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 →
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On July 27, 2016, the call for tenders for association with Pemex for the Trion block marked a historic moment for the Mexican oil and gas industry. Never before has PEMEX worked as part of a consortium, and never before has it start produced oil in deepwater or ultra deepwater. “This […]
We are deeply saddened by the news of Edgar Rangel passing. Although his time was much too short, he left everlasting footprints in the Mexican energy sector. As a Commissioner of the National Hydrocarbons Commission he was instrumental in the successful implementation of the Energy Reform, inspiring those around him to aim as high as […]Continue Reading →
The third phase of Mexico’s first licensing round (Round One L-03) was a resounding success as all of the 25 available fields were awarded. Of these, 22 were won by Mexican companies, with the remaining three going to the Canadian firm Renaissance Oil Corp. According to Juan Carlos Zepeda, President of the National Hydrocarbons Commission, […]Continue Reading →