Elton John and Bernie Taupin have been nominated for their first joint Oscar for "(I'm Gonna) Love Me Again" -- the theme to last year's Rocketman biopic which is sung with his silver screen counterpart, Taron Egerton. Elton famously snagged the 1995 Best Original Song Oscar for his and lyricist Tim Rice's theme to Disney's The Lion King, "Can You Feel The Love Tonight." Amazingly, that year Elton and Rice were battling against themselves when two other songs from the film -- "Circle Of Life" and "Hakuna Matata"-- were also vying for the Academy Award.

Elton and Bernie's "(I'm Gonna) Love Me Again" has been nominated alongside Randy Newman's "I Can't Let You Throw Yourself Away' from Toy Story 4; Diane Warren's "I'm Standing With You" from Breakthrough; Kristen Anderson-Lopez and Robert Lopez's "Into The Unknown" from Frozen II; and Joshuah Brian Campbell and Cynthia Erivo's "Stand Up" from Harriet.

Bernie Taupin, whose partnership with Elton John started back in 1967, shed light on his songwriting process these days: "I don't write very often. I mean, I really only write when we deicide we wanna make a record. So, prior to it, I'll probably start writing a few months ahead of the recording dates. And, what I do, is collect ideas. Over any time period; I could be walking down the street and tomorrow and come up with and ide. . . a title. Titles are very important to me. I often work off of titles."

Elton John performs tonight (January 14th) in Sydney, Australia.