Russia Oil & Gas Newswire

India, US, Russia “coming in” while China “went out” from the Afghan oil and gas exploration fields

Monitoring Desk: After showing the world that Afghanistan has huge potential for oil and gas exploration using Chinese expertise, Afghanistan has terminated its 25-year oil exploration and extraction contract with China’s CAPEIC in the Amu River basin and …

Russia to keep shipping gas and oil to Hungary, Hungarian foreign minister says

Budapest: Russian gas and oil deliveries to Hungary will continue, Foreign Minister Peter Szijjarto said on Thursday during a visit to Russia where he held talks with Russian Deputy Prime Minister Alexander Novak and top Rosatom and Gazprom officials. The …

Finance ministry sees no need to support Russia’s oil refining sector

ST. PETERSBURG, June 19. /TASS/. At present, the Russian Ministry of Finance does not consider it necessary to provide support to the domestic oil refining sector and opposes expanding the Mineral Extraction Tax on Additional Income from …

Russia ready to participate in oil and gas projects off Indonesian coast — Putin

STRELNA, June 19. /TASS/. Russia is ready to cooperate with Indonesia in the energy sector, including participating in oil and gas projects on the Indonesian shelf, Russian President Vladimir Putin said after talks with Indonesian leader Prabowo …

How Oil Price Shocks Drive Economic Growth: Iran War Impact Analysis

Oil prices climbed over 4% on Tuesday as the Iran-Israel conflict raged with no end in sight, with Brent crude futures reaching a six-month high of $74/bbl. This latest spike underscores a fundamental economic reality: oil remains the lifeblood of …

Strong rouble eats into Russia's oil profits despite rising global prices

An oil tanker. Photo: Getty Images Oil prices are rising, but Russia is not profiting from this as expected: the Kremlin’s revenues remain under pressure as the rouble strengthens. Source: Bloomberg Details: On 13 June, Urals oil rose to over $60 per …

EU plans to phase out Russian oil and gas imports

Russian losses 'entirely justified,' Zelensky says

Ukraine should continue to inflict "entirely justified" losses on Russia in the face of escalating aggression, President Volodymyr Zelensky said in his evening address on June 19. His remarks come two days after Russia launched one of its …

Denmark deploys ‘saildrones’ in Baltic to protect undersea cables from Russia

Denmark is deploying floating drones on the Baltic Sea to protect undersea infrastructure and bolster maritime surveillance amid the growing threat of hybrid attacks from Russia. The arrival of Saildrone, a California-based company, has prompted criticism …

Russia, US, Saudi Arabia Could Collaborate To Stabilise Oil Markets: Dmitriev

Home Russia Russia, US, Saudi Arabia Could Collaborate To Stabilise Oil Markets: Dmitriev Oil prices surged on Thursday after Israel struck Iranian nuclear sites in Natanz and Arak, sparking fears of a wider Middle East conflict disrupting crude supplies. …

Russia just accidentally admitted to its staggering troop losses in Ukraine

A senior Russian official on June 19 inadvertently confirmed the staggering troop losses incurred by Moscow's forces during its full-scale invasion of Ukraine. In an interview with CNN, Russian Ambassador to the U.K. Andrey Kelin was asked about Moscow …

Iran, diminished in OPEC, no longer holds oil trump card

At the height of the Yom Kippur War in 1973, Iran enthusiastically joined other OPEC countries in an oil embargo against Israel’s Western allies. Then one of the world’s biggest producers, the Islamic Republic had helped found the producer group a decade …

All eyes on Strait of Hormuz, but India needs to watch its oil vulnerability

How will the Israel-Iran conflict impact India’s oil economy? The assessments vary but one thing is common to all: crude oil prices have gone up and are likely to remain elevated. This is not only because oil supply from Iran will be impacted but also …

EU moves to ban Russian gas imports by 2027 despite opposition

In a bold yet contentious move, the European Commission has formally proposed a complete ban on Russian natural gas imports by the end of 2027, as part of a broader effort to sever the European Union’s longstanding energy ties with Moscow. The announcement …

Current oil spike does not match market fundamentals

The current spike in oil prices as a result of the Iran-Israeli conflict is to be viewed as a temporary phenomenon, as there is no change in oil market fundamentals, analysts say.  “Oil and gas are still flowing out from the Gulf. There are likely to be …

Finland could charge Russia-linked ship’s officers over cable breaks by ‘August at the latest’

Three men detained in Finland since Christmas Day after their ship severed multiple subsea cables in the Baltic Sea could be charged with criminal offenses within the next two months, according to the country’s prosecution authority. Jukka Rappe, Finland’s …

US Asked Ukraine Not To Attack Russian Energy, Zelensky Complains

Via The Libertarian Institute Ukrainian President Volodymyr Zelensky claimed that he was told by the US not to attack Russian energy infrastructure shortly after Vladimir Putin spoke with President Donald Trump. "Today, the Russians launched a stone- …

Chinese Companies Dominate Tender for Kazakhstan’s Associated Gas Pipelines Project

Chinese companies are dominating pipeline construction tenders at the Tengiz oilfield in Kazakhstan, operated by Chevron, an American multinational energy corporation, Upstream reported on Tuesday, citing sources privy to the project. The engineering, …

Serbia Allowed to Import Russian Gas Despite EU Regulations

As reported by the online media Suspilne. Serbia has the ability to import Russian gas for its own needs, as it is not a member of the European Union (EU). This was stated on June 19 by European Commission spokesperson Anna-Kaisa Itkonen in response to …

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 …

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 …

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 …

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 & …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

ENR Title 06.14.2025 NEW25684

U.S. Senate Committee on Energy and Natural Resources

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 …

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 …

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 …

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 …