Category: Gulf of Mexico

Commentary: Mexico enters shale play

While the energy world has been focused on Canadian shale over the past few years, Mexico has been quietly emerging as a major player in the crude oil and natural gas industry. With the recent passage of massive energy reforms in Mexico, billions of barrels of oil and trillions of cubic feet of natural gas […]  More »

Plaintiffs likely to appeal ruling in BP Atlantis case, lawyer says

An attorney for plaintiffs who sued BP for $256 billion said Thursday he expects to appeal a federal judge’s decision to throw out a lawsuit over alleged safety compliance issues at one of BP’s deep-water production platforms.  More »

Judge tosses suit claiming BP misled regulators about Gulf platform

Plaintiffs who brought a $256 billion lawsuit against BP have “no facts” to back up their claim the company misled regulators about the safety of a deep-water production platform, a federal judge has ruled.  More »

Maersk Oil to lay off a fourth of Houston staff

Diminishing returns in Brazil and the Gulf of Mexico have pushed Maersk Oil to cut a quarter of the jobs at its Houston office.  More »

Mexican lawmakers approve overhaul ending Pemex monopoly

The Mexican Congress has passed legislation aimed at ending state-owned Pemex’s 75-year state monopoly on the energy industry.  More »

Companies at work on blowout preventers for deeper depths

GE Oil & Gas and others are working to create blowout preventers that can work at deeper depths and higher pressures.  More »

Boston protesters rally against Kinder Morgan gas pipeline

The protest, attended by hundreds of supporters, was the culmination of a month-long “rolling rally” that marched through towns likely impacted by Kinder Morgan’s proposed 250-mile long pipeline expansion in Berkshire, Worcester and Franklin counties.  More »

Shell announces new Gulf of Mexico discovery

Shell Oil Co. today announced an offshore discovery in the Gulf of Mexico it believes contains 100 million barrels of oil equivalent.  More »

Technology lets producers move jobs from platforms to land

Shell and other offshore players to move a growing number of jobs historically performed at sea onto land.  More »

Gulf dead zone should be smaller than 2013, tied to ethanol production

The annual Gulf of Mexico dead zone — which scientists tie to Midwest agriculture including ethanol production — is expected to be slightly smaller than last year but still around 5,000 square miles.  More »

Drillers: BP can’t escape liabilities by blaming feds for moratorium

Plaintiffs’ attorneys say BP can’t dismiss lawsuits from drillers and oil-field service companies by arguing it was the federal government’s fault they lost money during the Gulf of Mexico drilling moratorium in 2010.  More »

BP seeks return of millions in oil spill damage payments

BP want back millions of dollars in oil spill claims payments it says were “erroneous.”  More »
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