ExxonMobil released a formal statement on Friday following a ruling by the International Chamber of Commerce (ICC) Tribunal related to its contractual dispute with Hess Corporation over interests in the Stabroek Block offshore Guyana. SourceContinue Reading

Tariffs and Interest Rates Squeeze Construction Budgets | 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 – Jul 18, 2025, 2:00 PM CDT The US construction industry is...Continue Reading

ExxonMobil released a formal statement on Friday following a ruling by the International Chamber of Commerce (ICC) Tribunal related to its contractual dispute with Hess Corporation over interests in the Stabroek Block offshore Guyana. SourceContinue Reading

SLB, the world’s largest oil-services provider, sees resiliency in the industry and remains constructive about the second half of 2025 despite uncertainties in customer demand. SourceContinue Reading

bp Plc has agreed to sell its U.S. onshore wind business to LS Power, as the company continues efforts to pivot back toward its core oil and gas business and reverse years of share underperformance. SourceContinue 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, following a string of losses for US drillers. The total rig count in the US rose by 7 to 544 rigs, according to Baker Hughes, down 42...Continue Reading

Houthi Attacks Trigger Unpaid-Debt Shutdown of Israel’s Eilat Port | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 18, 2025, 11:30 AM CDT Israel’s only Red Sea port at Eilat is on the verge of a full commercial halt as municipal authorities freeze the operator’s...Continue Reading

Mexico’s Water Crisis Could Undermine Its Clean Energy Plans | 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 18, 2025, 11:00 AM CDT Mexico plans a...Continue Reading

NEOM’s Future Hangs in Balance as Riyadh Tightens Fiscal Belt | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 18, 2025, 10:30 AM CDT Saudi Arabia is reassessing the scope and timeline of its $500-billion NEOM initiative, according to Bloomberg and CNBC, with officials reportedly...Continue Reading

Oil Prices Climb After the EU Imposes New Sanctions on Russia | 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 18, 2025, 9:41 AM CDT Oil prices moved higher on Friday morning after the EU agreed to an 18th package...Continue Reading