Mexican state-owned oil firm Pemex is set to have a wider berth to operate jointly with private companies under a bill sent to Congress on Wednesday, loosening restrictions implemented by the previous ...

Oil prices retreated on Tuesday after U.S. President Donald Trump agreed to hold off imposing steep tariffs on Mexico and ...

Five sources with knowledge of the situation said that the team of Mexican billionaire Carlos Slim and the state energy company ...

Oil prices retreated on Tuesday as U.S. President Donald Trump paused for a month a decision on steep tariffs on Mexico and Canada, the United States' biggest foreign oil suppliers, while prospects of ...

A bill that was sent to Congress Wednesday will allow Pemex, the state-owned Mexican oil company, to work with private companies.

The flow of seaborne oil fell sharply in January, led by a plunge in shipments from Mexico and Brazil. The two nations’ ...

Despite Trump’s push for increased oil production, U.S. energy companies remain cautious, waiting for higher prices.

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...

Refiners are awaiting clarity and preparing for U.S. President Donald Trump's threatened tariffs on crude imports from Canada and Mexico. Trump said on Friday that he would lower threatened tariffs on ...

Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal ...

NEW YORK (Reuters) - Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as those coming in from Mexico and Canada.