Pemex

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Mexico Blames Fatal Blast on Gas Buildup, Not Bomb

No evidence of bombing in explosion that killed 37

(Newser) - A gas buildup ignited by an electrical spark or other heat source caused the blast that killed 37 people and wounded dozens of others last week at the state oil company's Mexico City headquarters, Mexico's attorney general says. Investigators are still looking for the source of the gas,... More »

25 Dead in Mexico City Blast

Scores more injured in explosion at oil company Pemex

(Newser) - An explosion at the main headquarters of Mexico's state-owned oil company in the capital today killed 25 people and injured 101, officials say; 46 remain hospitalized. The blast occurred in the basement of an administrative building next to the iconic, 52-story tower of Petroleos Mexicanos, or Pemex, in Mexico... More »

Oil Rises to Record High, Again

Breaks $93 a barrel on news of Mexican storm

(Newser) - Oil prices topped $93 today, breaking another record on news that Mexican production would drop by 20% due to a storm. "This is on top of what has already been simmering,” said an analyst in Singapore. Prices have been breaking records for a week due to US-Iran tensions... More »

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