Oil & Gas Newswire

Oil Price Today (October 16): Crude oil dips to $105 as Trump mulls easing restrictions on sanction-facing nations. What’...

Oil prices edged lower on Friday as investors assessed risks in the Middle East alongside potential US moves to ease restrictions on the world's so-called shadow fleet of tankers to temper liquid gold prices. The shadow fleet is a group of oil tankers …

Why the loonie hasn’t benefited from sharply higher oil prices

Investors wondering why the Canadian dollar isn’t rallying along with the oil price will find their answer in the accompanying charts. In short, bond yields are driving the loonie’s value, not commodity prices. The first chart below compares the value of …

Crude oil price falls as IEA agrees to complete remaining oil releases

IEA encouraged those members holding oil production and refining capacities to boost supply of crude and refined products, particularly diesel. It also underlined the importance of the free flow of energy trade. Crude oil futures traded lower on Friday …

Reuters: Russia to earn more than $11 billion from oil and gas sales in October

Russia’s federal budget revenues from taxes on oil and gas, which account for approximately one-fifth of total state revenue, are expected to rise by 10% year-on-year in October, reaching 1 trillion rubles ($11.97 billion), according to Reuters …

Trump once again made Zelenskyy the scapegoat and blamed him for rising oil prices because of attacks on Russian oil ...

U.S. President Donald Trump criticized the resumption of Ukrainian strikes on Russian oil refineries, saying that such attacks lead to an increase in global prices for oil and diesel fuel. He made the statement in response to questions from journalists, …

Essar Oil & Gas Bags Five New CBM Blocks Across Three States

Essar Oil & Gas Ltd. (formerly Essar Oil and Gas Exploration and Production Ltd.), one of India’s leading coal bed methane (CBM) producers, bagged five new CBM blocks under the government’s Special CBM (SCBM) Bid Rounds 2025 and 2026. The newly awarded …

Essar Oil & Gas wins five new CBM blocks across three Indian states

Indian coal bed methane (CBM) operator Essar Oil & Gas has been awarded five exploration blocks covering approximately 1,281km² across West Bengal, Madhya Pradesh and Telangana in India. Essar Oil & Gas is the upstream division of global …

Namibia's Oil Story Has a Gas Problem

Why gas is holding up the oil The Orange Basin's oil comes with a great deal of gas. Shell wrote down its Namibian discoveries as uncommercial in January 2025 for that reason. TotalEnergies believes it can cope. Its plan for Venus is to reinject the …

Real-time satellite tracking exposed methane leaks across oil, coal, and gas sites

A creator with experience tracking methane at landfills is drawing attention to a less flashy climate measure: fixing leaks from oil, coal, and gas infrastructure. Here's what to know In a TikTok video, Alaina Wood (@thegarbagequeen) presented methane …

Kuwait’s TGA Eyes Oil, Gas, and Renewable Energy Investments in Cambodia

AKP Phnom Penh, October 16, 2026 — Tanmia Global Strategic Development Advisory (TGA), a Kuwaiti state-owned enterprise, is actively seeking investment and project development opportunities in Cambodia across oil and gas, renewable energy, and green …

Hardeep Puri announces ₹84,700 cr support for oil, gas exploration; India opens 1mn sq km

Union Petroleum Minister Hardeep Singh Puri has outlined India’s renewed push to expand domestic oil and gas exploration, highlighting the opening of 1 million sq km of sedimentary basins for exploration and the Samudra Manthan Yojana, under which …

Exxon’s Oil Boom Could Keep Guyana’s Gas at Home

Guyana has turned into something of an oil celebrity with billions of barrels discovered by Exxon off the coast of the tiny South American country. With the oil riches came gas, too, and there were plans to add LNG to Guyana’s export goods. Yet now the …

EU proposes delay to methane rules for oil and gas imports

The European Commission proposed yesterday to postpone new methane emissions regulations for oil and gas imports by one year. The decision follows pressure from several governments, including France and the United States. The regulations were scheduled to …

Chinese oil firms in Niger race to return $5.2 billion in outstanding crude oil export revenues as authorities issue 45-...

According to Anadolu Agency, Foreign Minister Bakary Yaou Sangaré announced the deadline on Wednesday in a statement read on state television. Sangaré, who chairs the committee responsible for oil negotiations, said the committee had issued specific …

Ottawa Delegation Challenges Canada’s Oil and Gas Expansion, Calls for Amazon Protection

Indigenous leaders and parliamentarians from Canada and South America met in Ottawa last week to build international solidarity around divestment in planet-heating fossil fuels. Organized by Canadian Senator Rosa Gálvez, an expert in pollution control, and …

Essar Oil & Gas bags five CBM blocks across West Bengal, MP, Telangana

According to a company’s release, the newly awarded blocks add 1,281 sq km of acreage across West Bengal, Madhya Pradesh, and Telangana.Essar Oil & Gas on Thursday said it has bagged five new coal-bed methane (CBM) blocks under the government’s Special …

Oil and Gas Report 10-15-26

LIVE updates: Russia, Ukraine trade strikes on oil and gas sites after failed ‘energy truce’

The city and surrounding region were targeted in an “intense” Russian attack that began late on Oct. 14, Governor Andrii Raikovych said. The strike targeted local logistics, transportation, and industrial enterprises, the Kyiv Independent reported. The …

Soaring heating oil prices put struggling Maine families in a bind

In Freeport, Maine, Chris and Cheryl Oliver are making tough choices as they try to make ends meet on roughly $60,000 a year. "Am I going to get food this week, or am I going to get gas this week?" Cheryl Oliver told CBS News. Then came another …

Jake’s List Announces Mobile App Launch for Apple and Android, Bringing Customer Research to Contractors on the Go

The launch of the mobile app brings the Jake’s List customer research platform directly to contractors’ mobile devices AKRON, OH, UNITED STATES, October 16, 2026 /⁨EINPresswire.com⁩/ -- Jake’s List, a platform designed specifically for service …

Five Reputable Centrifugal Chemical Pump Manufacturers in China 2026: Advancing Industrial Fluid Handling

Exploring Pump Design, Materials, and Industrial Applications CALIFORNIA, CA, UNITED STATES, October 16, 2026 /⁨EINPresswire.com⁩/ -- China, October 16, 2026 — Five Chinese manufacturers are featured in this 2026 industry overview of centrifugal …

Top 5 Criteria for Choosing a China Hydraulic Cold Forging Press Manufacturer

DONGGUAN, GUANGDONG, CHINA, October 16, 2026 /⁨EINPresswire.com⁩/ -- Global manufacturing standards demand higher precision, repeatability, and material yield in metal forming operations. Whether producing complex automotive components, aerospace …

MOL Group inaugurated its first biomethane plant in Szarvas

SZARVAS, HUNGARY, October 16, 2026 /⁨EINPresswire.com⁩/ -- MOL Group has inaugurated its first biomethane plant in Szarvas. As a result of the investment of more than HUF 2.7 billion, the facility can now produce biomethane from biogas of a purity …

Top Backward Curved Centrifugal Fan Manufacturer PBM Advances Efficient Airflow Technology

SUZHOU, JIANGSU, CHINA, October 16, 2026 /⁨EINPresswire.com⁩/ -- PBM Motor and Fan (Suzhou) Co., Ltd. is strengthening its position in the ventilation and air movement equipment sector as manufacturers across HVAC, refrigeration, electronics cooling, …

Power Outages Are Only Part of the Story: The Evolving Role of Home Batteries

SoL Energy, based in Carbondale, Colorado, works with solar & battery systems that can store electricity produced during daylight hours for use at a later time. CARBONDALE, CO, UNITED STATES, October 16, 2026 /⁨EINPresswire.com⁩/ -- Home …

Aigeo Compares SF₆-Free RMUs from Schneider Electric, ABB, Siemens and Eaton for Utility Buyers

Review compares SF₆-free RMU switching designs, including shunt vacuum interruption, retrofit requirements and environmental declarations up to 24 kV. SINGAPORE, SINGAPORE, October 16, 2026 /⁨EINPresswire.com⁩/ -- Aigeo has released a comparison of SF₆- …

ConsumerTechnology Remains atthe Core: IDG Capital Builds aLong- TermInvestment Thesis AroundScaled Adoption

From PC and mobile internet to new consumer technology, IDG Capital focuses on mass adoption, consumer behavior, and sustainable growth. CALIFORNIA, CA, UNITED STATES, October 16, 2026 /⁨EINPresswire.com⁩/ -- HONG KONG — For more than three …

Brand Strength: Trumony Aluminum Earns Global Trust in Cooling Plates via Innovation & Compliance

Strengthening Long-Term Competitiveness of Cooling Plate Brands Through Independent IP CALIFORNIA, CA, UNITED STATES, October 16, 2026 /⁨EINPresswire.com⁩/ -- SUZHOU, China, October 16, 2026 — Trumony Aluminum Limited, a manufacturer of aluminum …

Top Oil-Immersed Transformer Manufacturer Shandong Xunchi Electric Advances Power Distribution Solutions

HEZE, SHANDONG, CHINA, October 16, 2026 /⁨EINPresswire.com⁩/ -- Shandong Xunchi Electric Co., Ltd. is strengthening its presence in the power transmission and distribution equipment sector as electricity networks, industrial facilities, and …

2026 China Top 5 Layflat Hose Companies: Advancing Industrial Fluid Handling

A 2026 guide to five established Chinese manufacturers of layflat hoses. CALIFORNIA, CA, UNITED STATES, October 16, 2026 /⁨EINPresswire.com⁩/ -- JIANGYAN, JIANGSU, CHINA — OCTOBER 16, 2026 ZYfire Hose Corporation, a layflat hose and polymer composite …

Innovation Defender: Zhenjiang Yanyang Fortifies Dredging Equipment Brand Moat with IP & Global Compliance

Strengthening Long-Term Competitiveness of Dredging Equipment Brands Through Independent IP CALIFORNIA, CA, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- ZHENJIANG, China, October 16, 2026 — Zhenjiang Yanyang Engineering Co., Ltd., a …

Ten Reputable Remote Control PDU Manufacturers in China 2026: Advancing Intelligent Power Distribution

A 2026 guide to ten reputable Chinese manufacturers of remote control PDUs. CALIFORNIA, CA, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- WUXI, Jiangsu, China — October 16, 2026 — Wuxi Bom Electronic Technology Co., Ltd. (BOMPDU), a Wuxi …

Top Electric Bicycle Manufacturer Merco Expands Electric Mobility Solutions

LINYI, SHANDONG, CHINA, October 16, 2026 /⁨EINPresswire.com⁩/ -- The global electric mobility industry continues to evolve as consumers, distributors, and commercial operators seek transportation options that combine practical design, …

Kolibri Global Energy Inc. Announces Operations Update

Kolibri Global Energy Inc. (NASDAQ:KGEI) THOUSAND OAKS, CA, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Kolibri Global Energy Inc. (the “Company” or “Kolibri“) (TSX: KEI, NASDAQ: KGEI) is pleased to provide an operations update on its …

US Power Adds Propel Prepaid Solar Lease, Bringing Back Tax Credit Savings

New prepaid program passes the commercial solar tax credit to homeowners as an upfront discount, with $0-down financing and ownership after year five. LOS ANGELES, CA, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- US Power, a factory-direct …

The Global Music Merch Drops Platforms Market is projected to grow at a CAGR of 14.7% over the forecast period.

The Business Research Company’s The Global Music Merch Drops Platforms Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 LONDON, GREATER LONDON, UNITED KINGDOM, October 15, 2026 /⁨EINPresswire.com⁩/ -- The surge in …

The Global Methanol-To-Gasoline Technology Market is projected to grow at a 7.4% CAGR over the forecast period.

The Business Research Company’s Methanol-To-Gasoline Technology Global Market Report 2026 – Market Size, Trends, And Forecast 2026-203 LONDON, GREATER LONDON, UNITED KINGDOM, October 15, 2026 /⁨EINPresswire.com⁩/ -- The methanol-to-gasoline …

The Building Is the Common Ground: Lightning Protection Institute (LPI) Launches Its First-Ever Risk Assessment Week

A week-long initiative invites the wider building community to make risk assessment a shared starting point for resiliency and life safety. LIBERTYVILLE, IL, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- The Lightning Protection …

ACS Group Welcomes Fire Protection Engineer Porscha Silva

LAS VEGAS, NV, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Advanced Consulting Solutions (ACS) Group, a leading fire protection engineering and life safety consultancy, has welcomed Porscha Silva, PE, to its growing team as a fire …