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Published on 18:06 GMT

Anti-competitive behavior eyed in oil industry

MANILA, Philippines — The Department of Energy (DOE) is not ruling out the possibility of a cartel in the Philippine oil industry as it sharpens its watch on “anti-competitive” practices by some players. “I would not say that there is no cartel. Who they …

Source: Philstar - Neutral
Published on 14:20 GMT

OGRA launches second phase of digitizing Pakistan’s oil supply chain

The Oil and Gas Regulatory Authority (OGRA) has launched the second phase of its flagship initiative – Digitising Pakistan’s Oil supply chain. Building on the successful deployment of its online licensing system and the first phase of digitisation, OGRA …

Source: The Nation - Pro-Government
Published on 13:10 GMT

Latest US Tariffs Fuel Calls For ASEAN To Drop Barriers, Liberalise Trade -- Economists

By Nurunnasihah Ahmad Rashid KUALA LUMPUR, July 9 (Bernama) -- The latest wave of higher US tariffs on key ASEAN economies has reignited urgent calls for the bloc to dismantle internal trade barriers, as economists warn that entrenched protectionism could …

Source: Bernama - Pro-Government
Published on 14:42 GMT

Trump Slams Putin, Signals Ukraine Shift as Beijing Fuels Russia's War Machine

President Trump is losing his patience with Vladimir Putin. He vented his anger at the Russian president for ongoing attacks on Ukraine, and he's signaling a tougher stance. At a cabinet meeting Tuesday, the president said he's tried to "play …

Source: CBN News - Right-wing
Published on 07:51 GMT

Dangote Refinery Sourced 53% Local Crude in June, Aims for 100% by December

Dangote Industries Limited (DIL) expects Africa’s biggest refinery to rely totally on Nigerian crude by the end of the year, a move that would replace hundreds of thousands of barrels a day of imported oil, Bloomberg reported on Tuesday. The plant owned by …

Source: Arise News - Neutral
Published on 08:20 GMT

Mol Eyes Ukraine Port Access to Phase Out Russian Oil

Mol Nyrt., the Hungarian oil company that’s faced criticism for maintaining strong reliance on Russian energy, sees a pipeline from the Ukrainian port of Odesa as its best bet at diversification. The company wants to gain access to the Odesa-Brody crude …

Source: Rigzone - Neutral
Published on 07:18 GMT

No justification for stakeholders summit in the midstream downstream oil sector

BY DAN D. KUNLE It has just come to my attention, via Punch online, that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is proposing a stakeholders’ summit on petroleum product pricing standards. This is a strange move, …

Source: The Cable - Neutral
Published on 06:20 GMT

Oil slips from two-week highs as tariff uncertainty weighs

Singapore — Oil prices edged down on Wednesday after rising to two-week highs in the previous session, as investors awaited new developments on US tariffs amid expectations of rising crude inventories in the US. Brent crude futures slipped 7c, or 0.1%, at …

Source: Business Day - Neutral
Published on 06:59 GMT

Middle East crisis: Nigeria must look beyond higher crude prices

Ordinarily, reports of rising prices of crude oil in the international market should raise the hope of Nigeria for a better economic deal, both in safely implementing the 2025 federal budget, and in translating to improved welfare for the ordinary Nigerian …

Source: The Guardian (Nigeria) - Neutral
Published on Jul 8, 2025

Oil Prices Near 2-Week Highs On OPEC+ Output and U.S. Tariffs

Oil prices climbed Tuesday, hovering near two-week highs as markets absorbed the impact of a larger-than-expected OPEC+ production increase and ongoing uncertainty around US trade policy. As of mid-afternoon, Brent crude was up 89 cents at $70.47 per …

Source: Oil Price - Neutral
Published on 17:12 GMT

Hardeep Puri Highlights Huge Oil Potential In India's Andaman Sea At OPEC Seminar

(MENAFN- IANS) New Delhi, July 9 (IANS) India plans to explore and drill for oil and gas with a whole new momentum across 2.5 lakh sq kms in Round 10 under the Open Acreage Licensing Policy (OALP), Minister of Petroleum and Nautural Gas Hardeep Singh Puri …

Source: MENAFN - Indeterminate
Published on 05:57 GMT

Crude oil prices fall as industry data shows increase in US inventories; copper futures rise post Trump tariff

According to the industry body American Petroleum Institute (API), crude oil inventories in the US increased by 7.1 million barrels for the week ending July 4. Crude oil futures traded lower on Wednesday morning after an industry report showed an increase …

Source: The Hindu Business Line - Neutral
Published on 05:18 GMT

How used cooking oil could hinder aviation’s green fuel hopes

Members of the public delivering their used cooking oil to Evergreen Oil and Feed joint collection drive with the Melaka City Council. PHOTO: SAIRIEN NAFIS MELAKA, Malaysia – This is the starting point for the world’s – and especially Europe’s – lofty …

Source: Inquirer - Neutral
Published on 04:48 GMT

Share Market News: Trade Tariff Warnings, Stocks In Focus, Crude Oil Prices And Other Factors Likely To Affect D-Street ...

On July 8, US President Donald Trump repeated via a post on social media platform Truth Social, that an additional 10 per cent tariff will be charged to the BRICS nations. The US President also claimed that BRICS has been set up to weaken the US dollar. …

Source: Outlook Money - Pending
Published on 03:27 GMT

Dangote Refinery To End Crude Importation By Year-end – Report

The Dangote Refinery may end crude oil import as it considers sourcing the entire crude required for the 650,000-barrel-per-day refinery capacity in-country. According to a Bloomberg report, the refinery will rely entirely on Nigerian crude oil by the end …

Source: Leadership - Neutral
Published on 04:18 GMT

Bloomberg: Naira Breaks Away from Oil as Confidence in FG’s Reforms Grows

•Appreciates to N1540/$ on parallel market Emmanuel Addeh in Abuja and NumeEkeghe in Lagos with agency report The Naira appears to be breaking away from the price of oil, the nation’s main foreign-exchange earner, a mark of growing confidence in the …

Source: This Day - Pro-Government
Published on 02:44 GMT

Dangote refinery to rely 100% on Nigerian crude by year end –Report

From Adanna Nnamani, Abuja Dangote Industries Ltd. has said that its 650,000-barrel-per-day refinery, the largest in Africa, will rely entirely on Nigerian crude oil by the end of 2025, potentially displacing hundreds of thousands of barrels of imported …

Source: The Sun Nigeria - Indeterminate
Published on 02:45 GMT

Dangote Refinery cuts petrol ex-depot price to N820 per litre in fresh adjustment

Dangote Petroleum Refinery has announced a further reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N840 to N820 per litre. The new pricing takes effect immediately, according to a statement released by the …

Source: Nairametrics - Neutral
Published on Jul 8, 2025

Oil Prices Steady Amid Tariff Deadline Delay, OPEC+ Hike

NYMEX-traded WTI for August was down $0.05 bbl to trade near $67.88 bbl, and ICE Brent for September delivery advanced $0.05 bbl to $69.63 bbl. August RBOB gasoline futures rose $0.0173 to $2.1695 gallon, while the front-month ULSD futures contract fell $0 …

Source: Progressive Farmer - Neutral

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Published on July 9, 2025 - 13:03 GMT

Libya launches its first oil, gas exploration tender

(MENAFN) Libya has launched its first oil and gas exploration tender since the 2011 NATO-backed uprising that toppled former leader Muammar Gaddafi, drawing participation from 37 major international energy firms, Bloomberg reported on Wednesday. Massoud …

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Published on July 9, 2025 - 08:30 GMT

Pipe Coating Materials Market Regional Analysis, Competitor Strategies and Forecast To 2033

The growth of the global pipe coating materials market is majorly driven by rise in demand for corrosion protection in oil and gas, and wastewater industries. WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Allied Market …

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

Published on July 9, 2025 - 18:00 GMT

Scrubber System Market to Grow from $8.47 Billion in 2021 to $13.86 Billion by 2031, with a CAGR of 4.8%

Scrubber System Market Size, Share, Competitive Landscape and Trend Analysis Report 2031 WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive report by Allied Market Research titled “Scrubber System …

Distribution channels: Building & Construction Industry, Manufacturing ...
Published on July 9, 2025 - 18:01 GMT

Industrial Heating Equipment Market to Surge from $41.5 Billion in 2022 to $72.4 Billion by 2032, with a CAGR of 5.67%

Industrial Heating Equipment Market Size, Share, Competitive Landscape and Trend Analysis Report WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- The global industrial heating equipment market was valued at $41.5 billion in 2022 …

Distribution channels: Chemical Industry, Companies ...

Published on July 9, 2025 - 10:24 GMT

Actuators And Valves Market to Observe Strong Development by 2032

Actuators And Valves Market Expected to Reach $221.3 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "Actuators And Valves Market by Application and Type: …

Distribution channels: Electronics Industry, Manufacturing ...
Published on July 9, 2025 - 16:30 GMT

[Latest] Global Battery Backup Unit Market Size/Share Worth USD 43.64 Billion by 2034 at a 4.56% CAGR: Custom Market ...

Austin, TX, USA, July 09, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Battery Backup Unit Market Size, Trends and Insights By Battery Type (Lead-Acid Batteries, Lithium-Ion Batteries, Nickel-Cadmium Batteries …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 9, 2025 - 08:08 GMT

Geophysical Services Market Outlook: Exploring New Depths in Energy, Water, and Archaeology

Rising Green Energy Demand and AI Integration Propel Geophysical Services Market at 4.3% CAGR Through 2033 WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- According to a recent report by Allied Market Research, the …

Distribution channels: Energy Industry, Environment ...
Published on July 9, 2025 - 08:55 GMT

Gastech 2025 Announces Key Speaker Line-Up, Bringing Global Energy Leaders and Innovators to Milan

MILAN, ITALY, July 9, 2025 /⁨EINPresswire.com⁩/ -- • As the premier global gathering for natural gas, LNG, and other energy-related sectors, Gastech has just announced an elite speaker line-up for 2025, with leading CEOs such as Wael Sawan from …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on July 9, 2025 - 18:41 GMT

Mi4 Corporation and IADC Launch Modernized Global Safety Reporting Platform for the Drilling Industry

Mi4 successfully built and launched the new Incident Statistics Program (ISP) application for the International Association of Drilling Contractors (IADC) HOUSTON, TX, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Mi4 Corporation, a Houston- …

Distribution channels: Energy Industry ...
Published on July 9, 2025 - 18:39 GMT

Victory Powerline Services' oversight on overhead distribution saves $1.4M for Southeast electric utility

MOUNT DORA, FL, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Victory Powerline Services has completed inspection and oversight services on a major distribution hardening project that was part of a Southeast electric utility’s effort to improve the …

Distribution channels: Energy Industry ...
Published on July 9, 2025 - 17:00 GMT

Greater Lafourche Port Commission Acquires 743-Acre from the State of Louisiana to Support Argent LNG Project Expansion

METAIRIE, LA, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- At its monthly board meeting on July 9 , the Greater Lafourche Port Commission announced it approved the payment and acquisition of a 743-acre tract from the State of Louisiana, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 9, 2025 - 16:48 GMT

Rising Energy Demand Fuels Power Plant Boiler Market Growth to $31.1 Billion by 2031

Rising power demand, aging plant replacements, and energy efficiency needs drive steady growth in the power plant boilers market. WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied …

Distribution channels: Energy Industry, Technology ...
Published on July 9, 2025 - 15:44 GMT

Oliva Gibbs Ranked No. 7 on Vault’s 2026 List of Best Midsize Firms to Work For

Oliva Gibbs Ranked No. 7 Nationally on Vault’s 2026 Best Midsize Firms List, with Top-10 Scores in Technology, Inclusion and Firm Culture. HOUSTON, TX, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Oliva Gibbs is proud to announce that it …

Distribution channels: Business & Economy, Companies ...
Published on July 9, 2025 - 15:43 GMT

All Defendants Served as Full U.S. Seafood Industry Joins Legal Fight Against Empire Wind

From Boat to Market to Plate... Entire American Seafood Chain Now in Federal Lawsuit to Stop Foreign-Controlled Empire Wind Project TRENTON, NJ, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- From Boat to Market to Plate, Entire American …

Distribution channels: Energy Industry, Environment ...
Published on July 9, 2025 - 15:00 GMT

Craters & Freighters Seattle Enhances Crating and Shipping Services with JIT, Kanban, and Lean Manufacturing Principles

Seattle crating, shipping, and logistics leader boosts speed, precision, and savings with JIT, Kanban, and Lean—tailored for today’s demanding supply chains. SEATTLE, WA, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Craters & Freighters …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on July 9, 2025 - 14:53 GMT

EVerged Partners with AMPECO to Deploy 5,000+ EV Charging Points Across North America

VIENNA, VA, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- EVerged, a North American energy technology company, today announced a strategic partnership with AMPECO, a leading EV charging management platform provider, to rapidly scale EV …

Distribution channels: Automotive Industry, Business & Economy ...
Published on July 9, 2025 - 14:38 GMT

Covarrubia Energy UK and EDF announce strategic partnership to advance low-carbon energy from hard to recycle waste

Joint initiative to deliver 5GW of clean energy through circular power innovation LONDON, UNITED KINGDOM, July 9, 2025 /⁨EINPresswire.com⁩/ -- Covarrubia Energy UK, Ltd. (“Covarrubia”) together with EDF, Britain’s biggest generator of zero carbon …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on July 9, 2025 - 14:36 GMT

North Coast Communications Opens Asia Office

Firm to deliver strategic marketing, communications, and public affairs expertise across Asia with new hub in Manila. MANILA, PHILIPPINES, July 9, 2025 /⁨EINPresswire.com⁩/ -- North Coast Communications LLC has opened a new Asia Office to provide …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on July 9, 2025 - 13:45 GMT

Rising Solar PV Panels Market Demand: Market to Hitting $330.50B by 2032 | Says DataM Intelligence

The Global Solar PV Panels Market is set to grow from $180.29B in 2024 to $330.50B by 2032, driven by rising demand for clean energy and a CAGR of 7.87%. AUSTIN, NJ, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Market Overview 2025 The Global …

Distribution channels: Energy Industry ...
Published on July 9, 2025 - 13:15 GMT

GPRS Adds Sewer Visualization in Latest SiteMap Upgrade

The Update Adds Ammunition to Platform Providing a Single Source of Truth, Aboveground and Below MAUMEE, OH, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- GPRS announced a major update to its infrastructure visualization, GIS, and delivery …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on July 9, 2025 - 13:00 GMT

Alternus Clean Energy, Inc. Enters $17bn UK Microgrid Market with Innovative and Market Leading Energy Solution

Strategic expansion brings existing strong pipeline to one of Europe’s most supportive clean energy markets. Alternus Clean Energy (OTCQB:ALCE) NEW YORK, NY, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Alternus Clean Energy, Inc. (OTCQB: …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 9, 2025 - 13:00 GMT

Telaeris Partners with Stone Security to Deliver Mobile Access Control and Emergency Mustering Solutions

Strategic partnership brings reliable, proven handheld badge and biometric readers to high-security sites through Stone Security’s expert integration services. SAN DIEGO, CA, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Telaeris, Inc., a …

Distribution channels: Chemical Industry, Energy Industry ...
Published on July 9, 2025 - 11:53 GMT

Climate And Carbon Finance Market Growing at 33.7% CAGR | EcoAct (France), First Climate (Germany)

CA, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Climate And Carbon Finance Market is estimated to be valued at USD 656.04 Bn in 2025 and is expected to reach USD 5,010.14 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 33.7% …

Distribution channels: Energy Industry ...
Published on July 9, 2025 - 11:06 GMT

Power Semiconductor Market to Receive Overwhelming Hike in Revenues By 2032

Power Semiconductor Market Expected to Reach $79.9 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "Power Semiconductor Market, by Component, Product, …

Distribution channels: Electronics Industry, Energy Industry ...
Published on July 9, 2025 - 10:29 GMT

Chip On Board Light Emitting Diodes Market to Surge at a Robust Pace in Terms of Revenue Over 2032

Chip On Board Light Emitting Diodes Market Expected to Reach $5.5 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "Chip On Board Light Emitting Diodes …

Distribution channels: Electronics Industry, Energy Industry ...
Published on July 9, 2025 - 10:00 GMT

Everblue Partners with ElectriCities to Optimize Commercial and Industrial Lighting Rebates

HUNTERSVILLE, NC, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Everblue will revamp ElectriCities Commercial and Industrial Lighting Rebate Program, introducing new features and strategies that make energy-saving upgrades easier and more …

Distribution channels: Business & Economy, Energy Industry ...
Published on July 9, 2025 - 09:59 GMT

MADE IN ITALY A NEW LIQUID COOLING DATA CENTER

A new chapter in the Italian technological innovation and energy sustainability has been written with the inauguration of the new liquid cooling data center TREVISO, ITALY, July 9, 2025 /⁨EINPresswire.com⁩/ -- Treviso Italy July 9, 2025 - A new …

Distribution channels: Emergency Services, Energy Industry ...
Published on July 9, 2025 - 09:50 GMT

BB Energy Successfully Closes its Global Syndicated 1 Year Revolving Credit Facility at USD 375 million

The 1-year RCF will be used to refinance the maturing facility signed in July 2024, as well as for general corporate purposes. LONDON, UNITED KINGDOM, July 9, 2025 /⁨EINPresswire.com⁩/ -- BB Energy Group Holding Ltd. – known as BB Energy – a …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...