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22.09.26 - 01:09
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Corporate News: ESENTIA ENERGY (EQS)
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ESENTIA Announces the Execution of an Agreement to Acquire the Guadalajara-Manzanillo Natural Gas Pipeline System, Connecting Existing System to the Port of Manzanillo...
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07.08.26 - 04:42
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Mexico Bans Fracking In Key Shale Basin (ZeroHedge)
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Mexico Bans Fracking In Key Shale Basin
By Julianne Geiger of OilPrice.com
Mexico has ruled out fracking in a key shale basin, drawing a line through a resource-rich area even as the country looks for ways to cut its dependence on U.S. natural gas.
President Claudia Sheinbaum said hydraulic fracturing will not be allowed in the Tampico-Misantla basin beneath Veracruz and Tamaulipas. The government cited the basin's dense population, indigenous communities and freshwater reserves.
Sheinbaum ordered a panel to examine whether unconventional gas could help reduce imports from the United States. Mexico buys more than 6.5 billion cubic feet per day of pipeline gas from its northern neighbor, covering roughly 75% of domestic demand.
The commission recommended boosting conventional gas production first. Even with the proposed measures, Mexico's reliance on U.S. supply would fall only to about 50%, according to Sheinbaum.
Mexico would need unconventional gas to push that figure lower. The panel said...
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30.04.26 - 09:24
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Young: OPEC Exit is UAE Taking an Independent Stance (Bloomberg)
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The UAE's decision to quit OPEC has been driven by its worsening rift with Saudi Arabia. Abu Dhabi is now also considering its membership of regional bodies, including the Arab League and the Organization of Islamic Cooperation, and is reassessing its role in the GCC. Karen Young, Senior Research Scholar in the Center on Global Energy Policy, Columbia University spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the oil market reaction to this move.
Original filename: 20260430_052530_UAE_s_Departure_from_OPEC_Raises_Geopolitical_Questions_Amid.mp4 (Source: Bloomberg)...
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