• 4 minutes What will the future hold for nations dependent on high oil prices.
  • 7 minutes Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 12 minutes OPEC Cuts Deep to Save Cartel
  • 15 minutes Venezuela continues to sink in misery
  • 11 hours End of EV Subsidies?
  • 11 hours Maersk's COO statment.
  • 1 hour Permian Suicide
  • 7 hours GOODBYE FOREIGN OIL DEPENDENCE!!
  • 6 hours Asian stocks down
  • 17 hours Citi cuts Apple's price target
  • 13 hours Oil prices may go up, but will be below $70 a barrel in FY19: Hindustan Petroleum Chairman
  • 30 mins USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 14 hours Regular Gas dropped to $2.21 per gallon today
  • 7 hours Price Decline in Chinese Solar Panels
  • 5 hours IT IS FINISHED. OPEC Victorious
  • 9 hours Trump accuses Google Of Hiding 'Fair Media' Coverage of him

Global Energy Advisory July 25th 2014

Regulatory Alerts

With the final voting schedule for its Energy Reform regularly pushed back, Mexico finally gives investors a piece of good news. The Senate voted Tuesday to end the rule stating that Pemex was the only player permitted to explore and exploit oil and gas resources in the country. The bill, which is expected to pass the Chamber of Deputies, would definitely open the door to foreign players investing in the Mexican oil and gas sector and attract as much as $20 billion in foreign investment a year.

The White House has tightened regulations for freight trains hauling oil, after coming under pressure to act following the derailing of an oil train in Lynchburg, Virginia, back in April. Old models will now progressively be phased out, oil tanker construction will have to follow far more stringent regulations while the trains will have to travel under lower speed limits.

After holding public hearings last week, the US Environmental Protection Agency is forging ahead with regulations that would heavily limit emissions that can be churned out by refineries. The EPA is calling for new measures at the country’s 149 refineries, including the first ever public measurement of benzene emissions, as well as setting specific acceptable emissions levels for flares, coking units and storage tanks.

Deals, Mergers and Acquisitions

Breitburn Energy Partners has closed a deal worth $3 billion to buy QR Energy, based in Houston, including QR’s…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions




Oilprice - The No. 1 Source for Oil & Energy News
-->