BHP Billiton wins Trion farmout 
Mexico's deepwater Gulf of Mexico oil and gas auction, Round 1.4, resulted in eight of the 10 deepwater blocks in the Gulf being awarded to bidders outside of Mexico—a first for a country that has been determined to successfully draw outside companies to help overhaul its energy sector.

Mexico's National Hydrocarbon's Commission (CNH) said that BHP Billiton (ticker: BHP) won the bid to develop the Trion deepwater field in Pemex's, Mexico's state-owned oil company, first-ever farmout deal.

CNH president Ju...

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