cantarell field news
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Mexico's Changing Energy Picture
Campeche :: Mexico | 12 months ago
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Much is made of our oil relationship with Canada, but our neighbor to the south is our fifth largest source of foreign oil. Though we don't often talk about Mexico, the country is among the top 20 sources for petroleum reserves in the world and will
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FMC Technologies Awarded $36 Million Contract From Pemex
Mexico City :: Mexico | over 1 year ago
Credibility
announced today that it has signed a three-year contract with Pemex Exploration and Production for the manufacture and supply of surface wellheads to support its drilling and well maintenance programs in the Gulf of Mexico . The award is expected to
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Pemex ramps up KMZ field production
Mexico City :: Mexico | almost 2 years ago
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Mexico's state-owned company Petroleos Mexicanos, better known as Pemex, is seeking to increase production at its Ku Maloob Zaap field by 17 percent in four years. Ku Maloob Zaap is Pemex's largest oil producing field, at 850,000 barrels a day
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Brazil finds massive oil field
São Paulo :: Brazil | over 2 years ago
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Brazil's national petroleum agency said the Libra field most probably held around 8 billion barrels. That matches the size of the giant Tupi oil field, whose discovery in 2007 drew attention to Brazil's potential as a major oil producer. If the 15
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U.S. Gov’t Funded More Than $1 Billion for Mexican Oil Drilling in Gulf of Mexico in 2009 and 2010
Pemex :: Mexico | over 2 years ago
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Export-Import Bank's largest borrower in 2009 and has borrowed $8.3 billion from the U.S. federal government since 1998. American firms and purchase equipment from American manufacturers in exchange for the money. One loan, worth $600 million, went
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Michael Klare: Grappling With The Age Of 'Tough Oil'
Lagos :: Nigeria | almost 3 years ago
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Nigeria, a major oil source for the United States, is riddled with ancient pipes and constant spills. That, plus the geopolitical challenges involved, is why much of Nigeria's crude is the kind of "tough oil" that author Michael Klare describes.
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Pemex To Redevelop Older Fields Using New Technology--Calderon
Mexico City :: Mexico | 3 years ago
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Mexican President Felipe Calderon said Friday that the first incentive-based contracts tendered by state oil monopoly Petroleos Mexicanos, or Pemex, under a 2008 energy reform will be for mature fields that have the potential to produce more oil and
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UPDATE: Mexico State Oil Firm Pemex Struggles With Legal Limits
Mexico City :: Mexico | 3 years ago
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Mexico -(Dow Jones)- Mexico hosts the International Energy Forum with dozens of oil producers as something of an odd man out when the meeting starts Tuesday. While even communist nations such as Cuba and China allow global oil firms to exploit crude
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Brazil Petrobras CFO: 2010-14 Plan Targets Between $200 Billion-$220 Billion
Rio de Janeiro :: Brazil | 3 years ago
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expects its 2010-2014 strategic investment plan to run between $200 billion and $220 billion, Chief Financial Officer Almir Barbassa said late Friday. The final figure will be determined after the government completes an overhaul of Brazil's
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Mexico’s Oil Politics Is Causing Woes
Mexico City :: Mexico | 3 years ago
Credibility
Mexico — To the Mexican people, one of the great achievements in their history was the day their president kicked out foreign oil companies in 1938. Thus, they celebrate March 18 as a civic holiday. Adriana Zehbrauskas for The New York Times The
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