BHP in talks to sell petroleum business to Australia’s Woodside

BHP Group Ltd BHP.AX is in talks to sell its petroleum business to Australia’s top independent gas producer Woodside Petroleum Ltd WPL.AX in exchange for shares, the companies confirmed

Mexico’s proven oil reserves up 2% to reach more than 8 bln barrels

Mexico’s oil regulator said the country’s total proven oil reserves as of Jan. 1 stood at 8.062 billion barrels of oil equivalent (boe), up 2.1% from a year earlier

Mexico’s Pemex narrows losses in second quarter, but debt rises

Mexico’s Petroleos Mexicanos (Pemex) reduced losses during the second quarter even as crude prices fell during the coronavirus pandemic, the national oil company said