Bloomberg Petroleos Mexicanos announced its biggest onshore discovery in 15 years, just three months after Mexico reported the first major find by private companies, bolstering the nation’s efforts to revive its oil industry. The Ixachi-1 well that lies 72 kilometers (45 miles) south of the port of Veracruz is believed to contain 1.5 billion barrels of oil in place, or ...

Bloomberg Tesla Inc. is installing far less solar power than its SolarCity unit did as an independent company. Tesla installed 109 megawatts of energy-generation systems in the third quarter, according to a statement Wednesday from the Palo Alto, California-based company. That’s down from the 187 megawatts of panels that SolarCity deployed in the same period last year, its final quarter ...

Bloomberg President Donald Trump personally lobbied Saudi King Salman to list the Saudi Arabian Oil Co. on the New York Stock Exchange during a phone call between the world leaders, according to a readout provided by the White House. The call, which came as the president flew from Honolulu to Tokyo, followed the president tweeting his hope that the listing ...