Mexican state oil firm Pemex has reached an agreement to transfer control of its Lakach natural gas …
Gulf of Mexico
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International NewsNews
SpaceX rocket explodes minutes following launch
by Norhan Adelby Norhan AdelNews SpaceX’s rocket designed to go on a round-the-world trip exploded Thursday exploded four minutes following its …
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Industry & TradeInternational NewsNews
Gulf of Mexico drilling harmful beyond estimations – study
by Norhan Adelby Norhan AdelNew research found the climate impact of oil and gas production in Gulf of Mexico is twice …
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The British energy giant BP PLC reported a second-quarter loss due to a multibillion-dollar charge relating to …
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Industry & Trade
U.S.: BP to pay $20 billion in fines for 2010 oil spill
by Yomna Yasserby Yomna YasserBP Plc will pay more than $20 billion in fines to resolve nearly all claims from its …
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forex news
Oil Prices stabilize after early falls as Markets eye U.S. Storm, Saudi Strikes
by Noha Gadby Noha GadOil prices stabilized after early falls on Monday as a storm that could impact Gulf of Mexico …
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A U.S. federal appeals court said on Friday BP Plc deserves the right to appellate review of …
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Apache Corp. APA +3.38% struck a deal with China Petroleum & Chemical Corp. (0386.HK, 600028.SH, SNP), or …
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forex news
Exxon Mobil-Rosneft Deal Signed To Develop Arctic Reserves
by Yomna Yasserby Yomna YasserRosneft and Exxon Mobil have signed a partnership deal, which will see them work together to develop …
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BP Plc. has reached an estimated 7.8 billion dollar deal with businesses suing the company over the …