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Published on 10:18 GMT

China amasses record-high oil reserves amid Middle East conflict

NEW YORK, June 20. /TASS/. Crude oil stockpiles in China have reached record levels amid the escalation of the conflict in the Middle East. Local refineries are reportedly unfazed by potential supply disruptions from the region and are in no rush …

Source: TASS - Gov't Propaganda
Published on 06:46 GMT

Africa Global Logistics joins Angola Oil & Gas 2025 as bronze sponsor

Africa Global Logistics (AGL) – a leading multimodal logistics, transport and port operations company in Africa – has joined the Angola Oil & Gas (AOG) 2025 conference as a bronze sponsor. The event will take place on September 3-4 in Luanda. AGL’s …

Source: Logistics Update Africa - Pending
Published on 06:41 GMT

OMV Petrom signs EUR 700 mln contract for pre-treated used cooking oil to process after 2028

OMV Petrom (BVB: SNP) has signed a new purchase contract for pre-treated used cooking oil with Astra Bioplant of Bulgaria, a company part of the Bulmarket group owned by Bulgarian businessman Stanko Stankov, SNP announced in a note to investors. In June …

Source: Romania Insider - Neutral
Published on 06:05 GMT

China’s Record Oil Stockpile Offers Buffer as Iran Crisis Builds

At present, China’s total onshore inventory stands at a record 1.18 billion barrels, according to Kayrros, which monitors stockpiling. That includes holdings in the private oil-refining region of Shandong, which reached a peak of 355 million barrels, with …

Source: Financial Post - Center-right
Published on 05:28 GMT

No reason for price hike as refined sugar remains exempt from SST, Finance Ministry tells MSM

KUALA LUMPUR, June 20 — Refined sugar (or commonly known as white sugar) remains tax-free under the revised Sales and Service Tax (SST) that will take effect on July 1, 2025, said the Ministry of Finance (MOF). The MOF said in a statement today that raw …

Source: Malay Mail - Neutral
Published on 05:10 GMT

Iran Maintains Oil Exports during Conflict with Israel

Fri 20 Jun 2025 | 06:18 AM As tensions between Iran and Israel escalate into direct military confrontation, Tehran is quietly repositioning its oil export strategy to protect a crucial revenue stream and navigate tightening U.S. sanctions. According to two …

Source: Sada Elbalad - Gov't Propaganda
Published on 04:39 GMT

World Bank, AfCFTA, Others Task Regulatory Agencies on Protection of Consumers in Nigeria’s Downstream Oil Sector

Peter Uzoho As Nigeria’s downstream oil and gas sector matures with deregulation of pricing and open competition, some senior officials from the World Bank, African Continental Free Trade Area (AfCFTA), and petroleum marketers have charged regulatory …

Source: This Day - Pro-Government
Published on 04:26 GMT

Refined sugar to stay tax-exempt, says Finance Ministry

PETALING JAYA: Refined sugar, commonly known as white sugar, will remain untaxed under the revised sales and service tax (SST) framework set to take effect from July 1, says the Finance Ministry. Addressing concerns raised by manufacturer MSM Malaysia …

Source: The Malaysian Star - Indeterminate
Published on 04:24 GMT

Which cooking oil is the healthiest — olive, avocado or coconut?

If you’re not sure which are the healthiest oils and fats to use in your cooking, you are not alone. With conflicting studies being published as to which is best, along with heated debate on social media, it’s no surprise that we’re confused. So which …

Source: The Times - Center-right
Published on 04:05 GMT

PM mounts Labour Day platform: Promises committee to assess refinery reopening

Prime Minister Kamla Persad-Bissessar, who made history in 2010 as T&T’s first female Prime Minister, had another momentous moment yesterday—standing on the Joint Trade Union Movement’s (JTUM) Labour Day platform at Charlie King Junction in Fyzabad. …

Source: CNC 3 - Neutral
Published on 01:37 GMT

Saudi crude oil exports via Strait of Hormuz near 2-year high as Israel-Iran conflict unfolds

Saudi Arabia, the world’s largest crude oil exporter, shipped the most product through the Strait of Hormuz in almost two years in the week ended June 15 just as the Israel-Iran conflict began, according to a June 17 report by S&P Global Commodities at …

Source: Hellenic Shipping News - Neutral
Published on 02:15 GMT

No Risk of Oil Shortage Despite Regional Tensions – Energy Minister

Energy Minister Kumara Jayakody assured the public that there is no risk of a petroleum shortage in the coming months, despite rumours triggered by escalating tensions in the Middle East. Speaking at a press conference held at the Government Information …

Source: Lanka News Web - Pending
Published on 02:01 GMT

Security forces shut down clandestine oil refinery in Veracruz

Federal authorities located a clandestine oil refinery in Veracruz at which they seized more than half a million liters of crude, Security Minister Omar García Harfuch reported on Wednesday. “As a result of field intelligence work and reconnaissance …

Source: Mexico News Daily - Center-left
Published on 00:00 GMT

Scarcity Of Domestic Crude Oil Forced Us To Rely On US Imports – Dangot

Share President and Chief Executive of the Dangote Group, Aliko Dangote, has disclosed that the Dangote Refinery and Petrochemicals has had to increasingly rely on crude oil imports from the United States in recent months due to a persistent shortage of …

Source: New Telegraph - Pending
Published on 00:00 GMT

Naphthenic Base Oil Market to Reach USD 4.35 Billion by 2035, Growing at 3.9% CAGR

Analysis of Naphthenic Base Oil Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea MD, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The global naphthenic base oil …

Distribution channels: Chemical Industry ...
Published on 00:01 GMT

Ministry asked to get IMF nod for oil tax

Listen to article ISLAMABAD: The Special Investment Facilitation Council (SIFC) has directed the Ministry of Finance to swiftly secure consent of the International Monetary Fund (IMF) for imposing sales tax on petroleum products as the matter has stalled …

Source: The Express Tribune - Indeterminate
Published on Jun 19, 2025

Nigerian Navy Seizes 76 Vessels in Two-Year Crackdown on Oil Theft

By Camillus Eboh ABUJA, June 19 (Reuters) – The Nigerian Navy has arrested 76 vessels and at least 242 suspects in anti-oil theft operations, and destroyed more than 800 illegal refining sites during a two-year crackdown, it said on Thursday. Rampant oil …

Source: gCaptain - Neutral
Published on Jun 19, 2025

Kandla port congestion may cause edible oil shortage: Traders to Govt

Traders have warned of edible oil shortages in local markets and supply disruptions as several vessels — mainly carrying Indonesian crude palm oil — remain stranded at Kandla Port, awaiting cargo unloading amid “heavy congestion”.India is the world’s …

Source: The Indian Express - Center-left
Published on Jun 19, 2025

California is to examine its Amazon oil ties following pleas from Indigenous leaders from Ecuador

RICHMOND, California (AP) — An oil tanker sat docked at Chevron’s sprawling refinery in Richmond on Thursday — a visible link between California’s appetite for Amazon crude and the remote rainforest territories where it’s extracted. RICHMOND, California ( …

Source: Coast Reporter - Pending

11 days 11:36:01

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Published on June 20, 2025 - 11:30 GMT

Allstream Expands Service Offerings Adding Strategy Consulting & Generative Engine Optimization GEO SEO for Oil and Gas

HOUSTON, TX, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Allstream Energy Partners, a leader in providing strategic consulting and innovative solutions for the energy sector, is thrilled to announce the expansion of its service portfolio …

Distribution channels: Chemical Industry, Energy Industry ...
Published on June 20, 2025 - 05:36 GMT

Global survey finds 8 out of 10 people support taxing oil and gas corporations to pay for climate damages

A majority of people believe governments must tax oil, gas and coal corporations for climate-related loss and damage, and that their government is not doing enough to counter the influence on politics of the super-rich and polluting industries. These are …

Distribution channels: Human Rights

Published on June 20, 2025 - 00:00 GMT

Naphthenic Base Oil Market to Reach USD 4.35 Billion by 2035, Growing at 3.9% CAGR

Analysis of Naphthenic Base Oil Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea MD, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The global naphthenic base oil …

Distribution channels: Chemical Industry ...
Published on June 19, 2025 - 16:08 GMT

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 …

Distribution channels: Energy Industry, Technology ...

Published on June 20, 2025 - 14:49 GMT

Green Transition Powers Renewable Fuel Market to $2.0 Trillion by 2031

Net-zero goals and energy transition are boosting demand for renewable fuels, though cheap alternatives and oil price volatility may limit growth. WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Automotive Industry, Energy Industry ...
Published on June 20, 2025 - 21:00 GMT

Univest Securities, LLC Announces Closing of $2.37 Million Registered Direct Offering for its Client Houston American ...

New York, June 20, 2025 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering ( …

Distribution channels: Banking, Finance & Investment Industry ...
Published on June 20, 2025 - 11:03 GMT

Glass Reinforced Epoxy (GRE) Pipes Market to Surpass US$ 4.45 Billion, Expanding at 5.4% CAGR by 2035: Fact.MR Analysis

Glass Reinforced Epoxy (GRE) Pipes Market set for steady growth driven by demand in offshore drilling, water treatment, and chemical processing sectors. ROCKVILLE, MD, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The global Glass Reinforced Epoxy …

Distribution channels: Chemical Industry ...
Published on June 20, 2025 - 08:13 GMT

Explosion Proof Lighting Market Expected to Witness Sustainable Growth Over 2032

Explosion Proof Lighting Market to Register Unwavering Growth Until 2032 WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The global explosion proof lighting market is experiencing significant growth and is expected to grow …

Distribution channels: Electronics Industry, Technology ...

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Published on June 20, 2025 - 20:55 GMT

The Chill Brothers Acquires Webb Air Heating & Cooling

Acquisition strengthens The Chill Brothers’ presence in Fort Worth. FORT-WORTH, TX, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The Chill Brothers, a leading provider of residential and commercial HVAC services in Texas and North Carolina …

Distribution channels: Companies, Consumer Goods ...
Published on June 20, 2025 - 20:18 GMT

CURVE ENERGY CORP. PROVIDES TRANSACTION UPDATE

CURVE ENERGY CORP. PROVIDES TRANSACTION UPDATE: SHAREHOLDER APPROVAL OF CONTINUANCE AND AMALGAMATION, EXECUTION OF AMENDING AGREEMENT VANCOUVER, BRITISH COLUMBIA, CANADA, June 20, 2025 /⁨EINPresswire.com⁩/ -- Curve Energy Corp. (the “Company” or “ …

Distribution channels: Banking, Finance & Investment Industry, Chemical Industry ...
Published on June 20, 2025 - 20:00 GMT

Princeton Logistics Launches Aerospace & Defense Division

Support Government and Military Contractor Growth PRINCETON, NJ, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Princeton Logistics, a recognized leader in e-commerce middle mile and time-definite LTL services, is proud to announce the …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on June 20, 2025 - 16:30 GMT

Websnoogie, LLC Launches Revolutionary Free SEO Audit App Delivering Instant Website Analysis

Revolutionary app delivers complete SEO audits in under two minutes, making professional-grade optimization insights accessible to all businesses. OMAHA, NE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Websnoogie, LLC, a leading provider …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on June 20, 2025 - 16:30 GMT

BLUETTI Launches Elite 100 V2 Portable Power Station for Camping and Short Outages

LAS VEGAS, NV, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- BLUETTI, a leading innovator in portable power solutions, has officially unveiled its latest innovation, the Elite 100 V2 portable power station, built for camping trips and short- …

Distribution channels: Consumer Goods, Electronics Industry ...
Published on June 20, 2025 - 16:24 GMT

Artificial Intelligence (AI) Certificate Programs Added at Madison Education Group (MEG)

MEG AI Certificate Programs MELBOURNE, FL, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Madison Education Group (MEG), a premier provider of professional development certifications and trainings, continues to expand its certificate …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on June 20, 2025 - 15:45 GMT

Home Improvement Specialist Logan MacMillen of All Weather Seal Shares Insights on Choosing Best Features in HelloNation

TRAVERSE CITY, MI, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- What should homeowners prioritize when selecting window and bathroom upgrades that will stand the test of time? According to Logan MacMillen of All Weather Seal in Traverse …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 20, 2025 - 15:33 GMT

Ferris State University Hosts Two Project MFG National Welding Championships, Showcasing the Future of Skilled Trades

Ferris State University hosted the 2025 Project MFG Maritime Welding Championship and the National Welding League Championship highlighting the best welders. BIG RAPIDS, MI, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Ferris State …

Distribution channels: Automotive Industry, Consumer Goods ...
Published on June 20, 2025 - 15:31 GMT

Clean Fuel Shift Powers LNG Engine Market to $10.7 Billion by 2033

LNG engine market grows with stricter emissions rules, cost benefits, and rising marine and transport use, despite high costs and limited refueling sites. WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- According to a new …

Distribution channels: Energy Industry, Technology ...
Published on June 20, 2025 - 14:49 GMT

Green Transition Powers Renewable Fuel Market to $2.0 Trillion by 2031

Net-zero goals and energy transition are boosting demand for renewable fuels, though cheap alternatives and oil price volatility may limit growth. WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Automotive Industry, Energy Industry ...
Published on June 20, 2025 - 14:20 GMT

OCAST Launches $500K Innovation Grant Opportunity for Private Sector Companies

Oklahoma companies can now apply for up to $500K in non-dilutive funding to solve industry problems and drive statewide economic growth. OKLAHOMA CITY, OK, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The Oklahoma Center for the …

Distribution channels: Energy Industry, Environment ...
Published on June 20, 2025 - 13:16 GMT

Power Purchase Agreement Market Forecast: $18.4 Billion by 2031, 4.9% CAGR Growth

The power purchase agreement market is set to grow as corporates adopt renewables and PPAs help mitigate risks for energy producers and buyers. WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on June 20, 2025 - 13:15 GMT

Methanol Market Size, Share, Growth and Future Business Opportunities to 2030: The Latest Research 2025

The global methanol market is projected to reach $54.6 billion by 2030, growing at a CAGR of 5.06% from 2022 to 2030. WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research recently published a report, titled, …

Distribution channels: Business & Economy, Energy Industry ...
Published on June 20, 2025 - 12:55 GMT

Power Plant Maintenance Market Forecast: $33.2 Billion by 2031, 4.8% CAGR Growth

Rising electricity demand and government CO₂ reduction efforts drive growth in power plant maintenance, with solar energy adoption boosting the trend. WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on June 20, 2025 - 12:21 GMT

Norm OJSC Signs Balancing Agreement with Azerenerji and Enerso Jabrayil to Advance Green Energy Transition

The agreement positions Norm as a frontrunner in industrial decarbonization, advancing Azerbaijan’s clean energy goals through solar power integration. BAKU, AZERBAIJAN, June 20, 2025 /⁨EINPresswire.com⁩/ -- Norm OJSC, Azerbaijan’s leading …

Distribution channels: Business & Economy, Energy Industry ...
Published on June 20, 2025 - 11:30 GMT

Allstream Expands Service Offerings Adding Strategy Consulting & Generative Engine Optimization GEO SEO for Oil and Gas

HOUSTON, TX, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Allstream Energy Partners, a leader in providing strategic consulting and innovative solutions for the energy sector, is thrilled to announce the expansion of its service portfolio …

Distribution channels: Chemical Industry, Energy Industry ...
Published on June 20, 2025 - 09:18 GMT

EV Charging Station Market Accelerates on Green Mobility Wave – A USD 226.3 Billion Opportunity by 2031

Rise in adoption of electric vehicles and supportive government initiatives drive the global electric vehicle charging station market. WILMINGTON, NEW CASTLE, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- According to a recent report …

Distribution channels: Electronics Industry, Energy Industry ...
Published on June 20, 2025 - 08:03 GMT

Wire and Cable Market Estimated to Experience a Hike in Growth By 2032

Wire and Cable Market Expected to Reach $323.8 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The wire and cable market is expected to continue growing in the coming years, owing to …

Distribution channels: Electronics Industry, Energy Industry ...
Published on June 20, 2025 - 08:01 GMT

Copper Wire and Cable Market to Register Substantial Expansion By 2030

Copper Wire and Cable Market Expected to Reach $267.17 Billion by 2030 WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "Copper Wire and Cable Market By Type, Voltage, and Application: …

Distribution channels: Electronics Industry, Energy Industry ...
Published on June 20, 2025 - 08:01 GMT

Cables and Wires for Aerospace and Defense Market to Witness Robust Expansion throughout the Forecast Period 2022 – 2032

Cables and Wires for Aerospace and Defense Market Expected to Reach $47 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "Cables And Wires For …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...