Oil prices reduced earnings by about $1 billion while gas contributed another $500 million hit when compared to the first quarter, ExxonMobil in a statement Monday, noting that a volatile quarter for commodity prices has weighed on second-quarter profits. SourceContinue Reading

Environmental advocate group Greenpeace has spoken out against the African Energy Chamber (AEC) and Africa’s energy sector, citing the continent’s efforts to accelerate development as a coordinated attack on the right to dissent, the AEC said on Monday. SourceContinue Reading

Oil Markets Are Tighter Than They Look | OilPrice.com Neil Crosby Neil Crosby is an experienced energy market and commodity analyst, specialising in crude oil, oil products, biofuels, and carbon. With roles at OilX and JBC… More Info Premium Content By Neil Crosby – Jul 07, 2025, 5:00 PM CDT Diesel spreads and refinery margins...Continue Reading

Beyond the Numbers: A Look at Global Carbon Footprints | 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 07, 2025, 4:00 PM CDT Carbon emissions are...Continue Reading

Eni’s CEO met with the Algerian President on Monday to discuss the company’s activities in the country, including gas production and future investments. During the visit, Eni and its partner Sonatrach signed a new hydrocarbons contract for the Zemoul El Kbarunder area worth an estimated $1.35 billion. SourceContinue Reading

New U.S.-China Trade Framework Resets Rare Earth Logjam | 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 07, 2025, 3:00 PM CDT The US and China...Continue Reading

Oil Climbs 2% as Houthi Rebels Hit Second Greek Vessel in Red Sea | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 07, 2025, 2:50 PM CDT A Greek-operated bulk carrier was attacked in the Red Sea on Monday in the second Houthi strike on...Continue Reading

bp Plc has appointed Simon Henry, a longtime Shell veteran, to its board of directors as the UK energy giant seeks to expand its oil and gas expertise. Henry left Shell in 2017 after 35 years during which he held the role of chief financial officer and board member. SourceContinue Reading

Iraq Lifts Oil Output by 80,000 bpd Across Three Key Fields | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 07, 2025, 2:30 PM CDT Iraq’s Dhi Qar Oil Company has raised oil production by a combined 80,000 barrels per day across three strategic southern...Continue Reading

Octopus Energy CEO Slams “Gaslighting” in UK Power Market Debate | 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 07, 2025, 2:00 PM CDT Octopus Energy...Continue Reading