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Published on 12:16 GMT

America's oil industry in serious decline — thanks to Trump: WSJ

The collective stock value of America's oil and gas firms reportedly declined by over $280 billion following the announcement of President Donald Trump's controversial tariff policy. The Wall Street Journal reported Friday that this drop took place …

Source: AlterNet - Left-wing
Published on 14:08 GMT

Exxon exceeds Wall Street profit estimates, thanks to Guyana and Permian oil production

Exxon Mobil beat Wall Street's first-quarter profit estimate on Friday as higher oil and natural gas production in Guyana and Permian Basin helped boost earnings. According to data compiled and analyzed by LSEG, the profit for the quarter January-March …

Source: World Energy News - Connecticut - Pending
Published on 08:31 GMT

Crude oil futures gain on hopes of US-China trade talks

Oil pumps and rig at sunset istock photo for BL Crude oil futures traded higher on Friday morning after China indicated its willingness to hold talks with the US on trade tariffs. At 9.56 am on Friday, July Brent oil futures were at $62.53, up by 0.64 per …

Source: The Hindu Business Line - Neutral
Published on 12:32 GMT

Palm oil logs weekly loss on firmer ringgit, weak demand

KUALA LUMPUR: Malaysian palm oil futures reversed earlier gains on Friday, as a firmer ringgit and weak demand from key markets weighed on prices, while it logged a weekly loss. The benchmark palm oil contract for July delivery on the Bursa Malaysia …

Source: Business Recorder - Neutral
Published on 09:21 GMT

India's April palm oil imports drop 24%, remain below normal levels, dealers say

India's palm oil imports in April fell by nearly a quarter from the previous month, marking the fifth consecutive month below normal levels, as the tropical oil's premium over rival soyoil led to higher soyoil purchases, according to five dealers. …

Source: The Economic Times - Pending
Published on 12:21 GMT

Exxon, Chevron Q1 Earnings on Deck: Oil Price Plunge Puts the Squeeze on Results

Lower oil prices will have a major impact on the large US oil corporation’s Q1 earnings. US crude futures dropped to 59.72, the lowest since Jan 2021, focusing attention on Chevron (NYSE:CVX) and Exxon Mobil (NYSE:XOM) earnings due May 2 premarket. British …

Source: Investing - Neutral
Published on 12:52 GMT

IMF cuts 2025 MENA growth forecast amid trade and oil volatility

By Sharon Nakola in Nairobi, Kenya | chinadaily.com.cn | Updated: 2025-05-02 17:21 The International Monetary Fund has sharply downgraded its 2025 growth forecast for the Middle East and North Africa, warning that rising global trade barriers, volatile oil …

Source: China Daily Global - Gov't Propaganda
Published on 08:13 GMT

Shell profits plunge as oil prices fall on trade war fears - but energy giant plots another bumper share buyback

Adjusted earnings fall from $7.7bn to $5.6bn year-on-year as oil prices fall Shell plans 14th consecutive quarter of a buyback programme of at least $3bn By MIKE SHEEN Updated: 03:16 EDT, 2 May 2025 Shell’s profits fell by more than a quarter at the start …

Source: This Is Money - Neutral
Published on 08:34 GMT

Trump vows sanctions on any country that buys oil from Iran

President Donald Trump warned on Thursday that any country or person buying oil or petrochemicals from Iran will be cut off from doing any business with the United States. He posted the threat on Truth Social, writing: “Any Country or person who buys ANY …

Source: Cryptopolitan - Indeterminate
Published on 12:16 GMT

National Fuel Gas Company (NYSE:NFG) Q2 2025 Earnings Call Transcript

National Fuel Gas Company (NYSE:NFG) Q2 2025 Earnings Call Transcript May 1, 2025 Operator: Hello, and welcome to the National Fuel Gas Company Q2 Fiscal 2025 Earnings Conference Call. My name is Alex, and I’ll be coordinating the call today. [Operator …

Source: Insider Monkey - Neutral
Published on 08:16 GMT

Shell Q1 profit falls 35% amid weak oil prices

British energy giant Shell on Friday announced that its net profit dropped 35 percent in the first quarter, due to weaker oil prices. Shell said in an earnings statement that profits attributable to shareholders fell to $4.8 billion from $7.4 billion in …

Source: Punch - Indeterminate
Published on 15:41 GMT

Gas leak at OIL well in Dibrugarh evokes Baghjan blowout memories

Dibrugarh, May 2: A high-pressure gas leak from Oil India Limited’s (OIL) Well No. 309 in Nagajan village sent shockwaves through Assam’s Dibrugarh district on Thursday afternoon, triggering panic among residents and reigniting fears of another Baghjan- …

Source: Hub Network - Neutral
Published on 10:40 GMT

Newcastle oil refinery restarts operations after it ‘went boom’ in February

The Wyoming Refinery in Newcastle has resumed operations months after an apparent explosion in February forced the facility to remain idle for repairs. The refinery shut down following the Feb. 12 incident, which refinery owner Par Pacific of Houston …

Source: WyoFile - Wyoming - Left-wing
Published on 15:25 GMT

Equinor Offloads Major Stake in Brazilian Oil Field In $3.35 Billion Exit

Equinor ASA EQNR subsidiary, Equinor Brasil Energia, on Thursday, planned to sell its 60% operated interest in the Peregrino field in Brazil to Prio Tigris for $3.35 billion. The payment will be made in two tranches: $2.23 billion (plus a contingent of $ …

Source: Benzinga - Neutral
Published on 10:11 GMT

Agreement with Türkiye on Gas Power Plant Construction

An agreement has been reached between Hungary and Türkiye on the construction of a new gas power plant and the exploration and production of two domestic oil and gas fields, Minister of Foreign Affairs and Trade Péter Szijjártó announced. At a joint press …

Source: Hungary Today - Right-wing
Published on 15:44 GMT

Panic in Bokajan as borewell eruption triggers gas leak fears; area sealed for investigation

GUWAHATI, May 2: An early morning eruption of unidentified substances from a borewell at a residence in Bokajan, located in Assam’s Karbi Anglong district, sparked panic and prompted swift action from authorities amid fears of a potential gas leak. The …

Source: Hub Network - Neutral
Published on 10:15 GMT

Trump Demands End To Iranian Oil Purchases, Threatens Secondary Sanctions

US President Donald Trump has declared a strict halt to all global purchases of Iranian oil and petrochemical products, warning that any individual or country violating the directive will face immediate secondary sanctions. In a statement posted on Truth …

Source: Arise News - Neutral
Published on 17:02 GMT

Comparisons drawn between Grangemouth and Ravenscraig as oil refinery ceases operation

Motherwell and Wishaw’s MSP has drawn comparisons of the demise of Grangemouth’s oil refinery to the steel works at Ravenscraig. Clare Adamson blasted the UK Government after Grangemouth’s owner Petroineos confirmed Scotland’s only oil refinery has stopped …

Source: Daily Record & Sunday Mail - Left-wing
Published on 08:20 GMT

Reps panel gives oil firm 5 days to pay $4m royalties

The Public Accounts Committee (PAC) in the House of Representatives has directed OML18 Resources Limited, formerly Sahara Field Production Ltd, to remit $4.020 million to the Federation Account within five days. Chairman of the committee, Rep. Bamidele …

Source: Daily Trust - Pending

03 days 09:47:31

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Published on May 2, 2025 - 14:49 GMT

Climate Extremes Drive Historic Disruption in European Olive Oil Supply Chain

Climate extremes hit European olive oil production, driving prices up and prompting global shifts in supply, sourcing, and consumer buying habits. LONDON, ENGLAND, UNITED KINGDOM, May 2, 2025 /⁨EINPresswire.com⁩/ -- Ongoing climate extremes have …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on May 2, 2025 - 01:43 GMT

2025-59 HAWAIʻI CONDEMNS ADMINISTRATION’S ILLEGAL ATTEMPT TO INTERFERE WITH STATE LAWSUIT AGAINST BIG OIL, SUES FOSSIL ...

STATE OF HAWAIʻI KA MOKU ʻĀINA O HAWAIʻI DEPARTMENT OF THE ATTORNEY GENERAL KA ʻOIHANA O KA LOIO KUHINA JOSH GREEN, M.D. GOVERNOR KE KIAʻĀINA ANNE LOPEZ ATTORNEY GENERAL LOIO KUHINA HAWAIʻI CONDEMNS ADMINISTRATION’S ILLEGAL ATTEMPT TO INTERFERE …

Distribution channels: U.S. Politics

Published on May 1, 2025 - 23:58 GMT

2025-59 HAWAIʻI CONDEMNS ADMINISTRATION’S ILLEGAL ATTEMPT TO INTERFERE WITH STATE LAWSUIT AGAINST BIG OIL, SUES FOSSIL ...

STATE OF HAWAIʻI KA MOKU ʻĀINA O HAWAIʻI DEPARTMENT OF THE ATTORNEY GENERAL KA ʻOIHANA O KA LOIO KUHINA JOSH GREEN, M.D. GOVERNOR KE KIAʻĀINA ANNE LOPEZ ATTORNEY GENERAL LOIO KUHINA HAWAIʻI CONDEMNS ADMINISTRATION’S ILLEGAL ATTEMPT TO INTERFERE …

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Published on May 2, 2025 - 18:01 GMT

Texas political leaders are indifferent, if not hostile, to climate change ...

Although a major producer of greenhouse gases, Texas has avoided acknowledging climate change or planning for its impact. This story by MIT Environmental Solutions Journalism Fellow Phil Jankowski was originally published in The Dallas Morning News, where …

Distribution channels: Environment

Published on May 2, 2025 - 17:28 GMT

US, Ukraine ink minerals agreement

(MENAFN) The United States and Ukraine have officially signed a long-anticipated minerals agreement, granting Washington access to help develop Ukraine’s natural resources. The announcement came from US Treasury Secretary Scott Bessent and Ukrainian …

Distribution channels: ...
Published on May 2, 2025 - 15:54 GMT

Interior Department to Update Offshore Financial Assurance Rule to Support Future Energy Development

Date: May 2, 2025 Contact: Interior_Press@ios.doi.gov WASHINGTON — The U.S. Department of the Interior today announced its intent to revise the Bureau of Ocean Energy Management’s 2024 Risk Management and Financial Assurance for OCS Lease and Grant …

Distribution channels: Environment
Published on May 2, 2025 - 17:28 GMT

US senator issues warning to Russia with ‘bone-crushing’ sanctions

(MENAFN) US Senator Lindsey Graham has announced a new bill aiming to impose severe sanctions on Russia, claiming strong bipartisan support for the measure. The proposed sanctions, which Graham described as "bone-crushing," would include steep …

Distribution channels: ...
Published on May 2, 2025 - 06:23 GMT

Global Water Recycle and Reuse Market Size, Industry Segments, Regional Analysis, Growth, and Forecast, 2025-2032

Global water recycle and reuse market report covered key players such as Aquatech, Hitachi, Ltd., Veolia, SUEZ Worldwide, Tetra Tech, Inc., & Others. PUNE, MAHARAHTRA, INDIA, May 2, 2025 /⁨EINPresswire.com⁩/ -- Water scarcity is no longer a …

Distribution channels: Waste Management ...

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Published on May 2, 2025 - 17:00 GMT

EIN Presswire’s Debut Edition of ‘Heard on the Streets': PR Expert Clears Up Important PR Misconception

Sherrie Handrinos discusses how to earn media coverage and the key differences between earned PR and paid placement WASHINGTON, DC, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- In the debut edition of “Heard on the Streets,” a new series on …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on May 2, 2025 - 15:02 GMT

SABR Coalition Commends Reintroduction of Biodiesel Blenders Tax Credit in US House of Representatives

The biodiesel group and its members urge Congress to include the two-year BTC extension in the budget-reconciliation process. JEFFERSON CITY, MO, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- The Sustainable Advanced Biofuel Refiners (SABR) …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on May 2, 2025 - 13:19 GMT

Kitchener’s HVAC Company, Able Air Conditioning & Heating Inc. Celebrates Winning The 2025 ThreeBestRated® Trophy

KITCHENER, ONTARIO, CANADA, May 2, 2025 /⁨EINPresswire.com⁩/ -- HVAC is directly related to comfort. In the busy city of Kitchener, the importance of a good HVAC system can never be overstated, as its unpredictable climate demands a reliable …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on May 2, 2025 - 13:18 GMT

Hydrogen Compressor Market estimated to reach US$5.303 billion by 2030 at a CAGR of 6.15%

The hydrogen compressor market is anticipated to grow at a CAGR of 6.15% from US$3.934 billion in 2025 to US$5.303 billion by 2030. NEW YORK, NY, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- According to a new study published by Knowledge …

Distribution channels: Energy Industry ...
Published on May 2, 2025 - 12:15 GMT

MEA Energy Association Launches Utility Leadership Accelerator Program – Manager Edition

Empowering Mid-Level Utility Leaders Through Targeted, Industry-Specific Development BLOOMINGTON, MN, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- MEA Energy Association (MEA) is proud to announce the launch of its new Utility Leadership …

Distribution channels: Building & Construction Industry, Companies ...
Published on May 2, 2025 - 11:25 GMT

Business Awards UK 2025 Clean Energy Awards: Powering Progress in Renewables

DONCASTER, UNITED KINGDOM, May 2, 2025 /⁨EINPresswire.com⁩/ -- Business Awards UK is pleased to announce the winners and finalists of the 2025 Clean Energy Awards, recognising outstanding contributions across the UK’s clean and renewable energy …

Distribution channels: Business & Economy, Companies ...
Published on May 2, 2025 - 12:00 GMT

TurnOnGreen, Inc. Reports Strong Electric Vehicle Charging Network Growth in 2024

MILPITAS, Calif., May 02, 2025 (GLOBE NEWSWIRE) -- TurnOnGreen, Inc. (OTC:TOGI) (“TurnOnGreen” or the “Company”), a developer and provider of electric vehicle (“EV”) charging solutions and mission-critical power electronics products, today announced …

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Published on May 2, 2025 - 10:55 GMT

Brookfield Renewable Announces Strong First Quarter Results

All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, News, May 02, 2025 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable Partners”, "BEP") today reported financial results for …

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Published on May 1, 2025 - 20:52 GMT

Water On Demand Featured in Upcoming TV Series 'The Raise'

Highlighting creative solution to trillion-dollar water deficit CLEARWATER, FL, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Water On Demand Inc. (WODI), a fintech-focused company turning water systems into tax-leveraged assets, and American …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 1, 2025 - 20:33 GMT

PV-Carport-Lösungen mit smarter Parkplatzverwaltung: Gorfion Green Energy und EnoPark starten strategische Partnerschaft

Kunden von Gorfion Green Energy und EnoPark können PV-Carports inklusive intelligenter Parkplatzmanagement-Software ohne Eigeninvestitionen realisieren. KONSTANZ, GERMANY, May 1, 2025 /⁨EINPresswire.com⁩/ -- Die Gorfion Green Energy und das …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 1, 2025 - 18:40 GMT

PteroDynamics Exhibits at SOF Week 2025 Annual Conference for Special Operations Forces

COLORADO SPRINGS, CO, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- PteroDynamics Inc., an innovator in autonomous vertical takeoff and landing (VTOL) aircraft systems, today announced that it is exhibiting at SOF Week 2025, the annual convention for …

Distribution channels: Agriculture, Farming & Forestry Industry, Aviation & Aerospace Industry ...
Published on May 1, 2025 - 17:00 GMT

Klean Industries Secures Global Patent Protection for End-of-Life Tire Pyrolysis Technology

International PCT Patent Reinforces Klean’s Leadership in Advanced Resource Recovery NEW YORK, NY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Klean Industries Inc. (“Klean”), a global leader in tire pyrolysis and circular economy solutions …

Distribution channels: Chemical Industry, Energy Industry ...
Published on May 1, 2025 - 17:00 GMT

Edo Collaborates with Piclo to Bring Commercial Buildings into Connecticut Flexibility Marketplace

Edo and Piclo partner to bring flexible load from commercial buildings into Connecticut demand flexibility program. SEATTLE, WA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Edo, a leader in demand flexibility and building energy …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 1, 2025 - 16:32 GMT

Pando Electric Awarded $5.4 Million CEC Grant to Expand Multifamily Housing EV Charging Across California

Pando Electric wins $5.4M CEC grant to install 1,600+ EV chargers, bringing affordable, reliable charging to multifamily homes across California. SAN JOSE, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Pando Electric, the fastest-growing …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 1, 2025 - 14:25 GMT

Grimes Carbon Tech Says U.S. Can Produce Enough Rare Earths to Exceed Demand for the Next 1,000 Years

GCT to preview its proprietary technology on May 21, 2025 at 10 am EDT (GMT-4) NEW YORK, NY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Green energy start-up, Grimes Carbon Tech (GCT) will preview its proprietary technology for turning existing …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 1, 2025 - 14:00 GMT

Enact Solar Announces Strategic Partnership with Renusol

Partnership will Enable Solar Installers to Streamline Operational Efficiency and Reduce Costs Through Software Platform Integration PLEASANTON, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Enact Solar, the award-winning intelligent …

Distribution channels: Energy Industry ...
Published on May 1, 2025 - 13:00 GMT

A Leader In Hurricane Prediction, Weather 20/20 Predicts 20 Named Storms

Backed by 3 years of top-ranked accuracy, Weather 20/20 forecasts a high-impact 2025 hurricane season with major U.S. landfall threats. KANSAS CITY, MO, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Weather 20/20, a global leader in …

Distribution channels: Agriculture, Farming & Forestry Industry, Emergency Services ...
Published on May 1, 2025 - 12:58 GMT

Advanced Recycling Market estimated to reach US$3.783 billion by 2030 at a CAGR of 13.08%

The advanced recycling market is anticipated to grow at a CAGR of 13.08% from US$2.046 billion in 2025 to US$3.783 billion by 2030. NEW YORK, NY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- According to a new study published by Knowledge …

Distribution channels: Energy Industry ...
Published on May 1, 2025 - 12:45 GMT

CustomWeather Launches a-la-carte Customized Daily Weather Reports

Construction, Energy, Outdoor Venues, Agriculture and Marine sectors can order weather reports and forecasts, delivered daily for pinpoint locations worldwide. MILL VALLEY, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- CustomWeather, Inc. …

Distribution channels: Agriculture, Farming & Forestry Industry, Building & Construction Industry ...
Published on May 1, 2025 - 12:45 GMT

CustomWeather Launches a-la-carte Customized Daily Marine Reports

Offshore Platforms, Dredging, Marine Surveying and related marine sectors can order custom marine reports, delivered daily for pinpoint locations worldwide. MILL VALLEY, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- CustomWeather, Inc. …

Distribution channels: Building & Construction Industry, Energy Industry ...