Mexican national oil company Pemex is poised for a massive cash infusion earmarked for exploration and drilling , but a review of the company's portfolio and recent track record suggests at least some of this money might be better spent developing fields it has already discovered. Incoming Mexi ...Dr. Daniel Fine: Trump and Oil in Trade Geopolitics
Unlike 1973, and its oil embargo against the United States, there is no supply threat from the Middle East. Consequently, only a demand unknown moves the price of crude oil. Permian/Delaware has displaced the Middle East as a source and even Mexico imports U.S. production. This has caused euphori ...U.S. Natural Gas Pipeline Exports Increase With Commissioning of New Pipelines in Mexico
Source: U.S. Energy Information Administration, Natural Gas Monthly , and Federal Energy Regulatory Commission U.S. natural gas pipeline exports to Mexico have been increasing following expansions of cross-border pipeline capacity . These exports averaged 4.2 billion cubic feet per day ...Talos Energy Announces Second Quarter 2018 Financial And Operational Results
HOUSTON, Aug. 6, 2018 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its financial and operational results for the second quarter ended June 30, 2018, and reaffirmed the previously released pro forma full year 2018 production, expenses and capital expendit ...Petrofac Introduces Partner in Mexico
Petrofac Limited (“Petrofac” or “the Company”) announces that it has today signed an agreement to sell 49% of the Company's operations in Mexico (1)(2) , including Santuario, Magallanes and Arenque, to Perenco (Oil & Gas) International Limited (“Perenco”). The transaction is subject to approval by ...Mexico’s New Government Offers Nothing New With its Refining Optimization Strategy, Says GlobalData
Following a recent statement by Rocio Nahle, the next Ministry of Energy of Mexico, where she states that US$2bn will be spent on optimizing the country's existing refineries, Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on t ...Analysis: What's Next for Oil and Gas Prices After Putin-Trump Summit? by Dr. Daniel Fine
(Photo: Pablo Martinez Monsivais,/AP) The opposition in Congress wants to see a transcript of what President Donald Trump and Russian President Vladimir Putin talked about for two hours alone. No doubt some of that time was spent discussing OPEC and the price of oil. This is abov ...Delaying Mexico’s 2018 Bidding Rounds is a Smart Move by CNH, Says GlobalData
Following the news (Wednesday 18 th July 2018) that Mexico's hydrocarbons agency re-scheduled bidding rounds 3.2, 3.3, and onshore farm-out round for February 2019, which was originally planned for the second half of 2018, Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading ...
Mexico's presidential election Sunday has put energy reform opponent Andrés Manuel López Obrador in power, creating uncertainties for the country's still-nascent energy liberalization. Campaign comments on his plans for oil reforms have been mixed. S&P Global Platts Analytics expects he will slo ...New Mexican President Likely to Rein in, Not Reverse Energy Reform, Says GlobalData
Following the victory of Andrés Manuel López Obrador (AMLO) in Sunday's Mexican presidential election, Will Scargill, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream sector: “AMLO has been a fierce critic of t ...Oil Industry Activity in Mexico Intensifies
Visit: STATISTICS PORTAL Oil Activity Indicators January - April 2018: There were 37 drilling rigs operating, which represents an increase of 54.1% compared to the same period in 2017. Among these rigs, 24 were being used for development activities and 13 for exploration ...Wood, Roue and Cisco Open Oil and Gas Center in Mexico
Wood, a global leader in the delivery of project, engineering and technical services to energy and industrial markets, Cisco and Roue Consultores have participated in the opening of a new, first of its kind, Oil and Gas Advanced Technology Center (ATC) located in Wood's operations center in Naucalp ...Over $36.9bn Will Be Spent on Top 10 Offshore Heavy Oil Projects to 2025, Says GlobalData
Over $36.9bn in capital expenditure will be spent over the lifetime of the top 10 upcoming offshore heavy oil projects to produce 2.6 billion barrels of oil. These 10 projects, selected from 18 upcoming offshore heavy oil projects globally, will contribute incremental capacity of 400.5 thousand bar ...U.S. Natural Gas Production and Consumption Increase in Nearly All AEO2018 Cases
Source: U.S. Energy Information Administration, Annual Energy Outlook 2018 EIA's Annual Energy Outlook 2018 (AEO2018) projects that U.S. dry natural gas production will increase through 2050 across a wide variety of alternative assumptions about the future. In the Reference case, which ...FluidOil: Mexico JV Supports VHTL Commercialisation Strategy
London, April 4, 2018: FluidOil, the independent international heavy oil technology company, has concluded an agreement to form a new Joint Venture in Mexico, to advance the commercialisation of its VHTL upgrading technology in the country. The joint venture, trading as FOMEX S.A. de C.V. (“FOME ...
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