The Permian Basin of west Texas and New Mexico has seen the predominant boost in U.S. activity.
Read More »OECD Invites Argentina to Join Nuclear Energy Agency
Chile and Mexico are the only Latin American OECD member countries.
Read More »U.S. Crude Production is Surging. Complicating OPEC’s Efforts to Rebalance the Oil Market
Exploration and production firms are still adding drilling rigs at an average of almost 10 per week.
Read More »BP Says 1 Billion Additional Barrels `Possible` in Gulf of Mexico Hubs
BP plans to apply the technology to other fields in Azerbaijan. Angola. and Trinidad and Tobago.
Read More »BP Finds More Than 200 MMbbl in New Resources with Seismic Imaging at U.S. GOM
The innovation has enabled BP to enhance the clarity of images that it collects during seismic surveys.
Read More »Mexico Oil Sector Decline
Production in Mexico has declined for 12 years in a row and this year will be less than 2 million barrels a day.
Read More »Mexican President Stresses Interest for Broadening Ties with Iran
Iran and Mexico need to boost the volume of their trade exchanges.
Read More »Iran Targets Milestone in Oil. Gas Production
Oil shipments from Iran reached a daily average of 2.6 million barrels in fiscal 2016-17.
Read More »Oil Industry Reviving Quest for Deepwater Reserves
Shell is the largest deepwater producer among the world'.s top publicly traded oil companies.
Read More »Min: No Problem for Oil Talks with Saudis
we have no problem to continue talks with Saudi Arabia on further coordination at the OPEC level
Read More »