Government Takes Control of British Steel, Citing National Interest | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Jul 16, 2026, 1:00 PM CDT The UK government...Continue Reading
The European Union has unveiled the Electrification Action Plan, aiming for electricity to account for 46% of total energy consumption within the bloc by 2040, effectively doubling the current rate. Spearheaded by the European Commission, the aggressive policy shift is a direct economic and security response to the energy fallout amid the Middle East conflict....Continue Reading
India Is Becoming the World’s Refining Swing Producer | OilPrice.com Julianne Geiger What I Cover Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and… More Info Premium Content By Julianne Geiger – Jul 16, 2026, 12:00 PM CDT India is emerging as...Continue Reading
Halliburton has secured multi-year contracts from Aramco covering approximately 285 onshore wells in Saudi Arabia, expanding its integrated drilling, completions and workover services in the Kingdom. SourceContinue Reading
Iraq Shuts Down Khor Mor Gas Field Amid Security Threats | 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 16, 2026, 11:30 AM CDT United Arab Emirates’ Dana Gas has suspended operations at all main production facilities in...Continue Reading
The Power Vacuum Creating New Trade Routes Across Eurasia | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Jul 16, 2026, 11:00 AM CDT Russia and Iran are losing...Continue Reading
Iran Instructs Houthis to Prepare Red Sea Shipping Attacks | 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 16, 2026, 10:45 AM CDT Iran has instructed Yemen’s Houthi movement to stand ready to close the Bab el-Mandeb strait,...Continue Reading
Could Somalia See The World’s Next Major Oil Discovery? | OilPrice.com Natalia Katona Natalia Katona is a freelance commodity analyst, based in the United Arab Emirates. More Info Premium Content By Natalia Katona – Jul 16, 2026, 10:00 AM CDT Somalia’s Curad-1 could open one of the world’s most strategically placed frontier oil provinces. Turkey...Continue Reading
The Undisputed Global Oil Superpower | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Jul 16, 2026, 9:00 AM CDT The United States remained the world’s largest...Continue Reading
CB&I has secured a long-term contract from EnQuest to continue serving as duty holder for the Kittiwake platform in the UK North Sea through cessation of production and decommissioning. SourceContinue Reading
