Partners in Kazakhstan’s second-largest oil field won a case in a local court over environmental fine that could have exceeded $4 billion, the venture said. SourceContinue Reading

Oil Majors Beat Back $4.2 Billion Fine in Kazakhstan | 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 – Aug 01, 2025, 1:30 PM CDT A Kazakh appellate court has sided with the...Continue Reading

SLB has acquired Stimline Digital AS, a leading cloud-based software company for the energy sector specializing in well intervention. SourceContinue Reading

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday as operators continue to scale back. The total rig count in the US fell by 2 rigs for the second week in a row, landing at 540,...Continue Reading

OPEC+ Nears Decision Point on Next Oil Output Hike | 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 – Aug 01, 2025, 11:30 AM CDT OPEC+ is inching toward a pivotal decision this...Continue Reading

Oil Falls Below $70 as Sentiment Sours | 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 – Aug 01, 2025, 11:00 AM CDT A poor U.S. jobs report led to a broader sell-off on Friday, with...Continue Reading

Enbridge Books Record Core Earnings on Power and Gas Demand | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 01, 2025, 10:30 AM CDT Enbridge posted record core earnings, or EBITDA, for the second quarter of the year on the back of strong liquids flows...Continue Reading

Exxon pumped more oil than it has in any second quarter since the historic Mobil takeover more than 25 years ago. Meanwhile, Chevron also lifted output to an all-time high of almost 4 million bpd. Shares of both companies climbed. SourceContinue Reading

Russian Gas Exports to Europe Surged in July | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Aug 01, 2025, 10:00 AM CDT Russia’s natural gas exports via pipeline to Europe increased by 37% in July compared to June, driven by...Continue Reading

By Editorial Dept – Aug 01, 2025, 10:00 AM CDT Numbers Report – August 01, 2025 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some data and provide...Continue Reading