Shell ordered to pause seismic survey offshore South Africa

(Bloomberg) --Royal Dutch Shell Plc has been ordered by a South African court to temporarily halt an offshore seismic survey after local communities took legal action to block the project. The groups on Tuesday were granted an interim interdict that will stand until a ruling can be made on whether further environmental authorization is required,...

Mexico to end oil exports in 2023 in bid to meet its own fuel needs

MEXICO CITY (Bloomberg) --Mexico plans to end crude oil exports in 2023 as part of a strategy by the nationalist government of Andres Manuel Lopez Obrador to reach self-sufficiency in the domestic fuels market. Pemex will reduce crude oil exports to 435,000 barrels a day in 2022 before phasing out sales to clients abroad the following year, Chie...