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Mexico’s Planned Oil Changes Could Hurt Competition, Antitrust Body Says
Anti-trust watchdog COFECE also said that if the initiative is approved, it would generate legal uncertainty in the industry and distort the system of oil permits.
BP’s Argos Platform for US GoM Mad Dog 2 Arrives in Texas Waters
Argos is set to become BP’s fifth operated platform in the GoM and the first new platform since Thunder Horse began production in 2008, the company said.
New York Pension Fund Divests over $7 Million from Canadian Oil Sands Producers
New York State, which has the third-largest pension fund in the U.S. with an estimated valuation of about $248 billion, will continue to invest in oil sands producer Suncor Energy.