E-Mail Address: Password:
Forgot password?
Click here to register
[login]
Home Articles Stocks Faq About Us Contact Us RSS Feeds September 3, 2010
SEARCH: 
Energy Tribune Jobs
(click here)
Featured Stories
Guest Opinions
Americas
Europe
Russia
Middle East
China
Australasia
India
Africa
Nuclear
Commentary
Print Issues
Oil and Gas Industry ...
EPA’s Fracking Hyster...
The UN Taxman: Could ...
Asian Energy and How ...
Angola: An emerging o...
Wind Energy Gets Huge...
Anthony Cordesman Bus...
The End of Coal?
Wood to Coal to Oil t...
Death of A Gentleman:...
Wind Energy Gets Huge...
Clean-Energy Forum Le...
Wind Energy’s House o...
PNG and Australia Mee...
Calif. Moves to Set U...

Will Mexico Start Sending Natural Gas North?

Posted on Apr. 03, 2009

Ed note: This article was published earlier this week by Navigant Consulting. It is reprinted here with Navigant’s permission.

In the North American energy business, the words “gas exports” do not usually appear in the same sentence as “from Mexico.” But get ready, because Mexico has recently increased its production and LNG imports, slashed pipeline imports to a trickle, and looks poised to start shipping gas north this year.

In recent issues, we have addressed the complex relationships within the North American gas industry among the price drivers of increasing US shale gas production, decreasing Canadian gas exports, uncertain LNG import levels, and declining US demand levels. Sorting through the interplay between these drivers and North American gas price levels has knotted many brows across the industry. The Mexican gas industry may soon compound that consternation.

According to the US Energy Information Agency, Mexico has been a net importer of US natural gas since 1990. Mexican gas imports peaked at 1.8 bcf/d in 2004, declined gradually to 1.3 bcf/d by 2006, and then plummeted to 0.4 bcf/d in 2008. Mexico is poised to achieve a positive net export balance for natural gas in 2009-2012.

The reversal of trade flows will be dramatic. The 48-inch Pemex trunkline that connects the major oil and gas reserves of southeast Mexico to markets in northeast Mexico and Texas was originally built to facilitate large-scale Mexican exports to the US. Contrary to that intent, the Pemex system has instead served as a major import corridor for US supplies. Now it may after all serve its original purpose.

It did not function as originally planned because, for several decades, Mexican gas production has been consistently lower than consumption. This was the product of a disparity in investment between the robust private programs for natural gas delivery infrastructure and power generation, and the inadequate public investment in natural gas production, which is the exclusive responsibility of the state oil and gas company, Pemex.

Slathering on the Supply

Between 2006 and 2008, Mexico increased domestic gross gas production from 5.5 to 6.2 bcf/d, and net production from 3.4 to 3.9 bcf/d. The approximate 0.5 bcf/d increase in net production kept pace with a 0.5 bcf/d increase in demand, from 4.3 bcf/d in 2006 to an estimated 4.8 bcf/d in 2008.

However, Mexico has also added another 0.5 bcf/d of LNG imports through two new terminals, one in Ensenada just south of San Diego and the other in Altamira on the Gulf Coast. The LNG imports to date have utilized only a fraction of the terminals’ capacity, but they have already enabled Mexico to decrease its average pipeline imports from the US from 0.9 bcf/d in 2006 to approximately 0.4 bcf/d in 2008.

During earlier years, approximately 0.4 bcf/d of these imports supplied northwest Mexico’s isolated, import-dependent systems in Baja California and Sonora, across the border from Arizona. The balance of imports occurred on the Mexican pipeline system that ties to a handful of cross-border pipeline connections in west and southeast Texas.

The imports into northwest Mexico from California and Arizona have remained relatively constant, while the imports from Texas have declined from 0.5 bcf/d in 2006 to almost zero in 2008. Mexico’s gas balance is summarized in the Table 1.

Graphic by Seth Myers

Table 1

Mexican gas production grew throughout 2008 as the government provided Pemex with increasing financial resources to invest in oil production. Since the majority of Mexican gas production is associated with oil, imports of gas from Texas into the Mexican interconnects have steadily dropped.

Shifting Trade into Reverse

Mexico hit the brakes on imports of US pipeline gas in 2008 and it will probably shift them into reverse this year, generating a net export balance with Texas in 2009 and possibly with the US overall by 2010, when exports to Texas may grow to exceed the ongoing steady imports from California and Arizona.

In 2009-2012, our projections suggest that Mexican gas exports to the US could be as high as 0.5 bcf/d this year and could grow to as much as 1.3 bcf/d by 2012. Over this period, there is an approximate 0.6 bcf/d to 0.7 bcf/d variation between our high and low forecasts for Mexican production, LNG supply, and demand. These results are presented in Table 2.

Graphic by Seth Myers

Table 2

Over the next few years, the reversal of US-Mexican gas trade will be driven by three key trends:

• Short-term economic recession followed by gradual recovery, yielding relatively flat gas demand through 2010 and moderate increases thereafter.

• Continued dramatic Mexican production increases in early 2009, followed by a production plateau over the ensuing years.

• Continued significant increases in Mexican LNG imports that will absorb both existing underutilized terminal capacity and the 500 MMcf/d of new capacity slated to come online in late 2011 in Manzanillo, on the Pacific Coast near Guadalajara.

The Mexican supply-demand balance has been significantly impacted by the credit crisis. The abrupt slowdown in gross domestic product growth in late 2008 and expectations for negative GDP growth in 2009 have taken a heavy toll on expectations for electricity demand, causing the state power company CFE to adjust its capacity plan and defer some of its major natural gas CCGT and repower projects by several years. The economic slowdown has also reduced expectations for industrial gas demand.

While the credit crisis has dented Mexican gas demand, it has had an opposite, positive impact on the outlook for Mexican gas production by accelerating significant sector reforms and investment programs. The credit crisis may turn out to be a boon to Mexican production precisely because it came at such an unfavorable time for the Mexican government and Pemex, and opened a window of opportunity to enact substantial energy reform. The Mexican government depends on heavy taxation of Pemex, which earns most of its money from exporting crude oil. For several years, Pemex’s oil reserves and production have declined due to budget limitations that resulted in inadequate investment in exploration and production. By mid-2008, accelerated production declines at major fields such as Cantarell escalated Pemex’s investment constraints to the top of the national agenda. When the credit crisis struck and further restricted Pemex’s access to capital, significant reform became imperative.

President Calderon, a former Energy Minister and strong supporter of energy reform, used the political window of opportunity presented by the credit crisis to secure congressional support for substantial changes in Mexican energy laws and regulations. With great effort and despite considerable resistance, Calderon’s administration secured passage of historic reform legislation in October of 2008. While modest in scope by international standards, the Mexican reforms are historic for a country with a long tradition of resource nationalism that is enshrined in a constitutionally-mandated state monopoly on oil and gas production.

The reforms immediately free up Pemex financial resources for a redoubled E&P investment campaign. They also include long-term measures designed to attract and secure greater levels of private investment in the sector. Although the long-term measures will be challenging to translate into successful results, the substantial short-term financial resources available to Pemex are already reversing Mexico’s long history of underinvestment to the benefit oil and gas production.

The Pemex investment campaign is focused on oil production, but associated gas production will also benefit. Mexico’s hydrocarbon reserve replacement rate already has improved substantially – to over 100 percent – after many years of much lower results. In 2008, associated gas production growth accounted for most of the increased Mexican gas output.

Additionally, Pemex has immediate opportunities to significantly reduce gas flaring and increase available gas supply. Pemex flaring rates were below 5 percent of total production a few years ago, but have since climbed to almost 23 percent of production. By investing in the gas gathering and processing infrastructure needed to bring the waste volumes to market, Pemex can substantially increase its production results in the short term, and doing so is among Pemex’s stated priorities.

Putting a Point on Price

Our base case forecasts for North American natural gas prices suggest that the approximately 600- to 740-MMcf/d variation between our high and low scenarios for Mexican gas exports could generate price variations of about 5 to 7 percent, or approximately $0.25 to $0.35 per MMBtu in a given year, assuming a $4.75 to $5.25 price environment.

In 2009, for example, the difference between marginal Mexican imports of 136 MMcf/d and net exports of 455 MMcf/d suggests that the downward price pressure associated with the high export scenario is on the order of $0.25 per MMBtu. These relationships are plotted in the figure below.

Graphic by Seth Myers

Figure 1

The reversal of US -Mexican trade volumes in the coming years will represent no more than two percent of North American demand. However, as a new source of marginal supply to the larger North American market, Mexican gas exports to the US will be large enough to increase the downward price pressure associated with softened demand and growing shale and LNG supply. Uncertainty around the level and timing of new and increasing Mexican exports could also contribute to price volatility.

Christopher Goncalves is a director at Navigant Consulting with 18 years of financial and energy industry experience.


Stumble It!
Share on Facebook   Share on Twitter
Back Home   Back to Top
Related Articles
Germany’s Nuclear Bridge
By Geoffrey Styles 
Sep. 2 2010, 2:52 EST
E85 Case Study: Iowa
By Robert Rapier 
Sep. 1 2010, 2:54 EST
Wind Energy’s House of Cards
By Steve Goreham 
Aug. 31 2010, 2:17 EST
Looking Back to Look Ahead
By Geoffrey Styles  
Aug. 30 2010, 5:33 EST
Wind Energy Gets Huge Subsidies. So Wher...
By Robert Bryce  
Aug. 27 2010, 2:15 EST
Oil and Gas Industry Tax Incentives: Ho...
By Michael J. Economides 
Aug. 25 2010, 7:45 EST
Turkmenistan Warms to US, Hugs China
By Andres Cala 
Aug. 24 2010, 7:03 EST
Anthony Cordesman Busts the Myth of Ener...
By Robert Bryce 
Aug. 23 2010, 6:01 EST
The Great British Solar Scam (and the sc...
By Peter C Glover, ET European correspondent 
Aug. 20 2010, 6:12 EST
The End of Coal?
By Robert Bryce, ET managing editor 
Aug. 19 2010, 6:17 EST
By Executive Order
By Geoffrey Styles, blogger at Energy Outlook 
Aug. 18 2010, 2:10 EST
A Better Ethanol Policy
By Robert Rapier 
Aug. 17 2010, 2:02 EST
CLOSE
MORE
BP Tripled Ad Spending After Spill
By John M. Broder 
Sep. 2 2010, 4:12 EST
Colorado: A Leader in Wind Energy
By Greg Vallin 
Sep. 2 2010, 4:06 EST
Global Jackup Report Card Part II
By Rigzone Staff 
Sep. 2 2010, 4:02 EST
Russian Government Rethinks Energy Polic...
By Anna Sulimina 
Sep. 2 2010, 3:46 EST
Oil Price Ignores Long-Term Supply Worri...
By Angus Mcdowall 
Sep. 2 2010, 1:20 EST
German Military Study Warns of Potential...
By Robert Rapier 
Sep. 2 2010, 1:17 EST
Risks Remain with Gulf Well Cap Coming O...
By CNBC 
Sep. 2 2010, 12:33 EST
A Greener Champagne Bottle
By Liz Alderman 
Sep. 1 2010, 12:44 EST
Obama Lobbied to Add Solar Panels to Whi...
By USA Today 
Sep. 1 2010, 12:39 EST
The Facts About Wind Energy and Emission...
By Michael Goggin 
Sep. 1 2010, 12:07 EST
The Peak Oil Crisis: Prospects for China
By Tom Whipple 
Sep. 1 2010, 11:53 EST
A Nuclear Giant Moves Into Wind
By Matthew L. Wald 
Sep. 1 2010, 11:49 EST
CLOSE
MORE
Oil Sheen Spreading from Gulf Platform E...
By Alan Levin and Julie Schmit 
Sep. 2 2010, 3:58 EST
Oil Rig Explodes in Gulf, 1 Person Injur...
By CBS NEWS 
Sep. 2 2010, 3:57 EST
Canada’s Renewable-Fuel Regulations Comp...
By Alexandre Deslongchamps and Irene Shen 
Sep. 2 2010, 3:57 EST
Petrobras Gains to Two-Week High
By Peter Millard 
Sep. 2 2010, 3:53 EST
Chelsea Produce Market to Receive 2 Mill...
By Beth Daley 
Sep. 2 2010, 1:12 EST
Calif. HOV-Lane Expanded To Include More...
By Viknesh Vijayenthiran 
Sep. 1 2010, 11:05 EST
Chilean President Optimistic About Miner...
By English News 
Sep. 1 2010, 10:57 EST
Strict Rules for Regulators on Ties to t...
By Stephen Power 
Sep. 1 2010, 10:10 EST
Bahamas Drill Ban Hurts Shares in Oil Ex...
By Reuters 
Aug. 31 2010, 1:10 EST
Exelon to Buy Deere’s Wind Power Unit Fo...
By CNBC 
Aug. 31 2010, 12:10 EST
Chile Begins Drilling Mine Rescue Shaft
By BBC News 
Aug. 31 2010, 11:05 EST
BP’s Life on Frontiers of Energy Industr...
By Jane Wardell 
Aug. 30 2010, 1:29 EST
CLOSE
MORE
Europe Crude Markets Strengthen On Deman...
By The Wall Street Journal 
Aug. 27 2010, 11:17 EST
Nuclear Reactor Designs Likely to Win U....
By Kari Lundgren 
Aug. 26 2010, 3:09 EST
Rover Technology Could Improve Solar Pow...
By Sify News 
Aug. 24 2010, 11:30 EST
Romania Aims to Decide on Nuclear Units ...
By Reuters 
Aug. 19 2010, 5:41 EST
Spain’s Renovalia to Invest in Canadian ...
By Shannon Roxborough  
Aug. 12 2010, 2:30 EST
U.K. Will Open Nuclear Power Station in ...
By Robert Hutton and Kari Lundgren 
Aug. 9 2010, 12:43 EST
Ecuador Renegotiates With Foreign Oil Fi...
By Spencer Swartz and Mercedes Alvaro 
Aug. 9 2010, 12:05 EST
North Sea Oil Groups Seek to Speed Devel...
By Mathew Carr  
Aug. 9 2010, 12:01 EST
Fire Put Out at British Nuclear Weapons ...
By the CNN Wire Staff 
Aug. 4 2010, 12:17 EST
Green Activists Out to Prevent BP Oil Dr...
By The London Evening Standard 
Aug. 2 2010, 1:29 EST
EU’s Ethanol Production Up 60 Percent
By Biofuels International 
Jul. 28 2010, 2:29 EST
Britain to Allow Export of Civil Nuclear...
By Nicholas Watt  
Jul. 28 2010, 11:44 EST
CLOSE
MORE
Russia: Iran’s Nuclear Plant to Get Fuel...
By CNBC 
Aug. 13 2010, 5:01 EST
Lawmakers Unlikely to Block US-Russia Ci...
By Washington Examiner 
Aug. 12 2010, 5:13 EST
BP’s Dudley to Meet Top Russian Energy O...
By Katya Golubkova and Jessica Bachman 
Aug. 2 2010, 11:28 EST
Russia to Spend 200M on Largest Wind-Pow...
By RIA Novosti 
Jul. 30 2010, 5:33 EST
Russia`s Zarubezhneft to Drill Cuba Oil ...
By Tehran Times 
Jul. 15 2010, 11:25 EST
Russia Ready to Ship Oil Products to Ira...
By Xinhua News 
Jul. 14 2010, 11:48 EST
Russia, Vietnam Boost Oil Cooperation
By The Moscow Times 
Jul. 12 2010, 12:54 EST
Russia Challenges Middle East on Oil to ...
By Christian Schmollinger 
Jul. 8 2010, 2:41 EST
Russia Becoming Major Oil Supplier to U....
By Ria Novosti 
Jul. 7 2010, 11:42 EST
Russia Holds Oil Output at Record in Jun...
By Anna Shiryaevskaya 
Jul. 2 2010, 11:43 EST
Poland, Germany, Slovakia Delay Green En...
By Catherine Craig and Anna Czajkowska 
Jul. 1 2010, 12:46 EST
Total to Develop Gas Field in Barents Se...
By Geraldine Amiel 
Jun. 29 2010, 1:42 EST
CLOSE
MORE
Middle East Direct Peace Talks Begin in ...
By BBC News 
Sep. 2 2010, 12:41 EST
Qatar Exchange On An Upswing
By The Peninsula 
Sep. 1 2010, 11:46 EST
Iran Sets 2020 Target for Nuclear Fusion...
By Las Vegas Sun 
Sep. 1 2010, 9:55 EST
Iran to Resume Gas Export to Turkey
By Tehran Times 
Aug. 31 2010, 10:55 EST
OPEC Oil Output Declined on Iraqi Pipeli...
By Karyn Peterson and Mark Shenk 
Aug. 31 2010, 10:19 EST
Iran Has No Intention to Make Nuclear Bo...
By English News 
Aug. 30 2010, 12:52 EST
Iraq Oil Flow To Turkey On Hold Since Su...
By Wall Street Journal 
Aug. 30 2010, 11:48 EST
OPEC to Cut Exports, Oil Movements Says
By Arabian Business 
Aug. 27 2010, 11:23 EST
Israeli FM: No Peace Deal Within One Yea...
By English News 
Aug. 26 2010, 11:52 EST
Abu Dhabi To Build 100 MW CSP Plant
By Stephen Lacey 
Aug. 25 2010, 2:06 EST
Iran Test-Fires New Surface-to-Surface M...
By English News 
Aug. 25 2010, 1:57 EST
Iran Inaugurates New Cross-Country Gas P...
By Tehran Times 
Aug. 24 2010, 11:21 EST
CLOSE
MORE
North Korea Hopes for Early Nuclear Talk...
By BBC News 
Aug. 30 2010, 1:09 EST
China, South Africa In Talks On Nuclear ...
By Automated Trader 
Aug. 24 2010, 11:24 EST
Sinopec Says China Oil Imports May Slow ...
By Reuters 
Aug. 24 2010, 11:17 EST
Korea Pension in Talks to Buy U.S. Oil P...
By Seonjin Cha and Saeromi Shin 
Aug. 23 2010, 2:52 EST
China Guangdong Nuclear Signs MOU With V...
By NASDAQ 
Aug. 19 2010, 5:35 EST
China to Send Delegation to Uganda on Oi...
By Emmanuel Gyezaho 
Aug. 19 2010, 12:27 EST
Woodside, Rival Chevron Find More Gas Of...
By San Francisco Chronicle 
Aug. 17 2010, 2:48 EST
Chinese Buyers Defer Prompt Coal Shipmen...
By Steel Guru 
Aug. 16 2010, 5:38 EST
China Asked to Set Ceiling on Coal Outpu...
By iStock Analyst 
Aug. 12 2010, 2:23 EST
Korea Close to Deal for North Sea Oil
By Robin Pagnamenta and Gary Parkinson  
Aug. 12 2010, 2:06 EST
Nuclear Venture to Target Mideast If Exp...
By Ayesha Daya 
Aug. 10 2010, 4:41 EST
Japan May Consider Cutting Oil Imports
By Gulf Times 
Aug. 10 2010, 3:43 EST
CLOSE
MORE
India to Build the World’s Largest Solar...
By Xinhua Net 
Sep. 2 2010, 12:29 EST
Top Envoys to Meet US Over Resumption of...
By Kim Young-jin 
Sep. 1 2010, 11:12 EST
JAL Submits Rehab Plan to Tokyo District...
By Xiong Tong 
Aug. 31 2010, 12:39 EST
North Korean Pair Viewed as Key to Secre...
By Jay Solomon 
Aug. 31 2010, 11:11 EST
Japanese, Korean Firms Eye Indonesia’s E...
By Reuters 
Aug. 30 2010, 1:40 EST
Kingdom, Japan Nearing Nuclear Deal
By Taylor Luck 
Aug. 27 2010, 11:26 EST
Indonesia Approved 15 Oil and Gas Projec...
By Deden Sudrajat 
Aug. 25 2010, 2:01 EST
Kuwait Raises Concerns Over Safety of Ir...
By Elsa Baxter 
Aug. 25 2010, 1:06 EST
The Greening of Mining, Our Place in the...
By Mathaba 
Aug. 20 2010, 2:59 EST
Mongolia Can Undercut Australian Coal Ex...
By Steel Guru 
Aug. 17 2010, 2:09 EST
Bangladesh to Shut Gas Stations Amid Pow...
By Anbarasan Ethirajan 
Aug. 13 2010, 5:05 EST
Chevron Makes Gas Discovery Off Coast of...
By Edward Klump 
Aug. 13 2010, 4:43 EST
CLOSE
MORE
U.S. May Finance Coal Projects in India,...
By Mongabay 
Aug. 27 2010, 4:04 EST
India Overtakes Japan in Demand for Oil
By Aveek Datta 
Aug. 26 2010, 11:24 EST
India Says Still Pursuing Peace Pipeline
By Tehran Times 
Aug. 18 2010, 12:25 EST
Wet Coal Has Hit Power Generation in Ind...
By Steel Guru 
Aug. 10 2010, 4:00 EST
Adani Buys Linc Coal Assets for 2.72 Bil...
By James Fontanella-Khan and Lachlan Colquhoun 
Aug. 3 2010, 5:06 EST
India Interested in Queensland Coal
By Tony Grant-Taylor 
Jul. 13 2010, 4:35 EST
Singh’s Resolve to Rein in Spending Test...
By Bibhudatta Pradhan  
Jul. 5 2010, 11:53 EST
India Auction of Oil, Gas Blocks Fetches...
By AFP 
Jul. 1 2010, 11:21 EST
India’s Crude Oil Production Expands by ...
By Deccan Herald 
Jun. 29 2010, 12:46 EST
Bangladesh Seeks Indian Help for Khulna ...
By SteelGuru 
Jun. 28 2010, 12:17 EST
Scrapping of Fuel Regulation to Boost In...
By Rakteem Katakey 
Jun. 28 2010, 11:51 EST
India Boosts Imports of Colombian Therma...
By Dinakar Sethuraman 
Jun. 18 2010, 12:20 EST
CLOSE
MORE
Nigeria May Give Brazil Access to Oil, G...
By Paul Okolo  
Sep. 1 2010, 9:53 EST
IAEA: Sudan Needs Two Research Nuclear R...
By Bernama 
Aug. 27 2010, 4:47 EST
Solar Energy Brings Power to Rural Afric...
By Catriona Davies 
Aug. 23 2010, 4:55 EST
Wind Could Power 35 Percent of South Afr...
By English News 
Aug. 17 2010, 3:56 EST
Oil Pipeline Sabotage Increasing In Nige...
By RTT News 
Aug. 16 2010, 5:26 EST
Nigerian Govts Accused of Not Favoring A...
By OpeOluwani Akintayo 
Aug. 13 2010, 4:39 EST
OPEC Likely to Maintain Oil Output at Ne...
By Candido Mendes 
Aug. 13 2010, 4:25 EST
Nigeria sees China, U.S. Interest in Oil...
By Reuters 
Jul. 30 2010, 5:11 EST
Shell to Sell 4 Oil Blocks in Niger Delt...
By Chika Amanze-Nwachuku 
Jul. 29 2010, 3:07 EST
HSBC in Energy Trading Alliance with Tot...
By Reuters 
Jul. 23 2010, 12:53 EST
Nigeria’s Oil Company Says Units Won’t B...
By Elisha Bala-Gbogbo 
Jul. 22 2010, 1:51 EST
Kuwait Gives Initial Nod for Oil Border ...
By Reuters  
Jul. 20 2010, 4:38 EST
CLOSE
MORE
Two More Nuclear Reactors to be Built in...
By Nuclear Engineering International 
Jul. 2 2010, 11:57 EST
U.S. Will Object to China, Pakistan Nucl...
By The Washington Post 
Jun. 15 2010, 11:48 EST
China Wants More Dialogue on Iran Nuclea...
By AP 
Jun. 10 2010, 8:59 EST
Iran Reactor Starts Up in August
By Reuters 
May. 20 2010, 11:10 EST
US Calls Iran Nuclear Deal Positive Step
By Xinhua 
May. 18 2010, 11:29 EST
Brazil to Build New Nuclear Reactor
By AFP 
May. 6 2010, 10:31 EST
Iranian Leader Flies Into Nuclear Storm
By Rupert Cornwell 
May. 3 2010, 11:43 EST
Zimbabwe Says No Uranium Deal With Iran
The Vancouver Sun 
Apr. 27 2010, 8:16 EST
Italy, Russia Sign Nuclear Agreement
By People’s Daily 
Apr. 27 2010, 8:13 EST
Australia Will Allow Exports of Uranium ...
By Marion Rae 
Apr. 23 2010, 10:47 EST
Medvedev in Ukraine for Nuke Energy Deal
By Earth Times 
Apr. 21 2010, 11:08 EST
Iran, Security Council Plan Nuclear Talk...
By Farhad Pouladi 
Apr. 19 2010, 2:18 EST
CLOSE
MORE
Japanese Cut BHP Coal Prices
Sep. 2 2010, 5:17 EST
 
Kuwait, Saudi Plans Gas Facilities
Sep. 2 2010, 5:14 EST
 
Turkish Gas Sales Plunge
Sep. 2 2010, 1:00 EST
 
China, Russia Agree to Expansion
Sep. 2 2010, 1:00 EST
 
Qatar to Celebrates Achieving 77M
Sep. 2 2010, 1:00 EST
 
Gas Problem for Norway and Russia
Sep. 2 2010, 1:00 EST
 
Alaska’s Crude Output Drops 4.4 pct
Sep. 2 2010, 1:00 EST
 
China Plans Offshore Oil Expansion
Sep. 2 2010, 1:00 EST
 
Russia Holds Aug. Oil Output
Sep. 2 2010, 1:00 EST
 
PetroChina Discovers High Gas Flow
Sep. 1 2010, 1:03 EST
 
Poisonings Linked To Toxic Chemicals
Sep. 1 2010, 1:00 EST
 
Denver Mint To Coin New Approach
Sep. 1 2010, 1:00 EST
 
CLOSE
MORE
Dow Jones +50.63 +0.49 10,320.10
S&P 500 +9.81 +0.91 1,090.10
NASDAQ +22.39 +1.03 2,199.23
As of 09/02/2010 04:00 PM  
Energy Tribune +0.54 +0.58 92.98
Integrated +0.82 +0.58 142.27
Operations +0.66 +0.59 113.75
Services & Equipment +0.31 +0.23 137.68
Coal +3.17 +0.92 349.33
As of 09/02/2010 04:00 PM  
WH Clean Energy +0.63 +1.58 40.54
WH Progressive Energy +0.67 +0.92 73.60
As of 09/02/2010 04:00 PM  
Japanese Cut BHP Coal Prices
Sep. 2 2010, 5:15 EST
[Read More]
Kuwait, Saudi Plans Gas Facilities
Sep. 2 2010, 5:12 EST
[Read More]
Turkish Gas Sales Plunge
Sep. 2 2010, 5:18 EST
[Read More]
China, Russia Agree to Expansion
Sep. 2 2010, 5:16 EST
[Read More]
Qatar to Celebrates Achieving 77M
Sep. 2 2010, 5:13 EST
[Read More]
Gas Problem for Norway and Russia
Sep. 2 2010, 5:11 EST
[Read More]
Alaska’s Crude Output Drops 4.4 pct
Sep. 2 2010, 5:10 EST
[Read More]
China Plans Offshore Oil Expansion
Sep. 2 2010, 5:09 EST
[Read More]
Russia Holds Aug. Oil Output
Sep. 2 2010, 5:07 EST
[Read More]
[ click here ]
FaceBook  |   Twitter
Home | Subscribe | Articles | Commentary | Stocks | Faq | About Us | Contact Us | Subscribers Only | RSS | All News
Advertise With Us