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Published on 16:28 GMT

Business live blog, Wednesday June 18 — as it happened

All eyes turn the the US this afternoon, where Wall Street fully expects the Federal Reserve to again defy President Trump’s demands for interest rate cuts and hold the key borrowing rate at the 4.25-4.5 per cent range.US stock index futures were muted …

Source: The Times - Center-right
Published on 06:24 GMT

UK inflation slows to 3.4% in May; annual house price growth halves as stamp duty holiday ends – business live

UK inflation slows to 3.4% in May as transport costs easeInflation in the UK has slowed slightly, as expected. The consumer prices index rose by 3.4% year on year in May, down from 3.5% in April, according to the Office for National Statistics. This was …

Source: The Guardian - Center-left
Published on 10:42 GMT

Down, down, down: new drilling technologies are improving prospects for geothermal power by reducing project duration, ...

The Sugarloaf appraisal well was drilled to 15,765 ft – Fervo Energy says it hopes the results expand the window for the commercial viability of EGS into ‘a significantly deeper and hotter regime’ Photo: Fervo Energy Fervo Energy drills a 15,000-foot, …

Source: Energy Knowledge - Energy Institute - Pending
Published on 09:59 GMT

Sunburn — The morning read of what’s hot in Florida politics — 6.18.25

Good Wednesday morning. Be the first to get news as it happens — Florida Politics gives you the scoop on all things Sunshine State! Get up to speed fast — sign up for the hottest text alerts: Breaking #FlaPol news, campaigns, politics & more — you’ll …

Source: Florida Politics - Neutral
Published on 08:41 GMT

Scots food and drink firms reveal biggest hurdle to net zero

Nearly three-quarters (73%) of those surveyed said it was “challenging” or “very challenging” to secure the finance required to develop such plans, with around one-third (31.7%) saying that had not received any support. The overwhelming majority (88.9%) …

Source: The Herald (Scotland) - Center-left
Published on Jun 17, 2025

How could politics shape the Scotland of 2050?

Philip SimBBC Scotland Political Correspondent ShareSave First Minister John Swinney was one of the keynote speakers at the conference Scotland's politicians are all pretty focused on 2026 right now, with a Holyrood election less than a year away. But …

Source: BBC - Public Broadcaster
Published on Jun 17, 2025

Banks ‘show true colours’ with fossil fuel financing surge last year

By&nbspEuronews Green Published on 17/06/2025 - 17:12 GMT+2 The world’s biggest banks increased their fossil fuel financing last year for the first time since 2021, a new report reveals. The top 65 banks provided $869 billion (€751bn) to …

Source: Euronews - Neutral
Published on Jun 17, 2025

Crude price could hit $100 per barrel amid Middle East conflict escalation risk

“The latest medium-term forecast sees a comfortably supplied oil market through 2030,” said the watchdog in its closely-watched annual review of market trends. The report notes that strong production growth is expected in a range of countries including the …

Source: The Herald (Scotland) - Center-left
Published on Jun 17, 2025

Banks backtracked on climate pledges last year, handing €750bn to fossil fuel firms

By&nbspEuronews Green Published on 17/06/2025 - 17:12 GMT+2•Updated 17:22 The world’s biggest banks increased their fossil fuel financing last year for the first time since 2021, a new report reveals. The top 65 banks provided $869 billion (€ …

Source: Euronews - Neutral
Published on Jun 17, 2025

The Fast Fashion Backlash Is Fueling a Sustainability Revolution

In New York State’s Hudson Valley, Lilly Marsh weaves scarves, shawls, and other apparel out of fibers sourced from the Northeast. The items are beautiful and informed by historical techniques—for her Ph.D., Marsh studied contemporary North American hand …

Source: Scientific American - Neutral
Published on Jun 17, 2025

New Report: Global Bank Financing of Fossil Fuels Totals $869B In 2024, A Dramatic Increase In Financing

Released today, the 16th annual Banking on Climate Chaos (BOCC) report covers the lending and underwriting activities of the world’s top 65 banks to more than 2,700 fossil fuel companies. While the world’s top scientists from the International Energy …

Source: Common Dreams - Left-wing
Published on Jun 17, 2025

Swinney got year-long warning England-bound bus firm was 'reconsidering' Scotland

The First Minister was also told they had already been “forced” to offshore certain manufacturing functions to China. The Labour MP for Falkirk, Euan Stainbank, said it was “absolutely astonishing that John Swinney” had been informed of the risk to …

Source: The Herald (Scotland) - Center-left
Published on Jun 17, 2025

Health emergency warning as 100,000 Scots face energy cuts in two weeks

It can be revealed that the rate of switching since March 7 in Scotland has been at just over 360 per day in Scotland which has the worst rate of smart meter coverage in Great Britain. If the energy companies operate at the same level of switching only a …

Source: The Herald (Scotland) - Center-left
Published on Jun 17, 2025

Oil tanker collision in Gulf of Oman caused by 'navigational misjudgment'

The probable cause of a collision between an oil tanker and another vessel in the Gulf of Oman on Tuesday was “navigational misjudgment”, the UAE's Ministry of Energy and Infrastructure has said. The ministry said on Wednesday that early findings …

Source: The National News - Pro-Government
Published on Jun 17, 2025

Ed Miliband's mad net zero gamble backfires as Iran plots global oil price shock

The energy secretary has declared all-out war on fossil fuels, slamming the brakes on North Sea oil and gas production.He’s rejected new drilling licences and pushed ahead with policies that will cost the UK billions in lost tax, jobs and growth. Article …

Source: Daily Express - Right-wing
Published on Jun 17, 2025

The World’s Banks are Still Betting on Fossil Fuel Industry Growth

The world’s biggest banks continue to bankroll the expansion of the fossil fuel industry and have largely retreated from their climate commitments, even as the world heads toward breaching thresholds for a livable planet. A new report from a coalition of …

Source: Inside Climate News - Left-wing
Published on 20:56 GMT

Canada Could Begin First Pacific LNG Production This Weekend

Canada could produce its first-ever liquefied natural gas (LNG) for export from the Pacific coast as early as this weekend, according to industry sources familiar with project timelines cited by Reuters. LNG Canada, a massive $40-billion project in Kitimat …

Source: Oil Price - Neutral
Published on Jun 16, 2025

Adnoc Drilling appoints Abdulla Al Messabi as chief executive

Adnoc Drilling, the Middle East's largest drilling company, has appointed Abdulla Al Messabi as its new chief executive. Abdulrahman Al Seiari, the company’s current chief executive, will retire at the end of the year following more than 45 years at …

Source: The National News - Pro-Government
Published on Jun 16, 2025

SPS-02221 Maintenance of Boilers, Burners, Heating, Ancillary Equipment and Gas Infrastructure

Tender Details Reference ocds-h6vhtk-05277b Common Procurement Vocabulary Repair and maintenance services of boilers Procurement Method Open procedure Value - More Tenders » Tender Details Reference ocds-h6vhtk-05277b Common Procurement Vocabulary Repair …

Source: Construction Index - Pending

13 days 11:02:16

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Published on June 18, 2025 - 09:57 GMT

Enhanced Oil Recovery Market To Reach USD 97.65 Billion by 2032, Grow at a CAGR of 7.1% From 2025 to 2032

Enhanced Oil Recovery Market size was valued at USD 56.41 Billion in 2024 to grow at a CAGR of 7.1% from 2025 to 2032, reaching nearly USD 97.65 Billion by 2032 WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Stellar Market …

Distribution channels: Energy Industry ...
Published on June 18, 2025 - 15:01 GMT

Global Oil Prices Surge

(MENAFN) Global petroleum rates soared by nearly 5 percent as hostilities between Israel and Iran intensified, coupled with United States Leader Donald Trump’s call for Tehran to offer an “unconditional and immediate surrender.” On Tuesday, Brent crude …

Distribution channels: ...

Published on June 18, 2025 - 09:40 GMT

API: Crude Oil Inventories Post Steep Decline

(MENAFN) The American Petroleum Institute (API) revealed on Tuesday that U.S. crude oil inventories plummeted by 10.133 million barrels during the week ending June 13, a steep decline that far surpassed market expectations. Analysts had forecasted a modest …

Distribution channels: ...
Published on June 17, 2025 - 22:09 GMT

Department of the Interior Moves to Expand Oil and Gas Development in Alaska’s National Petroleum Reserve

Date: June 17, 2025 Contact: Interior_Press@ios.doi.gov WASHINGTON — The Department of the Interior today announced a new step to support American energy independence and unleash the vast resource potential of Alaska’s National Petroleum Reserve. A draft …

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Published on June 17, 2025 - 21:12 GMT

Attorney General Bonta Joins Coalition in Submitting a Comment Letter Opposing Offshore Oil, Gas Drilling

OAKLAND – California Attorney General Rob Bonta joined a coalition of 10 attorneys general in filing a comment letter with the U.S. Department of the Interior’s Bureau of Ocean Energy Management opposing offshore oil and gas drilling in the Atlantic and …

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Published on June 18, 2025 - 08:26 GMT

Qatar Warns of Rising Oil Prices

(MENAFN) Qatar has issued a warning that Israeli assaults on Iranian energy infrastructure could have serious repercussions on global oil markets. In a media briefing held in Doha on Tuesday, Foreign Ministry spokesperson Majed Al-Ansari labeled the …

Distribution channels: ...
Published on June 18, 2025 - 20:50 GMT

Condor Provides an Operations Update

CALGARY, Alberta, June 18, 2025 (GLOBE NEWSWIRE) -- Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based, internationally focused energy transition company with active operations in Central Asia is pleased to provide an update. …

Distribution channels: Energy Industry ...
Published on June 18, 2025 - 22:03 GMT

Civitas Resources, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. July 1, 2025 Deadline to ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Civitas Resources, Inc. ("Civitas Resources" or the "Company") (NYSE: …

Distribution channels: Consumer Goods, Law ...

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This is a listing of the world’s TV stations, radio stations, newspapers, and blogs. Last update: 06/17/2025

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Published on June 18, 2025 - 20:30 GMT

Blue Biofuels Strengthens Intellectual Property Portfolio with Issuance of New U.S. Patent

Blue Biofuels (OTCQB:BIOF) PALM BEACH GARDENS, FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Blue Biofuels is proud to announce the issuance of a new United States patent, further strengthening the company’s expanding intellectual …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on June 18, 2025 - 20:07 GMT

This Week in Construction: Top Innovations & Industry Trends – June 18, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, June 18, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 18, 2025 - 19:09 GMT

Seminole Ridge High School Senior Powers Up Career Through IEC-FECC Apprenticeship Pathway

Construction Academy Student Enrolls in IEC FL East Coast Electrical Apprenticeship Program WEST PALM BEACH, FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- A 2025 graduating senior from Seminole Ridge High School is jump-starting a …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on June 18, 2025 - 18:36 GMT

Equator Releases APS 270 W Air Purifier to Support Indoor Air Quality and Pet Owners

HOUSTON, TX, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Equator Advanced Appliances announces the availability of the APS 270 W, a compact and feature-rich air purifier designed to enhance indoor air quality in residential spaces up to …

Distribution channels: Companies, Electronics Industry ...
Published on June 18, 2025 - 17:22 GMT

Informe de MSI² sobre la defensa aérea venezolana genera impacto viral

El análisis del excomandante naval Jesús Romero ha generado un fuerte impacto con más de 69,000 impresiones en redes MIAMI, FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- El Miami Strategic Intelligence Institute (MSI²), un think tank …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on June 18, 2025 - 17:03 GMT

Needle Coke Market Competition Assessing Key Challenges and Opportunities

The growing demand for lithium-ion batteries in electric vehicles and portable electronics is fueling the need for synthetic needle coke. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research has recently …

Distribution channels: Chemical Industry, Energy Industry ...
Published on June 18, 2025 - 16:38 GMT

Green Ammonia Market: Understanding the Key Forces Driving Its Growth

A notable growth driver is the increasing use of green ammonia as an energy carrier for hydrogen. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The latest report on the green ammonia market by Allied Market Research provides …

Distribution channels: Energy Industry, World & Regional ...
Published on June 18, 2025 - 15:00 GMT

EticaAG Announces Launch of AGBESS: Expanding Public-Sector Access to Immersion-Cooled Energy Storage Solutions

AGBESS to Deliver EticaAG’s Non-Flammable Battery Storage Systems to U.S. Military, Federal, and Public-Sector Infrastructure PITTSBURGH, PA, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- EticaAG, a global leader in advanced battery energy …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on June 18, 2025 - 14:34 GMT

C&G Partners with Speakers for Schools to Deliver Financial Services Work Experience

C&G Regulatory Solutions Partners with Speakers for Schools to Deliver Financial Services Work Experience for the Next Generation of Financial Talent LONDON, UNITED KINGDOM, June 18, 2025 /⁨EINPresswire.com⁩/ -- C&G Regulatory Solutions is …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 18, 2025 - 14:21 GMT

Renewable Energy Certificate Market Witnesses Surge in Corporate Sustainability Efforts

Rising renewable energy demand and global investments in clean power sources are driving growth in the renewable energy certificates market. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published …

Distribution channels: Energy Industry, Technology ...
Published on June 18, 2025 - 14:21 GMT

Next-Gen Rooftop Solar PV Systems Powering the Future of Decentralized Energy

Rising solar potential, green energy goals, and government support drive growth in the rooftop solar PV market amid increasing residential construction. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on June 18, 2025 - 13:45 GMT

Hydrogen Fuel Cell Train Market Outlook : Riding Towards $26.41 Billion by 2035 (28.2% CAGR) | AMR

WILMINGTON, NEW CASTLE, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Hydrogen Fuel Cell Train Market by Application (Passenger Train, Freight Train, Others), by Technology (Proton …

Distribution channels: Automotive Industry, Energy Industry ...
Published on June 18, 2025 - 13:30 GMT

EHS Insight Launches Powerful AI Copilot Expansion and Productivity-Boosting Upgrades

HOUSTON, TX, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- EHS Insight, the leading provider of EHS and ESG software solutions, today announced the release of a major platform update that significantly expands the platform’s AI capabilities …

Distribution channels: Building & Construction Industry, Chemical Industry ...
Published on June 18, 2025 - 13:30 GMT

Savant Unveils Summer Release Featuring Agentic Analytics Suite, Anthropic Partnership, and Enterprise Migration Tools

New Agentic Analytics Suite™, AI Innovation, and Migration Tools Help Enterprises Choose the Best Path for Analytics Optimization SAN MATEO, CA, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Savant Labs, the leader in AI-powered analytics …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 18, 2025 - 13:18 GMT

Next-Gen Solar Tech: Perovskites Pave the Way for High-Efficiency Solar Solutions

Rising demand for efficient solar tech boosts perovskite adoption, offering high performance, low cost, and better output even in low-light conditions. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on June 18, 2025 - 13:15 GMT

Community Solar Platform Acquires Solomon Community Solar

Merger Unites Two Industry Leaders to Form the Industry's Most Experienced Provider and Set a New Standard in Community Solar Management & Subscription Services ERIE, CO, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Community Solar …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 18, 2025 - 13:00 GMT

AI-Powered Energy Market to Grow Significantly Amid Global Grid Modernization

Rising renewable energy demand boosts AI in energy, though high costs may hinder growth; carbon monitoring offers new market opportunities. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by …

Distribution channels: Energy Industry, Technology ...
Published on June 18, 2025 - 13:00 GMT

Lynxspring Releases E2E Phase 2

A Next-Generation Operational Technology (OT) Data Management and Independent Data Layer (IDL) Platform for the Built Environment LEE'S SUMMIT, MO, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Lynxspring, Inc. (www.lynxspring.com), a …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 18, 2025 - 12:52 GMT

Power Supply Market projected to achieve a CAGR of 4.19% to reach US$15,368.851 million by 2030

The power supply market is anticipated to grow at a CAGR of 4.19% from US$12,518.123 million in 2025 to US$15,368.851 million by 2030. NEW YORK, NY, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new study published by …

Distribution channels: Energy Industry ...
Published on June 18, 2025 - 12:00 GMT

Dodge® Industrial Introduces Sidewinder™, A New Solution Reimagining Wrap Coupling Reliability

SIMPSONVILLE, SC, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Dodge Industrial, Inc., a leading manufacturer of power transmission components, announces the launch of their new Sidewinder wrap coupling. Sidewinder features patent- …

Distribution channels: Agriculture, Farming & Forestry Industry, Energy Industry ...