05 May Little fanfare, but Gulf of Mexico oil still growing steadily

By hellenicshippingnews. As rapid growth in U.S. shale production grabs headlines and threatens to upend attempts by OPEC to balance oil markets, a more unsung sector of the U.S. industry is also hitting new output highs – the offshore Gulf of Mexico. While attention and investment is focused on shale, the Gulf is the among the most … Read full story ›

Source:: Hellenic shipping news Oil