Tuesday, December 31, 2024

Mexico’s Onshore Oil Auction is Surprise Sell-Out

Story by Agence France-Presse Mexico’s government auctioned off all 25 onshore oil and gas fields offered Tuesday, exceeding expectations as domestic startups won most contracts while billionaire Carlos Slim was the biggest loser. The auction was the third this year following the 2014 enactment of a historic energy reform bill that opened the sector to private investors for the first time

OPEC to Hold Emergency Meeting if Oil Prices Fail to Recover

Via RT The Organization of Petroleum Exporting Countries (OPEC) will hold urgent talks, if crude prices don’t recover by February, according to OPEC president and Nigeria’s oil minister Emmanuel Kachikwu. “It is expected that the upward trend in oil prices will be seen by February next year. If it does not happen, it is clear that OPEC will need to

Sanchez Energy Appoints Senior Vice President and General Counsel

Sanchez Energy Corporation (SN) (the “Company” or “Sanchez Energy”) today announced the appointment of Greg Kopel as Senior Vice President and General Counsel, effective December 14, 2015. Prior to this appointment, Mr. Kopel served as Vice President and Associate General Counsel at Breitburn Energy Partners LP. He has also served in corporate legal positions at Occidental Petroleum Corporation and Linn Energy