ExxonMobil was recently denied a motion to dismiss a lawsuit that claims it breached a Contingent Resource Payment Agreement (CRPA) it held with InterOil, a company with natural gas interests in Papua New Guinea whom Exxon acquired in 2017. SourceContinue Reading

Shell, Aker BP and Enbridge have all left the SBTi, the leading global standard setter for corporate climate targets. The retreat started late last year after the companies were told that a net zero emissions strategy accredited by SBTi would require them to stop developing new oil and gas fields, the Financial Times reported. SourceContinue Reading

TotalEnergies and Emerson’s Aspen Technology business have announced a strategic collaboration to deploy advanced digital technologies for the continuous, real-time collection of data from TotalEnergies’ industrial sites. SourceContinue Reading

U.S. Gasoline Prices Slide as Imports Surge and Summer Demand Sputters | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jul 22, 2025, 10:30 AM CDT Gasoline prices in the U.S. are...Continue Reading

SLB will deploy its Sequestri™ carbon storage solutions portfolio to construct six carbon storage wells in the North Sea for the Northern Endurance Partnership (NEP), an incorporated joint venture between bp, Equinor and TotalEnergies. SourceContinue Reading

Brent Stuck Below $70 as Trump Faces Trade Deadline Turmoil | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Jul 22, 2025, 10:00 AM CDT Brent crude remains stuck below $70 per barrel as top...Continue Reading

CNOOC Starts Heavy Crude Production at China’s Largest Shallow Oil Field | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 22, 2025, 9:30 AM CDT CNOOC Ltd, China’s top offshore crude oil and natural gas producer, has launched production of heavy crude from its Kenli...Continue Reading

Zelensky Confirms New Peace Talks With Russia in Turkey | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jul 22, 2025, 9:00 AM CDT Zelenskyy confirmed new...Continue Reading

Indonesia Forges $8 Billion Refinery Deal with U.S. Firm | 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 22, 2025, 8:02 AM CDT Indonesia prepares to sign an $8-billion contract with U.S. engineering company KBR Inc to help it build...Continue Reading

The UK government signed on Tuesday the final investment decision to build the $51-billion Sizewell C nuclear power plant, which will help Britain generate more low-carbon electricity.  The final investment decision was made possible after new investors joined the government and French energy giant EDF. The UK will have an initial 44.9% stake to become...Continue Reading