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
Mexico Worries Mount as Coronavirus Cases Rise and Lockdown Extends Through End-May
Mexico has now entered into Phase 3 of the coronavirus lockdown, the highest level mandated by the government as the spread of the virus intensifies, with nonessential businesses shuttered and social distancing measures and movement restrictions in place until May 30.
April 29, 2020
Amid Storage Crunch, Moda Completes 10 Million bbl Oil Storage Expansion in Texas
Houston-based Moda Midstream LLC has placed into service the final 495,000 bbl tank from its 10 million bbl crude oil expansions at the Moda Ingleside Energy Center (MIEC) and Moda Taft Terminal, both in South Texas near Corpus Christi.
April 29, 2020
NGI The Weekly Gas Market Report
Mexico Natural Gas Prices Touch Historic Lows in March
Mexico’s IPGN monthly natural gas price index averaged $2.22/MMBtu in March, the lowest price recorded since its inaugural publication in July 2017.
April 27, 2020
Energía Costa Azul FID Still Set for Second Quarter Pending Export Approval
The Energía Costa Azul (ECA) liquefied natural gas (LNG) export project in Mexico’s Baja California is still set for a final investment decision this quarter pending the receipt of an export approval, Infraestructura Energética Nova (IEnova) executives said during a first quarter earnings call.
April 24, 2020
NGI The Weekly Gas Market Report
IEnova Waiting on Mexico Export Permit to Sign Off on Baja California LNG Project
The Energía Costa Azul (ECA) liquefied natural gas (LNG) export project in Mexico’s Baja California is still set for a final investment decision this quarter pending the receipt of an export approval, Infraestructura Energética Nova (IEnova) executives said during a first quarter earnings call.
April 23, 2020
NGI The Weekly Gas Market Report
Pandemic Market Turmoil Set to Cut into E&P Spend South of Border
U.S. exploration and production (E&P) companies arecuttingcapital expenditure (capex) by 35-40% from 2019 as oil prices continue to get hammered and demand is destroyed by the coronavirus pandemic, but spending reductions could be even harsher south of the U.S. border.
April 23, 2020
Coronavirus Leading to Double-Digit Declines in Latin America’s Oil and Gas Spend
Energy companies big and small operating in Latin America’s upstream segment have announced spending cuts as oil prices continue to get hammered and demand is destroyed by the coronavirus pandemic.
April 22, 2020
STACK Producer Tapstone Completes Restructuring Amid Oil Price Uncertainty
Oklahoma City-based exploration and production (E&P) company Tapstone Energy LLC has concluded an out of court financial restructuring plan, trimming about $450 million of principal debt from its balance sheet.
April 21, 2020
Mexico’s Pemex Hit With New Downgrade in Midst of Oil Price Collapse
Moody’s Investors Service downgraded Mexico’s state oil company Petróleos Mexicanos’ (Pemex) bonds to below investment grade, following on from a similar action by Fitch Ratings, a move sure to further strangle the company’s access to investment funds.
April 20, 2020
Argentina Natural Gas Production Down in February; Upstream Cuts Reported on Coronavirus Shutdown
Argentina’s production of natural gas in February fell 5.2% year/year to 127.7 million cubic meters/day (MMm3/d), or 4.51 Bcf/d, according to the latest report on the country’s energy sector produced by the IAE Argentine Energy Institute.
April 17, 2020