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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Mexico Natural Gas Market Spotlight: Pemex Fire Not Yet Impacting Flows
Mexico’s natural gas market has so far weathered a weekend fire on a Petróleos Mexicanos (Pemex) offshore platform, which knocked 25% of the country’s oil supply offline. The accident occured Sunday afternoon on the E-Ku-A2 platform in the Ku-Maloob-Zaap (KMZ) megafield when a natural gas leak ignited during routine maintenance. The fields also produce 694…
Gulf Coast Refiners Facing Hit to Bottom Line After Deadly Mexico Blast; WTI Crude Prices Rise
Oil prices rose on Tuesday after a fire on a Petróleos Mexicanos (Pemex) processing platform in the Gulf of Mexico slashed 421,000 b/d from Mexico’s oil supply. West Texas Intermediate (WTI) for October settled at $67.54 on Tuesday, up $1.90 day/day. “Bottom pickers jumped into the void on the open on Sunday night, and then…
Kinder’s Kinetrex Deal Opens Door to Small-Scale LNG, RNG Investments
Kinder Morgan Inc. (KMI) has closed on its $310 million acquisition of Kinetrex Energy, part of the company’s new interest in low carbon investments. The acquisition includes liquefied natural gas (LNG) production and fueling facilities, a 50% interest in a landfill-based renewable natural gas (RNG) facility in Indiana, and commercial agreements for three additional RNG…
Pemex Gulf of Mexico Platform Fire Leaves Five Dead, Two Missing
Petróleos Mexicanos (Pemex) CEO Octavio Romero Oropeza said five people died and two people remained missing as of Monday afternoon following a fire on the E-Ku-A2 platform in the Gulf of Mexico. The incident occurred Sunday afternoon in the Ku, Maloob and Zaap (KMZ) megafield. Oropeza said an investigation was underway to determine its cause.…
Five People Dead, Two Missing in Pemex Gulf of Mexico Platform Fire
Petróleos Mexicanos (Pemex) CEO Octavio Romero Oropeza said five people died and two people remained missing as of Monday afternoon following a fire on the E-Ku-A2 platform in the Gulf of Mexico. The incident occurred Sunday afternoon in the Ku, Maloob and Zaap (KMZ) megafield. Oropeza said an investigation was underway to determine its cause.…
Mexico Natural Gas Market Spotlight: Hurricane Grace Hitting Yucatán Power Infrastructure
Hurricane Grace, a Category 1 storm, made landfall in Mexico early Thursday in the eastern Yucatán Peninsula, bringing with it heavy rains and winds, and interrupting power service to some 300,000 homes, according to Mexican utility Comisión Federal de Electricidad (CFE). The storm was expected to restrengthen as it moved across the southwestern Gulf of…
Drought Said Exacerbating Already Tight Power Market Conditions Across West
The shutdown of California’s 644 MW Edward Hyatt hydroelectric power plant because of insufficient water levels at the Oroville Dam reservoir is squeezing an already tight power market in the western United States, according to Moody’s Investors Services. On Aug. 5, the California Department of Water Resources took the plant offline. This has contributed to…
Buoyed by Rising Prices, SilverBow Expands Eagle Ford Position
Houston’s SilverBow Resources Inc. has continued its Lower 48 acreage expansion amid high commodity prices with a new natural gas-rich acquisition. The latest deal is an estimated $33 million all-stock transaction with an undisclosed seller. SilverBow is gaining 45,000 net acres in the Eagle Ford Shale of South Texas, bolstering its gas-weighted position in McMullen…
AMLO Touts Isthmus Natural Gas Pipeline as U.S. Imports Swell
Mexico President Andrés Manuel López Obrador said a natural gas pipeline connecting the Atlantic and Pacific coasts is set to go ahead. The 320 MMcf/d Jaltipán-Salina Cruz pipeline would cross the Isthmus of Tehuantepec, the narrowest strip of land in Mexico, between the two coasts. “A gas pipeline in the isthmus is planned to transport…
Mexico Natural Gas Market Spotlight: Strong Summer Prices Causing Domestic Headaches
Soaring natural gas prices, along with the rising prices of other imported fuels, were causing inflation worries and are a hot-button topic in Mexico, according to experts. “The price of energy in Mexico is becoming an important issue,” Gadex consultant Eduardo Prud’homme told NGI’s Mexico GPI. In July, the Mexican government placed price caps on liquified…