretary said Lopez Obrador's newly installed administration would cancel two February bidding rounds for oil and gas blocks, including Mexico's first shale areas.
Manuj Nikhanj, who helps steer RS Energy Group as president and co-CEO of the Calgary, Alberta-based intelligence firm, is today’s Forty Under 40 honoree.
Higher gas prices, narrower NGL margins and an ethane market on track for a spike decorate the outlook.
Despite a promise in his inauguration speech to roll back the energy reform, the 65-year-old president did not rule out inviting more private sector investment in extracting oil from Mexico's untapped deepwater fields in the Gulf of Mexico.
David Crombie, who previously served as president of completion solutions and executive vice president, brings over two decades of experience to his latest role as COO at Nine Energy Service.