Politics, Business & Culture in the Americas

Pemex Is at a Crossroads

Mounting debt and declining production have put the state-owned oil company on a precarious path.

Oil Rig

Uruguay Oil Investment Bucks Global Pullback

After decades of standing by as neighbors Brazil and Argentina struck it rich in oil, Uruguay is getting into the action. Oil majors Total, ExxonMobil and Statoil are all making big investments in the tiny South American country, attracted by new projections that Uruguay may hold an “elephant” of an oil field. Problem is, with oil … Read more

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