Amoco competitor brands. On April 1, 2010 in Mississippi Chevron purchased some BP gas stations which were Amoco, to convert them to the Texaco brand. In the aftermath of the Deepwater Horizon oil spill in the Gulf of Mexico, there were reports in the press that BP was reconsidering rebranding itself as Amoco in the US. Some independently owned BP stations, including former Amoco stations, switched to a different brand due to the public relations fallout as a result of the oil spill. It was announced on October 10, 2017, that BP will bring the Amoco brand back, after an absence
Oil reserves in Mexico these problems, in September 2007, Mexico’s Congress approved reforms including a reduction in the taxes levied on Pemex. Most of Mexico's production decline involves one enormous oil field in the Gulf of Mexico. From 1979 to 2007, Mexico produced most of its oil from the supergiant Cantarell Field, which used to be the second-biggest oil field in the world by production. Because of falling production, in 1997 Pemex started a massive nitrogen injection project to maintain oil flow, which now consumes half the nitrogen produced in the world. As a result of nitrogen injection, production at Cantarell rose from in