Mexico regulator hopes for 1st shale auction by end of 2018

February 2, 2018 0

Mexico hopes to hold its first shale oil and gas auction by the end of 2018, the head of the country’s oil regulator told Reuters Wednesday, potentially opening up one of the world’s top reserves of unconventional fossil fuel to foreign investors.

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YPF, Statoil form shale JV in Argentina

January 22, 2018 0

Argentinean state-run oil and gas company, YPF, and its Norwegian counterpart, Statoil, have entered into definitive agreements for the exploration and potential joint development of an unconventional field in central-west Argentina.

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U.S. oil output to overtake Saudi Arabia, Russia

January 22, 2018 0

U.S. crude oil supply will surpass the 10-million-barrels-per-day (MMBPD) mark this year, overtaking Saudi Arabia and rivalling Russia, the International Energy Agency (IEA) said Friday on its monthly oil report.

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