Petroleos Mexicanos’s plans last year included joint ventures and higher oil production. For 2016, that’s turned into job cuts and asset sales as it tries to weather the worst downturn Continue Reading
A key gauge of Brazil’s public finances, the primary fiscal deficit, ballooned in November to one of the worst levels since records began. In a stark illustration of the challenges Continue Reading
China will continue improving its energy consumption structure and efficiency in 2016, a senior energy official said Tuesday. China will lift the ratio of consumption of non-fossil fuels among total Continue Reading
Rigzone surveys oil and gas experts on a variety of issues expected to confront the industry during the next 12 months. As we move toward the conclusion of a difficult Continue Reading
China’s government is promising “jobs for the boys” after ordering state-owned enterprises to employ some of the 300,000 soldiers who are being laid off as part of an ambitious modernisation Continue Reading
A woman walks through an underpass during heavy pollution in Beijing. Beijing advised children and the elderly to stay indoors today after pollution levels in the Chinese capital reached “heavy” Continue Reading
China expects its energy consumption to grow in 2016, the official Xinhua news agency of the world’s largest energy consumer said on Tuesday. China’s apparent demand for crude oil will Continue Reading
Nine large copper smelters in China have agreed to cut sales of spot metal by as much as 200,000 tonnes in the first quarter of 2016 to counter low prices, Continue Reading
A cold snap across the United States has natural gas traders hoping that stronger heating fuel demand may help deplete massive gas stockpiles by next spring, a view that has Continue Reading
Canadians are starting to lose faith in their housing market. A gauge of real-estate sentiment dropped by the most in three years last week, according to telephone polling by Nanos Continue Reading
