Shell Snaps Up Nine Blocks In Mexico Oil Tender

Shell emerged as the top bidder in Mexico’s second offshore oil and gas block licensing tender since the start of its energy reform in 2013, media reported today, quoting Mexican officials. The Anglo-Dutch supermajor won the exploration rights to 9 of the 29 blocks put up for tender. For four of the blocks, Shell bid jointly with Qatar Petroleum and ...

Source: Oilprice.com

China To Invest In Offshore Oil Spill Research (Thursday, 1 February 2018)

China’s Ministry of Transport is planning to establish a laboratory specializing in treating oil spills at sea, the first of its kind in the country, local media Science and Technology Daily reported on Sunday.

China is spending some 200 million yuan a year on researches for emergency treatment of oil spills but the technological expertise has not been widely applied ...

Source: The latest Oil and Gas Industry News - from oilandgaspeople.com

Painted Pony Announces Fourth Quarter Production, Operational Update and Executive Departures

CALGARY, Jan. 31, 2018 /CNW/ – Painted Pony Energy Ltd. (“Painted Pony” or the “Corporation“) (TSX: PONY) is pleased to announce preliminary 2017 fourth quarter average daily production volumes, an update on first quarter 2018 field operations as well as changes to the executive team.    ProductionDaily production volumes for the fourth quarter of 2017 averaged [Read More…]

Source: BOE Report