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July 16, 2025
India’s GAIL in Early Talks for Long-Term Purchase From Alaska LNG | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 16, 2025, 11:30 AM CDT State-controlled natural gas firm GAIL (India) Ltd has started discussions about buying liquefied natural gas from the proposed $44-billion Alaska...
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Researchers from three respectable universities (Durham, Oxford, and Toronto) just issued a paper that lays out a guide to exploring for underground hydrogen deposits and also claims that the planet’s reserves, theoretically, could supply all energy needs for so many years that you would write off the number as delusional hyperbole if we repeated it....
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TotalEnergies Says Lower Oil and Gas Prices Will Weigh on Q2 Profit | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Jul 16, 2025, 10:30 AM CDT TotalEnergies expects lower earnings in its upstream and LNG divisions for the second quarter...
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Seatrium Limited has announced the impending delivery of the P-78, the first of a series of turnkey FPSOs to Brazil’s Petrobras. Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest global deepwater oil field. Source
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Venture Global and Itay’s Eni today announced the execution of a new Sales and Purchase Agreement (SPA) for the purchase of 2 MMtpa of liquefied natural gas (LNG) from CP2 LNG, Venture Global’s third project, for 20 years. This deal marks Eni’s first ever long-term agreement with a U.S. LNG producer. Source
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Crude oil inventories in the United States decreased by 3.9 million barrels during the week ending July 11, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 422.2 million barrels according to government data, which is still 8% below the five-year average for this...
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UK Revives Electric Car Grant but With Strict Limits | 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 Related News By City A.M – Jul 16, 2025, 9:30 AM CDT The UK government...
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EnQuest has been awarded a Production Sharing Agreement (PSA) for Block C in Brunei by the Petroleum Authority of Brunei Darussalam (PABD). Block C is located offshore Brunei Darussalam and hosts the condensate-rich gas discovered fields of Merpati, Meragi and Juragan.  Source
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SLB has completed its previously announced $7.8 billion acquisition of ChampionX, enhancing its oil production and recovery portfolio. The announcement follows a period of regulatory delays amid competition concerns, with the final regulatory hurdle being cleared yesterday by UK’s Competition and Markets Authority. Source
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Biggest U.S. Grid Operator Issues Alert for July 16 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jul 16, 2025, 8:30 AM CDT PJM Interconnection, the operator of the largest...
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