Why BP Became Target of Biggest Potential Oil Deal in Decades | 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 Premium Content By Tsvetana Paraskova – Jul 01, 2025, 2:00 PM CDT Market chatter about a potential...Continue Reading

The U.S. Senate on Tuesday voted to narrowly approve President Trump’s $3.3 trillion tax and spending package dubbed the ‘One Big Beautiful Bill.’ U.S. energy associations including the API, IPAA, NOIA and EWTC issued separate statements acknowledging the Senate’s decision as a victory for the U.S. oil and gas industry. SourceContinue Reading

The UK’s energy regulator has approved a £24bn investment to upgrade the UK’s energy infrastructure as a part of its green transition. The Office of Gas and Electricity Markets (Ofgem) move comes as the government renews its push for cleaner energy, despite backlash around the impact on prices. Over £15bn is set to be deployed...Continue Reading

LNG Canada has successfully shipped the first export cargo from its newly-constructed facility located in British Columbia, Canada. The plant is the first-of-its-kind in Canada with an annual production capacity of up to 14 million tonnes of LNG. SourceContinue Reading

Russia’s Oil Exports Stagnate as Prices Sink and Sanctions Bite | 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 01, 2025, 12:30 PM CDT Russia’s seaborne crude oil shipments barely budged...Continue Reading

Sustainable Investment Stumbles on Uncertain Pace of Energy Transition | 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 Premium Content By Tsvetana Paraskova – Jul 01, 2025, 12:00 PM CDT A combination of rising costs, geopolitical shifts,...Continue Reading

Momentary price spikes aside, the recent conflict and now uneasy ceasefire between Israel and Iran has done little to alter the trajectory of global oil markets, according to a new analysis by S&P Global Commodity Insights. SourceContinue Reading

Indonesia Wants Drilling Partners to Revive Oil Output from Old Wells | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 01, 2025, 11:30 AM CDT Indonesia’s new energy strategy entails attracting oilfield services providers with the latest technology to help the Southeast Asian country revive...Continue Reading

Russia’s War Economy Faces Imminent Recession | 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 01, 2025, 11:00 AM CDT Top Russian economic officials have acknowledged...Continue Reading

India Launches Cobalt and Copper Exploration in Zambia | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 01, 2025, 10:30 AM CDT India is kicking off exploration efforts for cobalt and copper deposits in Zambia by sending a team of geologists to the African country...Continue Reading