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
TC Energy Sees North American LNG Exports Swelling 90% by 2030
TC Energy Corp. now expects liquefied natural gas (LNG) exports from North America to reach 25 Bcf/d by 2030, up more than 90% from current levels, according to CEO Francois Poirier. “While the world confronts a serious geopolitical shift, a transition to cleaner energy that also meets the world’s demand is still required,” Poirier said…
May 3, 2022
Antero Betting on Bullish ‘Structural Shift’ in Natural Gas Prices
Appalachian Basin pure-play Antero Resources Co. is betting on continued high natural gas prices, driven by a “structural shift” in the relationship between U.S. prices and storage levels, CEO Paul Rady said Thursday. “The primary driver behind this shift is the supply side,” Rady told analysts during a call to discuss first quarter earnings. He…
April 29, 2022
Ideal Lending Conditions Forecast for U.S. E&Ps, but Can They Take Full Advantage?
U.S. oil and natural gas producers should expect substantially increased lending limits this spring amid continued buoyancy in commodity prices, according to the latest Borrowing Base Redeterminations Survey conducted by Haynes and Boone LLP. The question, however, is the extent to which exploration and production (E&P) companies can take advantage of favorable pricing and lending…
April 28, 2022
As Europe Calls on US LNG, Industry Group Urges Global Methane Emissions Standard
A group of more than 50 natural gas companies responsible for a sizable chunk of U.S. supply is urging the White House and European Commission to develop a unified global standard for directly measuring methane emissions from the wellhead to the burner tip. Our Nation’s Energy Future, aka ONE Future, comprises companies throughout the natural…
April 28, 2022
Mexico’s Private Sector Oil, Natural Gas Production Rising Steadily
Natural gas production in Mexico averaged 4.05 Bcf/d in March, up from 3.84 Bcf/d in the same month a year ago. State oil company Petróleos Mexicanos (Pemex) supplied 3.81 Bcf/d of the total, versus 3.64 Bcf/d in March 2021, according to the latest data from upstream regulator Comisión Nacional de Hidrocarburos (CNH) Production by private…
April 27, 2022
White House Strengthens NEPA as Oil, Gas Industry Warns of Project Delays
The White House on Tuesday restored three core elements of the National Environmental Policy Act (NEPA) that had been rolled back under the Trump administration, heralding tighter environmental scrutiny for energy projects during the federal review process. “The specific changes made by today’s ‘Phase 1’ rule restore longstanding provisions that were modified for the first…
April 26, 2022
Halliburton, Schlumberger, Baker Hughes Report ‘Widespread’ Growth Across Latin America
Business is booming for Latin America’s upstream oil and gas segment, according to the world’s three leading oilfield services providers. The management teams of Halliburton Co., Baker Hughes Co. and Schlumberger Ltd. each reported strong year/year growth in the region during their respective first quarter earnings calls, and indicated they expect the trend to continue. …
April 25, 2022
Kinder Morgan to Expand Natural Gas Compression as Permian Takeaway Constraints Loom
Kinder Morgan Inc. (KMI) is planning compression expansions on its Permian Highway Pipeline (PHP) and Gulf Coast Express (GCX) natural gas pipelines in order to alleviate takeaway constraints in the Permian Basin expected to mount by 2023. “Combined, the two expansions can add 1.2 Bcf per day of capacity out of the Permian,” CEO Steven…
April 25, 2022
Bakken Challenged by Labor Shortages, while Federal Auction Set for June
The Department of the Interior’s (DOI) Bureau of Land Management (BLM) plans to hold a lease sale on June 28 for 23 federally owned parcels spanning nearly 3,406 acres in Montana and North Dakota. The sale notice issued by BLM’s Montana/Dakotas state office is part of a larger plan announced at the federal level to…
April 22, 2022
Kinder Morgan Eyeing 1.2 Bcf/d in Permian Natural Gas Takeaway Expansions
Kinder Morgan Inc. (KMI) is planning compression expansions on its Permian Highway Pipeline (PHP) and Gulf Coast Express (GCX) natural gas pipelines in order to alleviate takeaway constraints in the Permian Basin expected to mount by 2023. “Combined, the two expansions can add 1.2 Bcf per day of capacity out of the Permian,” CEO Steven…
April 21, 2022