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UT Austin and Mexico renew agreement

UT Austin and Mexico renew agreement

On Thursday July 9th, UT Austin received a group of Mexican officials for a renewal and expansion of the agreement. This agreement supports the travel of Mexican scholars to carry out research at UT.

Energy and Climate Latest News

Energy and Climate Latest News

Energy and Climate Partnership of the Americas (ECPA) share a selection of this month's most relevant news in the climate and energy sectors.

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.

 

Latest News

Mexico to postpone deep water auction, adjust next oil tender terms

After a failed first auction for Round One, Mexican government has decided to postpone next bid and adjust the tender terms. According to the energy minister, the requirements will be more relaxed and even allow companies to bid a second time in case the first one fails to meet the minimum requirements. He also stated…

The Venezuela-Guyana Conflict

The Venezuela-Guyana Conflict

Last week, Exxon Mobil announced discovery of 700 million oil barrels at their Liza-1 well. The location is 100 miles from the shore of Guyana, a territory that has been debated belongs to Venezuela. President Nicolas Maduro reached out to Washington for help in order for both countries to peacefully agree on territory settlement. In an…

Historic oil meeting in Cuba set for October

Leaders and experts of the oil industry will meet in Havana, Cuba in October to establish environmental and safety policies for oil drilling in the waters shared by both countries. The relationship between both becomes stronger, yet the trade embargo remains, limiting the availability of high-tech drilling equipment and techniques by David Goohue, The Reporter, July 23,…

Venezuela seeks light crude contracts to make blends -sources

PDVSA is looking to buy 70,000 bpd for the next five years. Seeking for the best offer, the company intends to use the barrels of ultralight crude as a diluent of their growing production of extra heavy oil. PDVSA is looking the best offer and expecting an agreement of up to five years. by Reuters, July…

Mexico’s Pemex to export 6 mn barrels of oil to Japan

Pemex agreed to send 6 million barrels of crude to Japan’s JX Nippon Oil & Energy Corporation in the next six months. The shipment, which will be leaving from a Oaxaca port, is an addition to the 4 million barrels Pemex delivered to JX Nippon earlier this year. by Fox News Latino, July 24, 2015 …

Cuba may drill for oil using U.S. equipment

In the recent months, President Obama has taken action in order to change the embargo on Cuba. Current policies establish that Cuba cannot drill closer than 60 miles near the U.S., in this case Florida. They also establish that U.S. equipment cannot be used to explore the island’s shores. Experts argue whether this is safe for…

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Featured UT Faculty

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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