Oil Wells News Monitoring

Oil Falls As Frustration Mounts Over U.S./China Tariff Talks

Traders are also uncertain about the success of the nuclear talks with Iran: File Image/Pixabay Following the previous session that saw gains based on traders' perceptions that the trade war between the U.S. and China was cooling, oil on Monday …

TI Nigeria backs NNPCL probe, seeks comprehensive oil sector audit

The Head of Transparency International (TI) Nigeria and Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC), Comrade Auwal Musa Rafsanjani, has called for a full-scale investigation into the Nigerian National Petroleum Company …

White House Cheers New Gulf of America Oil Drilling

The Trump White House is proud of the production that has just kicked into gear at a new Gulf of America oilfield, as part of the administration’s goals for an energy renaissance. A White House spokesperson promised Fox Business, “New oil production will …

BP profit drops 70% amid pivot back to oil and gas

Britain's BP said on Tuesday net profit plunged in the first quarter as the struggling energy giant undergoes a major overhaul back to its fossil fuel business. Profit after tax declined to $687 million, down from $2.3 billion in the first three months …

Texas oil and gas executives criticize "chaos" and "uncertainty" of Trump administration

One of the most important industries in Texas had high hopes for Trump 2.0, but an early survey shows many of them are unhappy about what they've seen so far. DALLAS — Each quarter, we get a new Dallas Fed Energy Survey. The report is put together by …

TI Nigeria, CISLAC Boss Rafsanjani Backs Probe of NNPCL, Calls for Comprehensive Oil Sector Audit

The Head of Transparency International (TI) Nigeria and Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC), Comrade Auwal Musa Rafsanjani, has thrown his support behind calls for a full-scale investigation into the Nigerian …

Old oil well pollution could threaten OK County water, slow development

US tariffs knock $4BN off profits of British oil giants BP and Shell

By CALUM MUIRHEAD Published: 11:15 EDT, 28 April 2025 | Updated: 11:15 EDT, 28 April 2025 Advertisement Britain's biggest oil firms are set to see their profits drop by nearly $4 billion next week after Donald Trump 's tariff chaos caused a slump …

The Only Way To Make Money In Oil Today

There is a disconnect between reality and fantasy in the oil markets today.  Do you see it? If so, your portfolio will thank you for it later. When WTI crude prices plunged below $60 per barrel earlier this month, I tried warning you that oil stocks were a …

North Carolina Oil and Gas Commission to meet May 6

The North Carolina Oil and Gas Commission will meet at 9 a.m. on Tuesday, May 6, 2025, in Raleigh. Members of the public may attend in-person or join the meeting by computer or phone. An agenda and supporting documents will be posted on the Commission …

Raising oil and gas depletion allowance considered

Edwards, Perryman say enhancing it would benefit Basin Increasing the oil and natural gas tax depletion allowance from 15 percent, where it has been since 1984, would enhance the profitability of wells and probably encourage new drilling. That’s according …

Oil companies have downplayed extent of spills in Gulf of Mexico, investigation finds

Mongabay Latam and Data Crítica examined and compared official data of oil spills in the Gulf of Mexico, including satellite images by scientists studying oil spills and evidence compiled by fishing communities. Their analysis found that most oil spills …

California’s Oil and Gas Industry Provides $338 Billion Reasons to Support

What a difference a presidential administration makes. In “Welcome to Saudi America,” economist Stephen Moore writes, “Thanks to the fracking and horizontal drilling revolution, the U.S. has retaken the lead in global oil production. In 15 years, domestic …

White House cheers first production from new Gulf of America oil field

Gristedes CEO John Catsimatidis reacts to President Donald Trump reversing Biden's oil deal with Venezuela on 'Varney & Co.' The first oil production from a joint U.S.-French corporate venture in the Gulf of America was a welcome indication …

SLB reports lower spending by oil producers and impacts from tariffs

Oilfield services provider SLB has indicated a potential downturn in spending by oil producers and highlighted the impact of tariffs on its operations in the company’s first-quarter (Q1) earnings results. The company's Q1 revenues fell short of …

Namcor and partners make high-quality oil discovery

The National Petroleum Corporation of Namibia (Namcor) and its joint venture partners have made a significant discovery off the southern coast of Namibia by detecting a high-quality light-oil-bearing reservoir.  The joint venture partners will now turn …

Vallourec Awarded a Major Contract by Kuwait Oil Company

Press release VALLOUREC AWARDED A MAJOR CONTRACT BY KUWAIT OIL COMPANY Meudon (France), April 28, 2025 – Vallourec, a world leader in premium seamless tubular solutions, has secured a major contract to supply Oil Country Tubular Goods (OCTG) for the …

Trump’s billionaire oil industry donors aren’t getting what they wished for

Loading The International Energy Agency had forecast that demand for oil would increase about 1.03 million barrels a day. After Liberation Day it cut that forecast by about a third, to 730,000 barrels a day, saying about half that reduction was …

ADX is pushing its European oil and gas agenda with big moves ahead

ADX Energy has plans to boost its European oil and gas resources and production. Pic: Getty Images ADX Energy has plans to boost existing oil production and explore low-risk, low-cost gas targets Gas play benefits from existing infrastructure and is …

SENTRIQS Adds Cybersecurity Industry Veteran to Board of Directors

SAVANNAH, GA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- SENTRIQS, a leading provider of ultra-secure collaboration and cryptography solutions, today announced that Gregory Wessel, CTO of the Technology Advancement Center (TAC) and …

Nerds On Site Inc. Reports Strong Revenue Growth in Q3 2025

NERDS ON SITE INC (CSE:NERD) TORONTO, ON, CANADA, April 29, 2025 /⁨EINPresswire.com⁩/ -- Nerds On Site Inc. (CSE: NERD, OTC: NOSUF), a leading provider of managed IT and cybersecurity services for small and medium-sized enterprises, is pleased to …

Florida Mesothelioma Victims Center Urges the Family of a Mechanic Who Has Just been Diagnosed with Mesothelioma or Lung ...

TAMPA, FL, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- The Florida Mesothelioma Victims Center is urging the family of a mechanic who has recently been diagnosed with mesothelioma or lung cancer anywhere in Florida to please call the Gori …

From Vietnam to Central Asia: GESO SYSTEMS Accelerates Its Globalization Strategy Once Again

SHANGHAI, CHINA, April 29, 2025 /⁨EINPresswire.com⁩/ -- On April 22, 2025, the British GESO SYSTEMS was invited to participate in the Air Compressor Industry Product Exchange Meeting in Almaty, Kazakhstan, and discussed cooperation with industry …

Asteroid Energy Announces Groundbreaking Rare Earth Metals Research and Global Expansion of Research Teams

BELGRADE, SERBIA, April 29, 2025 /⁨EINPresswire.com⁩/ -- Asteroid Energy, a global leader in sustainable energy and space resource innovation, is proud to announce a major breakthrough in rare earth metals research, with a patent application to be …

Kabal Acquires IronSight to Launch Unified Platform for End-to-End Energy Logistics

Kabal, the global leader in logistics solutions for the energy sector, today announced its acquisition of IronSight, creating "Uber" for Oil and Gas. STAVANGER, NORWAY, April 29, 2025 /⁨EINPresswire.com⁩/ -- Kabal, the global leader in …

Pfeiffer Vacuum+Fab Solutions Launches the New HiCube Neo RGA

Pfeiffer Vacuum+Fab Solutions – a member of the global Busch Group – presents the HiCube Neo RGA, a compact solution for residual gas analysis (RGA). ASSLAR, GERMANY, April 29, 2025 /⁨EINPresswire.com⁩/ -- The HiCube Neo RGA integrates a HiCube …

The Dealmakers Announces 'Investors Roundtable in Malta' in Strategic Cooperation with FinanceMalta

Connecting global investors with Malta’s key industries to foster cross-border partnerships, innovation, and strategic growth through FinanceMalta's support. DUBAI, UNITED ARAB EMIRATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- The Dealmakers, …

Wind Summit to Usher in a New Era of Industry Collaboration

Early Bird Tickets for the next Wind Summit on 14 - 15 October in Houston, Texas are just $649.00, but this deal won't last, so register today! HOUSTON, TX, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- The wind energy sector in the …

Oswald Supply Expands Bronx Facility, As We Build Upon Over A Century of Service

Oswald Supply grows Bronx facility, enhancing inventory and logistics to better serve New York’s heating and industrial parts needs. BRONX, NY, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Oswald Supply, a century-old, family-owned leader …

NEQSOL Holding Hosts AI Event to Advance Strategic Vision

BAKU, AZERBAIJAN, April 28, 2025 /⁨EINPresswire.com⁩/ -- NEQSOL Holding recently hosted a high-level Artificial Intelligence event in Baku, bringing together top executives and senior managers from the group companies. The event featured renowned …

inGeniti Recognized as a Top Emerging Energy Innovator at DISTRIBUTECH 2025

inGeniti’s Optima platform solves the last-mile challenge for DERs, connecting, monitoring, and optimizing any electrical device, anywhere. IRVINE, CA, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- inGeniti, the company solving the …

Charge Rigs Celebrates Opening Day at ACT Expo 2025 with Flagship EV Charging Solutions

Charge Rigs celebrates ACT Expo 2025, showcasing Omega and Flexx DC chargers. Visit Booth #5827 to see how we power fleet electrification success. ANAHEIM, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Charge Rigs is proud to announce …

From Award to Impact: How Ascendo AI’s 2025 Win Is Redefining Service Leadership in a Volatile World

SAN FRANCISCO, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Our AI doesn’t replace people; it equips them to thrive. Ascendo AI’s AI-native platform addresses plummeting customer experience scores, employee burnout, and fragmented tools, …

Raising the Roof: Lauren Swain Joins Elite Roofing & Gutters to Drive Commercial Projects

PEARL, MS, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Elite Roofing and Gutters is proud to announce that Lauren Swain has joined the company's growing team of expert professionals. With years of experience in the roofing industry, …

Utility Global and Hanwha Corporation E&C to Collaborate on Cost-Effective Clean Hydrogen Production Using Biogas

HOUSTON, TX, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Utility Global, Inc. (“Utility”), a global leader in economic clean hydrogen production, announced that it will partner with Hanwha Corporation E&C Division (“Hanwha”) to carry …

Freen käivitas täieliku toetusteenuse varustuskindluse toetuse taotlemiseks

Freen OÜ aitab taotleda NextGenerationEU toetust päikesepaneelide ja salvestussüsteemide paigaldamiseks ettevõtetele ja korteriühistutele. IDA-VIRU, ESTONIA, April 28, 2025 /⁨EINPresswire.com⁩/ -- Eesti puhta energia ettevõte Freen OÜ on käivitanud uue …

InCharge Energy announces InService™ maintenance & repair support for most EV charger brands at ACT Expo 2025 in Anaheim

InService™ provides operational confidence across any make or model of charging hardware, with 24/ 7 customer support for emergencies or ongoing service plans. LOS ANGELES, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- InCharge …

NovaCHARGE and Charge Rigs to Showcase the FLEXX Mobile DC Fast Charger Line at ACT Expo 2025

Innovative, All-Electric Mobile Charging Series Returns to the Spotlight at Booth #5827 ORLANDO, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- NovaCHARGE, a leader in electric vehicle (EV) charging technology, is proud to announce the feature …

LapSafe® Launches Tree-Planting Initiative to Offset Carbon Footprint

LapSafe®, the UK’s leading provider of smart locker, has announced the launch of a new environmental initiative to help combat climate change. UNITED KINGDOM, April 28, 2025 /⁨EINPresswire.com⁩/ -- LapSafe® pledges to plant a tree for every …