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.
Archive / Author
SubscribeChristopher Lenton
Articles from Christopher Lenton
Freeport LNG, Regulatory Doubts Spin Instability into Natural Gas Market – Mexico Spotlight
Global natural gas prices embarked on a juddery ride this week on news that the Freeport liquefied natural gas (LNG) export plant in Texas would be shut for months. Initially, New York Mercantile Exchange July prices tumbled $1.40 toward $7/MMBtu as 2 Bcf/d would now be available to the market. However, prices have since rallied…
June 16, 2022
Public E&Ps Seen Adding Reserves as Exploration, Development Spending Drops
Spiking energy prices and the related across-the-board inflation aren’t being driven by a lack of oil and gas resources. Analysis from the U.S. Energy Information Administration (EIA) found that publicly traded exploration and production (E&P) companies increased proved reserves of oil and natural gas by 19.2 billion boe in 2021. This was based on the…
June 15, 2022
Global Natural Gas Market Rocked by Freeport LNG Explosion – Mexico Spotlight
A fire at the Freeport liquefied natural gas (LNG) export terminal in Texas on Wednesday shut down the facility for at least three weeks and had immediate impacts on natural gas pricing across the globe. With New York Mercantile Exchange July natural gas futures early in the week making their way to $10.00/MMBtu, the incident…
June 9, 2022
Mexico Natural Gas Demand Showing Inelasticity Amid Soaring Prices
Mexico’s demand for natural gas has not been impacted by the ongoing price surge, according to buyers and sellers of the fuel who spoke at the recent Mexico Gas Summit in San Antonio, TX. “Demand is very inelastic,” said Santa Fe Gas LLC CEO Santiago Garcia during the event organized by Industry Exchange LLC. “The…
June 7, 2022
Ohio Congressman Calls Natural Gas a Solution to Energy Crisis
Fighting the narrative that natural gas is part of the problem, U.S. Rep. Troy Balderson (R-OH) last week introduced a resolution calling for the recognition of domestic natural gas as a green and clean energy source. “It’s green. It’s clean. And it’s abundant right under our feet, right here in Ohio,” Balderson said. Balderson, speaking…
June 6, 2022
Mexico-U.S. Nearshoring Opportunity Leading to Energy Projects South of Border
The war in Ukraine coupled with supply chain rebalancing brought on by the coronavirus pandemic is creating unique economic opportunities in Mexico, according to energy industry professionals who spoke Wednesday at the Mexico Gas Summit in San Antonio, TX. “It’s a historic opportunity,” said Francisco Acuña, president of Sonora State’s sustainable development committee. But, he…
June 3, 2022
With Russia’s Invasion of Ukraine, Mexico Said Facing ‘Historic’ Economic Opportunity
The war in Ukraine coupled with supply chain rebalancing brought on by the coronavirus pandemic is creating unique economic opportunities in Mexico, according to energy industry professionals who spoke Wednesday at the Mexico Gas Summit in San Antonio, TX. “It’s a historic opportunity,” said Francisco Acuña, president of Sonora State’s sustainable development committee. But, he…
June 1, 2022
Amid Unceasing Price Rise, Cenagas Launches Public Consultation on Natural Gas Demand – Mexico Spotlight
North American natural gas prices continued their torrid surge this week, with expiring New York Mercantile Exchange prompt month prices on Wednesday surpassing the $9.00/MMBtu mark for the first time in 14 years. Bespoke analysts said the issue in the United States remains the lack of “significant, and sustainable, gains in production to ensure we…
May 26, 2022
At Davos, Heavy Hitters Weigh Responses to ‘First’ Global Energy Crisis
The global energy crisis sparked by Russia’s unprovoked invasion of Ukraine was near the top of the agenda this week as high-ranking officials and corporate titans met at the World Economic Forum in Davos, Switzerland. During a panel discussion on Tuesday, the head of the International Energy Agency (IEA), Fatih Birol, called this “the first…
May 26, 2022
Latin American NOCs Post Lofty Q1 Profits, but Only Argentina’s YPF Boosting Production
Latin America’s national oil companies (NOCs) posted quarterly profits that would delight any investor, but with the exception of Argentina this hasn’t so far translated into significant oil and gas production increases. The oilfield services firms touted strong growth from Latin American operations in the first quarter. Halliburton Co. reported first-quarter revenue from Latin America…
May 24, 2022