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Mexico’s oil regulator awards, onshore contracts
We are pleased to inform the results of the proposals opening of the third phase of Round One Tender, which bid a total of 25 onshore fields and was attended by 40 national and international companies.
It should be noted that the judgment will…
News

Shell Midstream Partners buys stake in three Gulf of Mexico pipelines
Houston based Shell Midstream Partners has acquired minority stakes in three pipelines located in The Gulf of Mexico from BP for an undisclosed sum.
The acquisition is said to be a move to consolidate its corridor pipeline strategy in the region…

WoodMac: Oil Exploration Spending May Drop Further Next Year
Global spending on oil and gas exploration in 2017 could fall below this year's $40 billion, but lower costs mean profitability will increase, consultancy Wood Mackenzie said in a report on Friday.
Faced with a 30-month-long oil price downturn,…

Oil Drilling Advocate To Be Trump Pick For Interior Dept.
U.S. President-elect Donald Trump will pick U.S. Representative Cathy McMorris Rodgers, a climate-change skeptic and an advocate for expanded oil and gas development, to run the Interior Department, a Trump aide said on Friday.
The appointment…

Crippled Latin Oil Giants Get No Miracle Cure in Post-OPEC Rally
For the three titans of Latin American oil -- Pemex, PDVSA and Petrobras -- last week’s OPEC-driven price rally won’t be enough to halt a slow descent from the ranks of international crude heavyweights.
Even as news of the cartel’s 1.2…

Dakota Access Oil Pipeline in New Setback as Permit Denied
The U.S. Army Corps of Engineers denied Energy Transfer Partners LP a permit to build a section of the $3.8 billion Dakota Access Pipeline in North Dakota after weeks of opposition from Native Americans, environmentalists and other groups.
“There’s…

Oil Rises as Iraq Pledges to Cooperate With OPEC on Output Deal
Oil advanced as Iraq said it pledged to cooperate with OPEC to reach an agreement this week that’s acceptable to all members.
Futures rose as much as 2.7 percent in New York after earlier declining. Iraq’s Oil Minister Jabbar al-Luaibi…

More Company Climate Votes Ahead, As Trump May Loosen Energy Rules
Activist shareholders plan a record number of resolutions focused on climate change at U.S. company annual meetings in 2017, even as President-elect Donald Trump looks set to loosen environmental regulations.
Based on filings so far, U.S. companies…

Oil Bets Are Biggest in 9 Years Amid OPEC, Trump Volatility
Money managers, producers and consumers made the biggest bets on West Texas Intermediate crude prices in nine years, amid signals more volatility is coming.
Global markets were roiled after Donald Trump’s election as U.S. president and as…
Interesting Infos
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Enfold Construction
1818 N Vermont Ave
Los Angeles, CA, United States
(555) 774 433
hello@en-co.com
Office Hours
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