Saturday, December 21, 2024
Analysis: President's tough talk masks Mexican concern over energy dispute with U.S.- oil and gas 360

Analysis: President’s tough talk masks Mexican concern over energy dispute with U.S.

Reuters MEXICO CITY – A potentially costly U.S.-led complaint against Mexico’s energy policy has stirred considerable concern inside the Mexican government in spite of President Andres Manuel Lopez Obrador’s defiant attitude, officials and people close to the matter say. Last week, the U.S. Trade Representative demanded dispute settlement talks with Mexico, arguing Lopez Obrador’s drive to tighten state control of

U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks- oil and gas 360

U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks

US News The two largest U.S. oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European majors a day earlier. The U.S. pair, along with UK-based Shell and France’s TotalEnergies, combined to earn nearly $51 billion in the most recent quarter, almost