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Category Archives: Markets

Pipeline hit by ‘sabotage’

A major fuel pipeline that supplies Mexico City remained closed after suffering two ruptures in a single day, the president said on Friday, as the government works to stem shortages that have frustrated motorists and triggered economic risk. President Andres Manuel Lopez Obrador’s offensive against

Petrobras CEO pushes to oust board members

The new chief executive of Brazil’s Petroleo Brasileiro SA (PETR4.SA) is pushing for the ouster of two of the state-controlled oil company’s board members, three people with knowledge of the matter said on Friday. Roberto Castello Branco is seeking the resignation of two Petrobras board