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PEMEX

Tropical Storm Marco hits Mexican coast

Published: Oct. 7, 2008 at 3:14 PM People who read this also read ... MIAMI, Oct. 7 (UPI) -- Tropical Storm Marco came ashore early Tuesday afternoon on the Gulf Coast of Mexico. The storm lost strength, with maximum sustained...

Oil rises toward $90 after steep slide

LONDON (Reuters) - Oil rose by almost $2 a barrel on Tuesday after a large interest rate cut by Australia's central bank aroused hopes that other policymakers would follow suit to stem the credit crisis.

Oil rebounds above $90, focus on possible rate cuts

SINGAPORE (Reuters) - Oil rebounded more than $2 a barrel on Tuesday, recouping some of the previous session's $6 loss, after Australia's interest rate cut sparked guarded optimism global central banks may act to stem the...

Oil rebounds above $88 after 8-month low (Reuters)

Reuters - Oil rebounded above $88 a barrel on Tuesday, recouping some of the $6 losses that sent it to an eight-month low the previous day when investors bet the global economy would slip into recession and demand for fuels...

Pemex Evacuates Gulf Facilities, Shuts-In Production

This afternoon, Pemex enacted its hurricane emergency response program in the northern region of the Company's exploration and production scope, including Veracruz and Nautla, due to Tropical Storm Marco.

UPDATE 2-Oil rises toward $90 after steep slide

Oil rebounds as Australia cuts interest rates * Credit crisis still feared hitting demand * Some OPEC members worried by oil price fall (Previous SINGAPORE, updates prices, adds quote) Oil rose by almost $2 a barrel on Tuesday...

Risk Aversion Slows Following the RBA's largest rate cut in 16 yrs

Forex: Major FX pairs remained rangebound for much of the Asian session before Reserve Bank of Australia delivered a shot heard around the world. In what is rumored to mark the start of a coordinated global easing, Aussie...

Tropical depression forms near Mexico oil fields

Source: Reuters (Adds tropical storm warning) MEXICO CITY, Oct 6 (Reuters) - A tropical depression formed on Monday in the southern Gulf of Mexico in the vicinity of Mexico's main oil production facilities, the U.S ...

Pemex Still Struggling to Restore Oil Production

Pemex is still struggling with oil production issues that forced the company to shut in 250,000 barrels nearly two weeks ago. The episode will erode Pemex's overall production numbers for September and October.

Canal to be dug to save city from flooding

50,000 have already been evacuated from Villahermosa Gilberto Villasana / AFP-Getty Images A resident of Villahermosa, Mexico, on Tuesday looks over sandbags barely keeping back the Grijalva River from flooding downtown....

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