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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.

As Prompt-Month Henry Hub Surpasses $4, North American Gas Buyers Say Price Surge a Mixed Bag

As Prompt-Month Henry Hub Surpasses $4, North American Gas Buyers Say Price Surge a Mixed Bag

Changes in regional and global natural gas pricing, along with the transition to low-carbon energy, are creating challenges and opportunities for large natural gas buyers in North America, a panel of experts agreed Wednesday (July 21). The discussion at the LDC Gas Forums-Northeast event in Boston came a day before prompt-month Henry Hub prices surpassed…

July 23, 2021
Mexico Demand Helping Drive U.S. Natural Gas Price Rally

Mexico Demand Helping Drive U.S. Natural Gas Price Rally

U.S. natural gas demand and prices are “off to the races,” driven by a convergence of supply and demand-related factors as the world emerges from Covid-19, IHS Markit’s Jack Weixel, senior director, said Monday. Liquefied natural gas (LNG) exports to the global market, pipeline exports to Mexico and capital discipline by upstream producers all have…

July 21, 2021
BP Delivers its First Carbon Offset LNG to Mexico

BP Delivers its First Carbon Offset LNG to Mexico

Mexico received its first cargo of carbon offset liquefied natural gas (LNG) last week, according to BP plc and Sempra.  Subsidiaries of the firms inked a contract for delivery of the cargo to Sempra’s Energía Costa Azul (ECA) terminal on Mexico’s Pacific Coast. It was expected to arrive last Friday (July 16). Greenhouse gas (GHG)…

July 20, 2021
U.S. Natural Gas ‘Off to the Races’ on Strong LNG, Mexico Demand and Producer Discipline

U.S. Natural Gas ‘Off to the Races’ on Strong LNG, Mexico Demand and Producer Discipline

U.S. natural gas demand and prices are “off to the races,” driven by a convergence of supply and demand-related factors as the world emerges from Covid-19, IHS Markit’s Jack Weixel, senior director, said Monday. Liquefied natural gas (LNG) exports to the global market, pipeline exports to Mexico, and capital discipline by upstream producers all have…

July 19, 2021
Sempra, BP Procure Mexico’s First Carbon Offset LNG Cargo

Sempra, BP Procure Mexico’s First Carbon Offset LNG Cargo

Mexico was set to receive its first cargo of carbon offset liquefied natural gas on Friday (July 16), according to a Thursday announcement by BP plc and Sempra.  Subsidiaries of the firms inked a contract for delivery of the cargo to Sempra’s Energía Costa Azul (ECA) terminal on Mexico’s Pacific Coast. Greenhouse gas (GHG) emissions…

July 19, 2021
Pemex Intervention Could Harm Mexico LPG Market, Experts Warn

Pemex Intervention Could Harm Mexico LPG Market, Experts Warn

Plans for Mexico’s state oil company Petróleos Mexicanos (Pemex) to enter the retail liquefied petroleum gas (LPG) business bode poorly for competition, consumers and the company itself, according to local energy sector stakeholders. President Andrés Manuel López Obrador announced last week that Pemex would launch a subsidiary called “Gas Bienestar” or “Gas Wellbeing” within three…

July 14, 2021
Chesapeake to Certify Haynesville, Appalachia Natural Gas Production as Responsibly Sourced

Chesapeake to Certify Haynesville, Appalachia Natural Gas Production as Responsibly Sourced

Chesapeake Energy Corp. said Wednesday it is partnering with nonprofits MiQ and Equitable Origin to certify its Lower 48 natural gas production as responsibly sourced under a rigorous set of environmental, social and governance (ESG) criteria. Oklahoma City-based Chesapeake said it would be “the first company to independently certify and continuously monitor its natural gas…

July 14, 2021
NGL Energy Gauging Interest in DJ Basin-to-Cushing Oil Transport Capacity on Grand Mesa Pipeline

NGL Energy Gauging Interest in DJ Basin-to-Cushing Oil Transport Capacity on Grand Mesa Pipeline

NGL Energy Partners LP on Friday launched a binding open season lasting through Aug. 9 for transport capacity on its 550-mile Grand Mesa Pipeline LLC crude oil conduit. From its starting point in Weld County, CO, Grand Mesa connects oil supply from the Denver-Julesburg Basin with the NGL Crude Cushing LLC storage terminal at Cushing,…

July 9, 2021
PE-Backed WildFire Energy Acquiring Eagle Ford Pure-Play Hawkwood in $650M Deal

PE-Backed WildFire Energy Acquiring Eagle Ford Pure-Play Hawkwood in $650M Deal

Eagle Ford pure-play Hawkwood Energy LLC is set to be acquired by private equity-backed platform WildFire Energy I LLC, the firms announced Thursday. The transaction, slated to close in the third quarter, values Denver-based Hawkwood at about $650 million.  Hawkwood’s liquids-weighted gross production currently stands at about 15,000 boe/d, spanning 160,000 net acres in the…

July 9, 2021
Permian Pure-Play Laredo Revising 2021 Capex Upward, Raising Analyst Eyebrows

Permian Pure-Play Laredo Revising 2021 Capex Upward, Raising Analyst Eyebrows

Permian Basin producer Laredo Petroleum Inc. has revised its 2021 capital expenditure (capex) guidance upward following its acquisition of Sabalo Energy LLC’s assets in Howard County, TX, for roughly $715 million. Laredo now expects capex to total $420 million from previous guidance of $360 million, management said Thursday in an update. “As we integrate Sabalo’s…

July 8, 2021
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