May promises to be yet another boom month in the seven most prolific U.S. onshore unconventional plays, with both natural gas and oil production expected to increase compared with April totals, according to the U.S. Energy Information Administration (EIA).
Once a pillar of Mexico's state-run energy sector, Adrian Lajous Vargas has turned a revealing "kiss and tell" spotlight on an insider's view of what he said is the inefficiency and corruption of Petroleos Mexicanos (Pemex). Read More
The first of three upstream auctions so far announced in Round Three of Mexico's 2013-14 energy reform is to be held on Tuesday, featuring areas believed to have a high proportion of natural gas. Read More
Amid political wrangling over the July 1 presidential elections in Mexico, the government and the energy industry issued a robust response by keeping up the pace of upstream auctions with Round 3, as well as "migrations" and farm-outs to private-sector control of areas overseen by state-owned Petroleos Mexicanos. Read More
Oil production growth led by the United States, Brazil, Canada and Norway will keep the world well oiled through 2020, but investments are needed to boost output in the longer term, the International Energy Agency (IEA) said Monday. Read More
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