Displaying 10 out of 12 results

  1. Mexico's Undersecretary of Finance and Public Credit Gabriel Yorio speaks during an interview

    Mexico's US$5 billion debt bailout for Pemex 'a one off': Deputy minister

    Mexico's US$5 billion rescue package to pay down debt at Pemex is a one-of-a-kind transaction that should give the struggling state oil company ...
  2. FILE PHOTO: A logo of the Brazil's state-run Petrobras oil company is seen in Rio de Janeiro

    Privatize Petrobras? Lofty ambition, higher hurdles

    Brazil's influential finance minister has convinced President Jair Bolsonaro to consider the once-unthinkable step of privatizing state-owned oil ...
  3. FILE PHOTO: A pump jack operates in front of a drilling rig owned by Exxon

    Exxon Mobil's second-quarter results expected to sag, spotlighting need for asset sales

    Exxon Mobil Corp's plan to accelerate asset sales, a way of delivering needed cash to finance shareholder returns and major projects, is getting ...
  4. An entrance sign at the Chevron refinery, located near the Houston Ship Channel, is seen in Pasadena

    Chevron 'hopeful' of US approval to continue operating in Venezuela

    Chevron Corp , the last U.S. oil company operating in Venezuela, said on Thursday it hopes to be able to remain in the Latin American nation as ...
  5. FILE PHOTO: Mexico's President Andres Manuel Lopez Obrador attends a news conference at the Na

    Mexican president says Pemex secures US$8 billion multi-bank loan

    Mexican state oil company Pemex signed an US$8 billion syndicated loan with more than 20 banks to renew credit lines and refinance liabilities, ...
  6. A state oil company PDVSA's logo is seen at a gas station in Caracas

    Venezuela to open PDVSA office in Moscow this month: Ifax

    Venezuela's state oil company PDVSA plans to open an office in Moscow this month, Interfax news agency cited Venezuela's oil minister as saying on ...
  7. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang

    Oil prices rise over 1per cent on drone attack on Saudi Aramco facilities

    Oil prices rose nearly 2per cent on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni-armed movement ...
  8. FILE PHOTO: An oil storage tank of Russian oil pipeline monopoly Transneft is pictured at the Balti

    How Russia contaminated US$2.7 billion of oil exports to Europe

    It was a quiet Easter holiday at the offices of major European oil companies and refiners when an email in Russian landed. "What the hell does it say?
  9. Gas flares from an ExxonMobil oil refinery in Singapore

    Exxon Mobil, Chevron dogged by refining, chemicals troubles

    Exxon Mobil Corp and Chevron Corp on Friday reported lower profits due largely to weakness in their refining operations and lower crude oil and ...
  10. FILE PHOTO: The corporate logo of Repsol is seen in their office in Caracas

    Exclusive: Spain's Repsol suspends swap deal for Venezuelan oil under US pressure

    Spain's Repsol has suspended its swaps of refined products for crude with Venezuela's state-run oil company PDVSA, people familiar with the matter ...