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
Colombia’s Ecopetrol Upping Oil, Natural Gas Production, Increasing Capex
Colombia’s state oil company Ecopetrol SA has recovered from a production blip in the second quarter and is upping capital expenditures (capex) for 2022 executives said during a recent conference call. Months of anti-government protests starting in late April hampered oil and gas activity in the country in the first half of this year. However,…
November 16, 2021
Veracruz Salt Dome Natural Gas Storage Project Said ‘Probable’ – Mexico Spotlight
Following a tricky 2021 that has included a major disruption to its natural gas supply, the Mexican government is advancing plans for strategic storage. Speaking Tuesday at the U.S.-Mexico LDC Forum in San Antonio, TX, Gadex consultant Eduardo Prud’homme said “good discussions” were underway with a developer to build a salt dome storage facility in…
November 11, 2021
Mexico Flaring Problem Should be Solved by Markets, says Texas Railroad Commissioner
Calling natural gas flaring “a wasted resource,” Commissioner Jim Wright of the Railroad Commission of Texas said the problem in Mexico needs to be solved by improving markets. Speaking Tuesday at the U.S.-Mexico LDC Forum in San Antonio, TX, Wright cited the fact that flaring was plunging in Texas and was now at half a…
November 10, 2021
MPL Exploring Low-Carbon LNG for Mexican Export Project
Mexico Pacific Ltd. LLC (MPL) continues to advance its liquefied natural gas (LNG) export project for the Pacific coast of the country. The company signed a collaboration agreement last week with ConocoPhillips LNG Licensing LLC and Bechtel. Together, the companies plan to work with construction firm Techint SA de CV to pursue “innovative lower carbon…
November 4, 2021
Imports Drop on Weak Demand as U.S. November Natural Gas Bidweek Prices Top $6 — Mexico Spotlight
Mexico’s economy went into quiet mode for most of the last week as the country celebrated its Dia de los Muertos holiday. Natural gas imports from the United States dropped, and pricing volatility continued to be the name of the game. Wood Mackenzie analyst Ricardo Falcón told NGI’s Mexico GPI that low pressure systems and…
November 3, 2021
Biden Administration Says Slashing U.S. Oil, Natural Gas Methane Emissions to Cost ‘Pennies’ Per Mcf
The United States is set to impose sweeping limits on methane emissions from oil and gas operations as the Biden administration ups its commitment to tackle global warming. Once enacted, the rule’s impact on natural gas and oil prices from 2023-2035 would cost “pennies per bbl of oil or Mcf of gas,” the Environmental Protection…
November 2, 2021
Amid Rising Prices, Pemex Looks to Up Natural Gas Production, Reduce Flaring
Mexico’s national oil company Petróleos Mexicanos (Pemex) is working to limit flaring and increase natural gas production, executives said last week during an earnings call. Reinaldo Wence of downstream unit Pemex Transformación Industrial said “we need all the natural gas we could get… especially with the weather turning cold.” He was referencing the onset of…
November 1, 2021
Hess Boosts Activity in Bakken on Commodity Price Strength
U.S. independent Hess Corp. has added a third rig in the Bakken Shale and may consider a fourth next year amid continued commodity price strength. The New York-based producer is ramping up Bakken activity after curtailments last year from the coronavirus. Net production from the Bakken was 148,000 boe/d in the third quarter compared with…
October 29, 2021
Natural Gas Futures Remain Volatile; Clients ‘Nervous’ as Cold Weather Nears — Mexico Spotlight
Mexican clients are “very nervous” about prices in the coming months, according to a natural gas marketer in Mexico City. This week has been another rollercoaster in the gas markets. On Wednesday, November futures in the United States rolled off the board at $6.202/MMBtu, up 32.0 cents on the day. The December contract, which moved…
October 28, 2021
MPL Looking to Low-Carbon LNG for Mexico’s Puerto Libertad, Progressing to FID
Mexico Pacific Ltd. LLC (MPL) continues to advance its liquefied natural gas (LNG) export project for the Pacific coast of the country. This week, the company signed a collaboration agreement with ConocoPhillips LNG Licensing LLC and Bechtel. Together, the companies plan to work with construction firm Techint SA de CV to pursue “innovative lower carbon…
October 26, 2021