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Woodside approves investment in $7.2B Trion development in deepwater Gulf of Mexico; first oil in 2028

Green Car Congress

Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. 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. First oil is targeted for 2028.

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How a Six Flags licensing issue let Tesla snag Giga Mexico land

Teslarati

Tesla landed on a large plot of land in Santa Catarina, Mexico, in the State of Nuevo Leon, for its first Gigafactory in the country. However, the property was almost a Six Flags amusement park well before Tesla had even thought about Mexico, before it had built a Model 3, and before it was even financially stable.

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US offshore oil and gas leasing plan for 2017-2022 focuses on Gulf of Mexico, excludes Arctic

Green Car Congress

US Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Hopper released the final plan to guide future energy development for the Nation’s Outer Continental Shelf (OCS) for 2017-2022. The vast majority of US offshore oil production occurs in the Gulf of Mexico.

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Constellium to open Mexico plant for automotive aluminum structural components

Green Car Congress

intends to open a new manufacturing facility in Mexico to produce aluminium automotive structural components. This plant, located in San Luis PotosĂ­, will allow Constellium to respond to increasing demand for lightweight, high-strength aluminium Crash Management Systems and automotive structures for the expanding auto industry in Mexico.

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DOI: latest Gulf of Mexico oil & gas lease sales garner $872M in high bids

Green Car Congress

Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. billion in bid revenues. A total of $21,333,850 in high bids was submitted on three tracts by one company.

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Western Gulf of Mexico lease sale results in $110M in high bids on more than 400,000 acres

Green Car Congress

The US Department of the Interior reported that Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the US Outer Continental Shelf offshore Texas. A total of 14 offshore energy companies submitted 93 bids. The lease sale, which offered 21.6 The lease sale, which offered 21.6

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US Shale Is Immune To An Oil Price Crash In 2017

Green Car Congress

Oil production in the Lower 48 excluding the Gulf of Mexico is expected to rise until the end of the year even if the price of oil plunges to US$40, Rystad’s analysis shows. Since December 2016, oil output in the Lower 48 states, minus the Gulf of Mexico, has been on a continuous expansion, with 430,000 bpd growth so far.