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.
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NGI The Weekly Gas Market Report
Oxy Floats ‘Poison Pill’ in Bid to Dilute Icahn Stake
The Occidental Petroleum Corp. (Oxy) board on Friday adopted a limited duration stockholders rights plan, known commonly as a “poison pill,” in an effort to dilute activist billionaire shareholder Carl Icahn’s growing stake in the Houston-based independent.
March 16, 2020
Talos Cuts Capex, Still Aiming for 2020 FID at Zama Discovery Offshore Mexico
Talos Energy Inc. is still targeting a final investment decision (FID) in 2020 at its Zama oil discovery offshore Mexico, CEO Timothy Duncan said Thursday, despite pending questions surrounding the ultimate ownership split of production from the deposit.
March 12, 2020
NGI The Weekly Gas Market Report
Talos CEO Forecasts Positive FCF at $30 Oil, Says Trimming Capex by $125M
Houston-based Talos Energy Inc. expects to generate positive free cash flow (FCF) in 2020 despite the current dismal outlook for West Texas Intermediate (WTI) oil prices, CEO Timothy Duncan said Thursday.
March 12, 2020
NGI The Weekly Gas Market Report
Natural Gas, Power Utilities Brace for Coronavirus Spread
Natural gas and electric power utilities across the United States braced for the continued spread of the Covid-19 novel coronavirus disease on Wednesday, as the World Health Organization officially called the disease a pandemic for the first time and the number of documented cases in the United States surpassed 1,000.
March 11, 2020
NGI The Weekly Gas Market Report
Coronavirus, Oil Price War Worsen Already Shaky Outlook for Mexico’s Pemex
Simultaneous supply and demand shocks currently wreaking havoc on global oil markets have worsened an already precarious outlook for Mexico’s national oil company, Petróleos Mexicanos (Pemex).
March 10, 2020
WPX Closes Felix Acquisition, Adding 60,000 boe/d of Permian Output
WPX Energy, Inc. has closed its $2.5 billion acquisition of fellow Permian independent Felix Energy LLC, WPX said Friday.
March 9, 2020
Amid Oilsands Scrutiny, Canadian Natural Exec Lauds ‘Impressive Results’ On Emissions Intensity in Alberta
As Alberta oilsands producers face increasing scrutiny over the greenhouse gas (GHG) emissions intensity of their operations, Calgary-based Canadian Natural Resources Ltd. is leading efforts to make exploration and production (E&P) in the province more sustainable, management said Thursday.
March 6, 2020
4Q2019 Earnings: Goodrich Well Hedged Against Low Natural Gas Prices, CEO Says
Haynesville Shale pure play Goodrich Petroleum Corp. is well positioned relative to its peers to withstand low natural gas prices and general market uncertainty, company executives said Thursday.
March 6, 2020
NGI The Weekly Gas Market Report
Mexico Oil, Natural Gas Production Now Coming from 22 Companies
A total of 22 companies are now producing oil and natural gas in Mexico, with another two expected to join the list in 2020, according to local oil and gas association Amexhi.
March 4, 2020
CenterPoint Unveils Plan to Reduce GHG Emissions across Eight-State Footprint
Houston-based natural gas and electric utility CenterPoint Energy on Monday unveiled a plan to reduce operational greenhouse gas (GHG) emissions by 70% by 2035, in comparison to 2005 levels.
March 4, 2020