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Source: NYT/ By STANLEY REED / AUG. 1, 2017 ABERDEEN, Scotland — This port city built of granite on the North Sea has taken a battering in recent years. Plunging oil prices hit the petroleum industry, which dominates the economy. Tens of thousands of jobs were slashed. Projects worth billions of dollars were sent back […]
Oil and Gas Online | News | August 2, 2017 “The American Petroleum Institute (API), Canadian Association of Petroleum Producers (CAPP) and the Mexican Association of Hydrocarbon Companies (AMEXHI) today outlined their shared policy positions on further strengthening the competitiveness of the North American energy industry under the North American Free Trade Agreement (NAFTA). In a […]
Business Insaider – Reuters- Sheky Espejo- July 26, 2017 “Vista Oil & Gas, with backing from private equity firm Riverstone Capital, will launch an initial public offering (IPO) on Mexico’s stock exchange on Aug. 11, according to three sources with knowledge of the deal and a document seen by Reuters.” “The IPO would mark the entry […]
Daily Energy Insider – Debra Flax – July 26, 2017 “Continuing the country’s ongoing energy reforms, Mexico’s National Center for Natural Gas Control (Centro National de Control del Gas Natural—CENAGAS) recently conducted Mexico’s first natural gas grid capacity open season to auction pipeline capacity rights, according to the U.S. Energy Information Administration.” “CENAGAS manages Mexico’s Integrated […]
The Offshore Frontier Jul 19, 2017 “Talos Energy, together with its joint venture partners Sierra Oil and Gas and Premier Oil, have announced a world-class oil discovery with the Zama-1 exploration well offshore Mexico. Talos holds a 35% participation interest, with Sierra and Premier holding 40% and 25% participation interests, respectively. The Zama-1 well is the first offshore exploration well drilled […]
From Reuters / Reporting by Adriana Barrera; Editing by Bill Trott, Leslie Adler and David Gregorio “Mexico on Monday auctioned two-thirds of the shallow water oil and gas blocks up for grabs in the latest round of its energy market opening, surpassing the cautious estimates officials made last week.” “Italy’s Eni, Colombia’s Ecopetrol and Capricorn Energy, […]
From Bloomberg / By Adam Williams, Amy Stillman, and Giacomo Tognini / 12 de julio de 2017 “A billion-barrel crude discovery in Mexico could be just the lure the country needs to boost investment from oil majors as it lacks the wherewithal to reverse years of sagging output.” “At a time when global oil prices were […]
From OilPrice.com / By Tsvetana Paraskova – Jul 17, 2017, 3:00 PM CDT “Mexico’s next offshore oil auction will be held in January next year instead of in December 2017 as initially planned, in order to give bidders more time to assess all new data in view of the recent huge finds in the Mexican […]
Environmental pollution is a very complex problem, due to its economic and social consequences. Actually, the environment is considered as a legally protected right, regardless of people or their property. This has generated a totally new legal system dedicated to its protection. According to the General Law of Ecological Equilibrium and Environmental Protection (LGEEPA), environmental […]
Energy and Capital / Written by Christian DeHaemer / Posted July 10, 2017 at 6:04PM “After February 10, 1916, for better or worse, North America would never be the same.” “You see, deep in the jungles of Veracruz, Mexico, they were searching for oil. Drilling had commenced several days earlier and had reached a depth of […]
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