Mexican Oil, Asia, and the WTI: Latin American Crude Exports in a Good Spot

Although some Mexican crude oil exports may have been delivered with quality problems, Asian efforts to diversify sources of hydrocarbons away from the Middle East now benefit Latin American hydrocarbon producers willing to sell in the spot market priced to the West Texas Intermediate (WTI) benchmark. Spot Price Arbitrage Opportunity&hellip

The Royal Dutch Shell – BG Energy Merger: Is it All about Asia?

Royal Dutch Shell’s recent announcement of its intent to purchase BG Group for $69.6 billion dollars resounded through the oil and gas press. Initially there was a round of excitement that the deal marked the beginning of the M&A cycle that everyone is expecting from the current oil-price situation. But&hellip

Halliburton and Schlumberger – Looking Ahead

There’s still a lot of bad news in the land of Oilfield Services (OFS) giants recently. Schlumberger announced plans to lay off another 11,000 folks bringing their total to 20,000. Halliburton beat expectations on their quarterly revenue figures (due to activity in the Middle East, Asia, and Latin America), but&hellip