North American NatGas Futures on Downward Swing Despite Russian Military Mobilization – Mexico Spotlight

Natural gas prices again showed volatility this week as news of Russia potentially pouring more into the war effort warned of further disruptions to energy markets. After five sessions of losses, the October Nymex gas futures contract settled at $7.779/MMBtu on Wednesday, up 6.2 cents day/day. November gained 5.5 cents to $7.827. But then a

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MVP Approval, Permitting Reforms at Stake as Senate Showdown Looms

Sen. Joe Manchin (D-WV) unveiled the text Wednesday evening of a permitting reform bill that would streamline the review process for energy infrastructure and guarantee approval and completion of the 94% finished Mountain Valley Pipeline LLC (MVP) project. Senate Majority Leader Chuck Schumer (D-NY) has said he would attach the bill to a continuing resolution

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Increase in Suez Canal Transit Fees Unlikely to Impact LNG Trade Flows

Egypt’s Suez Canal Authority (SCA) is increasing transit tolls next year, adding to the costs associated with shipping LNG and other fuels through the key trade route. Fees will increase by 15% for tankers carrying oil and petroleum products, and by 10% for dry bulk carriers and cruise ships. “I don’t expect the Suez canal

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