Wednesday , 17 December 2025

Recent Posts

Pemex chief looks to $2.6 billion deal with Mitsui to spur recovery

Bloomberg With its money-losing refineries producing the least fuel in 27 years and only a handful of private partnerships announced since Mexico’s energy reforms, sealing a $2.6 billion venture with Mitsui & Co. will come as a relief to Petroleos Mexicanos. Pemex is a few months away from closing an agreement for the project with a group led by Mitsui …

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Bakken oil rises again in shadow of mighty Permian

Bloomberg The Bakken shale is roaring back to life, and Kevin Black sees the evidence almost every day as he looks out the window of his blue Ford F-150 pickup truck. The president of Creedence Energy Services, which provides chemicals for oil wells, Black, 29, drives about two hours to Williston, North Dakota, at the heart of the oil-rich formation, …

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UK banks fearing Brexit have US blueprint to follow

Bloomberg UK politicians pushing for a post- Brexit trade deal on financial services are trying to stem an exodus of bankers from the City of London. For British banks, the stakes aren’t quite as high. A UK withdrawal with no preferential access to the single market would result in declining tax revenue and the potential loss of 75,000 finance jobs …

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