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 on Three-Week Bullish Run as U.S. Pipe Imports Stronger – Mexico Spotlight
North American natural gas futures prices barreled through the $6.00/MMBtu ceiling this week as supply worries and soaring global natural gas demand combined to tighten the market. After significant gains on Monday and Tuesday, the May New York Mercantile Exchange futures contract settled at $6.029 on Wednesday, off three-tenths of a cent from Tuesday’s close.…
April 7, 2022
Amid Surging Oil Prices, ExxonMobil Sanctions Another Guyana Project
ExxonMobil has announced a $10 billion commitment to a new development in Guyana’s prolific offshore Stabroek block. The company has received approval from the government of Guyana for the Yellowtail project, which would be the company’s largest to-date asset in the country. Production is slated for 2025 and is expected to hit 250,000 b/d. “Yellowtail’s…
April 6, 2022
ExxonMobil Sanctions Fourth – and Largest – Guyana Project
ExxonMobil has announced a $10 billion commitment to a new development in Guyana’s prolific offshore Stabroek block. The company has received approval from the government of Guyana for the Yellowtail project, which would be the company’s largest to-date asset in the country. Production is slated for 2025 and is expected to hit 250,000 b/d. “Yellowtail’s…
April 5, 2022
Shell Producing Natural Gas at T&T’s Colibri, Fueling LNG Exports
Shell plc’s Trinidad and Tobago (T&T) subsidiary has started production from two areas in its offshore Colibri project, boosting natural gas production for the dual-island, gas-rich nation. Colibri is expected to add 30,000 boe/d, or 174 MMcf/d of near-term gas with peak production of around 43,000 boe/d (250 MMcf/d) through a series of four subsea…
April 5, 2022
Max Energy to Convert Natural Gas Pipe to Move More Eagle Ford, Permian Crude to Texas Coast
Texas pipeline company Max Energy has purchased the Upper Gulf Coast Pipeline from Southcross Gulf Coast Transmission Ltd. and is working to convert the system from natural gas to crude oil. Max said the eight-inch to 16-inch diameter natural gas pipeline is dormant and “strategically located.” The Southcross intrastate system has numerous intersection points with…
April 4, 2022
May Natural Gas Futures Rally a Second Day as Global Supply News Permeates Markets
Natural gas prices seesawed, but always in positive territory, and advanced on Thursday for a second consecutive session. The first storage injection of the year failed to freeze bulls, who have fixated on robust demand for U.S. exports to help address festering global supply challenges. The May Nymex gas futures contract gained 3.7 cents day/day…
April 1, 2022
North American Natural Gas Futures Rising Again Amid Market Volatility – Mexico Spotlight
May as the prompt month for New York Mercantile Exchange natural gas futures opened with a bang Wednesday, rising 27.5 cents day/day and settling at $5.605/MMBtu. June gained 27.7 cents to $5.658. After slumping to start the week, natural gas futures regained momentum similar to last week’s as volatility remained the name of the game…
March 31, 2022
TC Energy’s Mexico Unit Gauging Support for More Natural Gas Infrastructure
Mexican energy regulator Comisión Reguladora de Energía (CRE) has granted TC Energía permits to hold open seasons to gauge demand interest on its pipelines. TC Energía is the Mexico subsidiary of Canada’s TC Energy Corp. The company sees “a wealth of untapped demand” for natural gas in Mexico to be unlocked over the next decade,…
March 31, 2022
Mexico’s TC Energía Set to Hold Open Seasons on Multiple Natural Gas Pipelines
Mexican energy regulator Comisión Reguladora de Energía (CRE) has granted TC Energía permits to hold open seasons to gauge demand interest on its pipelines. TC Energía is the Mexico subsidiary of Canada’s TC Energy Corp. The company sees “a wealth of untapped demand” for natural gas in Mexico to be unlocked over the next decade,…
March 29, 2022
Biden Administration’s 2023 Budget Doubles Down on Energy Transition
Even as President Biden has stressed the short-term need to increase oil and natural gas output and expedite liquefied natural gas (LNG) project development, the 2023 budget released by the administration Monday focuses almost entirely on transitioning away from fossil fuels. The president’s 2023 budget request for $5.3 trillion total includes funds for the Department…
March 29, 2022