Oil & Gas Newswire

Otakikpo Onshore Terminal: Stakeholders See Crude Production Cost Dropping To $10/b

Nigeria’s oil industry is poised for a dramatic reduction in production costs following the development of the Otakikpo Onshore Crude Oil Export Terminal, the country’s first indigenous onshore terminal in over five decades. Industry leaders and …

Tinubu Signs New Executive Order to Slash Oil Production Costs, Boost Investor Confidence

As a follow-up to his recent efforts to raise crude oil production and attract investment to the oil and gas sector, President Bola Tinubu has issued a new Executive Order which seeks to lower project costs, attract more investors, and enhance revenues …

Top Wall Street analysts prefer these dividend stocks for consistent returns

The Home Depot logo is displayed outside a store on March 10, 2025 in San Diego, California. Kevin Carter | Getty Images Earnings of major U.S. companies and the uncertainty around tariffs continued to impact investor sentiment this week. While the stock …

AI, flooding, and fracturing tech tapped for oil and gas exploration

Efforts are being made to adopt AI, Water Flooding and Hydraulic Fracturing in the exploration of oil and gas in addition to the current methods in the energy sector, said Admiral Tin Aung San. Chairman of the Electric Power and Energy Development …

OIL & GAS REPORT 5-29-25

Colombian oil and gas E&P investments could increase by 8% in 2025 according to an industry group

Colombia's top industry group warned on Thursday that the country's investment in hydrocarbon exploration and production could increase by 8% to $4.68 billion this year. However, this will not prevent a decline in gas production. The Colombian Oil …

OPEC+ countries to boost output by another 411,000 bpd in July

MOSCOW, May 31. /TASS/. Eight OPEC+ countries voluntarily reducing oil production have agreed to increase production by another 411,000 barrels per day in July, which is in line with the initial three-month plan for production growth, according to …

Rachel Reeves, Angela Rayner, Ed Miliband - so who's doing MOST damage to UK economy?

Rachel Reeves, Angela Rayner, Ed Miliband - who do you blame most? (Image: Getty) The most obvious suspect is Rachel Reeves. As Chancellor, her fingerprints are all over the crime scene as Britain careers towards bankruptcy on her watch. But she didn’t act …

The Steel Industry’s Roller Coaster Ride Continues

The logo of Nippon Steel Corp. is seen at an office building where the company's head office in ... More Tokyo. (Photo by Kazuhiro NOGI / AFP) (Photo by KAZUHIRO NOGI/AFP via Getty Images)AFP via Getty Images Supply chain managers have always …

Breakthrough on lithium royalty rates announced by Arkansas Oil and Gas Commission

MAGNOLIA, Ark. — The Arkansas Department of Energy and Environment, Oil and Gas Commission (Commission), approved an application today in Magnolia, Ark., establishing a lithium compensation structure for SWA Lithium, LLC (SWA).  SWA’s application concerns …

Trump’s Tariff Pressure Can Stimulate U.S.–Asia Energy Cooperation

WASHINGTON, DC - FEBRUARY 14: U.S. President Donald Trump, accompanied by Energy Dominance Council ... More members (L-R) Environmental Protection Agency (EPA) Administrator Lee Zeldin, Energy Secretary Chris Wright, and Interior Secretary Doug Burgum. The …

As Trump fails to sanction Moscow, few expect breakthrough during upcoming Russia-Ukraine talks

As Ukraine and Russia prepare for peace talks scheduled for June 2 in Istanbul, few observers expect a breakthrough. While the U.S. and Ukraine have pushed for an unconditional ceasefire, the Kremlin has rejected it. Instead, Moscow has regularly voiced …

Amid New $8bn Investments, Tinubu Announces Fresh Incentives for Oil Sector

* To return 50% of incremental cost savings to investors  *Set to cut project costs, caps tax credit at 20% Emmanuel Addeh in Abuja As a follow-up to his recent efforts to raise crude oil production and attract investment to the oil and gas sector, …

Gas Cylinder Costs, Credit Card Guidelines, And EPFO 3.0 Rollout.

As May also winds down and june strategies, citizens across the country are bracing for several key economic adjustments set to roll out on june 1, 2025. From ability shifts in LPG gas cylinder charges to new credit score card policies and the launch of …

India cuts import tax on crude edible oils

NEW DELHI: India has reduced the basic import tax on edible oils by 10 percentage points, a move that is expected to improve domestic retail cooking oil demand. This move reduces the basic duty on crude palm oil (CPO), crude soybean oil and crude sunflower …

OPEC+ members to discuss oil output plan for July

Among the countries that have committed to voluntary adjustments to their output plans are Russia, Saudi Arabia, Iraq, the UAE, Kazakhstan, Algeria, Oman, and Kuwait, News.Az reports, citing foreign media. Those countries have voluntarily reduced …

What could Trump's EU tariff delays mean for oil and gas?

by: Chris Talley Posted: May 28, 2025 / 10:51 PM CDT Updated: May 28, 2025 / 10:51 PM CDT ODESSA, Texas (KMID/KPEJ) – President Donald Trump has agreed to delay a 50% tariff on European Union imports until July 9. This a sharp turnaround from …

Foreign oil partners to get first right of refusal in Indian exploration projects: Puri

New Delhi: Foreign oil and gas companies entering technical partnerships with Indian firms will be granted the right of first refusal (ROFR) in the event of hydrocarbon discoveries, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Friday. The …

Crude oil stability keeps Arkansas gas prices low despite increased demand

LITTLE ROCK (KATV) — According to the AAA Arkansas Weekend Gas Watch, the statewide gas price average in the state is $2.80 per gallon of regular unleaded fuel. Compared to this day last week, that price is the same, but is 27 cents less compared to this …

Facet Power, Kalulu Resources, & ReinAgri Announce ReinPower Climate-Smart Poultry Joint Venture

Transforming South Africa’s Poultry & Energy Sectors with Climate-Smart Innovation CAPE TOWN, WESTERN CAPE, SOUTH AFRICA, June 1, 2025 /⁨EINPresswire.com⁩/ -- Facet Power, Kalulu Resources, and ReinAgri have joined forces to launch ReinPower, …

leagend Debuts Smart UPS Battery Management Solution to Strengthen Power Security for Financial Institutions

leagend SOLUTIONS, a global leader in battery monitoring and intelligent power management systems, has officially launched its UPS Battery Management Solution. SHENZHEN, GUANGDONG, CHINA, May 31, 2025 /⁨EINPresswire.com⁩/ -- In response to the …

Deltron Electric Enhances Safety with Expert Electrical Panel Installations

Deltron Electric offers professional electrical panel installation services to enhance safety and efficiency in homes and businesses. COCOA, FL, UNITED STATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- Deltron Electric, a provider of residential and …

Lámparas colgantes: cómo esta tendencia transforma los espacios del hogar

Descubrí cómo las lámparas colgantes de UBID Iluminación combinan diseño, funcionalidad y estilo para transformar cada ambiente del hogar. BUENOS AIRES, BUENOS AIRES, ARGENTINA, May 30, 2025 /⁨EINPresswire.com⁩/ -- Las lamparas colgantes se han …

UAE’s Climate Law Signals a Global Shift: From Aspirations to Enforcement

The United Arab Emirates has enacted Federal Decree-Law No. 11 of 2024—a bold legislative move that elevates climate ambition into an enforceable obligation. DUBAI, UNITED ARAB EMIRATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- In a defining moment for global …

Simmitri Inc. Expands Access to U.S.-Made Solar Technologies Amid Supply Chain Concerns

Simmitri Inc. Offers Bay Area Property Owners a Smart, Tariff-Resistant Solar Option with Trusted American-Made Products and GAF Energy Partnership SAN JOSE, CA, UNITED STATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- As U.S. property owners face …

Carpe Diem Technology Solutions and Advanced Media Technologies (AMT) Announce Strategic Partnership

DEERFIELD BEACH, FL, UNITED STATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- Carpe Diem Technology Solutions and Advanced Media Technologies (AMT), a trusted leader in telecommunications with over four decades of industry expertise, are proud to …

Heinrich Leads Letter to the Department of the Interior Inspector General Urging Evaluation of Threats Posed by ...

WASHINGTON — U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Senate Energy and Natural Resources Committee, led seven Democratic Senate Energy and Natural Resources Committee colleagues in a letter urging the U.S. Department of the Interior …

Heinrich Presses Trump Administration on Plans to Transfer Public Lands

WASHINGTON — U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Senate Energy and Natural Resources Committee, sent a letter to U.S. Department of the Interior Secretary Doug Burgum demanding answers on the Department’s plans to transfer National …

Heinrich Invites U.S. Forest Service Chief to Pecos Watershed

Heinrich’s invitation follows the U.S. Forest Service’s decision to reverse Pecos Watershed mining withdrawal  WASHINGTON — U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Senate Energy and Natural Resources Committee, sent a letter inviting U …

Decarbonization Service Market 2025 Is Booming Worldwide by 2032 | Schneider Electric, ENGIE, Siemens, AECOM

CA, UNITED STATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- Decarbonization Service Market is estimated to be valued at USD 98.76 Bn in 2025 and is expected to reach USD 222.45 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 12.3% from …

Criterion HCM and Delta Constructors Take the Stage at Sage FUTURE 2025

Live Panel Discussion Showcases Real-World Impact of Unified HR Technology NORWALK, CT, UNITED STATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- Criterion HCM, the trusted HR platform designed to simplify the complex, is proud to announce a special joint …

Global Waste-Derived Biogas Market Outlook 2025-2034: Growth Drivers, Share, And Trends

The Business Research Company's Waste-Derived Biogas Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 30, 2025 /⁨EINPresswire.com⁩/ -- In recent years, the waste-derived …

Pioneers Heating & Air Shares New Guide to Year-Round HVAC Comfort

Local HVAC Experts Share Proactive Tips for Every Season PASADENA, CA, UNITED STATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- Pasadena’s mild climate isn’t as forgiving as it might seem, and seasonal weather shifts can still take a toll on HVAC …

MYPLANT & GARDEN MIDDLE EAST 2025 TO ACCELERATE GCC’S GREEN VISION

DUBAI, DUBAI EXPO CITY, UNITED ARAB EMIRATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- Myplant & Garden Middle East, the first and only international B2B trade fair in the Middle East dedicated to ornamental horticulture, is gaining strong momentum …

MENA: UAE’s Landmark Climate Law Takes Effect, Marking A Bold Leap Toward Regional Climate Leadership

ABU DHABI, UNITED ARAB EMIRATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- As the UAE Federal Decree-Law No. 11 of 2024 on the Reduction of Climate Change Effects officially comes into force on May 30, 2025, Greenpeace Middle East and North Africa (MENA …

Moonshot Missions' New Report: Clean Water Access Expanded to 12 Million Americans

Report highlights national expansion and innovative solutions bringing clean water access to underserved U.S. communities, funded in part by the EPA WASHINGTON, DC, UNITED STATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- Moonshot Missions, a nonprofit …

Avista issues all-source request for proposals for new energy and capacity resources along with Demand Response

SPOKANE, Wash., May 30, 2025 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking proposals from bidders to add energy and capacity including distributed energy resources, to meet projected resource needs. In addition, Avista is …

The York Water Company Files a Rate Request Based on $145 Million in Investment

YORK, Pa., May 30, 2025 (GLOBE NEWSWIRE) -- The York Water Company (NASDAQ:YORW) filed an application with the Pennsylvania Public Utility Commission (PUC) requesting a general increase in rates for water and wastewater services for its customers. “While …

Global Water Resources Declares Monthly Dividend

PHOENIX, May 30, 2025 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has declared under its dividend policy a monthly cash dividend in the amount of $0.02533 per common share (an annual …