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.
Archive / Author
SubscribeAndrew Baker
Articles from Andrew Baker
U.S. Oil, Natural Gas Trade Groups Warn Proposed Methane Tax Could Backfire
Nearly 130 business and labor groups led by the American Petroleum Institute (API) are urging Congress to oppose a proposed tax on oil and gas methane emissions and instead push for direct federal regulation. Senate Democrats are considering the Methane Emissions Reduction Act of 2021 for inclusion in their $3.5 trillion budget reconciliation bill. Introduced…
September 10, 2021
‘Violent Price Upside’ Potential Seen for Winter Natural Gas Prices
Recent market tightness could herald “violent price upside” for U.S. natural gas this winter if temperatures are colder than average, according to analysts at Goldman Sachs Commodities Research. In a recent note to clients, Goldman analysts led by Samantha Dart, Damien Courvalin and Huan Wei said bullish Energy Information Administration (EIA) storage data and strong…
September 9, 2021
Mexico Courting Firms to Build Natural Gas Pipeline, FLNG Terminal
Mexico’s CFEnergía (CFE) is seeking formal expressions of interest from private sector firms to build and operate a natural gas pipeline and floating liquefied natural gas (FLNG) terminal. The 500 MMcf/d pipeline would span from Chinameca, Veracruz, to Salina Cruz, Oaxaca, supplying gas to a 430 MMcf/d or 3 million metric tons/year (mmty) FLNG terminal…
September 9, 2021
LNG Buyers Negotiating 22 MMTY from Mexico Pacific Terminal as Asia Prices Soar
Interest from Asian buyers in liquefied natural gas (LNG) exports from Mexico’s Pacific Coast has reached a full-blown frenzy amid soaring natural gas prices and demand, according to Mexico Pacific Limited LLC (MPL) CEO Doug Shanda. Shanda spoke with NGI’s Mexico GPI about the firm’s LNG export terminal planned for Puerto Libertad in Sonora state.…
September 8, 2021
Wyoming Groups Aiming to Speed Up Resumption of Federal Oil, Natural Gas Leasing
Wyoming’s two main oil and gas trade groups are seeking to expedite the resumption of oil and gas leases on federal property by the Department of the Interior (DOI). In a merits brief filed Aug. 30 in Wyoming District Court, the Western Energy Alliance and the Petroleum Association of Wyoming (PAW) allege that DOI is…
September 8, 2021
Mitsubishi, Citigroup Aiming to Build ‘Hub-and-Spoke’ Hydrogen Network in North America
Mitsubishi Power Americas Inc. is on a mission to build out a “hub-and-spoke” network of infrastructure to produce, transport and store low-carbon hydrogen in North America, CEO Paul Browning said recently. The company’s large-scale hydrogen partnerships include what it touted as the largest green energy storage project and the largest blue hydrogen project in North…
September 7, 2021
Southwestern Taking Another Crack at Haynesville with $2.7B Indigo Acquisition Closure
Southwestern Energy Co. has completed its $2.7 billion takeover of Haynesville Shale pure-play Indigo Natural Resources LLC. The deal completed last Wednesday gives Southwestern a sizable footprint in the resurgent Louisiana play, improving the firm’s access to Gulf Coast liquefied natural gas (LNG) export markets. “This acquisition materially expands our opportunity set, adding high-margin Haynesville…
September 7, 2021
Southwestern Completes $2.7B Indigo Takeover as Haynesville Interest Heats Up
Southwestern Energy Co. has completed its $2.7 billion takeover of Haynesville Shale pure-play Indigo Natural Resources LLC. The deal completed Wednesday gives Southwestern a sizable footprint in the resurgent Louisiana play, improving the firm’s access to Gulf Coast liquefied natural gas (LNG) export markets. “This acquisition materially expands our opportunity set, adding high-margin Haynesville production…
September 2, 2021
Mexico’s Pemex Falling Short of Production Targets at Flagship Natural Gas Fields
Mexico’s highly touted Ixachi and Quesqui natural gas fields are producing below their stated targets amid historically high natural gas prices, according to the latest data from upstream regulator Comisión Nacional de Hidrocarburos (CNH). Discovered in 2017 by state oil company Petróleos Mexicanos (Pemex), Ixachi had been forecasted to reach peak production of 638.5 MMcf/d…
September 2, 2021
Fitch Raises Henry Hub, Euro Natural Gas Price Assumptions on Resurgent Demand, Supply Challenges
Fitch Ratings Inc. has substantially raised its Henry Hub and European natural gas price assumptions through 2022, citing “strong year-to-date prices, recovering demand and supply challenges.” “U.S. gas prices have…benefited from heightened weather-driven demand, as well as U.S. dry and associated gas production discipline,” the credit ratings analysts said, adding that liquefied natural gas (LNG)…
September 2, 2021