Mexico’s progress on its clean energy transition is headed in reverse. The nation’s greenhouse gas emissions from the energy sector increased by …
oil
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Crude prices jump 4% after the Hamas attack on Israel
Crude prices jumped by about 4% following the Hamas attack, which is a fairly typical reaction as markets apply a “fear premium” premised broadly …
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Throughout August, Petróleos Mexicanos (Pemex) experienced a noticeable increase in the value of its crude oil exports, reaching a figure of $2.539 …
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Pemex destroyed resources worth $342 million from two top fields
Mexican state oil company Pemex illegally burnt off hydrocarbon resources worth more than $342 million in the three years up to August …
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BusinessBusiness-newHeadlinesInternationalNews
Exxon Mobil Corp and Chevron Corp, are posting record revenue on late July
The two largest U.S. oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue on Friday, bolstered by surging crude oil …
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The U.S. Interior Department has recommended to the White House that all federal offshore oil and gas drilling auctions over the next …
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Should oil prices explode to $200 a barrel as some experts have warned, Goldman Sachs thinks the U.S. economy would probably enter …
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Mexico to keep up gasoline, diesel subsidies as prices soar
Mexico’s finance ministry said on Sunday it will keep increasing subsidies for both gasoline and diesel to shield consumers and businesses even …
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BusinessBusiness-newHeadlinesNationalNews
Russian oil producer Lukoil working on offshore extraction project in Mexico
Russia’s second-largest oil producer Lukoil said on Friday, Feb. 25th, it has completed its acquisition of a 50% operator interest in an offshore …
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Environmentalists call on Biden to fulfill campaign promise to end offshore and federal land oil drilling
On Tuesday, Feb. 8th, a group of 310 environmental justice, climate change, and public health advocacy organizations sent a petition to Secretary of the …