ExxonMobil CEO Darren Woods blasted the EU’s new Corporate Sustainability Due Diligence Directive, calling it “bone-crushing” for upstream operators. The law, set for full rollout by 2029, would mandate binding net-zero plans across global supply chains and fine violators up to 5% of global revenue. SourceContinue Reading

CEO Woods: Exxon Has No Plans to Return to Russia | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 18, 2025, 11:30 AM CDT ExxonMobil doesn’t plan a return to the Russian oil industry, the U.S. supermajor’s chief executive Darren Woods told the Financial Times...Continue Reading

A new IEA report warns that accelerating oil and gas field decline rates could remove the equivalent of Brazil and Norway’s combined production each year without continued upstream investment, raising concerns for energy security and market balance. SourceContinue Reading

Emerson has launched AspenTech Subsurface Intelligence™ (ASI), a new AI-powered, cloud-native platform designed to transform upstream decision making and collaboration across the oil and gas industry. SourceContinue Reading

FutureOn has launched major upgrades to its FieldTwin platform, introducing advanced visualization, reporting, and AI-powered FieldTwin Intelligence to accelerate offshore subsea project design and operations. SourceContinue Reading

TAQA UK has awarded offshore contractor Allseas a major contract to decommission the Brae Alpha platform topsides in the Central North Sea, marking another milestone in one of the UK’s largest offshore decommissioning programs. SourceContinue Reading

IMI has successfully delivered what are believed to be the largest production choke valves ever manufactured to a landmark unmanned processing platform in the North Sea.  SourceContinue Reading

Russia’s revenues from oil and gas are expected to plunge in September by 23% from a year earlier, as international crude prices have declined and the Russian currency has strengthened, calculations by Reuters showed on Thursday.  The decline is not good news for Russia, which is currently planning its 2026 budget and continues to spend...Continue Reading

Ukraine Strikes Deep Into Russia as Energy War Escalates | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Sep 18, 2025, 10:30 AM CDT Ukraine launched fresh drone attacks on Russian energy assets Thursday, hitting two refineries including Gazprom’s giant Neftekhim...Continue Reading

Is Russia Weaponizing Natural Gas Against Armenia? | 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 – Sep 18, 2025, 10:00 AM CDT Gazprom announced a 10-day suspension of gas...Continue Reading