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
Natural Gas Futures Still Hot as Summer Temperatures Pummel North America – Mexico Spotlight
North American natural gas prices continued to be pressured to the upside this week amid sizzling temperatures and low storage inventories. The August New York Mercantile Exchange (Nymex) contract went out meekly as prompt month on Wednesday after a nearly week-long rally. The August gas futures contract settled at $8.687/MMBtu, down 30.6 cents day/day. September…
July 28, 2022
Hess Upping Bakken Production as Global Oil Markets Seen Tightening to Year’s End
U.S. independent Hess Corp. expects to bring 50 wells online in the second half of the year from its Bakken Shale assets compared to 32 in the first half as the company ramps up production amid a tight oil market. “Given the strength of the oil market and the world’s need for more oil supply,…
July 28, 2022
Guyana Preparing for Oil Boom, Positioning Itself as Key Player in Regional Energy Security
Not only is Guyana set to become one of Latin America’s shining economic stars, but the once poor backwater could soon be a key player in the new global energy map. The International Monetary Fund (IMF) sees the Guyanese economy growing by a staggering 47% this year, even as the rest of the world could…
July 26, 2022
Natural Gas Futures Pressured to Upside As Regulatory Strains Take Center Stage – Mexico Spotlight
North American natural gas prices crossed the $8.00/MMBtu handle this week as blazing hot weather strained power demand. The August New York Mercantile Exchange gas futures contract surged 74.3 cents day/day on Wednesday and settled at $8.007/MMBtu. A lighter than expected storage injection on Thursday again sent prices higher. This month the United States is…
July 21, 2022
Surging Natural Gas Prices Create ‘Complicated Situation’ for Aluminum Giant Alcoa
Despite global uncertainty over a potential economic recession, global aluminum supply will continue to be under pressure by high demand through this year, according to executives at top U.S. producer Alcoa Corp. “European smelters and more recently one smelter in North America have cut capacity due to higher energy prices,” CEO Roy Harvey said on…
July 21, 2022
Mexico’s Energy Ministry to Appeal Judge’s Decision Halting Natural Gas Rule Change
Mexico’s Energy Ministry Sener has announced it will appeal the decision by a district judge that pauses a proposed change to the rules of the game in Mexico’s natural gas market. The changes pushed by Sener would mean that all users of the natural gas pipeline network Sistrangas would have to use imported gas sourced…
July 19, 2022
Papua New Guinea Deploying Offshore LNG Power Solution in Electrification Push
Singapore-based equipment and solutions provider Twenty20 Energy plans to roll out an offshore natural gas power solution across 12 locations in Papua New Guinea as the nation seeks to electrify communities that lack access to power. The Power Island Floating Storage Regasification and Power (FSRP) solution includes power generators and regasification equipment, fuel barges and…
July 18, 2022
Argentina Takes Step Forward in Key Vaca Muerta Infrastructure Project
Argentine officials have unveiled the companies vying for the right to construct the 24 MMm3/d Néstor Kirchner pipeline natural gas pipeline. The companies that presented bids were Btu SA, Esuco SA, Transportadora de Gas del Sur SA, and two consortia: Techint SA-Sacde SA and Contreras Hermanos SA-Víctor Contreras SA. If the offers qualify, economic bids…
July 15, 2022
North American NatGas Prices Steady as LNG Projects Gather Momentum – Mexico Spotlight
North American natural gas futures prices for August moved closer to $7.00/MMBtu this week as summer heat began to settle in. The August New York Mercantile Exchange contract climbed 52.6 cents day/day on Wednesday to close at $6.689/MMBtu. September rose 56.8 cents to $6.589. This is basically in line with where prices were for Mexico…
July 14, 2022
Natural Gas Consumption Seen Exceeding Production in Colombia
Colombia might need to up imports of natural gas in the years ahead, especially if its new president plans to end oil and gas rounds. Recently imports have been filling the gap between domestic natural gas production and domestic demand. In 2020, 399 Bcf of dry natural gas was produced in Colombia, and 413 Bcf…
July 12, 2022