International Mexico Oil 
Green Car Congress
JULY 21, 2021
Despite volatility in global oil markets, US crude oil exports reached a record high in 2020, according to the US Energy Information Administration (EIA). As of 9 July 2021, US crude oil exports have averaged 3.00 The most recent four-week rolling average of US crude oil exports reached 3.51 million barrels per day (b/d).
Green Car Congress
APRIL 1, 2022
In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil. President George W.
Green Car Congress
JULY 23, 2012
CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.
Green Car Congress
AUGUST 31, 2011
The Gulf of Mexico Research Initiative (GRI) Research Board announced that eight Research Consortia will be funded for the next three years with a total of $112.5 million to study the effects of the Deepwater Horizon oil spill in the Gulf of Mexico. Project Title: Gulf of Mexico Integrated Spill Response Consortium.
Green Car Congress
DECEMBER 6, 2012
Cobalt International Energy, Inc., an independent oil exploration and production company focusing on the deepwater US Gulf of Mexico and offshore Angola and Gabon, announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico.
Green Car Congress
JANUARY 22, 2011
The European Parliament is calling for an international ban on the use and carriage of heavy fuel oil on vessels operating in the Arctic, like that which is to apply to the Antarctic from August 2011. Research suggests that about one fifth of the world’s undiscovered hydrocarbon resources may lie in this region.
Green Car Congress
JUNE 23, 2023
Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. First oil is targeted for 2028. Trion is located in a water depth of 2,500 meters, approximately 180 km off the Mexican coastline and 30 km south of the Mexico/US maritime border.
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