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
Associated Natural Gas a Gift – and a Curse – for North Dakota Oil Producers
North Dakota energy regulators expect a modest uptick in Bakken Shale oil production this year, though challenges persist around managing the immense volumes of liquids-rich natural gas extracted as a byproduct. A case in point was the deep freeze on Wednesday (Jan. 17), which shut in about 700,000 b/d of oil and 2 Bcf/d of…
January 22, 2024
OFS Jobs in U.S. Dip Slightly, but Outlook Said Healthy
Oilfield services (OFS) employment in the United States slowed a bit in December versus November, dropping by 941 jobs, according to an analysis of government data by the Energy Workforce & Technology Council. The trade association represents more than 650,000 U.S. jobs in the energy value chain. During the month, job availability across the sector…
January 19, 2024
How Does the EPA Methane Fee Affect Natural Gas and Oil Companies?
Oil and natural gas industry groups expressed disappointment with a long-anticipated proposal published this month by the Environmental Protection Agency (EPA) to place a fee on excess methane emissions from large oil and gas operations. The waste emissions charge (WEC) or methane fee is mandated by the Inflation Reduction Act (IRA) of 2022, President Biden’s…
January 18, 2024
Canada’s Tourmaline Touts JKM, TTF Exposure in Supply Deals with Trafigura
Canada’s largest natural gas producer, Tourmaline Oil Corp., said it has increased its exposure to global LNG pricing through two agreements to supply gas to units of commodity trading giant Trafigura Group Pte. Ltd. The first deal is a netback agreement linked to the Japan-Korea Marker (JKM). The deal is based on 62,500 MMBtu/d, or…
January 17, 2024
Natural Gas Futures, Spot Prices Plunge as Weather Models Point to Warm-up After Arctic Blast
Natural gas futures sank below $3.000/MMBtu on Tuesday as markets looked past the immediate brutal cold to an expected warm-up in temperatures next week as indicated by increased confidence in weather models. At A Glance: Brutal cold to last into weekend Production drops to 92.4 Bcf/d NGI models 165 Bcf draw The February Nymex natural…
January 16, 2024
Kansas City Fed Survey Shows Softened Natural Gas Price Outlook, Fourth Straight Activity Decline
Oil and gas executives in the Rocky Mountain and Midcontinent regions no longer expect the Henry Hub natural gas price to surpass $4/MMBtu at any point in the next five years, according to the Federal Reserve Bank of Kansas City. The Kansas City Fed conducts quarterly surveys to gauge current and expected drilling activity in…
January 16, 2024
U.S. Oil, Natural Gas Industry Aiming to ‘Dismantle Policy Threats’ as Election Nears
The U.S. oil and gas industry is urging policymakers to support LNG exports, permitting reform for energy infrastructure, and increased leasing in federal lands and waters. The sector’s most prominent lobbying group, the American Petroleum Institute (API), laid out its policy priorities during a recent industry event and subsequent call with reporters. As the industry…
January 12, 2024
Fort Worth Hotel Explosion Likely Caused by Natural Gas Leak, Injures 21
An explosion Monday afternoon at a historic hotel in downtown Fort Worth, TX, which preliminary reports said was caused by natural gas, injured at least 21 people, but no fatalities had been reported as of early Tuesday, authorities said. The blast occurred at the Sandman Hotel in the heart of the business district downtown. Multiple…
January 9, 2024
LNG, Mexico Exports Driving South Texas Natural Gas Demand Growth
LNG and Mexico exports are expected to underpin U.S. natural gas demand growth over the coming years, with the Agua Dulce hub in South Texas playing a critical supply role. In turn, both markets are building out infrastructure to ensure access to molecules and capacity in an increasingly competitive and globalized gas market. “Feed gas…
January 9, 2024
Pemex Aiming to Ramp Up Refining, Fertilizer Production in AMLO’s Final Year
Mexico’s state oil company Petróleos Mexicanos (Pemex) plans to substantially increase downstream production of refined products and fertilizer this year, according to CEO Octavio Romero Oropeza. Romero did not offer projections for upstream oil and natural gas production during a presentation on Thursday (Jan. 4) at President Andrés Manuel López Obrador’s morning press conference. This…
January 8, 2024