Industry Developments

The EPA's new fraccing regulations will require operators to implement 'green completion' technologies at all new wells by 2015. Given that most producers are already using this technology,... 2012-04-20

Total has signed a joint venture with US oil shale specialist Red Leaf Resources. Red Leaf has developed a new means of extracting hydrocarbons from source rocks such as Kerogen using... 2012-04-19

The Federal Energy Regulatory Commission (FERC) has issued Cheniere Energy with a permit for the liquefaction and export of domestically produced natural gas from its Sabine Pass... 2012-04-17

BMI View: The nationalisation of YPF, which has long been anticipated by BMI, is a very negative development for Argentina's oil and gas industry. The country will now struggle to raise... 2012-04-17

Despite the signing of a new letter of intent (LOI) by Pemex and CubaPetroleo , BMI does not anticipate that the Mexican state-run oil company will play much of a role in the development... 2012-04-13

Offshore exploration in the Gulf of Mexico is close to pre-Deepwater Horizon levels amid signs that the industry is well and truly back on its feet. In particular, high oil prices are... 2012-04-11

BMI View: Presidential front-runner Enrique Peña Nieto has given more detail on the oil and gas reforms he is hoping to implement if he wins the July 1st elections. He said that, drawing... 2012-04-10

The first production results from nine wells on the Utica shale play were a mixed bag with strong gas production figures but disappointing liquids output. That will be a concern for... 2012-04-03

BMI View: Uruguay's second licensing round attracted interest from many prominent international oil companies including BP, Total, Shell and Exxon. Winning bidders BG Group, BP, Total... 2012-04-02

BMI View: YPF has made two new discoveries in the Vaca Muerta shale, suggesting that the formation extends to the Mendoza province. It is estimated that Mendoza could hold as much 1bn... 2012-03-30