Total also has interests in four exploration blocks it was awarded in auctions last year. two of which it operates.
Read More »Offshore Investment Returning to Brazil. Mexico and Guinea
Latin America'.s active drilling rig count stood at 190 in May. further proof of the upward trend in E&.P investment.
Read More »China’s CNOOC Looks for Gulf of Mexico Oil Partners
China. the world’s biggest oil consumer after the U.S.. has sought a foothold in crude production everywhere from Africa to Canada.
Read More »European Refiners Set to Benefit from Gulf Coast Chaos
The East Coast of the U.S. could avoid supply disruptions for the time being because of adequate storage.
Read More »Mexico Gives Pemex Two More Years to Explore 101 Oil Blocks
Under Mexico’s energy reform of 2013. the government opened oil and gas exploration blocks to international investments for the first time in more than 70 years.
Read More »Iraq May Consider Avoid Crude Production
SOMO and Russia'.s Litasco have set up a joint trading company in Dubai to market crude.
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.
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