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Norway’s Statoil assesses future projects with Mexico’s Pemex

MEXICO CITY / Reuters Norway’s Statoil will evaluate new offshore projects in Mexico, including potential tie-ups with state oil company Pemex, the firm’s top executive said, adding that a first deepwater well in an existing Gulf project will likely be drilled next year. Statoil is focussed mostly on future deepwater opportunities in Mexico but does not rule out others, CEO ...

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Mercuria set to take stake in ChemChina’s refining system

LONDON / Reuters Global energy trader Mercuria Group has agreed to take an interest in the oil refining system of China’s ChemChina, sources familiar with the matter said. As part of the deal, state-run ChemChina would increase its stake in Mercuria, one of the world’s largest oil trading firms. ChemChina already holds a 12 percent stake in the Swiss-based company ...

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Japan protesters call for ‘liar’ Abe to resign over scandal

Bloomberg Tens of thousands of people joined a demonstration outside Japan’s parliament, in a sign of growing public anger over cronyism scandals engulfing Prime Minister Shinzo Abe. Organisers say about 50,000 people attended this weekend’s rally in Tokyo — the biggest in nearly three years. Protesters, many young, held up signs calling Abe a “liar” and seeking his resignation. The ...

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