The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will be sent to local refineries, especially the new Olmeca refinery.

In a significant move to curb illegal activities at the U.S. Southwest border, the Financial Crimes Enforcement Network ...

US Marshals were forced to use a battering ram to break down the door of a mansion when they went to arrest an American oil ...

James Laen Jensen, 68, an American oil magnate, and his family have been accused of working with Mexican cartels to smuggle over $300 million worth of crude oil into the United States.

Mexican state oil company Pemex said on Monday that it responded in a timely manner to requests for information from Norway’s ...

Citigroup must defend itself against a revived lawsuit accusing the bank of facilitating and concealing a massive fraud ...

Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash ...

The fund has divested all its Pemex bonds, citing what it described as senior management’s insufficiently proactive approach to combating corruption.