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Natural gas shortage triggers major power outage; nearly 5 million affected

Natural gas shortage triggers major power outage; nearly 5 million affected
Cold weather in US halts movement of gas to Mexico
Published on Monday, February 15, 2021
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Almost 5 million people in northern Mexico were affected by a major power outage on Monday morning due to an interruption in the natural gas supply caused by cold weather.
President López Obrador said the blackout affected about 400,000 people in parts of Nuevo León, Coahuila, Tamaulipas and Chihuahua, including Saltillo, Reynosa, Matamoros, Nuevo Laredo, Ciudad Juárez, Chihuahua city, Cuauhtémoc and Delicias.
However, Federal Electricity Commission (CFE) distribution director Guillermo Nevárez Elizondo later said 4.7 million people were affected by the outages in the north of the country. ....

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As 2020 Ends, Door Remains Closed to New E&P Contracts in Mexico

As 2020 Ends, Door Remains Closed to New Oil and Gas E&P Contracts in Mexico
As 2020 draws to a close, the door remains closed for new exploration and production (E&P) contracts in Mexico’s oil and gas sector, with little visibility as to when they might resume.
With bid rounds, farmout tenders and service contract migrations frozen until further notice by President Andrés Manuel López Obrador, upstream activity will in the meantime be limited to state oil company Petróleos Mexicanos (Pemex) and the 111 E&P contracts awarded from 2015-2018 under the previous government following the 2013-2014 market-opening energy reform. ....

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