Mexico stuck in neutral
The resources are there and the reforms have opened the door to investors, but shale gas can't yet compete
Shale gas was once among the most highly-touted opportunities in Mexico's energy reforms, with streams of reports predicting that shale specialists who cut their teeth in the US would make the short trip across the border and bring a shale bounty with them. The potential is indisputable. The prolific and well-known Eagle Ford shale play spans the US-Mexico border and additional shale fields stretch down Mexico's Gulf Coast in the Burgos Basin. The Energy Information Administration global shale survey ranked Mexico sixth among the world's shale-gas holders with 545 trillion cubic feet in potential resources. This is a potential bonanza, considering that one of the central aims of Mexico's ene
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
