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 Natural Gas Production Up in June, Led by Quesqui, Ixachi Fields
Natural gas production in Mexico averaged 4.04 Bcf/d in June, up from 3.87 Bcf/d in the same month a year ago, according to the latest data from upstream regulator Comisión Nacional de Hidrocarburos (CNH). State oil company Petróleos Mexicanos (Pemex) supplied 3.8 Bcf/d of the total, up from 3.66 Bcf/d in the year-ago month. Production…
August 2, 2022
Oil, Natural Gas Industry Digesting Impact of Democrats’ Inflation Reduction Act
A $369 billion climate and energy spending package unveiled by Senate Democrats last week could impact the oil and gas industry on multiple fronts, namely with regard to leasing, royalty rates and methane emissions. Senate Majority Leader Chuck Schumer and fellow Democratic Sen. Joe Manchin announced an agreement late Wednesday to add the energy and…
August 2, 2022
Chevron Permian Drilling, Fracturing Efficiency Doubled in Four Years, Says Exec
The Permian Basin is driving U.S. oil and gas production growth for Chevron Corp., helped by low development costs, substantial efficiency improvements and low carbon intensity, management said Friday. CFO Pierre Breber and Executive Vice President of Upstream Jay Johnson hosted a conference call to discuss the San Ramon, CA-based major’s second quarter earnings. Amid…
July 29, 2022
Manchin Endorses $369B ‘All of the Above’ Energy, Climate Package, Including Methane Fee
Senate Majority Leader Chuck Schumer and fellow Democratic Sen. Joe Manchin agreed late Wednesday to add $369 billion in energy and climate provisions to a budget reconciliation bill scheduled for a vote next week. The proposed legislation, dubbed the Inflation Reduction Act of 2022, targets a roughly 40% reduction in greenhouse gas emissions by 2030,…
July 28, 2022
Sempra, Entergy Aiming to Shore Up Low-Carbon Energy Supply for Port Arthur LNG
Sempra Infrastructure said Tuesday it has signed a memorandum of understanding (MOU) with utility Entergy Texas Inc. to develop renewable energy capacity in Southeast Texas to serve Sempra’s Port Arthur LNG terminal and other projects in the area. The companies are aiming “to accelerate the deployment of new renewable energy generation resources and to increase…
July 27, 2022
Oil, Natural Gas Activity Creeping Upward in North Dakota as Labor Challenges Persist
Active drilling rigs, hydraulic fracturing crews and drilling permits all are creeping upward in North Dakota, though workforce challenges remain a hindrance to faster growth, the state’s top oil regulator said Tuesday (July 19). North Dakota had 42 active rigs as of Tuesday (July 19), which also was the monthly average for June. This is…
July 25, 2022
Crestwood Closes $600M Sendero Acquisition, Expanding Permian Delaware Midstream Presence
Crestwood Equity Partners LP has closed a previously announced series of transactions that include the acquisition of Permian Basin-focused Sendero Midstream Partners LP for $600 million. Crestwood also acquired the remaining 50% stake held by private equity firm First Reserve in Crestwood Permian Basin Holdings LLC (CPJV) for 11.3 million Crestwood shares valued at $320…
July 21, 2022
Natural Gas Rules Cited in USMCA Complaint Against Mexico
The U.S. government is escalating its response to Mexico’s energy policies under President Andrés Manuel López Obrador, alleging violation of the United States-Mexico-Canada Agreement (USMCA) and discriminatory treatment of U.S. energy companies. U.S. Trade Representative (USTR) Katherine Tai said Monday that her office is requesting dispute settlement consultations with Mexico under the free trade pact,…
July 20, 2022
Equinor Acquires US Battery Storage Firm with 4.1 GW Project Pipeline
Norway’s Equinor ASA has signed a deal to acquire U.S. battery storage developer East Point Energy LLC. Charlottesville, VA-based East Point has a 4.1 GW pipeline of early to mid-stage battery storage projects focused on the East Coast, and is eyeing additional growth opportunities, Equinor said. “The acquisition of East Point Energy represents Equinor’s entry…
July 20, 2022
Halliburton CEO Sees ‘Multi-Year Energy Upcycle’ Even if Economy Slows
A potential economic slump would be insufficient to correct the acute supply/demand imbalance currently facing the oil and natural gas markets, according to Halliburton Co. CEO Jeff Miller. Miller discussed the market outlook during the oilfield services (OFS) giant’s second-quarter earnings call Tuesday morning. The CEO noted that actions taken by central banks during the…
July 19, 2022