The cities of Villahermosa and Aberdeen signed a MOU this week around how the two “World Energy Cities” can work towards common goals, particularly in energy matters.
Councillor John Reynolds, the Depute Provost of Aberdeen, and Gerardo Gaudiano, the Mayor of Villahermosa in the southern Tabasco state, signed the agreement for three […]Continue Reading →
Italy’s Eni reached a milestone for Mexico’s 2013 Energy Reform when it became the first international company since the industry’s liberalization to drill a well in the shallow waters of the Gulf of Mexico, “confirming the presence of oil in multiple reservoirs,” the company said in a press release.
The Amoca-2 well in Campeche Bay, […]Continue Reading →
Mexican motorists will be able to fill their tanks at around 1,500 new BP fuel stations the British oil giant plans to roll out across the country over the next 5 years. It marks the first time a large international oil company will capitalize on Mexico’s liberalized gasoline market, which was previously closed to outside […]Continue Reading →
A thriving energy sector that incorporates both traditional and renewable resources is a clear path to prosperity, Canadian Prime Minister Justin Trudeau said on Thursday in Houston, pointing to the lessons from the failures of past governments, including that of his father, as the foundation for future success.
“No country would find 173 billion barrels […]Continue Reading →
Trillions of dollars in potential investments in the oil and gas industry could be jeopardized by “misguided” projections about so-called “peak demand” for energy and could end up putting the world’s energy security at risk, said Saudi Arabia Minister for Energy, Industry and Mineral Resources Khalid Al-Falih during Houston’s CERAWeek by IHS Markit 2017.
Reduced investment […]Continue Reading →
IHS Markit identifies Mexico’s Tampico-Misantla area as a potential “super basin” Onshore/shallow water area is “unexplored” and could hold 2.5 billion BOE in conventional resources Basin could contribute to offsetting Mexico’s declining production
Mexico’s Tampico-Misantla basin has been identified as a potential “global onshore super basin” in new research released by IHS Markit. The […]Continue Reading →