Christopher Lenton

Upstream oil and natural gas employment in Texas grew in September by 900 jobs from August, according to the Texas Workforce Commission. Since an employment slump in September last year, the industry has added 45,900 upstream jobs in the state, averaging growth of 1,913 jobs/month. At 202,900 upstream jobs, September jobs were up by 34,900,…

Stubbornly robust U.S. natural gas production and warmer weather has meant that storage inventories in the United States are filling up fast. In the South Central region north of Mexico, natural gas storage inventories are almost back to within five-year average levels. On Thursday, U.S. Energy Information Administration (EIA) data showed that the South Central…

Latin America doesn’t have any offshore wind today, but that could change soon as the region tries to build out a hydrogen industry. Off-grid green hydrogen projects should spur Latin America to a sharp increase in offshore wind projects, with capacity reaching 34 GW by 2050, according to analysis from Wood Mackenzie. Offshore wind activity…

Harold Hamm, the billionaire executive chairman of Continental Resources Inc., is set to take the largest Bakken Shale producer private with a new deal announced Monday. The Oklahoma City-based public explorer entered into an agreement with Omega Acquisition Inc., an Oklahoma subsidiary owned by Hamm, to begin a tender offer for the company’s outstanding common…

Mexico’s Sistrangas pipeline operator Cenagas declared restrictions on the network because of inadequate operating conditions, citing reduced flows at the northern Ramones injection point. The restrictions went into place earlier this week and will continue until further notice. Users have been asked to stick to their programmed nominations. Gadex consultant Eduardo Prud’homme told NGI’s Mexico…

Infrastructure developer and investor Glenfarne Group LLC has created Glenfarne Energy Transition LLC (GET), focused on high-growth emerging markets and energy solutions, renewable power and grid stability. “GET believes that the world needs to adopt renewables at an accelerating rate to fight climate change and achieve energy security, but economies globally lack sufficient grid stability…

Since Russia’s unprovoked invasion of Ukraine, countries around the world are shifting their priorities toward energy affordability, according to a group of experts who spoke in New York City on Wednesday. The last 10 months have brought the issues of energy security, climate change and affordability “into contention,” according to Fahad Alajlan, president of Saudi…

At the end of August, Henry Hub prices surged past $10 following a meteoric rise in natural gas benchmarks in Europe and amid soaring U.S. demand. On Wednesday, the Nymex November gas futures contract settled at $6.930/MMBtu, up 9.3 cents day/day. December futures climbed 6.2 cents to $7.236. NGI’s U.S. Spot Gas National Avg. picked…

Mexico, the United States and Canada continue to work through their trade policy differences as the world’s energy supply becomes an increasing piece of geopolitical gamesmanship. It has been 75 days since U.S. Trade Representative (USTR) Katherine Tai announced that her office was requesting dispute settlement consultations with Mexico centered around energy. Under rules of…