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Exclusive Mexicos Pemex Chose Japans Mitsui To Complete Tula Coking Plant -sources

MEXICO CITY – Mexican state oil company Pemex [PEMX.UL] has chosen Japanese conglomerate Mitsui as its partner for a $2.6 billion coking plant project at its Tula...

Us Oil Industry Set To Break Record Upend Global Trade

HOUSTON – Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day – toppling a record set in 1970 and crossing a...

Legendary Us Investor Boone Pickens Closes Energy Hedge Fund After Setbacks

(Paragraph 6 of this JAN. 12 story has been corrected after HSBC said the Andurand Commodities Fund gained 2.2 pct in 2017, instead of losing 4.47 pct) By Jessica...

Fields Of Gold Jana Seeks New Money Allies With Impact Hedge Fund

BOSTON – Wall Street investor Barry Rosenstein’s new impact investing fund aimed at serving environmental and social causes could, if he plays his cards...

Former Wto Goldman And Bp Chief Peter Sutherland Dies At 71

DUBLIN – Former World Trade Organization director general Peter Sutherland, who was also a long-serving chairman of oil giant BP (BP.L) and the overseas arm of...

Investors Sense Opportunities In Big Oil -but Mind The Gap

LONDON – Investors are gaining confidence – up to a point – that 2018 will be the year of oil stocks. While shares in top energy companies have risen...

Tortilla Gasoline Prices Unnerve Mexicans As Election Year Begins

MEXICO CITY – Mexico’s government on Wednesday denounced forecast price hikes by fuel retailers and tortilla makers, saying increases were unjustified as it...

Column Hedge Funds Gamble Opec Will Tighten Oil Market Too Much -kemp

LONDON – Hedge funds are the most bullish about oil prices in years, expecting further gains even as prices touch multi-year highs and ignoring the risk linked to...

Bp Sets 15 Billion Charge For Us Tax Changes But Sees Long-term Boost

LONDON – Oil giant BP (BP.L) will take a one-off $1.5 billion charge to adjust to new U.S. tax rules, but expects a long-term boost from the corporate-friendly tax...

Bp Takes 15 Billion Hit Over Us Tax Changes Joining Shell

LONDON – Oil giant BP (BP.L) will take a one-off $1.5 billion charge to adjust to new U.S. tax rules, joining rival Royal Dutch Shell and other companies, but...