Oil & Gas

Brazil could soon become the latest member OPEC after its energy minister announced that discussions are set to begin regarding the country joining the global oil cartel. Bento Albuquerque said that talks would begin during a visit to Saudi Arabia - the group’s de facto leader...

Mexico’s state-run oil company Pemex announced on Friday the discovery of an oil field that could generate 500 million barrels of crude, making it the country’s biggest oil find in over 30 years. Pemex first discovered the Quesqui field, a 3P reserve, in the Southeastern state...