August
PIF-Backed ACWA Power to Seek Over $1 Billion in Saudi IPO
Saudi Arabia’s ACWA Power International is close to announcing an initial public offering to raise more than $1 billion, according to people familiar with the matter.
Pemex Is Buying a U.S. Refinery That Lost $360 Million This Year
The Texas oil refinery that Petroleos Mexicanos is buying has racked up a rare net loss of about $360 million this year, adding to the challenges Mexico faces in seeking energy independence.
Oil Heads for Biggest Monthly Loss This Year Before OPEC+ Meet
Oil headed for the biggest monthly loss since October as investors weighed the prospect of additional OPEC+ production and the restoration of crude output in the U.S. after Hurricane Ida.
