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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Articles from Andrew Baker

Mexico’s Pemex to Invest $2B to Reduce Methane Pollution Amid Growing Concern Over Emissions
Mexico’s state oil company Petróleos Mexicanos (Pemex) plans to invest $2 billion to reduce upstream methane emissions by up to 98%, Mexico’s president Andrés Manuel López Obrador said Friday. The investment is one of 10 actions Mexico is undertaking to fight climate change, the president said in a video address to the Major Economies Forum…

GOM Natural Gas Production Seen Falling for Fourth Straight Year in 2023
Natural gas production in the U.S. Gulf of Mexico (GOM) is expected to decline for a fourth straight year in 2023, according to Energy Information Administration (EIA) analysts. GOM gas output is forecast to average 2.1 Bcf/d in 2023, down 0.1 Bcf/d from the expected total in 2022, said EIA analysts James Easton, Kirby Lawrence…

Mexico’s AMLO Pledges $2B to Curb Pemex Methane Leaks as ESG Concerns Mount
Mexico’s state oil company Petróleos Mexicanos (Pemex) plans to invest $2 billion to reduce upstream methane emissions by up to 98%, Mexico’s president Andrés Manuel López Obrador said Friday. The investment is one of 10 actions Mexico is undertaking to fight climate change, the president said in a video address to the Major Economies Forum…

Double Eagle Targeting ‘Very Large’ Permian Acquisitions with $1.7B PE Commitment
Double Eagle Energy has secured private equity (PE) funding of $1.7 billion-plus to pursue upstream opportunities in the Permian Basin through two new entities. In partnership with EnCap Investments LP, Double Eagle has formed Double Eagle Energy Holdings IV LLC and Tumbleweed Royalty IV LLC. The plan is for Double Eagle IV to invest in…

API Calls on Biden Administration to Fast-Track LNG Export Approvals
The American Petroleum Institute (API) has put forth a 10-point policy plan it wants the Biden administration to adopt to promote U.S. oil and natural gas production – and ease the global energy crisis. “As energy costs and geopolitical instability around the world continue to rise, API is calling on policymakers to confront the global…

Magnum, Mitsubishi Looking to Build World-Class Green Hydrogen Hub in Utah
Magnum Development LLC and Mitsubishi Power Americas Inc. have secured a $504 million loan guarantee from the U.S. Department of Energy (DOE) to develop what could be the world’s largest industrial green hydrogen hub in Delta, UT. The loan is DOE’s first in more than 10 years for a renewable energy project, Mitsubishi Power said.…

North Dakota Regulator Sees Growing Incentive for Public E&Ps to Go Private
News that Continental Resources Inc. may be taken private should come as no surprise, according to North Dakota’s top oil and gas regulator. Continental is the largest producer in the oily Bakken Shale, which accounts for 96% of the state’s production. Executive Chairman Harold Hamm announced he is seeking to purchase all outstanding shares in…

Biden Urged by Industry to Speed Up LNG Exports, Streamline Natural Gas Permitting
The American Petroleum Institute (API) has put forth a 10-point policy plan it wants the Biden administration to adopt to promote U.S. oil and natural gas production – and ease the global energy crisis. “As energy costs and geopolitical instability around the world continue to rise, API is calling on policymakers to confront the global…

Continental’s Hamm Wants to Go Private in $4.4B Share Repurchase
Harold Hamm, the billionaire executive chairman of Continental Resources Inc., has put forth a nonbinding proposal to acquire for cash all outstanding common shares at a 9% premium to Monday’s closing price to take the largest Bakken Shale producer private. At Hamm’s offer price of $70.00/share, the outstanding shares would be valued at about $4.4…

Mexico’s AMLO Aiming for 500 MMcf/d Jaltipan-Salina Cruz Pipeline To Be Built Within a Year
Mexico’s president said Saturday he hopes for construction of the Jaltipán-Salina Cruz natural gas pipeline to be complete within a year at the most. The proposed 500 MMcf/d pipeline would span the Tehuantepec Isthmus, from Chinameca, Veracruz, to Salina Cruz, Oaxaca, where the government is planning a 3 million metric tons/year floating liquefied natural gas…