Exclusive: Mexico’s Pemex destroyed resources worth $342 million from two top fields

MEXICO CITY, Jan. 18 (Reuters) – Mexico’s state-owned oil company Pemex has illegally burned hydrocarbon wells worth more than $342 million at two of its major new fields in the…

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OPEC extends control of oil markets as shale growth grinds to a halt

After a decade of exponential growth, the US shale field is no longer the swing producer in global markets. That role is now back in the hands of OPEC and…

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