Sunday 11 December 2016
 
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Pemex

Fire breaks out on tanker in Gulf of Mexico

A fire broke out on an oil tanker of Mexican state oil company Pemex in the Gulf of Mexico on Saturday, forcing all the crew to be evacuated in the latest accident to plague the struggling firm. The blaze on the tanker "Burgo

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Mubadala unit, Mexico's Pemex sign cooperation deal

Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Development Company, and Petróleos Mexicanos (Pemex) have signed an agreement, to provide the basis for discussions between the two companies and their affiliates about potential o

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Mubadala unit, Mexico's Pemex sign cooperation deal

Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Development Company, and Petróleos Mexicanos (Pemex) have signed an agreement, to provide the basis for discussions between the two companies and their affiliates about potential o

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Explosion at Mexican oil giant Pemex HQ kills 25

A powerful explosion rocked the Mexico City headquarters of state-owned oil giant Pemex on Thursday, killing at least 25 people, injuring more than 100 and trapping others inside. The mid-afternoon blast in a neighboring building

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Mexico plans $9bn refinery in Hidalgo

Mexico's state-run oil company Pemex has said it chose the central state of Hidalgo as the site for a new $9 billion refinery after the local government was able to secure land for the construction. The city of Tula, Hidalgo was chosen in

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Oil prices fall below $93

Oil prices fell nearly 1 per cent to below $93 a barrel, fading from their latest record high as investors took profits from a rally fuelled by a Mexican supply outage and the spiralling dollar. US crude fell by 85 cents to $92.68 a barrel

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