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
Mexico’s AMLO Visits White House Amid Tensions, Opportunities in Energy Sector
After recently shunning an invitation to attend the Summit of the Americas in Los Angeles, Mexico’s President Andrés Manuel López Obrador travels this week to the White House for a bilateral meeting with U.S. President Joe Biden. The meeting on Tuesday (July 12) comes at a time of great opportunity for economic cooperation between the…
July 11, 2022
North American Natural Gas Prices Tempered, In Line with Other Commodities – Mexico Spotlight
North American natural gas prices bounced around the $6.00/MMBtu mark this week as the storage and production picture failed to come into focus. On Wednesday, the August New York Mercantile Exchange gas futures contract fell for a second straight day and settled at $5.510/MMBtu. A lower-than-expected injection into U.S. storage on Thursday then shot prices…
July 7, 2022
Europe Set to Classify Natural Gas, Nuclear as Green Investments
The European Parliament voted in favor on Wednesday of accepting the proposal by the European Commission (EC) to classify new natural gas and nuclear power projects as “green.” The classification would allow for subsidies and low-cost loans for natural gas and nuclear projects deemed environmentally sustainable. “This vote is important recognition of our pragmatic and…
July 6, 2022
Tenaris Welding Pipes for Vaca Muerta Pipeline as Argentina NatGas Production Continues Rise
Global steel manufacturer Tenaris SA has won a contract for the natural gas pipeline that would connect Argentina’s Vaca Muerta shale formation to capital Buenos Aires and other large consumption areas. After three years of “low activity,” Tenaris’s mill in Valentín Alsina, Buenos Aires, is set to start operations to supply welded pipes for the…
July 6, 2022
Mexico Touts Multi-Billion Dollar Public-Private Natural Gas Projects
Amid a global energy crunch, Mexico is set to go all in on natural gas with numerous public-private projects announced over the past week. Speaking at the launch of the Olmeca refinery in Dos Bocas, Comisión Federal de Electricidad (CRE) head Manuel Bartlett said the utility would partner with the local subsidiary of Canada’s TC…
July 5, 2022
North American Natural Gas Prices Continue Slide; Traders Uncertain on New Rules – Mexico Spotlight
North American natural gas prices lost more than three dollars in June after an explosion at the Freeport liquefied natural gas (LNG) plant early in the month knocked the facility offline. August took over as the front month contract for New York Mercantile Exchange futures this week and prices continued to be pressured downwards. On…
June 30, 2022
Mexico’s Dos Bocas Refinery Starting Operations Amid Controversy and Fanfare
Mexican President Andrés Manuel López Obrador’s campaign promise of a refinery for his home state of Tabasco is being delivered this week. The 340,000 b/d Olmeca refinery in Dos Bocas will be inaugurated on Friday, July 1, exactly four years after López Obrador won the presidency. “With president López Obrador inaugurating his flagship Olmeca refinery,…
June 28, 2022
Colombia’s Petro Promises to Revamp Nation’s Energy Sector
Former Bogotá Mayor Gustavo Petro beat businessman and Tik-Tok star Rodolfo Hernández earlier this month to become Colombia’s first leftist president with promises to upend the country’s oil and gas sector. Petro proposes “a very significant change in the energy sector,” Sergio Guzman, the director of local risk consultancy Colombia Risk Analysis told NGI. During…
June 24, 2022
Natural Gas Buyers Get Pricing Relief with Sistrangas Contract Deadline Looming – Mexico Spotlight
Prices of North American natural gas continued to soften this week with U.S. storage levels set to build healthily for the upcoming winter. After recently barreling toward $10/MMBtu, the 2 Bcf/d available to the North American market following the Freeport liquefied natural gas (LNG) terminal shutdown in Texas, is loosening supply and bringing down prices.…
June 23, 2022
Riverbend Energy Sells $1.8B in Lower 48 Assets to Undisclosed Buyer
Houston-based investment firm Riverbend Energy Group said it has found a buyer for the sale of $1.8 billion in upstream equity interests. The assets include nonoperated interests across the Bakken/Three Forks, Utica, Fayetteville and Haynesville shale formations. The properties produce about 47,000 boe/d from 11,000 wells, the company said. A spokesperson would not comment on…
June 17, 2022