Mexico is heading towards much-needed energy sector reform, and with two of the country’s three major political parties in broad alignment on energy goals, major changes to the sector look more likely than ever, according to attorneys in the energy practice of law firm Mayer Brown. Mexico is major oil producer, and one of the… Keep reading →
LNG
Sign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.In the midst of the shale revolution, US proved natural gas reserves drove the first ever global decline in proved gas reserves in 2012, and it all comes down to low prices, according to BP Chief Economist Christof Rühl. Global proved natural gas reserves fell by half a trillion cubic metres in 2012 compared to… Keep reading →
Despite objections, the U.S. is heading down the road to export natural gas, and that could ultimately help shake up world energy markets.
The boom in U.S. natural gas, thanks to new drilling technologies has resulted in a record amount of recoverable gas at cheap prices. Selling some of it abroad would bolster U.S. exports, help trade imbalances and relations, and provide fuel to parts of the world where it is now scarce and expensive. Keep reading →