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Published on 09:31 GMT

Petrobras’ Dividend Payout Dilemma: Can Brazil’s Oil Giant Satisfy Both Investors and the State?

Petrobras, Brazil’s state-run oil company, faces a tough choice that matters for the country’s finances and its own future. The company’s board approved a payout of R$20 billion (about $3.4 billion) in extraordinary dividends in late 2024, giving …

Source: The Rio Times - Neutral
Published on 14:12 GMT

Brazil Oil Auction Sparks Fresh Climate Clash Near Amazon Mouth

Nine energy giants have just scooped up 34 offshore blocks in Brazil, reopening an old argument in a new decade: can a country that promises climate leadership still bankroll its ambitions with crude drilled a day’s sail from the Amazon River delta? A …

Source: LatinAmerican Post - Indeterminate
Published on 14:25 GMT

8 in 10 people support taxing oil and gas corporations to pay for climate damages, global survey finds

Bonn, Germany – A vast majority of people believe governments must tax oil, gas and coal corporations for climate-related loss and damage, and that their government is not doing enough to counter the political influence of super rich individuals and …

Source: Greenpeace International - Left-wing
Published on 14:15 GMT

IEA: Oil supply growth set to outpace demand

The new medium-term outlook sees China’s oil use peaking, EVs surging, and supply remaining secure despite geopolitical risks.Amid escalating geopolitical tensions and an uncertain global economy, the world’s oil markets are entering a new phase as the …

Source: Petrol Plaza - Neutral
Published on 03:38 GMT

Brazil Grants Oil Exploration Rights Near Amazon River, Sparking Environmental Outcry

Brazil’s government declared that multiple oil companies secured the rights to develop 19 offshore oil fields close to the Amazon River’s mouth. Credit: wikimedia commons / Arne Müseler CC BY 3.0 Brazil’s government announced on Tuesday that several …

Source: Greek Reporter - Neutral
Published on 15:18 GMT

Is eco-warrior Miliband destined to turn on the taps of North sea oil?

Ed Miliband was unequivocal about what he thought about plans to expand North Sea oil and gas production when speaking in opposition. Giving the go-ahead to the Rosebank oil field, he said, would be the equivalent of 56 coal-fired power stations running in …

Source: The Times - Center-right
Published on 11:11 GMT

Enhanced oil spill detection system launched for Brazilian waters

In cooperation with Brazilian provider of navigation, communication, and naval automation solutions Belga Marine, Norway-based ocean insights provider Miros has updated its oil spill detection (OSD) monitoring system for operations offshore Brazil. …

Source: Offshore Energy - Neutral
Published on 15:14 GMT

Futures Tumble, Oil Soars On Mounting Fears US Will Strike Iran

US equity futures tumbled amid mounting speculation the US will join Israel's war against Iran some time this weekend, fueling uncertainty and concerns about the inflationary impact of higher crude prices. S&P and Nasdaq 100 futures tumbled 0.8% on …

Source: Zero Hedge - Right-wing
Published on 14:23 GMT

India achieved 20% ethanol blending target six years early: Oil Minister Hardeep Singh Puri

Union Petroleum and Natural Gas Minister Hardeep Singh Puri talks about how biofuels and green hydrogen will fuel a $7–10 trillion economy vision. While talking to CNN News 18 he said, “India has already achieved 20 per cent ethanol blending in petrol—six …

Source: Financial Express - Neutral
Published on 15:54 GMT

Terra Drone and MODEC Renew Partnership to Advance Offshore Oil Tank Inspections

Japan’s Terra UT drone delivers safer, faster, and more accurate non-destructive testing for FPSO crude oil storage tanks by DRONELIFE Staff Writer Ian J. McNabb Japanese drone and uncrewed mobility company Terradrone recently announced the renewal of its …

Source: Dronelife - New Hampshire - Neutral
Published on 14:20 GMT

BYD sends thousands of EVs to Brazil ahead of final tariff hike

In May, BYDiBYDBYD Auto is a Chinese carmaker that became the world’s leading EV manufacturer in 2023, competing with Tesla for market share and global attention.READ MORE’s largest car carrier arrived in Brazil with 7,300 new electric vehicles. The …

Source: Rest of World - Neutral
Published on 12:28 GMT

Indian rapeseed meal exports soar as China replaces Canadian supply

MUMBAI: China is set to make record purchases of rapeseed meal from India following Beijing’s move to impose a 100% retaliatory tariff on Canadian imports, senior industry officials said. India’s rapeseed meal exports will help China, the world’s top …

Source: Business Recorder - Neutral
Published on 11:24 GMT

Brazil’s Foz do Amazonas oil exploration draws major bids

Chevron and ExxonMobil have successfully bid for exploration rights in Brazil’s Foz do Amazonas basin, a focus of environmental concerns in the region. The auction has raised concerns among indigenous and environmental groups, who argue that oil …

Source: Offshore Technology - Neutral
Published on 13:37 GMT

Oilfield Services Market Set to Witness Significant Growth by 2025-2032 | Oil States Industries, Nine Energy Service

Global oilfield services market is estimated to be valued at USD 138.70 .0 Bn in 2025 and is expected to reach USD 176.59 Bn by 2032 BURLINGAME, CA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- The latest research study released by …

Distribution channels: Business & Economy ...
Published on 08:35 GMT

Russia hopes Brazil can join China in replacing Western companies

“We believe that Brazilian companies could occupy some of the niches that were vacated in our market after the departure of Western companies and have not yet been fully filled by our Chinese colleagues,” Ilyichev said. Bilateral trade in goods like …

Source: Times LIVE - Indeterminate
Published on 05:28 GMT

DOE asks gas stations to give discounts for PUVs amid fare hike

The Department of Energy (DOE) urged gasoline station owners and operators to provide discounts for public utility vehicles (PUVs) affected by the anticipated jeepney fare hike, which is attributed to rising global oil prices resulting from escalating …

Source: Manila Standard - Pro-Government
Published on 04:33 GMT

Brazilian journalist reveals being a victim of xenophobia in Portugal

A Brazilian journalist living in Portugal for two years reported she was the victim of xenophobia last week at a gas station in Oeiras. “I’m Brazilian with great pride, Brazilian citizen. I’ve been living in Portugal for two years and had never experienced …

Source: Portugal Pulse - Neutral
Published on Jun 18, 2025

Brazil strikes oil exploration deals ahead of hosting COP30

As officials from Brazil, the host of this year’s COP30 climate talks, were at a summit Tuesday aimed at getting countries to follow their commitments to stave off climate catastrophe, the Brazilian government was taking bids from companies hoping to find …

Source: E&E News - Neutral
Published on Jun 18, 2025

Brazil’s Oil Gamble: Major Auction Draws Global Investors, Stirs Local Debate

Brazil’s government just held a big auction for oil and gas exploration. The event, run by Brazil’s National Petroleum Agency, offered 172 areas where companies can search for oil and gas. Major international companies like Petrobras, ExxonMobil, Chevron, …

Source: The Rio Times - Neutral

12 days 12:49:44

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Published on June 19, 2025 - 16:08 GMT

Gas Turbine Market to Reach $25.4 Billion by 2030 with Focus on Low-Carbon Solutions

Rising energy demand, tech advances, and shift to efficient gas-fired power are driving global growth in the gas turbine market. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 17:42 GMT

EU Delays Lowering Price Cap on Russian Oil

(MENAFN) The European Union has reconsidered its plan to decrease the price ceiling on Russian seaborne oil sales, European Commission President Ursula von der Leyen announced, according to a news agency. This initiative was meant to be a key element in …

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Published on June 19, 2025 - 17:37 GMT

Kremlin assures EU’s push to attack Russian oil ship-outs will have consequences

(MENAFN) The Kremlin has cautioned that the European Commission’s efforts to reduce the price cap on Russian oil exports may trigger instability in global energy markets. Kremlin spokesperson Dmitry Peskov made the remarks on Wednesday in response to …

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Published on June 19, 2025 - 08:28 GMT

Greenpeace MENA on Gulf of Oman oil spill: Swift intervention needed to prevent environmental disaster

BEIRUT, LEBANON, June 19, 2025 /⁨EINPresswire.com⁩/ -- Greenpeace Middle East and North Africa (MENA) has warned of a potential environmental disaster after two crude oil tankers collided between Iran and the United Arab Emirates on Tuesday. …

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Published on June 19, 2025 - 01:08 GMT

Interior Releases Major Update on Oil and Gas Potential Beneath U.S. Public Lands

Date: June 18, 2025 Contact: Interior_Press@ios.doi.gov RESTON, VA. — The Department of the Interior today released a U.S. Geological Survey report on undiscovered oil and gas resources in formations under the federally managed public lands of the U.S., …

Distribution channels: Environment
Published on June 19, 2025 - 07:47 GMT

Von der Leyen states EU to dismiss new Russian oil rate cap strategy

(MENAFN) The European Union has decided to pause its proposal to reduce the price cap on Russian seaborne oil sales, European Commission President Ursula von der Leyen announced, as reported by Agence France-Presse. This measure was meant to be a key part …

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Published on June 19, 2025 - 07:51 GMT

Oil rates proceed to increase amid Israel-Iran conflict

(MENAFN) Global oil prices surged nearly 5% due to the escalating military conflict between Israel and Iran, coupled with US President Donald Trump’s call for Iran’s immediate and unconditional surrender. Brent crude rose 4.4% on Tuesday to $76.45 per …

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Published on June 19, 2025 - 18:41 GMT

Cryogenic Ethylene Market is Expected to Reach $15.03 Billion by 2035 | Fact.MR

Analysis of Cryogenic Ethylene Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea ROCKVILLE , MD, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The global Cryogenic …

Distribution channels: Chemical Industry ...

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Published on June 19, 2025 - 19:24 GMT

Product Safety Consulting Adds Industry Veteran Lars Mellander to Drive Business Development

Experienced sales and account management professional joins 36-year-old safety and compliance company BENSENVILLE, IL, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Product Safety Consulting, a leading product safety testing and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 19, 2025 - 17:30 GMT

Australia Renewable Energy Market 2025-2033: Size, Share, Key Developments

The Australia renewable energy market size reached USD 165.8 billion in 2024, is expected USD 687.9 billion by 2033, growing at a CAGR of 16.6% from 2025-2033. BROOKLYN, NY, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- The latest report by …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 16:08 GMT

Gas Turbine Market to Reach $25.4 Billion by 2030 with Focus on Low-Carbon Solutions

Rising energy demand, tech advances, and shift to efficient gas-fired power are driving global growth in the gas turbine market. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 15:12 GMT

Consumers Prove Accurate in Predicting Gas Prices, Says Prosper Insights & Analytics

An analysis of the past 24 months confirms the high alignment between Prosper's early-month expectations and end-of-month actuals. WORTHINGTON, OH, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- New research from Prosper Insights & …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 15:11 GMT

Bio-LNG Market Set for Strong Growth, to Hit $3.4 Billion by 2032

Bio-LNG gains momentum as a clean fuel, backed by renewable policies and growing use in transport sectors, boosting its role in the global energy mix. PORTLAND, OR, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 14:30 GMT

ScreenXchange Announces Launch of SX Agent SAM - The First Vertical AI Voice Agent for Outbound Verifications

“SX Agent SAM is not just automating outbound verifications, – it’s redefining the process,” LOS GATOS,, CA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- ScreenXchange, a technology-led background screening platform, today announced the global …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 14:15 GMT

Electrolyzers Market Unlocks Multi-Billion Opportunity in Clean Energy Era

Electrolyzers are advancing beyond hydrogen production, with R&D boosting efficiency and global projects driving green hydrogen and energy storage adoption. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 13:58 GMT

Powering Progress: Industrial Solar Generator Market Poised for Global Expansion

Asia-Pacific leads the industrial solar generator market, driven by government support, rising investments, and growing renewable energy adoption. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a new published …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 13:35 GMT

PV Inverter Market Set to Witness Significant Growth Fueled by Rising Solar Installations: Forecast 2025–2032 | Eaton

The PV inverter market size is valued at US$ 15.33 billion by 2025, from US$ 42.54 billion in 2032, at a CAGR of 15.7% during the forecast period. BURLINGAME, CA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- The latest research study …

Distribution channels: Energy Industry ...
Published on June 19, 2025 - 13:27 GMT

PVH USA Case Study Confirms Industry-Leading Tracker Resilience in U.S. Hurricane and Snow Belt Regions

Wind-tunnel-tested design, less than 2-minute storm-stow and AI-driven SCADA combine to protect solar assets in Florida and the Midwest HOUSTON, TX, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- PV Hardware USA (PVH USA), a global provider …

Distribution channels: Business & Economy, Energy Industry ...
Published on June 19, 2025 - 13:00 GMT

RiskThinking.ai Releases Global Climate Risk Rankings For The World’s Largest Corporations

Leading innovator in climate risk intelligence, RiskThinking.ai, reveals global rank of corporate climate vulnerability through intuitive, open-source reports TORONTO, ONTARIO, CANADA, June 19, 2025 /⁨EINPresswire.com⁩/ -- Today, RiskThinking.ai …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 19, 2025 - 13:00 GMT

Certrec Announces Strategic Agreement with Framatome for its Fatigue Rule Management System

New agreement with Framatome broadens FRMS market reach, bringing Certrec’s innovative Compliance App to nuclear utilities nationwide. FORT WORTH, TX, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Certrec, a leading provider of regulatory …

Distribution channels: Business & Economy, Energy Industry ...
Published on June 19, 2025 - 12:52 GMT

Dr. Electric LLC Expands Electrification Services with Exclusive Qmerit Certification

Veteran-Owned Colorado Springs Electrical Contractor Becomes Certified Partner for EV Charging and Energy Transition Solutions COLORADO SPRINGS , CO, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Dr. Electric LLC, a veteran-owned electrical …

Distribution channels: Business & Economy, Companies ...
Published on June 19, 2025 - 12:15 GMT

R2 Recycling Hosts Community Electronics Recycling Events Across the U.S.

Contact R2 Recycling Today to Create a Greener Future for Your Community FORT WASHINGTON, PA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- R2 Recycling, a national leader in responsible electronics recycling, is proud to continue its …

Distribution channels: Business & Economy, Electronics Industry ...
Published on June 19, 2025 - 11:00 GMT

PCLGold Leads Pipe Stress Evaluation with ASME Code Changes with Shell FEA in Latest Software Release

PCLGold now includes 2024 ASME B31.3 and B31.1 updates, reinforcing code compliance and FEA-based pipe stress analysis with shell models. HOUSTON, TX, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Paulin Research Group’s 2025.4.0.2787 …

Distribution channels: Chemical Industry, Companies ...
Published on June 19, 2025 - 20:23 GMT

ENR Title 06.14.2025 NEW25684

U.S. Senate Committee on Energy and Natural Resources

Distribution channels: Energy Industry
Published on June 19, 2025 - 20:23 GMT

Heinrich Blasts Energy Secretary for Budget that Guts Energy Programs and Plays Politics with Independent Reviews

VIDEO: U.S. Senator Martin Heinrich (D-N.M.), Ranking Member on the U.S. Energy and Natural Resources Committee, questions U.S. Energy Secretary Chris Wright at a hearing on June 18, 2025. WASHINGTON — During an Energy and Natural Resources committee …

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Published on June 19, 2025 - 20:23 GMT

Condor Announces Director Election Results

CALGARY, June 19, 2025 (GLOBE NEWSWIRE) -- Condor Energies Inc. (TSX: CDR), a Canadian based energy company, is pleased to announce that the following five director nominees were elected at the Annual Meeting of Shareholders held on June 19, 2025: Name of …

Distribution channels: Companies, Energy Industry ...
Published on June 19, 2025 - 08:03 GMT

Power Inverter Technology Evolves with Focus on Grid Integration and IoT

Rising EV use, portable electronics, and renewable energy adoption are driving demand and investment in the power inverter market for a low-carbon future. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a new …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 07:32 GMT

Solar Energy Storage Market to Surpass $20.9 Billion by 2031, Driven by Green Energy Push

The solar energy storage market is projected to hit $20.9 billion by 2031, fueled by sustainability, lithium-ion tech, and demand from emerging economies. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- The solar energy …

Distribution channels: Business & Economy, Energy Industry ...