Energy Update
MEXICO CITY, Dec 16 (Reuters) - Mexico will tender licenses to explore and drill 10 deepwater areas in the Gulf of Mexico as part of a landmark opening of its long-closed oil sector, the country's energy regulator said on Wednesday.
WASHINGTON, Dec 16 (Reuters) - The United States appears on the brink of ending a four-decade ban on most exports of crude oil, which would end a years-long fight brought about by a boom in domestic shale output that contributed to a supply glut and depressed prices.
Dec 16 (Reuters) - Chevron Corp won $28 million in damages after Gibraltar's highest court ruled against a company that was set up to receive and distribute funds resulting from a judgment against Chevron in Ecuador.
MEXICO CITY, Dec 16 (Reuters) - Mexico will tender licenses to explore and drill 10 deep-water areas in the Gulf of Mexico as part of a landmark opening of its long-closed oil sector, the country's energy regulator said on Wednesday.
BRUSSELS, Dec 16 (Reuters) - The European Parliament plans to set up a committee to investigate Volkswagen's emissions scandal and determine whether regulatory oversight of the car industry was too lax.
Tuesday December 15 was a good day for U.S. renewable energy companies. In a landmark deal that could mark the first time the Senate and House Democrats and Republicans under Barak Obama were able to compromise on anything at all, the two parties released an omnibus spending bill that lifts the 40-year U.S. oil export ban and gives a five-year extension of renewable energy tax credits for wind and solar.
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