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Andrew Baker

Andrew joined NGI in 2018 to support coverage of Mexico’s newly liberalized oil and gas sector, and his role has since expanded to include the rest of North America. Before joining NGI, Andrew covered Latin America’s hydrocarbon and electric power industries from 2014 to 2018 for Business News Americas in Santiago, Chile. He speaks fluent Spanish, and holds a B.A. in journalism and mass communications from the University of Minnesota.

Silver Hill’s $1.2B Fund Targeting Haynesville, Eagle Ford and Austin Chalk Natural Gas Development

Silver Hill’s $1.2B Fund Targeting Haynesville, Eagle Ford and Austin Chalk Natural Gas Development

A $1.2 billion private equity fund raised by Silver Hill Energy Partners LP is eyeing plans to advance Lower 48 oil, natural gas and infrastructure, beginning with the Haynesville and Eagle Ford shales, as well as the Austin Chalk.  The fund has created Silver Hill Energy Partners III, which has made five upstream acquisitions across…

September 27, 2022
‘Continuing Headwinds’ Seen for Manchin Permitting Bill as Senate Vote Looms

‘Continuing Headwinds’ Seen for Manchin Permitting Bill as Senate Vote Looms

With the clock ticking, it remained unclear Tuesday whether Sen. Joe Manchin (D-WV) would secure the votes needed to pass a controversial permitting reform bill supported by the natural gas industry. The Senate Appropriations Committee released the text Monday evening of a continuing resolution (CR) to fund the federal government that must be passed by…

September 27, 2022
Hess, Nabors, Halliburton to Fund North Dakota Tribal Apprenticeship Program

Hess, Nabors, Halliburton to Fund North Dakota Tribal Apprenticeship Program

The North Dakota Tribal College System (NDTCS) is partnering with three leading oil and gas companies on an apprenticeship program to develop a homegrown workforce in the energy sector and other trades. Persistent labor shortages have plagued the Williston Basin, home to the mighty Bakken Shale, one of the Lower 48’s major oil and gas…

September 26, 2022
Momentum Midstream Takes FID on 1.7 Bcf/d Haynesville Natural Gas Gathering, Carbon Capture Project

Momentum Midstream Takes FID on 1.7 Bcf/d Haynesville Natural Gas Gathering, Carbon Capture Project

Private equity-backed Momentum Midstream LLC said Thursday it is moving forward with the New Generation Gas Gathering (NG3) project in the Haynesville Shale. The project, which is meant to supply growing Gulf Coast and LNG export demand, is to have initial capacity of 1.7 Bcf/d, expandable to 2.2 Bcf/d. Momentum is a subsidiary of Encap…

September 26, 2022
Schlumberger, Aramco Eyeing Emissions Reductions Through Digital Platform

Schlumberger, Aramco Eyeing Emissions Reductions Through Digital Platform

The world’s largest oilfield services company and the world’s largest oil company are partnering to develop a digital platform to help decarbonize hard-to-abate industrial sectors. Schlumberger Ltd. and Saudi Arabian Oil Co. (Aramco) said this week that, “The proposed platform will enable companies in industries such as oil and gas, chemicals, utilities, cement and steel…

September 23, 2022
MVP Approval, Permitting Reforms at Stake as Senate Showdown Looms

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…

September 22, 2022
Steel Reef Acquires 400 Miles of Bakken Natural Gas Gathering Assets

Steel Reef Acquires 400 Miles of Bakken Natural Gas Gathering Assets

Steel Reef Infrastructure Corp. has completed a $40 million purchase of natural gas gathering assets in North Dakota’s Burke and Mountrail counties from Summit Midstream Holdings LLC. The assets comprise 400 miles of gathering lines and six additional compressor stations adjacent to Steel Reef’s current infrastructure, the company said, adding it will pay for the…

September 22, 2022
‘Too Little, Too Late,’ Says Aramco CEO of Global Oil, Natural Gas Investment

‘Too Little, Too Late,’ Says Aramco CEO of Global Oil, Natural Gas Investment

Policymakers must ensure the supply of conventional energy sources alongside lower carbon ones as the energy transition marches on, according to Saudi Arabian Oil Co. (Aramco) CEO Amin Nasser. The head of the state-owned oil behemoth has been warning of the threats to global energy security posed by underinvestment in oil and natural gas. “Many…

September 21, 2022
Credit Rating Agency Cites Mexico’s ‘Lost Opportunity’ to Improve Pemex Financial Health

Credit Rating Agency Cites Mexico’s ‘Lost Opportunity’ to Improve Pemex Financial Health

Mexico may have missed a chance to shore up the finances of its heavily indebted state oil company Petróleos Mexicanos (Pemex), according to credit ratings analysts at Fitch Ratings Inc. “Elevated oil prices in 2022 were a lost opportunity to materially improve” Pemex’s standalone credit profile or SCP, said Fitch analysts Saverio Minervini and Carlos…

September 19, 2022
North Dakota Markets Record Natural Gas Volumes, Reports Three-Year Permitting High

North Dakota Markets Record Natural Gas Volumes, Reports Three-Year Permitting High

North Dakota posted a 1.5% month/month increase in natural gas production and a record high volume of gas captured in July, despite a 2.5% decline in oil output.  Natural gas production averaged 3.1 Bcf/d, of which 3 Bcf/d or 94% was captured and sent to market while the remaining 6% was flared off, according to…

September 19, 2022
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