Oil & Gas Newswire

Lightning Strike to Blame for Fire at Louisiana Oil Tank Farm That Prompted Evacuations

Evacuations and shelter-in-place orders remained in place for residents and businesses around a lightning-sparked tank fire that sent a plume of smoke over Lake Charles, Louisiana, on Saturday. By evening, Louisiana State Police determined a lightning …

Egypt deploys 3 tugboats to tow oil tanker after it breaks down in Suez Canal

Egypt has deployed three tug boats to tow an oil tanker that suffered an engine failure in the Suez Canal, the canal's authority said in a statement on Sunday. The canal's head Osama Rabie said traffic heading northwards will resume as normal after …

Transparency advocates laser-focused on PPP Govt.’s handling of commercial agreements for Gas-to-Energy project

Jun 04, 2023 News Kaieteur News – The Government of Guyana often speaks highly of principles of transparency and accountability. However, its actions at times do not hold to the same standard. Guyana’s extractives sectors have been plagued by a lack of …

Egypt deploys tugboats to tow oil tanker in Suez Canal

File picture: A general view of a tugboat working to refloat the cargo ship XIN HAI TONG 23 to the waiting area, in the canal next to Ismailia, Egypt May 25, 2023. Image Credit: REUTERS Cairo: Egypt has deployed three tug boats to tow an oil tanker that …

8 injured in oil tanker blast in N'ganj, 5 in 'critical condition'

Eight people suffered burn injuries in an explosion at an oil tanker on Shitalakkhya River at Rupganj upazila in Narayanganj early today. The injured were identified as Mannan Rahad, 23, Humayun Kabir, 54, Tajul Islam Limon, 24, Imtiaz Ahmed, 42, Rubel, 38 …

Oil production grew 4.02% in April

8 Oil production in Colombia experienced growth of 4.02% in April of this year compared to the same month of the previous year, reaching a daily average of 782,277 barrels, according to data provided by the National Hydrocarbons Agency (ANH) and compiled …

US occupation loots 45 tankers of Syrian oil, smuggles them to Iraq

Syrian SANA news agency says the occupation forces used the illegitimate Al-Mahmoudiyah crossing to enter Iraqi territory and deliver the stolen oil to their bases there. Syrian news agency SANA reported on Saturday that the US occupation forces looted a …

Opec+ opens talks on fresh output cuts

VIENNA: Opec and its allies began two days of meetings on Saturday that may culminate in further production cuts of as much as 1 million barrels per day, Opec+ sources told Reuters, as the group faces flagging oil prices and a looming supply glut. Opec+, …

Lightning strike blamed for fire at Louisiana oil tank farm that prompted evacuations

Evacuations and shelter-in-place orders remained in place for residents and businesses around a lightning-sparked tank fire that sent a plume of smoke over Lake Charles, Louisiana, on Saturday. By evening, Louisiana State Police determined a lightning …

Gas prices drop after Memorial Day travel period

Gas prices in Delaware dropped about eight cents a gallon during the past week despite a Memorial Day travel surge, with AAA estimating that more than 37 million Americans drove to their holiday destinations.  “Although millions hit the road last weekend, …

OPEC+ weighs fresh output cuts to boost oil price

Oil settled higher on US debt deal after week-long volatility; all eyes on OPEC+

The focus has now shifted to the policy outcome of Organization of the Petroleum Exporting Countries and its allies, or OPEC+ on June 4, which will impact oil prices and set the course for price fluctuations in the near-term. OPEC+ is considering the …

UAE Defends Big Oil's Role at UN Climate Summit It Will Host 

Berlin —  A senior United Arab Emirates official says the Gulf nation wants the U.N. climate summit it's hosting later this year to deliver "game-changing results" for international efforts to curb global warming, but doing so will require …

OPEC+ Meeting in Vienna: No Oil Production Cuts Discussed, Says Iranian Deputy Oil Minister

Iranian Deputy Oil Minister Amir Hossein Zamannia said OPEC countries did not discuss the possibility of cutting oil production by OPEC+ members at today’s meeting in Vienna. Issue on Tomorrow’s Agenda According to Zamannia, the issue of cutting oil …

UPDATE: Lightning strike causes oil tank fire in Lake Charles

by: Benjamin Schafer Posted: Jun 3, 2023 / 07:36 PM CDT Updated: Jun 3, 2023 / 09:32 PM CDT UPDATE 9 p.m.: Authorities say the fire at the Calcasieu Refining Company was caused by a lightning strike. Dick Gremillion, Director of Calcasieu Office of …

Oil Prices Up - 02-06-23

10:51, 3 June 2023 NEW YORK - LONDON, JUNE 3, ARMENPRESS. Oil prices for 2 June: WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange up by 1.86% to $71.87 per barrel. Brent Crude Oil price at London’s IСE Stock Exchange up by 1.83% to $76.13 per …

Venezuela's oil exports drop as heavy crude processing sags, stocks drain

HOUSTON, June 2 (Reuters) - Venezuela's oil exports fell 14% in May from the previous month as crude upgraders at its main oil region produced less exportable grades and state-run oil firm PDVSA struggled to replenish inventories, according to shipping …

Ogra criticised for ‘giving’ approval to hike in gas prices

HYDERABAD: President of Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) Muhammad Farooq Shaikhani has said that the Oil and Gas Regulatory Authority (OGRA) has approved the increase in gas prices by 50%, which is condemnable and business …

UPDATE: Lightning strike causes oil tank fire in Lake Charles

by: Benjamin Schafer Posted: Jun 3, 2023 / 07:25 PM CDT Updated: Jun 3, 2023 / 09:37 PM CDT UPDATE 6/3/23 9 p.m.: Authorities say the fire at the Calcasieu Refining Company was caused by a lightning strike. Dick Gremillion, Director of …

Ruskin Felix Consulting LLC: Launching - VOMODE Entrepreneurship Program- Empowering Entrepreneurs to Scale and Succeed

RFC is launching VOMODE - Value Optimization Mentoring on Demand for Entrepreneurs Program to help budding entrepreneurs ideate, and scale their businesses MUMBAI, MH, INDIA, June 3, 2023 /⁨EINPresswire.com⁩/ -- Ruskin Felix Consulting LLC (RFC), …

TEXAS SUPREME COURT HANDS DOWN RULING ON FORCE MAJEURE IN OIL AND GAS LEASE DISPUTE

NEW ORLEANS, LOUISIANA, UNITED STATES, June 2, 2023 /⁨EINPresswire.com⁩/ -- In a significant ruling regarding lease maintenance in the oil and gas industry, the Texas Supreme Court has issued an opinion in Point Energy Partners Permian LLC v. MRC …

GLOBAL FOOD PACKAGING LEADER TO ENHANCE EQUIPMENT PRODUCTIVITY WITH INNOVAPPTIVE DIGITAL MAINTENANCE SOLUTIONS

Innovapptive announced that it is partnering with Sabert Corporation to boost production equipment efficiency using connected worker solutions. HOUSTON, TEXAS, UNITED STATES, June 2, 2023 /⁨EINPresswire.com⁩/ -- Innovapptive, a worldwide leader in …

احتفال أريستون الشرق الأوسط بالحلول المستدامة المنفذة في الإمارات بمناسبة اليوم العالمي للبيئة

DUBAI, DUBAI, UNITED ARAB EMIRATES, June 3, 2023 /⁨EINPresswire.com⁩/ -- في الخامس من يونيو وبمناسبة اليوم العالمي للبيئة الخمسون تحتفل أريستون الشرق الأوسط بمبادرات حكومة الإمارات العربية المتحدة لتعزيز الاستدامة وتشجيع جميع هيئاتها فضلًا عن شركات …

American Resources Signs Bond Purchase Agreement for Integrated Rare Earth Element and Carbon Processing Facility

Wyoming County Coal set to be the first commercial producer of rare earth and critical elements from carbon waste streams American Resources Corporation (NASDAQ:AREC) FISHERS, INDIANA, UNITED STATES, June 2, 2023 /⁨EINPresswire.com⁩/ -- American …

ICYMI — Manchin: This EPA Won’t Let Electric Reliability Inconvenience Their Anti-Fossil Agenda.

To watch a video of Senator Manchin’s opening remarks, please click here.  To watch a video of Senator Manchin’s questioning, please click here. Charleston, WV – Yesterday, the U.S. Senate Energy and Natural Resources Committee held a hearing to examine …

ICYMI: Manchin Leads Bipartisan Effort to Protect Domestic Electric Power Supply Chain

Washington, DC – Senator Joe Manchin (D-WV), Chairman of the U.S. Senate Energy and Natural Resources Committee, led 47 bipartisan Senators in urging Department of Energy (DOE) Secretary Jennifer Granholm to refrain from finalizing a DOE efficiency …

Wintershall Dea makes natural gas well discovery in Egypt

LONDON, UK, June 2, 2023 /⁨EINPresswire.com⁩/ -- German oil and gas operator Wintershall Dea has identified a new natural gas well in the onshore Disouq concession, which is located within Egypt’s Nile Delta region. The NSG-3 well, situated in …

IEC FL East Coast Chapter Announces Registration is Open for the Electrical Apprenticeship, and NEW Low Voltage Programs

WEST PALM BEACH, FL, UNITED STATES, June 2, 2023 /⁨EINPresswire.com⁩/ -- The Independent Electrical Contractors Florida East Coast Chapter (IEC-FECC), announces the opening of registration for their highly esteemed Electrical Apprenticeship Program …

Forisk reports reduced demand for packaging impacts markets; packaging is 73% of North American pulp mill capacity

For Immediate Release WATKINSVILLE, GEORGIA, UNITED STATES, June 2, 2023 /⁨EINPresswire.com⁩/ -- Reduced packaging demand and production ripples across North America’s paper industry as packaging comprises 73% of pulp/paper mill capacity in …

The United States Hispanic Business Council (USHBC) Commends Senator Sinema for her Role in Debt Ceiling Negotiations

WASHINGTON, DC, UNITED STATES, June 2, 2023 /⁨EINPresswire.com⁩/ -- The United States Hispanic Business Council (USHBC) commends Senator Kyrsten Sinema for her contributions that led to a deal, avoiding default and protecting American jobs. Her …

(London/Zurich) CLIMAGATE: CO2 Brokerage and its Benefits for the Industry

In a world where climate change poses an ever-growing threat, solutions for reducing CO2 emissions are taking center stage. LONDON, UK, June 2, 2023 /⁨EINPresswire.com⁩/ -- - What is CO2 Brokerage? CO2 brokerage refers to the trading of CO2 …

Electric Vehicle Batteries Market 2023 (Latest Report) is Anticipated to Undergo Significant Growth in Between 2023-2029

Electric Vehicle Batteries market was valued at US$ 53010 million in 2022 and is anticipated to reach US$ 116520 million by 2029, witnessing a CAGR of 11.7% PUNE, MAHARASHTRA, INDIA, June 2, 2023 /⁨EINPresswire.com⁩/ -- Global Electric Vehicle …

Consumer Batteries Market Size 2023 is Booming Worldwide to Show Significant Growth, Forecast 2023-2029

PUNE, MAHARASHTRA, INDIA, June 2, 2023 /⁨EINPresswire.com⁩/ -- Global Consumer Batteries Market [2023-2029] Research Report Analysis and Outlook Insights | Latest Updated Report | 121 Pages Report | The Consumer Batteries Market Size, Share, Growth …

Carbon Capture and Sequestration (CCS) Market [2023] Global Industry Size, Growth Opportunities and Expansion by 2029

PUNE, MAHARASHTRA, INDIA, June 2, 2023 /⁨EINPresswire.com⁩/ -- Global Carbon Capture and Sequestration (CCS) Market [2023-2029] Research Report Analysis and Outlook Insights | Latest Updated Report | 83 Pages Report | The Carbon Capture and …

Global Solar Microinverter and Power Optimizer Market Research Report 2023

PUNE, MAHARASHTRA, INDIA, June 2, 2023 /⁨EINPresswire.com⁩/ -- Global Solar Microinverter and Power Optimizer Market [2023-2029] Research Report Analysis and Outlook Insights | Latest Updated Report | 96 Pages Report | The Solar Microinverter and …

Passenger Car Rental Market Size, Share And Growth Analysis For 2023-2032

The Business Research Company's Passenger Car Rental Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LONDON, GREATER LONDON, UK, June 2, 2023 /⁨EINPresswire.com⁩/ -- The Business Research Company’s global market …

Green Energy Market To Explore Ongoing Development Trends, Growth Dynamics, and Research Forecast by 2030

Green energy is renewable energy that is commercially viable and is used to generate energy around the globe. BURLINGAME, CALIFORNIA, UNITED STATE, June 2, 2023 /⁨EINPresswire.com⁩/ -- Coherent Market Insights, a leading Market Research Firm, has …

Trends and Opportunities in the Offshore Wind Turbine Market by 2031

Offshore Wind Turbine Market is estimated to surpass USD 39.2 billion by 2031 OREGON, PORTLAND, UNITED STATES, June 2, 2023 /⁨EINPresswire.com⁩/ -- The offshore wind turbine market was valued at $17.8 billion in 2021, and offshore wind turbine …

Imperial Petroleum Inc. Announces Record Date for Distribution of C3is Inc. Shares for Spin-Off of Two Drybulk Carriers

ATHENS, Greece, June 02, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, today announced that the record date for …