Oil Imports News Monitoring

Sustainable Aviation Fuel: A Path to American Energy Leadership and Agricultural Prosperity

Few innovations present as much promise for strengthening America’s energy future and supporting farmers as Sustainable Aviation Fuel (SAF). More than a simple alternative to conventional jet fuel, SAF provides a strategic opportunity to bolster U.S. …

India’s goods trade deficit at a 42-month low on reduced gold, silver and crude imports

India’s gold and silver imports were at $2.7 billion, which is the lowest since June 2024, when the value was $2.5 billion. | Photo Credit: PTI India’s goods trade deficit was down to a 42-month low of $14.05 billion as imports of gold, silver and crude …

Major oil and gas reserves discovered in Waziristan

Pakistan has achieved a significant milestone in its energy sector with a new discovery in Waziristan. The Mari Petroleum Company Limited (MPCL) announced this finding on the Pakistan Stock Exchange (PSX). The new hydrocarbon reserves were found in the …

India's Trade Deficit Narrows To $14.05 Billion As Imports Fall To $50.96 Billion

Last Updated:March 17, 2025, 16:16 IST India's exports also decline for the fourth month in a row in February to $36.91 billion due to volatility in petroleum prices and global uncertainties. India's merchandise shipments witnessed a decline in …

Second large oil, gas reserves discovered in Waziristan

Listen to article Pakistan has made a significant breakthrough in its energy sector with the discovery of a second major oil and gas reserve in the Waziristan Block, according to an official statement. Mari Petroleum Company Limited (MPCL) informed the …

Two Trades To Watch: USD/JPY, Oil Forecast - Monday, March 17

Monday, March 17, 2025 8:20 AM EDT Image Source: Unsplash   USD/JPY holds steady ahead of the Fed & BoJ decisions this week The BoJ & the Fed announce rate decisions on Wednesday. US retail sales data is due today USD/JPY has paused above …

Oil Futures Climb on Geopolitical Events; Brent Trades at $71

Maria Eugenia Garcia DTN Energy Editor HOUSTON (DTN) -- Crude oil futures rose Monday morning amid news of a possible ceasefire in the Russia-Ukraine war and after U.S. President Donald Trump ordered air raids on various towns in Yemen to attack Houthi …

Oil Prices Start the Week With a Gain After U.S. Strikes on Yemen

Crude oil prices started the week with a jump following U.S. attacks on the Yemeni Houthis, with the Department of Defense stating the attacks will continue until the Houthis stop attacking ships traversing the Red Sea. At the time of writing, Brent crude …

Modular refiners await NNPC’s crude supply six months after pledge

Several modular refiners are still awaiting their first crude oil supplies despite the Nigerian National Petroleum Company Limited (NNPCL)’s pledge to support them as part of the federal government’s efforts to boost local refining capacity and reduce …

Crude falls to $42, but high tax keeps petrol, diesel prices high in India

India’s average crude oil import price has declined to $71.20 per barrel, marking a 42-month low, yet retail prices of petrol and diesel remain high due to taxation policies and refiners’ profit margins. Despite the reduction in international crude oil …

Petroleum Importers Limited (PIL) Denies Reports of Oil Shortage Letter

Petroleum Importers Limited (PIL) has dismissed claims that it has written to the Malawi Energy Regulatory Authority (MERA) regarding an oil shortage in the country. In a statement, PIL refuted the authenticity of a letter circulating on social media, …

Falling petrol prices seen threatening oil and gas stocks

The escalating competition between Dangote Refinery and PMS importers is posing a significant risk to the future performance of oil and gas stocks in Nigeria. As of March 12, the NGX Oil and Gas Index has recorded a 7% decline, driven by a broad downturn …

Petroleum Importers raises alarm on impending fuel shortage due to financing challenges

How Tinubu’s Subsidy Removal Plunged Niger Republic Into Crisis As Fuel Scarcity Worsens

Less than two years after President Bola Ahmed Tinubu ended Nigeria’s fuel subsidy, the effects of the decision are now being severely felt in neighboring Niger Republic. Findings by The PUNCH indicate that trade between the two countries surged by 82% in …

Grangemouth: A new dawn for the home of UK's oldest oil refinery?

Kevin KeaneBBC Scotland's environment correspondent ShareSave There is both concern and optimism about the Grangemouth site's long-term future The history of Grangemouth has been built on fossil fuels – but now its future depends on its reinvention …

Oil Prices Hit 3-year Low, Goldman Sachs Lowers Forecast Again

The American investment bank Goldman Sachs has once again lowered its oil price forecast for this year. Following last week's three-year low in international oil prices, the bank expects prices to continue falling. According to Reuters on March 16 ( …

Thinking Global, Acting Local: How Expert Petroleum Deals with Mature Fields

Michel Louboutin, Co-Founder and COO, along with Alex Serban, Subsurface New Ventures Manager, delve into the operations of Expert Petroleum—a company specialising in the exploitation of mature wells and the environmental considerations that are central to …

Fuel crisis looms as Malawi faces acute shortage of financing for petroleum products

Malawi is on the brink of another severe fuel crisis due to a crippling shortage of financing for the importation of petroleum products. Petroleum Importers Limited (PIL) has sounded the alarm, warning that the situation has become critical, with the …

Italy increases crude oil imports from Azerbaijan

Italy increases crude oil imports from Azerbaijan 17 March 2025 15:41 (UTC+04:00) Italy has significantly increased its imports of crude oil and crude oil products from Azerbaijan in the first two months of this year, Azernews reports, citing the State …

Europe Boiler System Market Growth Accelerates at 6.92% CAGR, Reaching USD USD 7.12 Billion by 2034 | Siemens AG, Bosch

Europe Boiler System Market Growing demand for energy-efficient heating solutions drives market expansion across industries. WASHINGTON, WA, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- Market Research Future published a report titled, …

Bio-LNG Market Trends: Driving Demand in Decarbonizing Heavy Transport & Shipping

Bio-Liquefied Natural Gas (Bio-LNG) Market: Sustainable Gas | APAC Dominate by South Korea, Hong Kong, Singapore, Japan WILMINGTON, DE, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market …

Gas Turbine MRO Market to Witness Massive Growth by 2032 | Ethos Energy LLC, Sulzer Ltd, Metalock Engineering Group

gas turbine MRO market was valued at US$ 12.25 Bn in 2022 and is expected to exhibit a CAGR of 6.6% over the forecast period to reach US$ 20.51 Bn by 2030 BURLINGAME, CA, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- The latest market …

Cooling and Heating as a Service Market Projected To Witness Substantial Growth, 2025-2032 | Veolia Environnement S.A

The global cooling and heating as a service market is estimated to be valued at USD 85.13 Bn in 2025 and is expected to reach USD 176.45 Bn by 2032 BURLINGAME, CA, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- The latest market …

PV Inverter Market Set to Witness Significant Growth by 2025-2032 | Delta Electronics, Inc, Fimer Group

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, March 18, 2025 /⁨EINPresswire.com⁩/ -- The latest market intelligence report …

Ring Main Unit (RMU) Market Growth: Rising Demand in Industrial & Urban Power Distribution Networks

Ring Main Unit (RMU) Market: Securing Power Networks | Asia-Pacific Dominate by Australia, Japan, South Korea, Taiwan, Singapore, India, Malaysia WILMINGTON, DE, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Bunker Fuel Market Emerging Trends, Size, Share, and Future Growth by 2025 -2032 |Gulf Agency Company Ltd, BP Marine Ltd

Global bunker fuel market was valued at US$ 26.93 Billion in 2022 in terms of revenue, exhibiting a CAGR of 7.1% during the forecast period (2023 to 2030). BURLINGAME, CA, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- The latest market …

AI in Renewable Energy Market Trends: The Future of Smart Renewable Energy Systems

Artificial Intelligence in Renewable Energy Market projected to grow at a CAGR of 23.2% from 2023 to 2032 WILMINGTON, DE, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the …

Carbon Credit Trading Market Growth: Driving Demand in Renewable Energy & Industrial Decarbonization

Carbon Credit Trading Platform Market Estimation Worth $556.8 Million by 2032 WILMINGTON, DE, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the carbon credit trading …

Steam Turbine Market Trends: Rising Demand in Renewable & Thermal Power Generation

Steam Turbine Market to exceed $22.4 billion by 2032 WILMINGTON, DE, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the steam turbine market size was valued at $17.5 billion …

Gas Turbine MRO Market Trends: Rising Demand in Power Generation & Aviation Industry

Gas Turbine MRO (Maintenance, Repair, Overhaul) Market Valuation USD 20.4 billion by 2032 WILMINGTON, DE, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, The gas turbine MRO …

Battery Swapping Market Growth: Rising Demand in Urban Mobility & Fleet Electrification

Battery Swapping Market Expected to Targets $642.7 million by 2032 WILMINGTON, DE, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the battery swapping market size was valued …

Lithium-ion Battery Market Trends: Driving Demand in EVs & Renewable Energy Storage

Lithium-ion Battery Market Share (CAGR of 15.2%) | APAC High Growth Rate by China, South Korea, Singapore, Australia, Hong Kong, Taiwan, Japan, India, Australia WILMINGTON, DE, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- According to …

Wolf River Electric Launches New & Improved Rebate and Referral Program

Solar Customers Can Earn More and Be Rewarded for Sharing Sunshine ISANTI, MN, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- Wolf River Electric is excited to announce the launch of its new and improved rebate and referral program, …

The UAE Strengthens Its Position as a Global Maritime Hub and Takes Action on Decarbonisation

The UAE strengthens its position as a global maritime hub, advancing sustainability, LNG bunkering, leadership programmes, and strategic policy initiatives. DUBAI, UNITED ARAB EMIRATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- Emirates Shipping …

E2SOL Teams Up with Yotta Energy to Launch Smart Solar Highway Median Power Infrastructure

PROVIDENCE, RI, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- – As the push for electrified transportation and clean energy infrastructure accelerates, E2SOL and Yotta Energy have announced an innovative Smart Solar Highway Median (SSHM) …

Green Power Solutions Unveils Ohmni – A Revolutionary AI Chatbot for Smarter Energy Management in Security Towers

Green Power Solutions is excited to announce the launch of Ohmni, an AI-powered chatbot designed to transform how businesses monitor and manage remote assets. REDRUTH, CORNWALL, UNITED KINGDOM, March 17, 2025 /⁨EINPresswire.com⁩/ -- Green Power …

His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan announces Strategic Partnership with Diginex (Nasdaq: DGNX)

Nomas announces Strategic Partnership with Diginex (Nasdaq: DGNX) for ADX Dual Listing, USD$250 Mn Capital Injection to Advance Sustainable Finance in the UAE Diginex Limited (NASDAQ:DGNX) ABU DHABI, UNITED ARAB EMIRATES, March 18, 2025 /⁨ …

Galvanic Energy names Humphers as president

OKLAHOMA CITY, OK, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- Galvanic Energy, with its subsidiary Bright Star Exploration, announced today that Chief Financial Officer Jeremy Humphers, CPA, will assume a new leadership role as the …

Growing Investments in Upstream Oil & Gas Boost the Well Testing Services Market

Growing oil demand in transport, unconventional resource exploration, and industry digitization drive global well testing services market growth. WILMINGTON, DE, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- The well testing services …