Mexico on Monday completed a $12 billion debt offering that will support state-owned Petroleos Mexicanos, the world’s most indebted oil major. Also on Monday, Pemex reported net income of $3.2 billion for Q2, its first profit in more than a year. SourceContinue Reading
The U.S. Is Falling Behind in the Global EV Race | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Jul 28, 2025, 5:00 PM CDT Tesla posted its sharpest revenue and delivery drop in over a decade, as Elon Musk warns...Continue Reading
Enterprise Products Partners LP, one of the largest pipeline operators in the Permian Basin, sees oil production in the region holding up this year despite an expected drop in crude prices. SourceContinue Reading
Weatherford has been awarded a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by Woodside Petróleo Operaciones de México, S. de R.L. de C.V. SourceContinue Reading
Aramco has launched a joint effort with Cloudera to build AI-powered applications that drive growth in Saudia Arabia’s digital oil and gas sector. The companies will collaborate on AI initiatives for workforce development, R&D, operational efficiency and more. SourceContinue Reading
The U.S. Nuclear Regulatory Commission on Thursday granted multiple licensing and regulatory approvals necessary for the 800-MW Palisades nuclear plant in Michigan to restart operations later this year. Palisades is now authorized to receive new fuel and formally transition licensed reactor operators to on-shift status, Holtec International said in a statement. The company is leading the effort to...Continue Reading
U.S. EV Makers Pivot to Energy Storage as Trump Targets Incentives | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Jul 28, 2025, 3:00 PM CDT BloombergNEF...Continue Reading
Trump Clears Alaska’s Oil Path—Again | 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 – Jul 28, 2025, 2:30 PM CDT The Trump administration has formally scrapped a trio of policy documents that...Continue Reading
Venture Global has reached final investment decision and successful closing of the $15.1 billion project financing for the first phase of the company’s third project, CP2. This milestone represents the largest standalone project financing ever. SourceContinue Reading
How Iceland Could Become the EU’s Newest Member | 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 – Jul 28, 2025, 2:00 PM CDT Iceland is considering holding...Continue Reading
