Rare Earths Supply Chain Strains Persist Despite Trade Truce | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – May 23, 2025, 4:00 PM CDT Despite a temporary...Continue Reading

Mexico’s state oil company Petroleos Mexicanos is discussing plans to slash over 3,000 jobs in a proposed corporate restructuring that is expected to save the company millions as the indebted driller and refiner tries to shore up its finances and boost production. SourceContinue Reading

G7 Finance Ministers Consider Stepped-Up Sanctions Against Russia | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – May 23, 2025, 2:00 PM CDT G7 finance ministers have...Continue Reading

A high-stakes arbitration kicks off Monday in London that could make or break Chevron’s $53 billion bid to acquire Hess Corp—and with it, a coveted 30% stake in Guyana’s booming Stabroek Block. ExxonMobil and CNOOC, Hess’s partners in the block, claim they have a right of first refusal on that stake, arguing the Chevron-Hess deal...Continue Reading

The total number of active drilling rigs for oil and gas in the United States came crashing down this week, according to new data that Baker Hughes published on Friday, following a 6-rig decrease last week. The total rig count in the US fell by 10 to 566 rigs, according to Baker Hughes, down 34...Continue Reading

South Africa Launches Oil Giant to Revive Energy Sector | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 23, 2025, 11:29 AM CDT South Africa has officially launched the South African...Continue Reading

Kazakhstan Expects to Top Its Oil Output Plan in Defiance of OPEC+ | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 23, 2025, 11:00 AM CDT Kazakhstan is poised to exceed its 2025 oil production target of 96.2 million tons due to increased output from...Continue Reading

Suriname Votes for President Who Will Oversee Newly-Found Oil Wealth | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 23, 2025, 10:30 AM CDT Suriname, the South American nation hoping to replicate Guyana’s oil boom, is voting on Sunday in presidential and general elections to...Continue Reading

U.S. President Donald Trump criticized the UK’s approach to taxing North Sea oil and gas, saying it discouraged drilling and raised energy prices.  SourceContinue Reading

Trump’s EU Tariff Threat Puts Oil Prices Under Pressure | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – May 23, 2025, 10:07 AM CDT Trump’s threat to place a 50% tariff on the EU has renewed demand concerns in oil markets,...Continue Reading