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Pemex production at Mexico refineries up

  Bloomberg Pemex is producing more gasoline and diesel at its six refineries across Mexico, reducing fuel imports and leaving less oil available for export. In the first three months of the year, Mexico’s refineries processed 21 percent more crude than a year earlier, according to a company presentation. The increase has largely come from crude that was previously being ...

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Petronas new LNG facility to be operational in 2020

  KUALA LUMPUR / Reuters Malaysian state-owned oil firm Petroliam Nasional Bhd said on Sunday its second floating liquefied natural gas (LNG) facility will be operational in 2020. Petronas loaded its first cargo from the Petronas Floating LNG (PFLNG) 1 in east Malaysia last month, becoming the first company to produce LNG from a floating production unit. The second one ...

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Chinese tech investments spur huge returns for ETF

  Bloomberg Take China and technology, put them together, and what do you have? One of the best performing exchange-traded funds in the world. The tiny $48 million Emerging Markets Internet and E-commerce ETF, or EMQQ, is up 32 percent this year, putting it among the 30 top returning equity ETFs worldwide. The fund is just a fraction of BlackRock ...

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