Hydrocarbon Development

An Iranian war-boat fires a missile duri

Defending the Assad regime has given Tehran multiple options for expanding its influence and projecting power in the region and beyond. The Syrian civil war is transforming regional geopolitics, and one of its most dramatic effects is Iran’s seemingly expanding foothold in the Eastern Mediterranean and the Levant. While it is too early to know… Keep reading →

Boom Goes Bust: Texas Oil Industry Hurt By Plunging Oil Prices

Shale-Oil Producers Ready to Raise Production Wall Street Journal: After slashing production for months, U.S. shale-oil companies say they are ready to bring rigs back into service, setting up the first big test of their ability to quickly react to rising crude prices. Last week, EOG Resources Inc. EOG, -0.08%  said it would ramp up… Keep reading →

Mexico’s Energy Industry

Gulf Oil Spill Begins To Reach Land As BP Struggles To Contain Leak

On February 27, 2015, the Comisión Nacional de Hidrocarburos (CNH) published in the Federal Gazzette (or Diario Oficial de la Nación, DOF) the Call for Bidders No. CNH-R01C02/2015, the Bidding Guidelines and the Model Production Sharing Contract (PSC) for five mature contract areas located in shallow waters off the Gulf of Mexico coastlines of Veracruz, Tabasco and Campeche.