
Mexican President Enrique Peña Nieto has announced a sweeping energy reform, which is expected to include constitutional changes to lure private investment and boost output, will be presented to Congress next week

The Economist in its latest printed edition addresses Argentina’s challenges in the energy field including the seizure of a majority stake in YPF from Spain’s Repsol and the latest agreement with US oil company Chevron to exploit shale oil and gas.

Premier Oil, the British North Sea's oldest company outside the oil majors, is turning away from the region for future exploration opportunities such as the Catcher and the Sea Lion project in the Falkland Islands, according to a report published by Reuters.

The Canadian town of Fort McMurray, population 76,000, is the heart of Alberta's oil sands largesse--but the town is bursting at its seams with nowhere to expand because the land surrounding it is owned by oil companies.

By OilPrice.com Premium Analysts - The pace of oil and gas exploration is frightening, and discoveries are weekly, if not daily, with volumes investors would only have dreamt of a decade ago. With each new discovery, it becomes difficult to keep track of the playing field, and even more difficult to rank the potential.

Spanish oil company Repsol asked the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) to take provisional measures to prevent YPF state-owned oil company to execute the deal it sealed with Chevron last year to explore for unconventional hydrocarbons in the Vaca Muerta shale formation.

Falkland Islands has set out the eight basic guidelines of its hydrocarbons development policy which are centred on robust regulation, supply chain support and long-term benefits for Islanders because the statement underlines its resources belong to the people of the Islands.

Oil spills have always tormented the oil and gas industry with devastating incidents being reported world wide. A recent oil spill of about 11,480 barrels in Ecuador has given rise to concerns to the neighbouring countries of Latin America.

By John C.K. Daly of Oilprice.com - Australia's massive mineral exports allowed it to weather the global recession, which began in 2008, quite nicely.

Chile’s government oil and gas company, ENAP, confirmed a successful experiment with hydraulic fracturing to extract non conventional tight gas at the Arenal Block in Tierra del Fuego, where the company operates with no partners.