Christopher joined NGI as a Senior Editor for Mexico and Latin America in November, 2018. Prior to that, he was a Senior Editorial Manager at BNamericas in Santiago, Chile. Based out of Santiago, he has covered Latin American energy markets since 2009 as a reporter, editor and analyst. He has an MA in International Economic Policy from Columbia University and a BA in International Studies from Trinity College.
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Articles from Christopher Lenton
Oilfield Services Firms Growing Revenues in Latin America as International Offshore Expands
The main three oilfield services firms see international exploration and production (E&P) companies increasing activity, in particular in the offshore, and despite a slowdown in North America. They all reported growth in their Latin American businesses. SLB Ltd. CEO Olivier Le Peuch said international offshore would drive the upstream industry through this decade. “Second quarter…
July 25, 2023
Argentina Sees Path Toward LNG Exports With Vaca Muerta Pipeline Online
Argentina’s natural gas pipeline offering additional takeaway capacity from the Vaca Muerta shale formation went into service earlier this month. The Gasoducto Presidente Néstor Kirchner pipeline was built in 10 months, “record time,” the Energy Secretariat said. Capacity on the pipeline is 25 million cubic meters/day (MMcm). The line stretches from the town of Tratayén…
July 25, 2023
SLB Sees International Offshore Resurgence, Natural Gas ‘Critical Fuel Source’ in Energy Security
SLB Ltd. expects the international offshore oil and natural gas industry to surge through this decade, CEO Olivier Le Peuch said Friday. The No. 1 oilfield services company saw its highest year/year revenue growth in three years in the second quarter of 2023, even amidst a cooling of activity in its North America exploration and…
July 21, 2023
North American Natural Gas Futures Rise on Heatwave; Mexico LNG Gets Boost — Spotlight
North American natural gas futures were sluggish this week, but they got a jolt on Thursday. The August New York Mercantile Exchange gas futures contract settled at $2.757/MMBtu, up 15.4 cents day/day. September was up 14.6 cents to $2.731. Analysts at NatGasWeather attributed the jump to “the weather data not backing off on one of…
July 20, 2023
Enterprise Adds More Natural Gas Capacity in Permian with Ramp Up at 300 MMcf/d Plant
Enterprise Product Partners LP has begun service at its Poseidon cryogenic natural gas processing plant in Glasscock County in West Texas. The company’s sixth plant in the Midland sub-basin has a nameplate capacity of 300 MMcf/d and can extract more than 40,000 b/d of natural gas liquids (NGL). Enterprise now is able to process 1.3…
July 19, 2023
EU, Japan Agree to Natural Gas Cooperation Amid Deep Structural Market Changes
The European Union (EU) and Japan, two of the world’s largest importers of natural gas, agreed this week to strengthen energy cooperation by establishing an EU-Japan energy security dialogue focused on global LNG flows. The partnership will work to improve global security of supply, transparency of markets and reduction of methane emissions in the liquefied…
July 19, 2023
With Key Vaca Muerta Natural Gas Pipeline Online, Argentina Eyes LNG Exports
Argentina’s natural gas pipeline offering additional takeaway capacity from the Vaca Muerta shale formation went into service earlier this month. The Gasoducto Presidente Néstor Kirchner pipeline was built in 10 months, “record time,” the Energy Secretariat said. Capacity on the pipeline is 25 Mm3/d. The line stretches from the town of Tratayén in Neuquén province…
July 17, 2023
U.S.-Mexico Energy Trade Hit All-Time High in 2022
Despite a call for energy sovereignty from the government of Mexico, interdependence with its northern neighbor in natural gas and oil has never been stronger. In 2022, energy trade between the United States and Mexico increased substantially from 2021, mainly because high commodity prices drove up the value of the trade, according to the U.S.…
July 6, 2023
U.S. Pipeline Flows to Mexico Still at Record Levels Amid Searing Heat – Spotlight
North American natural gas futures prices showed gains again this week as scorching temperatures lingered in the southern United States and northern Mexico. On Wednesday, July futures rolled off the board 16.0 cents lower at $2.603/MMBtu, a blip in the rally. August futures then took over as the prompt month on Thursday and climbed 3.3…
June 29, 2023
Mexico Advancing Development of Natural Gas Storage at Two Depleted Fields
Mexico is on the cusp of finally moving ahead on building underground natural gas storage capacity after years of inactivity. The country’s Centro Nacional de Control del Gas Natural (Cenagas), operator of the national Sistrangas pipeline network, has announced a tender would take place for the depleted Jaf dry gas field in Veracruz. Officials at…
June 27, 2023