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 Exec Sees Yucatan Demand, Pacific LNG Exports Driving Mexico Natural Gas Growth
TC Energy Corp. sees Yucatán Peninsula demand and liquefied natural gas (LNG) exports as possible catalysts for expanding its natural gas network in Mexico, said TC’s Stan Chapman, president of U.S. and Mexico natural gas pipelines. During TC’s May 7 conference call to discuss first quarter earnings, Chapman said the firm’s primary focus in Mexico…
May 12, 2021
EOG Says No Oil Production Growth Until Market Demands It
Market fundamentals, not commodity prices, will determine whether EOG Resources Inc. decides to increase oil production over the coming months, executives said during the recent first quarter conference call. The Houston-based independent plans to maintain production at around 440,000 b/d until demand has recovered to above pre-Covid levels and U.S. crude inventories are below the…
May 11, 2021
Mexico Escalating ‘Discriminatory’ Actions Against U.S. Energy Companies, says API
The American Petroleum Institute (API) on Friday told the Biden administration that unfair treatment of U.S. energy companies by Mexico’s government is worsening and is likely in violation of the U.S.-Mexico-Canada-Agreement (USMCA). In a letter to cabinet officials, API CEO Mike Sommers alleged an intensifying pattern of nationalist regulatory and legislative reforms under Mexico’s firebrand…
May 10, 2021
Goodrich Ramping Haynesville Natural Gas Production on High Prices, Productive Wells
Goodrich Petroleum Corp. plans to ramp up natural gas production in the resurgent Haynesville Shale this year, citing strong commodity pricing and high productivity from recently completed wells in northwestern Louisiana. “The core of the Haynesville continues to offer low development and lifting costs, top-tier cash margins and returns on invested capital, as well as…
May 7, 2021
ECA LNG Export Project Remains Top Priority for IEnova
Infraestructura Energética Nova (IEnova) reported growth in volumes and revenue from its natural gas business in Mexico during the first quarter and expects the trend to continue, management said during an earnings call last week. CEO Tania Ortiz Mena told analysts that the Energía Costa Azul (ECA) liquefied natural gas (LNG) export project in Baja…
May 7, 2021
Continental Pivoting to Oil-Weighted Bakken, SCOOP as Market Rebalances
Continental Resources Inc. plans to pivot from natural gas to oil-directed drilling in the latter half of 2021 in response to strengthening crude prices and a tighter supply-demand balance. Drilling in 2021 is to be mainly focused on the South Central Oklahoma Oil Province (SCOOP) and the mighty Bakken Shale of North Dakota, management said…
May 5, 2021
IEnova Reports Growth in Mexico Natural Gas Business as Fundamentals Remain Strong
Infraestructura Energética Nova (IEnova) reported growth in volumes and revenue from its natural gas business in Mexico during the first quarter and expects the trend to continue, management said during an earnings call last week. CEO Tania Ortiz Mena told analysts last Thursday that the Energía Costa Azul (ECA) liquefied natural gas (LNG) export project…
May 4, 2021
Piñon Midstream Building 85 MMcf/d Sour Gas Treatment, Carbon Capture Facility in Permian Delaware
Piñon Midstream LLC has begun construction of a sour gas treating and carbon capture facility in Lea County, NM, that when completed in July would have capacity to treat about 85 MMcf/d of Permian Basin natural gas. The plant, dubbed the Dark Horse Facility, would treat gas produced in the Permian’s Delaware sub-basin. The project…
May 3, 2021
Vitol Acquiring Hunt Oil Permian Assets, Citing Bright Future for Lower 48
Vencer Energy LLC, the upstream subsidiary of global commodities trading giant Vitol, said Friday it has agreed to acquire Hunt Oil Co.’s assets in the Permian Midland Basin for an undisclosed sum. The assets comprise 44,000 acres across five counties with current daily production of about 40,000 boe/d, said Geneva, Switzerland-based Vitol. The acquisition “realizes…
April 30, 2021
Mexico’s AMLO Says Oil Central to Climate Commitments as Pemex ESG Strategy Questioned
Mexico’s president Andrés Manuel López Obrador cited oil production, hydroelectricity and a tree-planting program as pillars of his country’s climate strategy during the Leaders Summit on Climate organized by the White House. In contrast to his fellow world leaders, López Obrador made no mention of specific emissions targets, nor did he mention wind and solar…
April 28, 2021