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Published on Jun 16, 2025

Russia boosts oil output by 3,000 bpd in May — OPEC

MOSCOW, June 16. /TASS/. Russia’s crude oil production went up by 3,000 barrels per day (bpd) in May 2025 to 8.984 mln barrels per day (mbd), though output was 14,000 bpd below the OPEC+ plan considering compensations and voluntary cuts, according …

Source: TASS - Gov't Propaganda
Published on Jun 16, 2025

OPEC calls for IEA restraint on stock releases as members monitor Israel-Iran risks

OPEC Secretary General Haitham al-Ghais has accused the International Energy Agency of raising “false alarms” amid Israeli attacks on Iranian nuclear facilities, after the agency’s chief hinted at potentially releasing emergency oil stocks. In a statement, …

Source: Hellenic Shipping News - Neutral
Published on Jun 15, 2025

Oil ministry attends key OPEC statistical meeting in Vienna

A delegation from Libya’s Ministry of Oil and Gas has taken part in the 24th Annual Statistical Meeting at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna. The meeting, attended by representatives from member …

Source: The Libya Observer - Neutral
Published on Jun 16, 2025

OPEC Stuck between Market Share Push, Demand Uncertainty

In the past, oil price wars were short, sharp and, to those who profited from them, sweet. Now, an oil price war is a more cautious affair—assuming what OPEC is doing with its supply return is a price war, of course. And because most assume just that, all …

Source: Oil Price - Neutral
Published on Jun 17, 2025

Why ongoing Iran-Israel conflict casts a big worry for global oil markets

As the tensions remain high in Middle East, the International Energy Agency has raised concerns over the energy infrastructures being targeted during Iran-Israel conflict could have major impact on the global oil markets. "The two countries have …

Source: ETEnergyworld.com - Indeterminate
Published on Jun 17, 2025

India may face ripple effect of Iran-Israel tensions as global oil prices soar

Guwahati, June 17: Although India is not directly affected by the Iran-Israel war, the sharp increase in international crude prices will severely impact India, as the country heavily relies on oil imports. Disruption in production by an oil-producing …

Source: The Assam Tribune - Pro-Government
Published on Jun 17, 2025

Oil up as Iran-Israel conflict keeps floor under prices

Oil prices rose today, with analysts saying that uncertainty would keep prices elevated, even as there were no concrete signs of any production losses stemming from the Iran-Israel conflict. Brent crude futures climbed 82 cents, or 1.1%, to $74.05 a barrel …

Source: RTE Ireland - Public Broadcaster
Published on Jun 17, 2025

Türkiye sees costlier energy but no supply risks amid Israel-Iran conflict

Türkiye is not experiencing any disruption in its natural gas supply amid concerns that escalating tensions between Iran and Israel could impact regional energy flows, a top official said late on Monday. But energy prices could continue to rise, Energy and …

Source: Sabah - Pending
Published on Jun 15, 2025

Media Advisory - Chairman of IsDB Group to Participate in ACG Heads Meeting and OPEC Fund Forum in Vienna

Vienna, Austria | 16-17 June 2025 – H.E. Dr. Muhammad Al Jasser, Chairman of the Islamic Development Bank (IsDB) Group, will participate in the 20th Annual Meeting of the Heads of Institutions of the Arab Coordination Group (ACG) on Monday, 16 June 2025, …

Source: Islamic Development Bank - Gov't Institution
Published on Jun 17, 2025

Oil rises as Iran-Israel conflict keeps floor under prices

SINGAPORE: Oil prices rose on Tuesday, with analysts saying that uncertainty would keep prices elevated, even as there were no concrete signs of any production losses stemming from the Iran-Israel conflict for now. Brent crude futures climbed 54 cents, or …

Source: The Malaysian Star - Indeterminate
Published on Jun 17, 2025

Iran's threat to the world's economy

Iran’s threat to block the Strait of Hormuz — a key global oil export route — is widely viewed by analysts as a bluff, given the steep economic cost such a move would entail. But even rumors of a shutdown could significantly drive up global oil prices, …

Source: Ynet - Indeterminate
Published on Jun 16, 2025

Globe Climate: Keeping G7 leaders safe from grizzlies

If you’re reading this on the web or someone forwarded this e-mail newsletter to you, you can sign up for Globe Climate and all Globe newsletters here. Good afternoon, and welcome to Globe Climate, a newsletter about climate change, environment and …

Source: The Globe and Mail - Neutral
Published on Jun 17, 2025

World oil demand to keep growing this decade despite 2027 China peak, IEA says

By Alex Lawler LONDON (Reuters) -Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper gasoline and slower electric vehicle adoption in the United States support oil use, the …

Source: Yahoo Finance - Center-left
Published on Jun 17, 2025

World oil demand to keep growing this decade despite 2027 China peak, IEA says

LONDON, June 17 (Reuters) - Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper gasoline and slower electric vehicle adoption in the United States support consumption, the …

Source: Zawya - Indeterminate
Published on Jun 17, 2025

5 facts on Strait of Hormuz, the focal point of global oil trade

Social media users on Monday shared photos claiming that three ships caught fire in the Gulf of Oman, near the Strait of Hormuz. While the authorities are yet to confirm these claims, here’s five facts about what is the Strait of Hormuz and its …

Source: Hindustan Times - Indeterminate
Published on Jun 17, 2025

Oil prices tick up again as Israel-Iran conflict spurs uncertainty

Oil prices climbed again on Tuesday amid concerns that the conflict between Israel and Iran may intensify, raising the risk of further unrest and the potential disruption of oil supply from the key Middle East producing region. Brent crude futures rose 34 …

Source: Sabah - Pending
Published on Jun 17, 2025

Oil prices rise as Iran-Israel conflict fans supply worries

Oil prices climbed over 2 per cent on Tuesday as Iran-Israel tension intensified and U.S. President Donald Trump urged "everyone" to evacuate Tehran, increasing the prospect of deepening unrest in the region and disruption to oil supply. The …

Source: Channel News Asia - Pro-Government
Published on Jun 17, 2025

Crude oil futures rise amid Trump’s call for Tehran evacuation

Crude oil futures rose on Tuesday morning following US President Donald Trump’s call for the evacuation of Tehran amid escalating tensions in the region. At 9.57 am on Tuesday, August Brent oil futures were at $73.62, up by 0.53 per cent, and August crude …

Source: The Hindu Business Line - Neutral
Published on Jun 17, 2025

PM Anwar: Energy Transition Must Be Inclusive, As Southeast Asia Attracts Only 2% Of Global Clean Investment

Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates. Energy industry leaders have called for urgent collaborative action to accelerate Asia’s transition to net-zero emissions at a major conference in Kuala …

Source: The Rakyat Post - Indeterminate

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Published on June 17, 2025 - 12:45 GMT

Liquefied Natural Gas (LNG) Market to Hit $135.7B in 2024, Driven by Energy Security & Clean Transition

Geopolitical tensions and the need for energy security are pushing nations to diversify gas supply through LNG imports. INDORE, INDIA, June 17, 2025 /⁨EINPresswire.com⁩/ -- Liquefied natural gas (LNG) market size was valued at $135.7 billion in 2024 and …

Distribution channels: Energy Industry ...
Published on June 17, 2025 - 22:09 GMT

Department of the Interior Moves to Expand Oil and Gas Development in Alaska’s National Petroleum Reserve

Date: June 17, 2025 Contact: Interior_Press@ios.doi.gov WASHINGTON — The Department of the Interior today announced a new step to support American energy independence and unleash the vast resource potential of Alaska’s National Petroleum Reserve. A draft …

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Published on June 18, 2025 - 03:36 GMT

EU Advances Proposal to Phase Out Russian Gas, Oil Imports by 2027

(MENAFN) The European Commission put forward a sweeping legislative proposal on Tuesday aiming to completely phase out Russian natural gas and oil imports into the European Union by the end of 2027. This initiative forms a key pillar of the Commission’s …

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Published on June 17, 2025 - 21:12 GMT

Attorney General Bonta Joins Coalition in Submitting a Comment Letter Opposing Offshore Oil, Gas Drilling

OAKLAND – California Attorney General Rob Bonta joined a coalition of 10 attorneys general in filing a comment letter with the U.S. Department of the Interior’s Bureau of Ocean Energy Management opposing offshore oil and gas drilling in the Atlantic and …

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Published on June 18, 2025 - 04:55 GMT

Global Renewable Energy Market to Surpass $2.5 Trillion by 2033 Amid Rising Demand and Green Innovations

The renewable energy market is set to reach $2.5 trillion by 2033, driven by rising demand, sustainability goals, and rapid adoption of green technologies. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The global renewable …

Distribution channels: Energy Industry, World & Regional ...
Published on June 18, 2025 - 04:43 GMT

Medium Voltage Vacuum Circuit Breaker Market Detailed Analysis and Forecast up to 2032

Medium Voltage Vacuum Circuit Breaker Market Expected to Reach $4 Billion by 2032 WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The medium voltage vacuum circuit breaker market is driven by the rise in demand for reliable …

Distribution channels: Electronics Industry, Energy Industry ...
Published on June 18, 2025 - 04:08 GMT

Advanced Process Control (APC) Market to Witness Exponential Growth by 2033

Advanced Process Control (APC) Market Expected to Reach $5.3 Billion by 2033 WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The Advanced Process Control (APC) market share is expected to witness considerable growth, owing to …

Distribution channels: Manufacturing, Technology ...
Published on June 17, 2025 - 15:30 GMT

Hose Pipe Market to Expand from $18.7 Billion in 2020 to $32.3 Billion by 2032, with a CAGR of 4.4% from 2023 to 2032

Hose Pipe Market to Expand from $18.7 Billion in 2020 to $32.3 Billion by 2032, with a CAGR of 4.4% from 2023 to 2032 WILMINGTON, DE, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- Hose Pipe Market Analysis The global 𝐡𝐨𝐬𝐞 𝐩𝐢𝐩𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 is …

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

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Published on June 18, 2025 - 04:55 GMT

Global Renewable Energy Market to Surpass $2.5 Trillion by 2033 Amid Rising Demand and Green Innovations

The renewable energy market is set to reach $2.5 trillion by 2033, driven by rising demand, sustainability goals, and rapid adoption of green technologies. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The global renewable …

Distribution channels: Energy Industry, World & Regional ...
Published on June 18, 2025 - 04:43 GMT

Medium Voltage Vacuum Circuit Breaker Market Detailed Analysis and Forecast up to 2032

Medium Voltage Vacuum Circuit Breaker Market Expected to Reach $4 Billion by 2032 WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The medium voltage vacuum circuit breaker market is driven by the rise in demand for reliable …

Distribution channels: Electronics Industry, Energy Industry ...
Published on June 18, 2025 - 04:33 GMT

Wireless Power Transmission Market to Witness Exponential Growth by 2032

Wireless Power Transmission Market Expected to Reach $50 Billion by 2032 WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The global wireless power transmission market is expected to witness considerable growth, driven by the …

Distribution channels: Energy Industry, Technology ...
Published on June 18, 2025 - 04:11 GMT

U.S. Clean Energy Market to Reach $198.2 Billion by 2033, Driven by Innovation and Policy Momentum

U.S. clean energy market to reach $198.2 Bn by 2033, driven by policy support, green tech, and rising demand in industrial and commercial sectors. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The U.S. clean energy …

Distribution channels: Business & Economy, Energy Industry ...
Published on June 18, 2025 - 04:11 GMT

Battery Swapping Market to Reach $642.7 Million by 2032 | Asia-Pacific Leads, Subscription-Based Services Drive Growth

Battery swapping market to reach $642.7M by 2032, driven by EV growth, fast charging needs, and subscription-based services, led by Asia-Pacific region WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a recent …

Distribution channels: Automotive Industry, Energy Industry ...
Published on June 18, 2025 - 03:08 GMT

Small Modular Reactor (SMR) Market to Reach $13.4 Billion, Driven by Decarbonization, Energy Security & Grid Flexibility

SMRs offer distinct advantages over traditional nuclear plants—modularity, factory-based construction, retrofitting potential. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The Small Modular Reactor (SMR) market is …

Distribution channels: Energy Industry, World & Regional ...
Published on June 17, 2025 - 23:43 GMT

SequoiaAT Taps New Sales Chief to Drive AI-First, Quantum Computing Transformation

Leveraging AI & quantum computing in software services to transform life sciences, cleantech, digital transformation & industrial automation via new sales hire SANTA CLARA, CALIFORNIA, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Business & Economy, Electronics Industry ...
Published on June 17, 2025 - 18:54 GMT

Andre Chavez Wins Best Poster Award at Prestigious IEEE Photovoltaic Specialists Conference

Osazda Energy's Chief Engineer, Andre Chavez, awarded at IEEE Photovoltaic Specialists Conference for Packaging, Reliability, Recyclability, and Supply Chain. ALBUQUERQUE, NM, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- Osazda Energy …

Distribution channels: Energy Industry ...
Published on June 17, 2025 - 18:07 GMT

Electrek Formula Sun Grand Prix 2025 to Host Over 30 Collegiate Solar Car Teams

Premier solar competition celebrates its 25th anniversary, returns to National Corvette Museum Motorsports Park for second consecutive year BOWLING GREEN, KY, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- The Innovators Educational …

Distribution channels: Automotive Industry, Education ...
Published on June 17, 2025 - 18:02 GMT

East Providence Firefighters Receive Non-PFAS Turnout Gear

The department becomes the first in the U.S. to adopt the gear department-wide EAST PROVIDENCE, RI, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- The East Providence Fire Department has become the first in the United States to purchase and …

Distribution channels: Emergency Services, Energy Industry ...
Published on June 17, 2025 - 17:18 GMT

Geothermal Rising Applauds Senate Draft Extending Tax Credits, Launches Push for Final Passage

Geothermal Rising backs Senate draft extending full geothermal 45Y/48E tax credits through 2033 (phase-down 2036) and urges swift passage for 24/7 clean power. WASHINGTON DC, DC, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 17, 2025 - 17:16 GMT

Business Modification Group Facilitates Sale of Maryland-Based Residential HVAC Company

Patrick Lange of Business Modification Group sells a Maryland HVAC firm with 500+ service agreements and $1.55M in revenue. The owner is retiring. MADISON, FL, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- Patrick Lange, founder of …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 17, 2025 - 15:30 GMT

Lead–Acid Battery Market Shows Steady Growth Driven by Automotive and Industrial Applications

Lead–acid batteries dominate for now due to cost, but lithium-ion and advanced technologies are set to lead the energy storage market in the next decade. WILMINGTON, DE, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- According to a new …

Distribution channels: Automotive Industry, Energy Industry ...
Published on June 17, 2025 - 15:19 GMT

OFICIO Group and Evertreen Join Forces to Drive Reforestation and Real-World Impact Through Every Hire

EAST GREENWICH, RI, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- We're proud to celebrate the growth of a partnership that reflects our values and extends our impact far beyond recruitment. In spring of 2024, OFICIO Group partnered …

Distribution channels: Business & Economy, Companies ...
Published on June 17, 2025 - 15:07 GMT

Wattson Home Solutions Responds to Solar Tariff Changes with Trusted, Local Installations in Massachusetts

Worcester, MA – As the US government increases tariffs on Chinese-made solar panels, Massachusetts homeowners are wondering how these changes will impact cost. WORCESTER, MA, MA, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- As the U.S. …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 17, 2025 - 14:00 GMT

Dainen Materials Reinforces European Market Strategy as Battery Recycling Regulations Advance

Japan-based trading firm leverages decade of European partnerships to strengthen support for region's circular battery transition HIMEJI, HYOGO, JAPAN, June 17, 2025 /⁨EINPresswire.com⁩/ -- Dainen Materials, a Japan-based trading company …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on June 17, 2025 - 13:53 GMT

Future-Proofing Power: Electrical Grid Market Set for Robust Expansion

Rising demand for efficient grids drives adoption of smart tech, energy storage, and advanced materials to boost reliability and reduce energy losses. WILMINGTON, DE, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Companies, Energy Industry ...
Published on June 17, 2025 - 13:32 GMT

MOTA 2025 – LE PRINCIPAL FORUM ANNUEL CONSACRÉ À L’INDUSTRIE MINIÈRE AFRICAINE REVIENT À PARIS LES 2 ET 3 JUILLET 2025

MOTA 2025 est votre passerelle vers une croissance durable dans un paysage minier africain en pleine transformation. PARIS, ÎLE-DE-FRANCE, FRANCE, June 17, 2025 /⁨EINPresswire.com⁩/ -- Mining On Top Africa (MOTA), le principal congrès minier …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 17, 2025 - 13:10 GMT

Global Marine Tank Cleaning Services Market Analysis 2025 – Insights For Long-Term Investment & Planning

The Business Research Company’s Marine Tank Cleaning Services Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 17, 2025 /⁨EINPresswire.com⁩/ -- The Business Research …

Distribution channels: Automotive Industry, Business & Economy ...
Published on June 17, 2025 - 12:52 GMT

Battery Energy Storage System Market to Soar to $27.7B by 2035, Growing at 27.2% CAGR

Technological developments in lithium-ion and next-gen battery chemistries are improving storage capabilities, fueling adoption. INDORE, INDIA, June 17, 2025 /⁨EINPresswire.com⁩/ -- Battery energy storage system market was valued at $8.1 billion …

Distribution channels: Energy Industry ...