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Trump's road to energy dominance starts with tiny Texas pipeline

What does energy dominance look like? A little like a 46-mi pipeline trickling modest volumes of gasoline and diesel into Mexico.

Perry seeks energy pact with Mexico, Canada as Nafta talks near

The U.S. has a unique opportunity to develop a "North American energy strategy" with Canada and Mexico, Energy Secretary Rick Perry said, striking a conciliatory tone with the other members of the North American Free Trade Agreement.

Cairn Energy secures interest in two licences offshore Mexico

Cairn has announced that it has secured interests in two licences in the Mexico offshore bid round.

Eni wins big in Mexico's auction of shallow-water prospects

Eni SpA was the biggest winner in Mexico’s latest auction of shallow-water oil prospects.

Schlumberger, Seitel partner in new 2D multi-client reimaging program onshore Mexico

Schlumberger and Seitel today announced a strategic multi-client alliance to reimage and acquire new geophysical data in key areas across onshore Mexico.

Mexico said to take first steps in annual oil hedging program

Mexico has taken the first step in its annual oil hedging program, asking Wall Street banks for price quotes on the put options it buys to lock in prices for the following year, according to people familiar with the matter.

Pemex to speed up association strategy to increase crude output

Pemex will accelerate the establishment of farm-out arrangements and strategic associations across its business lines in order to increase production of both crude and petroliferous protects, and to bring reserves into production and gain access to the latest t

CGG delivers final data from Encontrado project over Perdido fold belt

CGG announced today that the final products from its Encontrado multi-client reprocessing project across the Gulf of Mexico’s prolific Perdido fold belt have been delivered on schedule to the Comision Nacional de Hidrocarburos (CNH) and the industry.

Mexico oil reform advances with first private well in 80 years

For the first time in almost 80 years, a private company has sunk a new offshore oil well in Mexican waters -- the latest step in the country’s drive to allow foreign competitors back into its energy markets.

Premier Oil JV spuds Zama-1 exploration well, offshore Mexico

Premier is pleased to announce that the Zama-1 exploration well in Block 7 (Premier equity 25%) in the shallow water Sureste basin, offshore Mexico, was spudded on May 21, 2017.

Anadarko’s Walker: Oil won’t move past $60/bbl before 2020, industry needs NAFTA

Crude oil prices have varied widely in the past year, and Anadarko CEO Al Walker doesn’t think prices will extend beyond the $50-$60/bbl range before the end of the decade.

Regional Report: Latin America

Emily Querubin, World Oil

Latin America schleps forward on its quest for recovery

M² Subsea and Frontera Offshore join forces in Gulf of Mexico

M² Subsea has joined forces with Frontera Offshore to deliver remedial pipeline work for Permaducto, a subsidiary of Grupo Protexa, in the Ku-Maloob-Zaap (KMZ) oilfield in the Bay of Campeche, 65 mi north east of Cuidad del Carmen, Mexico. This contract also marks the first award for M² Subsea in the Gulf of Mexico region.

Mexico stays the course on the opening of its hydrocarbon sector

Mexico’s historic opening of its oil and gas sector to private investment, which began three years ago, continues on pace, and only a few phased moves remain to be completed, said a top governmental official.

Mexico seeks new home for its oil amid weak Gulf Coast demand

Shipments of crude to the U.S. from Mexico fell to a new low last week, extending a trend that goes back to when the Energy Information Administration began compiling preliminary weekly import data in June 2010.

BHP urged by Elliott to spin off U.S. oil unit in overhaul

BHP Billiton is being targeted for an overhaul by occasional activist Elliott Management Corp., which urged the world’s biggest mining company to spin off about $22 billion of U.S. oil assets and list them in New York.

Down 10%, Mexico oil reserves gone in nine years without new finds

Mexico’s existing oil reserves are dwindling so fast the country could go dry within nine years without new discoveries.

Subsea UK shares knowledge and expertise with Mexico's NOC

Senior figures from Mexico’s national oil company, Pemex, have been discovering the secrets of the UK subsea sector’s success and how it has revolutionized the way in which hydrocarbons have been extracted from beneath the seabed during a fact-finding visit to Aberdeen.

Texas' Eagle Ford, Permian shale to fuel Mexico

The newest oil refineries in Texas are looking to join the hottest two plays in the North American oil industry.

Mexico's guerrilla country up in arms as oil drillers move in

When an angry mob torched City Hall in the southern Mexican town of Tecpatan last month, it sent a warning flare across a country already thrown into turmoil by Donald Trump.