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OPEC+ Extends Output Cuts as Market Remains Stable
By MBN Staff - Tue, 11/04/2025 - 12:44
Eight OPEC+ countries will reduce oil production by 137Mb/d in December, maintaining supply discipline amid steady market and economic conditions.
https://mexicobusiness.news/tag/kazakhstan
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Putin Acknowledges Russian System Shot Down Azerbaijan Jet
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Putin admits Russian missile defense systems downed an Azerbaijan Airlines jet in Dec. 2024, killing 38 people en route from Baku to Grozny
OPEC+ to Increase Oil Production in September
By MBN Staff - Tue, 08/05/2025 - 12:47
The decision follows a virtual meeting held on Aug. 3, 2025, to review global market conditions.
OPEC+ Accelerates Cut Unwind but Market Remains Tight
By MBN Staff - Fri, 07/11/2025 - 15:43
Despite OPEC’s faster unwinding, oil market indicators continue to suggest the physical market remains tight.
Slim Calls for PEMEX Rescue: The Week in Oil and Gas
By MBN Staff - Thu, 07/10/2025 - 11:12
Carlos Slim has called for greater private sector participation to help rescue state-owned oil company PEMEX.
OPEC+ Nations Increase Oil Production
By MBN Staff - Tue, 07/08/2025 - 09:01
Eight OPEC+ countries, including Saudi Arabia and Russia, met virtually to announce a production adjustment of 548Mb/d for August 2025.
Chevron to Cut 15-20% of Its Workforce
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Chevron is streamlining operations with a 15-20% workforce reduction by 2026.
PEMEX Transforming: The Week in Oil and Gas
By Perla Velasco - Thu, 11/07/2024 - 16:07
PEMEX, a public company once again, will focus on boosting reserves and is opening up to private collaboration.
OPEC Announces Cuts as Oil Prices Hike
By Perla Velasco - Tue, 11/05/2024 - 11:47
Ahead of the 2024 US elections, oil prices increased by about 3% following another OPEC oil production cut.
SpaceX's Failed 2023 Launch Sparks Debate on Environmental Impact
By Óscar Goytia - Wed, 07/03/2024 - 14:24
The explosion of SpaceX's Starship rocket in Texas, has reignited a conversation about the environmental impact of space exploration