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Andrew Baker

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.

Barclays Aiming for Net Zero Emissions by 2050, Portfolio Realignment to Start with Energy Sector

Barclays Aiming for Net Zero Emissions by 2050, Portfolio Realignment to Start with Energy Sector

Barclays plc on Monday announced its ambition to “become a net zero bank” by 2050 and a commitment to align all of its financing activities with the goals and timelines of the 2015 Paris climate accord.

April 2, 2020
Whiting Files for Chapter 11 Amid Pandemic, Price Rout

Whiting Files for Chapter 11 Amid Pandemic, Price Rout

Denver-based Whiting Petroleum Corp. has filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas, citing low oil prices and an uncertain outlook for the sector.

April 1, 2020
Energy Investors Said Demanding More Transparency on Climate Efforts

Energy Investors Said Demanding More Transparency on Climate Efforts

Three prominent oil and natural gas industry associations are calling on their member companies to adopt more rigorous and uniform standards to communicate their efforts to combat climate change to ensure access to capital from an increasingly climate-conscious financial sector.

April 1, 2020
Whiting Files for Chapter 11 Amid Pandemic, Price Rout

Whiting Files for Chapter 11 Amid Pandemic, Price Rout

Denver-based Whiting Petroleum Corp. has filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas, citing low oil prices and an uncertain outlook for the sector.

April 1, 2020
Energy Investors Said Demanding More Transparency on Climate Efforts

Energy Investors Said Demanding More Transparency on Climate Efforts

Three prominent oil and natural gas industry associations are calling on their member companies to adopt more rigorous and uniform standards to communicate their efforts to combat climate change to ensure access to capital from an increasingly climate-conscious financial sector.

April 1, 2020
Pemex Crude Export Volumes, Revenue Fall in February, but Worst Still to Come

Pemex Crude Export Volumes, Revenue Fall in February, but Worst Still to Come

Crude oil export volumes and revenues for Mexican state oil company Petróleos Mexicanos (Pemex) fell sharply on both a sequential and year/year (y/y) basis in February.

March 31, 2020
Pemex Crude Export Volumes, Revenue Fall in February, but Worst Still to Come

Pemex Crude Export Volumes, Revenue Fall in February, but Worst Still to Come

Crude oil export volumes and revenues for Mexican state oil company Petróleos Mexicanos (Pemex) fell sharply on both a sequential and year/year (y/y) basis in February.

March 31, 2020
Wyoming Governor Signs Oil, Natural Gas Tax Relief Bill Into Law

Wyoming Governor Signs Oil, Natural Gas Tax Relief Bill Into Law

Wyoming Gov. Mark Gordon on Friday signed into law a bill authorizing tax breaks for new oil and natural gas production “in specified price environments and for specific periods,” providing a bit of relief to producers struggling with market volatility caused by the coronavirus outbreak and a price war between Saudi Arabia and Russia.

March 30, 2020
Wyoming Governor Signs Oil, Natural Gas Tax Relief Bill Into Law

Wyoming Governor Signs Oil, Natural Gas Tax Relief Bill Into Law

Wyoming Gov. Mark Gordon on Friday signed into law a bill authorizing tax breaks for new oil and natural gas production “in specified price environments and for specific periods,” providing a bit of relief to producers struggling with market volatility caused by the coronavirus outbreak and a price war between Saudi Arabia and Russia.

March 30, 2020

Vitol Reports Increased Crude, LNG Volumes in 2019, Braces for 2020 Oversupply

Swiss commodities giant Vitol Inc. traded 8 million b/d of crude oil and products in 2019, an 8% year/year (y/y) increase, CEO Russell Hardy said Friday, noting that last year “now seems a very long time ago” amid the havoc wrought by 2020 on the global economy.

March 27, 2020