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Exploration costs eat into Rosneft profits

The Russian oil group posted fourth-quarter results much lower than analysts’ projections after costs in regions such as the Arctic increased in 2012

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Explosion at Mexico’s Pemex HQ kills 25

No immediate cause was given for Thursday’s blast, which damaged several floors of a building next to the 52-storey tower of Petroleos Mexicanos

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Twenty-five killed in blast at Pemex HQ

No immediate cause was given for Thursday’s blast, which damaged several floors of a building next to the 52-storey tower of Petroleos Mexicanos

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