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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Natural Gas Price Volatility Testing Trader’s Nerves — Mexico Market Spotlight
U.S. natural gas futures facing Mexican buyers and sellers were a roller coaster this week as prices jumped early in the week as October rolled off the board followed by a dive on Wednesday when November took over as the front month. “Markets are very, very nervy,” a Mexico City-based trader told NGI’s Mexico GPI.…
Pemex, Braskem Idesa End Ethane Supply Spat, to Partner on Import Terminal
Mexican national oil company Petróleos Mexicanos (Pemex) and Braskem Idesa have reached agreement on an ethane supply deal, bringing to an end a year-long dispute that threatened to shutter the largest petrochemicals operation in Latin America. The Brazil-based Braskem SA unit said on Tuesday Pemex would supply 30,000 b/d of ethane to the Etileno XXI…
California Regulators Propose Stricter Oversight of PG&E, Sempra and Edison Utilities
The California Public Utilities Commission (CPUC) has proposed regulations to strengthen oversight of the state’s investor-owned utilities. The proposal, which would need to be approved by CPUC commissioners, would establish specific metrics to evaluate Pacific Gas and Electric Co. (PG&E) operational safety performance. It would also adopt 10 safety performance metrics, building on those previously…
LNG Demand in Latin America Continues Pulling Spot Cargoes Off the Market
Latin American liquefied natural gas (LNG) demand has had a record year in 2021 and it is not letting up, tightening a global gas market that has sent prices spiking around the world. Imports of LNG into Latin America for the first eight months of the year added up to 10.44 million tons, according to…
Natural Gas Price Spike Easing, but Tight Winter Supply Looms – Mexico Market Spotlight
This week saw an ebbing in the price surges of the past month, but Mexican buyers of natural gas are gearing up for a potentially precarious winter season. “This winter is gonna be very different from previous years for sure, as we haven’t had this tight of a market in a very long time,” Refinitiv…
Latin American LNG Demand Booming Amid Tight Global Natural Gas Market
Latin American liquefied natural gas (LNG) demand has had a record year in 2021 and it is not letting up, tightening a global gas market that has sent prices spiking around the world. Imports of LNG into Latin America for the first eight months of the year added up to 10.44 million tons, according to…
BLM Headquarters Relocating Back to DC from Colorado
The Department of Interior (DOI) said it is relocating the headquarters for the Bureau of Land Management (BLM) back to Washington, DC, from Grand Junction, CO. The DOI said “following years of transition and upheaval among the workforce” the change would “enable the bureau to better serve the American public and fulfill its mission as…
Mexico Natural Gas Market Spotlight: Pricing ‘Fear’ Spilling Across Border
Despite a slight reversal in trend Thursday spurred by a larger than expected injection into U.S. storage inventories, natural gas prices have been on a tear and are at eight-year highs. The October New York Mercantile Exchange (Nymex) contract jumped more than 50 cents between Monday and Wednesday, touching new highs for the year on…
Kinder Teaming with Neste to Build Renewable Feedstock, Fuel Hub in Louisiana
Kinder Morgan Inc. (KMI) is partnering with Neste to create a raw material storage and logistics hub at its Harvey, LA, terminal. The hub is to be used to help ramp up production of renewable diesel, sustainable aviation fuel (SAF) and renewable feedstock for polymers and chemicals. Neste would store a variety of raw materials…
Solar Could Power 40% of U.S. Electricity Needs by 2035, DOE Study Finds
A report released last week by the U.S. Department of Energy (DOE) suggests that by 2035 solar energy has the potential to power 40% of the nation’s electricity, or the equivalent of all the nation’s homes. Getting to a 40% supply share, however, would involve a dramatic increase in the deployment of solar. In 2020,…