While it continues to deal with the fallout of the Macondo well blowout in the Gulf of Mexico last April and it reported decreases in both quarterly and annual physical sales of natural gas, BP plc remains firmly atop both NGI’s 4Q2010 Top North American Gas Marketers Ranking and NGI’s Full-Year 2010 Top North American Gas Marketers Ranking.
Mexico
Articles from Mexico
BP Chief’s Comments a ‘Disservice’ to Industry, Says Tillerson
ExxonMobil Corp.’s top gun on Wednesday took a shot at BP plc CEO Bob Dudley’s assertion that the Macondo well blowout in the Gulf of Mexico last April resulted from industry-wide safety lapses.
March 14, 2011
BP Chief’s Comments a ‘Disservice’ to Industry, Says Tillerson
ExxonMobil Corp.’s top gun on Wednesday took a shot at BP plc CEO Bob Dudley’s assertion that the Macondo well blowout in the Gulf of Mexico last April resulted from industry-wide safety lapses.
March 11, 2011
Louisiana Delegation Seeks Meeting With Obama Aide on De Facto Ban
The Louisiana congressional delegation led by Sen. Mary Landrieu (D-LA) has called on President Obama to put an end to the de facto moratorium in the deepwater Gulf of Mexico.
February 28, 2011
Shell Reserves Drilling Rig for GOM Deepwater
A subsidiary of Royal Dutch Shell plc has signed a letter of intent (LOI) with Noble Corp. to secure a drilling rig for the Gulf of Mexico (GOM) deepwater.
February 24, 2011
Australia’s BHP Billiton Grabs Fayetteville Leasehold
Australian energy giant BHP Billiton Petroleum, better known for its Gulf of Mexico (GOM) development, chiseled off a piece of Chesapeake Energy Corp.’s huge U.S. portfolio in a $4.75 billion cash deal to acquire almost half a billion acres in the Fayetteville Shale.
February 23, 2011
Louisiana Delegation Seeks Meeting With Obama Aide on De Facto Ban
The Louisiana congressional delegation led by Sen. Mary Landrieu (D-LA) has called on President Obama to put an end to the de facto moratorium in the deepwater Gulf of Mexico.
February 23, 2011
Seahawk Goes Bankrupt; Moratorium Blamed
Government and business leaders blasted the Obama administration’s continuing de facto moratorium on oil and gas drilling in the Gulf of Mexico (GOM) after Seahawk Drilling Inc., a major GOM shallow water driller, filed for bankruptcy Feb. 11.
February 21, 2011
Mexican Mayor Seeks Deal With Sempra LNG Plant
Having failed last Friday to shut down the facility, the mayor of Ensenada in Baja California, Mexico, on Wednesday sought to negotiate tax revenues and a new gas transmission pipeline link with Sempra Energy’s Energia Costa Azul liquefied natural gas (LNG) receiving terminal along the Pacific Coast just north of the port city.
February 18, 2011
Industry Brief
New Mexico House Speaker Ben Lujan has introduced legislation to boost the use of natural gas as a transportation fuel. HB 198 would give consumers an alternative to soaring gasoline prices and providing some incentives to convert their vehicles to run on compressed or liquefied natural gas. Currently, there are nine natural gas transportation fueling stations in the state, and most of the natural gas vehicles (NGV) are owned by municipalities. Under the proposed law vehicle owners would be credited with 70% of the conversion costs to switch to an NGV after receiving a 40% federal tax credit between now and Jan.1, 2017. A similar bill passed the state’s House last year but died in the Senate Finance Committee. Lujan said the typical NGV costs about $1.76/gallon, compared with more than $3/gallon for gasoline-fueled vehicles.
February 18, 2011
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