As the US debates exporting more plentiful natural gas from new liquefaction along the East and Gulf coasts, gas exports to Mexico in the past 3 years have doubled, according to a recent research note from Barclays.

A combination of innovation and cooperation will be necessary to meet the world’s future energy needs, a Shell Downstream Inc. official forecast.

Rosneft has made a series of management changes in connection with its merger of TNK-BP, which it acquired from BP and the AAR group earlier this year (OGJ Online, Mar. 21, 2013).

The European Parliament authorized a new offshore oil and gas operations directive that requires operators to prove their ability to cover potential liabilities and to submit major hazard reports and emergency response plans before operations start.

Economic growth rates of oil exporters in the Middle East and North Africa (MENA) are moderating as oil production flattens in response to modest global demand, reports the International Monetary Fund.

Oil and gas prices continued climbing May 20 amid optimism for a US economic recovery and the prospect of increased demand for crude this summer. Natural gas was up 0.8% on forecasts for warmer weather for most of the country.

Freeport-McMoRan Copper & Gold Inc. and Plains Exploration & Production Co. said a majority of Plains shareholders have approved Freeport-McMoRan’s pending acquisition of Plains during a special May 20 meeting.