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
Sitio, Brigham in $4.8B Merger to Create Largest Publicly Traded Mineral, Royalty Company
Sitio Royalties Corp. and Brigham Minerals Inc. said Tuesday they have agreed to merge in a roughly $4.8 billion, all-stock transaction. The combined firm would be the largest publicly traded mineral and royalty company in the United States, according to Sitio and Brigham. The plan is to focus on industry consolidation across diverse operators and…
Maine Supreme Court Revives New England Transmission Project Deemed Vital to Energy Transition
The Maine Supreme Judicial Court delivered a victory on Tuesday for advocates of a transmission line that would connect renewable hydropower supply in Quebec with demand in New England. Fifty-nine percent of Maine voters had effectively voted down the New England Clean Energy Connect (NECEC) project via a referendum dubbed Question 1 in November 2021.…
Newly Formed Permian Resources Now the Largest Permian Delaware Pure-Play, CEOs Say
Centennial Resource Development Inc. and Colgate Energy Partners III LLC have completed a roughly $7 billion merger to create publicly traded exploration and production (E&P) firm Permian Resources Corp. Executives said the Midland, TX-based independent is now the largest pure-play E&P in the Permian’s Delaware sub-basin, citing a “deep inventory of high-quality drilling locations” on…
Mexico Environmental Groups Call for Tighter Scrutiny of Proposed $4.5B Natural Gas Pipeline
Green groups in Mexico are urging regulators to throw out two environmental impact statements submitted by TC Energy Corp. for the proposed Southeast Gateway offshore natural gas pipeline. The 1.3 Bcf/d, $4.5 billion conduit is meant to shore up gas supply in central and southeast Mexico, including to state oil company Petróleos Mexicanos’ (Pemex) Olmeca…
West Texas Natural Gas Increasingly Flowing to Mexico
U.S. natural gas exports to Mexico via West Texas are once again heading upward this year, according to analysis by the U.S. Energy Information Administration (EIA). Exports from West Texas “have grown steadily in recent years, doubling from 0.6 Bcf/d in 2019 to 1.2 Bcf/d in 2021 as more connecting pipelines in Central and Southwest…
Inflation Reduction Act Seen Vastly Improving CCUS Economics for Natural Gas Power Plants
The Inflation Reduction Act of 2022 (IRA) could more than double the amount of carbon dioxide (CO2) emissions that can economically be abated via carbon capture, storage and utilization (CCUS), according to modeling by Enverus. Natural gas-fired power plants, oil refineries and upgraders, as well as cement production, are among the emitting sources that would…
Natural Gas Futures Rise Ahead of Storage Inventory Report; California Cash Plunges
After some back and forth early in Wednesday’s trading session, natural gas futures landed in the green amid a continued pull on gas for power generation. Aided by continued supply worries in Europe that have fueled record gas prices on the continent, the September Nymex gas futures contract settled at $9.330/MMBtu, up 13.7 cents from…
Mexico’s Natural Gas Production Rises for Third Straight Month as Oil Dips
Mexico’s natural gas production averaged 4.1 Bcf/d in July, up from 4.04 Bcf/d in June and 3.86 Bcf/d in July 2021, according to the latest figures from upstream regulator Comisión Nacional de Hidrocarburos (CNH). The figure represents the third straight sequential increase for monthly gas output in the country. State oil company Petróleos Mexicanos (Pemex)…
Brigham Snaps Up Permian Mineral, Royalty Package for $132M
Brigham Minerals Inc. has agreed to acquire a package of mineral and royalty interests in the Permian Basin from funds managed by Avant Natural Resources LLC for about $132.5 million. The assets in West Texas span roughly 3,900 net royalty acres in the Midland sub-basin in Martin and Midland counties. The acreage is being developed…
West Texas Natural Gas Exports to Mexico Growing Steadily
U.S. natural gas exports to Mexico via West Texas are once again heading upward this year, according to analysis by the U.S. Energy Information Administration (EIA). Exports from West Texas “have grown steadily in recent years, doubling from 0.6 Bcf/d in 2019 to 1.2 Bcf/d in 2021 as more connecting pipelines in Central and Southwest…