Finance and Investment News

The latest upstream oil and gas news from around the world.
  1. Pemex, the world's most indebted oil company, will refrain from issuing new bonds this year.
  2. US independent PetroQuest Energy emerges from Chapter 11 bankruptcy.
  3. Kuwait Petroleum Corp. is reassessing plans to spend about $500 billion in capital investment and may decide this year to combine its eight business units.

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