2015 was very eventful in the oil and gas industry, filled with unexpected turns, be they for the best or the worst. The Energy Reform took effect in 2014, when President Enrique Peña Nieto amended the constitution, opening the country’s energy sector to private investment for the first time in decades. One of the main […]Continue Reading →
On Monday 16 December, Mexico’s Secretary of Energy Pedro Joaquin Coldwell presented the International Energy Agency’s Executive Director Fatih Birol with an official letter declaring Mexico’s interest in joining the advisory organization.
The IEA was founded one year after the 1973 oil shock as an autonomous intergovernmental organization within the OECD framework, in order to […]Continue Reading →
The date for Round One L-04 has yet to be disclosed, but so do the industry’s new standards, a change that has deepwater companies gripped to their seats, whether already in Mexico or planning to enter the country. In light of this, we are sharing an excerpt from Mexico Oil and Gas Review 2015 which gives […]Continue Reading →
Has the deepwater sector irreparably sunk?
A day before Halloween, major international companies announced some spooky news. After 17 months of dropping oil prices with no end in sight, they are turning away from the costly, high-risk megaprojects that were previously claimed as the future of the industry. US oil producers are switching to […]Continue Reading →
Justin Time for the Climate Change Talks in Paris
On the 19th of October, after the victory by an absolute majority of the Liberal Party, Justin Trudeau was elected Prime Minister of Canada. His rise to power is met with anxiety in Canada’s oil industry, where the legacy of his father’s controversial energy […]Continue Reading →
The New Economics of Oil
What if everything you thought you knew about oil was wrong? That is the idea behind the paper published last week by Spencer Dale, BP’s Chief Economist.
New Economics of Oil takes the key principles and beliefs we think underpin the operation of the oil market and reveals […]Continue Reading →