A London industry showcase scheduled for July 30 will highlight investment opportunities across Venezuela’s oil and gas sector ahead of Venezuela Energy Week 2026, bringing together investors, operators and energy executives to discuss upstream development and commercial opportunities. SourceContinue Reading

India Proposes Stricter Vehicle Emission Rules To Cut Oil Consumption | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Jul 17, 2026, 1:30 PM CDT The Indian government has proposed stricter fuel efficiency regulations for passenger vehicles under the...Continue Reading

New Jersey Bets Big on Small Nuclear Reactors | OilPrice.com Haley Zaremba Haley Zaremba is an energy journalist and researcher with more than a decade of professional experience covering global energy systems, land and natural resources, and… More Info Premium Content By Haley Zaremba – Jul 17, 2026, 1:00 PM CDT New Jersey has approved...Continue Reading

ConocoPhillips (NYSE:COP) agreed to acquire a 42% stake in BP Plc’s (NYSE:BP) development subsidiary covering four major oilfields in the Kirkuk region of northern Iraq, with the partnership aiming to rehabilitate and optimize production at a cost of ~$25 billion. The deal brings ConocoPhillips back to Iraq for the first time in over a decade,...Continue Reading

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 588, up 44 from this same time last year. The number of active oil rigs rose by 7,...Continue Reading

Carlyle Group Chief Strategy Officer, Jeff Currie, has declared that the global oil market’s “illusion of abundance” has vanished, warning that the market has rapidly transitioned from a standard supply deficit into a structural energy shortage. According to the former head of commodities research at Goldman Sachs, the real signal of a market deficit comes...Continue Reading

Oil Markets Ignore Mounting Risks at Their Own Peril | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – Jul 17, 2026, 11:19 AM CDT Escalating U.S.-Iran hostilities,...Continue Reading

Fluor has agreed to sell its equity stake in the ICA-Fluor Daniel joint venture to partner ICA for $175 million, ending a more than 30-year partnership that supported oil and gas, power, mining and industrial projects across Mexico. SourceContinue Reading

PETRONAS Carigali has signed a third joint development agreement with Tridiagonal.ai and IBM Malaysia to expand its TriCipta AI initiative, advancing AI-driven production optimization, maintenance reliability and asset integrity across upstream operations. SourceContinue Reading

The Armenian government approved a bill on July 16 to formalize the country’s role in the development of the Trump Route for International Peace and Prosperity, or TRIPP, which is envisioned as a key node in the emerging Middle Corridor trade network. The bill affirms the development guidelines specified in a framework agreement signed by US and...Continue Reading