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Relations with Cuba could boost Texan economy

Relations with Cuba could boost Texan economy

In an interview with Keyetv, Jorge Pinon expresses his believe in that the relationship between the U.S. and Cuba has potential benefits for Texas in the Agriculture, Energy, and Tourism industries.

UT Austin Ranks No. 19 in World for High-Impact Research

UT Austin Ranks No. 19 in World for High-Impact Research

The University of Texas at Austin is ranked No. 19 in the world for high-impact science — the latest in a series of global rankings that recognize UT Austin among the world’s elite research universities.

Argentina and China lead the way

Argentina and China lead the way

Argentina and China have moved up the rank on oil and gas resources. Argentina has drilled more than 275 wells, producing 22,900 barrels per day and 67 Mmcf/d of natural gas. On the other hand, China has more than 200 wells with plans of drilling and additional 253.

Argentinian delegation visits UT Austin

Argentinian delegation visits UT Austin

Through a series of presentations, the objective was to learn from a country that has already faced the challenges associated with energy development and can provide Argentina with valuable information to assure the development of a sustainable industry.

 

Latest News

SENER will put 244 projects up for bid between 2016 – 2019

As part of Rounds 2, 3, and 4, SENER will offer 244 fields with a potential volume of 68.2 billion barrels of crude oil, representing almost 5,000 miles. As for exploitation of hydrocarbons, SENER expects to offer 379 areas, 130 in actual fields and 149 under water.. both representing a total surface of 85,000 miles….

Petrobras cuts investment plan

Petrobras cuts investment plan

Seeking to cut expenses and pay off its debt, Petrobras will invest 130 billion USD between 2015 – 2019, a decrease of 41% from what was initially planned for 2014 -2018. The oil company also reduced its 2020 production plan for oil and natural gas, lowering it from 5.3 millions to 3.7 per day. by…

Sinopec, Cnooc Said Readying Bids for Petrobras Field Stakes

Sinopec and Cnooc Ltd. are looking to buy Petrobras’ assets in the pre-salt offshore exploration  block. Other interested companies include Royal Dutch Shell Plc and Statoil ASA. by Cristiane Lucchesi, Bloomberg Business, July 01, 2015 Two Chinese companies that entered Brazil’s giant deep-water oilfields two years ago are now looking to increase their presence as state-run…

Improved Cuba Relations Could Boost Texas Economy

After half a century of broken relationships, U.S. government is lifting restrictions to Cuba and Texas may be the first state benefited from it. Expert Jorge Pinon talks about potential benefits in the Agriculture, Energy, and Tourism industries, including Texas ports and natural gas. by Adam Racusin, Keyetv, July 01, 2015 Billions of dollars could be…

Argentina and China lead shale development outside North America in first-half 2015

In the last two years, Argentina and China have moved up the rank on oil and gas resources. Argentina has drilled more than 275 wells, producing 22,900 barrels per day and 67 million cubic feet per day of natural gas, this reported on April 2015. On the other hand, China has more than 200 wells…

French Energy Group Engie is ready to take part on CFE’s pipeline bidding

Philippe Delmotte, Director of Engie Mexico, announced the company’s intentions to prepare for CFE’s pipeline bidding. Engie will submit three proposals for electric factories, each one with a $1 billion USD investment. The french enterprise, which has operations in Estado de Mexico, Jalisco, and Queretaro among others, is building a natural gas project in “Los Ramones”…

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Hilary Olson

is an Adjunct Professor in the Department of Petroleum and Geosystems Engineering where she teaches the graduate-level course Basic Geological Concepts for Engineers.      
 

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