oil

International prices for Mexican oil rise

Published on: June 3, 2021
11:01

Mexico, Jun 3(Prensa Latina) Mexico's oil production for export rose 96 cents (1,49 percent), to 65.36 dollars per barrel, according to statistics from Pemex (Petroleos Mexicanos).

Venezuela reiterates support for OPEC’s oil adjustments

Published on: June 1, 2021
13:13

Caracas, Jun 1 (Prensa Latina) The sectorial vice president for the Economy, Tareck El Aissami, noted on Tuesday that Venezuela will continue to support the adjustments implemented by the Organization of Petroleum Exporting Countries (OPEC).

Mexico announces buyout of oil refinery in Texas

Published on: May 25, 2021
08:22

Mexico, May 25 (Prensa Latina) Mexico´s President Andrés Manuel López Obrador coinfirmed that Royal Dutch Shell has agreed to sell its controlling interest in the Deer Park refinery in Houston, Texas, to its partner Mexican state-run oil company Pemex.

Major oil exporting countries increase pumping

Published on: May 12, 2021
00:15

Vienna, May 12 (Prensa Latina) The Organization of the Petroleum Exporting Countries (OPEC) reported that their joint production increased to 25.08 million barrels a day (mbd) in April.

Government of Mexico: PEMEX alliances are ‘working well’

Published on: April 29, 2021
10:38

Mexico, Apr 29 (Prensa Latina) The alliances of Petróleos Mexicanos (PEMEX) with private companies are working well and demonstrate trust in the government, said Hector Moreira of the National Hydrocarbons Commission (CNH) of Mexico.

Oil hits one-month highs as IEA, OPEC raise forecasts

Published on: April 16, 2021
09:06

New York, Apr 16 (Prensa Latina) Oil prices rose on Thursday to the highest level in nearly a month, after jumping 5% in the previous session, driven by increased demand forecasts from the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) as major economies recover from the pandemic.

OPEC raises 2021 oil demand growth prediction on hope pandemic wanes

Published on: April 15, 2021
00:15

Vienna, Apr 15 (Prensa Latina) The Organization of Petroleum Exporting Countries (OPEC) raised its prediction for growth of the world oil demand this year on expectations that the pandemic will subside, providing help for the group and its allies in their efforts to support the market.

Saudi Arabia signs agreement to provide oil grant to Yemen

Published on: April 14, 2021
11:15

Riyadh, Apr 14 (Prensa Latina) The Saudi Development and Reconstruction Program for Yemen (SDRPY) has signed an agreement to supply oil derivatives to operate more than 80 power stations with the Yemeni government.

Egypt favors natural gas for its vehicle fleet

Published on: April 9, 2021
15:24

Cairo, Apr 9 (Prensa Latina) The national project to expand the use of cars operating with natural gas is being successful, Tariq Al-Mulla, minister of Oil and Mineral Resources of Egypt, said on Friday.

Oil prices close higher

Published on: April 7, 2021
08:17

New York, Apr 7 (Prensa Latina) Oil prices closed higher on Tuesday driven by positive economic information from US and Chinese service sectors in March.

NEWS