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 ...

China said it was imposing 10% tariffs on American crude oil, agricultural machinery, large-displacement cars and pickup trucks. There will also be 15% tariffs on coal and liquefied natural gas ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

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

Mexico’s state oil company requires a shakeup followed by debt relief, not just management improvements and efficiency gains.

NEW YORK (Reuters) -Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, as the market digested U.S. President Donald Trump ...

(Bloomberg) -- Oil edged higher after a volatile session as US President Donald Trump’s tariffs on Mexico were delayed by a month and investors assessed the levies’ potential to slow global ...

Thailand’s national upstream company PTTEP is pulling the plug on exploration offshore Mexico as it streamlines its ...

Americans buy about $1.5 trillion worth of goods and services from Canada, Mexico and China. Canada alone exported about $100 billion in oil and gas to the United States last year. While Trump ...

President Trump said he would speak Monday morning with the leaders of Canada and Mexico after imposing ... purchase large quantities of American oil and gas to make up for its growing deficit ...

Meanwhile, the trade deficit with Mexico stood at $131.1 billion in 2022, a 24% increase over 2021. A lower tariff of 10% was set for Canadian energy, including natural gas and oil. Trump also has ...