All oil articles
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ArticleDOJ charges Texas businessmen in alleged bribery scheme over PEMEX oil contracts
The Department of Justice says two Mexican businessmen living in Texas allegedly bribed Mexican officials to secure $2.5 million in contracts with Petróleos Mexicanos, Mexico’s state-owned oil company, and a subsidiary.
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ArticleOFAC cracks down on Iran’s oil trade with new sanctions sweep
More than 50 people and 50 ships connected to a top Iranian official were added to the U.S. Treasury’s sanctions list on Wednesday, according to the Office of Foreign Assets Control.
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ArticleProgress in extractive mining disclosures emerges, even as U.S. backs away
A new survey on oil, gas, and mining companies by Oxfam finds they are increasingly adopting full contract disclosure policies, despite governmental protestations. Nevertheless, it cautions, more work remains.