Maria de Lourdes Melgar Palacios, Mexico's undersecretary of hydrocarbons in the Ministry of Energy. (Emily Pickrell/Houston Chronicle)

CERAWeek: Mexico’s bidding rounds continue despite crude collapse

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Thirty-four companies had signed on to the first auction organized by the state, said Lourdes Melgar, Mexico’s deputy secretary of energy for hydrocarbons at the Ministry of Energy.
Photographer: Rich Press.

5 years after BP spill, drillers push into riskier depths

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ON THE GULF OF MEXICO — Five years after the nation’s worst offshore oil spill, the industry is working on drilling even further into the risky depths beneath the Gulf of Mexico to tap massive deposits once thought unreachable. Opening this new frontier, miles below the bottom of the Gulf, requires engineering feats far beyond […]
Protesters in kayaks paddle out to meet the Arctic offshore oil rig Polar Pioneer piggybacked atop the cargo deck vessel Blue Marlin as it arrives at Port Angeles, Wash., on  April 17.  (Keith Thorpe/The Peninsula Daily News via AP)

Activists in kayaks on horizon as Shell’s Arctic rig arrives at Washington port

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Activists opposed to Arctic drilling are preparing to greet the rig when it makes it to Emerald City, with some threatening a flotilla of kayaks to box the ship in.
Transocean's Deepwater Asgard arrived in the Gulf of Mexico in April 2015 to work under a two-year contract with Chevron. (Chevron)

Sixth Chevron drillship arrives in the Gulf of Mexico

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The drillship, called the Deepwater Asgard, will work in the Mississippi Canyon under a two-year contract with Transocean, a Swiss rig contractor
In this March 31, 2015 photo, a supply vessel crosses an oil sheen drifting from the site of the former Taylor Energy oil rig in the Gulf of Mexico, off the coast of Louisiana. The New Orleans-based company has downplayed the leak's environmental impact, likening it to scores of minor spills and natural seeps that the Gulf routinely absorbs. (AP Photo/Gerald Herbert)

AP: Offshore wells buried during Hurricane Ivan have been leaking oil into the Gulf since 2004

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An Associated Press investigation has revealed evidence that the spill is far worse than what the company behind the leak has publicly reported.
(Dado Galdieri/Bloomberg)

Shell exec: U.S. risks losing drilling dollars to Brazil, Canada and Mexico

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The Obama administration’s plan for selling offshore oil and gas leases from 2017 to 2022 could jeopardize the United States’ competitiveness as Brazil, Canada, Mexico and other countries aggressively compete for drilling dollars, a Shell executive told Congress.
In June, GE tested this prototype 20,000 psi ram blowout preventer at its Houston Technology Center. The 20ksi program also includes new wellheads, connectors, control systems, and riser systems. (GE Oil & Gas)

Feds unveil plan for keeping offshore oil wells in check five years after Gulf spill

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The measure codifies many of the steps that companies have already taken to better keep offshore wells in check, including more rigorous maintenance and testing of the blowout preventers that act as a last line of defense against uncontrolled surges of oil and gas.
Noble Energy will drill exploration wells off the coast of the Falkland Islands, the company announced Wednesday.

Noble Energy doubles down in Falkland Islands

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The Houston-based oil company announced Monday that it has scooped up additional acres offshore the Falkland Islands and plans to start drilling there this year despite opposition from Argentina’s government.
(LM Otero/AP)

Exxon might be next in line for mega deal, analysts say

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Exxon Mobil Corp. could be the next big oil firm to pull off a major corporate takeover like Royal Dutch Shell’s $70 billion bid this week for BG Group, Morgan Stanley analysts say.
(AP Photo/Diamond Offshore)

Houston oil company among five caught in legal battle over new U.K.-Argentina Falkland Islands fight

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Argentina filed criminal charges Thursday at the general prosecutor’s office in Buenos Aires against five U.K. and U.S. oil companies.