RIYADH / Reuters Saudi Arabia has invited US firms to take part in developing its civilian nuclear power programme, Energy Minister Khalid al-Falih said on Monday, adding the kingdom was not interested in diverting nuclear technology to military use. Reuters has reported that Westinghouse is in talks with other US-based companies to form a consortium for a multi-billion-dollar project to ...

Bloomberg From oil majors to trading companies to pipeline operators, US companies are jumping at the chance to supply a newly free Mexico fuel market. After years of preparation, Mexico finished liberalizing prices for gasoline and diesel across the country. Foreign companies were allowed to start moving fuels in April last year, but now consumers’ costs will be more closely ...

Bloomberg Don’t expect Big Shale to rush and fill the hole left by OPEC in the oil market. Executives from three of the biggest independent US drillers say they won’t increase activity just because prices rise after the Organization of Petroleum Exporting Countries and its allies agreed to extend output curbs. The emphasis, instead, will be on maintaining spending discipline ...