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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 […]

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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 […]

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After five years of intense negotiations, the Trans-Pacific Partnership agreement has finally been completed, intertwining economies from the American and Asian continents. The long-awaited agreement comes as part of the efforts by leading countries to devise legal frameworks that will result in further globalization. It was announced on the fifth of October by the Trade […]

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This Friday, the 15th of September, the Ministry of Finance and Public Credit set the requirements for the second phase of Round One. This round concerns the allocation of five production-sharing contracts for 14 shallow water blocks off the coasts of Tabasco, Campeche, and Veracruz. These are no longer exploratory fields, but rather proven reserves, […]

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Mexico has always been more of an oil producer than a natural gas producer, yet, up until 2000, it was able to remain self-sufficient in terms of natural gas. In that year, demand started surpassing production and PEMEX, the only hydrocarbon producer at the time, did not prioritize substantial investment in natural gas production. As […]

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Mexico Oil & Gas Summit 2015 has arrived. Tomorrow, July 22nd, the Mexican oil industry comes together to reflect on its latest milestones, with 400 industry leaders discussing key trends and sharing valuable perspectives. Guests range from industry regulators to executive members of the private sector, with the Salón Independencia the Hotel Sheraton María Isabel in Mexico City will […]

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