Showing posts with label Felipe Calderon. Show all posts
Showing posts with label Felipe Calderon. Show all posts

Friday, September 4, 2009

Mexico's Calderon: BP's Deepwater Find A Wake Up Call


Mexico needs more reforms to rapidly tackle the deep waters of the Gulf of Mexico and shore up plummeting domestic oil production, President Felipe Calderon said Thursday. Calderon said BP PLC's giant deepwater oil discovery in the Tiber field, announced Wednesday, should serve as a wake up call for Mexico. State run Petroleos Mexicanos is legally blocked from teaming up with foreign oil companies that have more experience in the area."I hope this sign from the Gulf of Mexico tells us something," said Calderon in a radio interview.....Read complete article

Friday, January 30, 2009

Crude Oil Industry Headline News


"Total in Fresh Talks with Venezuela on Expanding Ops"
Total is in fresh talks with the Venezuela government about expanding its operations in the South American nation....Complete Story

"Exxon, Chevron Top Analyst Earnings Estimates on Refining Gains"
Exxon Mobil Corp. and Chevron Corp., the biggest U.S. oil companies, exceeded analyst earnings estimates as increased fourth quarter refining profits blunted the impact of a record drop in crude prices....Complete Story

"Mexico's President Meets with Top Oil Cos, Talks Energy Reform"
Mexican President Felipe Calderon met with top executives from some of the world's largest oil companies at the World Economic Forum in Davos....Complete Story

"Nigerian Militants to End Truce in Oil-Rich Delta"
Nigeria's main militant group said on Friday it was calling off a ceasefire after a military strike on one of its camps in the Niger Delta, warning of a "sweeping assault" on the oil industry....Complete Story

"California Rejects Offshore Oil Deal"
California's Land Commission said no to an offshore oil drilling deal saying it would open the door for further offshore development. Environmental groups and the Plains Exploration and Production company....Complete Story
Stock & ETF Trading Signals