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'This merger unites two top-tier and technology-driven drilling and well completions businesses'.

The Libra consortium, led by Petrobras, Shell plc, and TotalEnergies, has begun production at the FPSO Sepetiba in the Mero field, offshore the Santos Basin in Brazil.

Mewbourne is also required to complete remedial projects expected to cost at least $4.6 million.

Mexico President Andres Manuel Lopez Obrador led a celebration in the capital's main square on the anniversary of the country's 1930s expropriation of the oil industry.

Pemex canceled contracts to supply its flagship Maya crude oil to refiners in the U.S., Europe and Asia

President Lopez Obrador ordered the removal of so-called DUC levies on Pemex for the four months through January.

The government deems its decision to cut Pemex's profit-sharing rate gives the company enough to pay down maturities.

The Sonora government has pledged to 'pave an efficient path' for the building of the project.

ConocoPhillips has signed up for about 2.2 Mtpa of LNG from Mexico Pacific.