Tuesday, June 30, 2026
Mexico plans infrastructure blitz worth billions to shore up economy - Oil and Gas 360

Mexico plans infrastructure blitz worth billions to shore up economy

From Reuters Mexico will soon unveil a set of major infrastructure projects drawn up by the private sector to lift the economy, President Andres Manuel Lopez Obrador said on Wednesday, seeking to banish the specter of recession from his young administration. Speaking at a news conference, Lopez Obrador said some 1,600 projects were under consideration that would “reactivate” Mexico, Latin

Annova LNG lands multimillion dollar tax abatement - Oil and Gas 360

Annova LNG lands multimillion dollar tax abatement

The Houston Chronicle Cameron County commissioners voted to approve tax abatement deal worth tens of millions of dollars for Houston liquefied natural gas company Annova LNG to build an export terminal at the Port of Brownsville. Some 80 supporters and 50 opponents of the controversial LNG export project packed Cameron County Commissioners Court meeting. After hearing dozens of public comments

BP Chief Executive Dudley confirms plan to step down next year - Oil and Gas 360

BP Chief Executive Dudley confirms plan to step down next year

From Reuters BP (BP.L) Chief Executive Officer Bob Dudley said on Wednesday he plans to step down next year following a tumultuous decade at the helm of the oil and gas company. Dudley, who turned 64 last month, said he would retire at 65 but that no decision on the timing of this move had been taken by BP’s board.

Talos - Oil and Gas 360

Wintershall and Talos give up oil contract in Mexico’s Gulf

From Reuters A consortium formed by Hokchi Energy, Talos Energy and Wintershall Dea has given up a Mexican oil contract in the Gulf of Mexico’s shallow waters due to lack of commercial discovery, the country’s oil regulator said on Wednesday. As part of Mexico’s flagship energy reform, the consortium in 2015 was awarded a contract to explore the block, area

SK Energy charters supertanker for record $10 mln to ship U.S. crude to South Korea - Oil and Gas 360

SK Energy charters supertanker for record $10 mln to ship U.S. crude to South Korea

From Reuters South Korea’s top refiner, SK Energy, chartered a supertanker to ship U.S. crude to South Korea in November for a record $10 million as freight rates surge after the United States imposed sanctions on a Chinese firm, sources familiar with the matter said on Wednesday. The company fixed the Very Large Crude Carrier (VLCC) Maxim to load between