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Published on 11:46 GMT

Here’s Hungarian oil and gas giant MOL’s big announcement concerning non-Russian oil

Hungarian oil and gas company MOL on Thursday said it signed an oil trading agreement with state-owned energy company MVM Group. The agreement aims to further diversify the region’s energy supply portfolio, with a focus on landlocked Hungary and Slovakia, …

Source: Daily News Hungary - Neutral
Published on 11:14 GMT

UK petrol prices poised to fall further as oil production may be stepped up

Global oil prices have tumbled by more than $1 a barrel in a sign that pressure on households at the petrol pumps could ease further. The price of Brent crude fell to $63.86 a barrel on Thursday following reports that the Opec oil cartel and its allies may …

Source: The Guardian - Center-left
Published on 05:41 GMT

Oil prices little changed as surprise US inventory builds cap gains

TOKYO :Oil prices were little changed on Thursday as investors stayed cautious, focusing on renewed Iran-U.S. nuclear talks, though unexpected builds in U.S. crude and fuel inventories raised concerns about demand from the world's largest oil consumer. …

Source: Channel News Asia - Pro-Government
Published on 14:03 GMT

MOL to use more non-Russian oil with help of MVM

The MOL Group and MVM Group have signed an oil trading agreement to further diversify the supply portfolio in the CEE region, in particular in the landlocked Hungary and Slovakia. The cooperation will allow MOL to increase the amount of alternative oil …

Source: CEENERGYNEWS - Pending
Published on 07:16 GMT

Turkey Strikes New Deepwater Gas Reserve in Black Sea Shelf

Turkey has added another 75 Bcm to its tally of Black Sea gas reserves with the announcement of a new discovery at the Göktepe-3 well in 3500-m water depths. President Tayyip Erdogan announced the discovery at an event in Istanbul on 17 May, saying the new …

Source: Journal of Petroleum Technology - Neutral
Published on 07:44 GMT

Plunging Oil Strengthens Ukraine's Hand with Russia Gas

Ukraine has cut Russian gas imports and Gazprom cannot afford to lose Ukraine. Ukraine has a stronger hand to play at talks with Russia on gas supplies thanks to the fall in oil prices, which has dragged down gas prices, and after showing it can live on …

Source: World Energy News - Connecticut - Pending
Published on 11:18 GMT

Hungarian companies combine their capabilities to transport Azerbaijani oil

Hungarian oil and gas company MOL and state-owned energy company MVM will jointly charter tankers to transport up to 160,000 metric tons of crude oil per year from Azerbaijan to further diversify the energy supply of Hungary and Slovakia, APA-Economics …

Source: APA - Pending
Published on 06:03 GMT

Hungary and Azerbaijan build a strategic bridge between Europe and the Turkic World – Expert opinions

The partnership between Hungary and Azerbaijan represents a pragmatic and forward-looking model of international cooperation. At a time when Europe grapples with energy insecurity and political fragmentation, Hungary’s decision to deepen its ties with …

Source: News.Az - Pro-Government
Published on 07:42 GMT

Rawicz Commercial Gas Discovery

by Joseph R. Fonseca February 25, 2015 San Leon Energy plc, company focused on oil and gas exploration in Europe and North Africa, informed that highly positive well test results for Rawicz-12 indicates that the Company expects it could result in its …

Source: World Energy News - Connecticut - Pending
Published on 10:11 GMT

FM: Hungary is prepared for extensive strategic cooperation with the Turkic states

Péter Szijjártó, Minister of Foreign Affairs and Trade, has stated that Hungary is prepared for extensive strategic cooperation with the Turkic states. "We are ready for this in all areas," the foreign minister said at an informal meeting of …

Source: About Hungary - Gov't Institution
Published on 03:07 GMT

Ukraine to pitch harsher Russian sanctions to EU next week as US sanctions fall through, Reuters reports

Ukraine is set to pitch a larger number of recommendations to the European Union next week as to how the bloc can continue to ramp up economic pressure on Moscow through sanctions, Reuters reported on May 21. The additional recommendation penned in the …

Source: The Kyiv Independent - Neutral
Published on 10:49 GMT

Poland checking for explosive devices near power cable with Sweden after Russian shadow fleet spotted

Poland is looking into whether any explosive devices were planted where a ship from Russia's "shadow fleet" was seen moving suspiciously near a power cable linking Poland with Sweden on Wednesday, Polish Prime Minister Donald Tusk said. …

Source: Hindustan Times - Indeterminate
Published on 06:31 GMT

Europe Gas Prices hit six-week high on tighter supply, concerns over Ukraine, Middle East

Dutch and British wholesale gas prices rose to their highest in more than six weeks on Wednesday, supported by lower supply from Norway, competition for liquefied natural gas and worries about Ukraine peace talks and unrest in the Middle East. The …

Source: Hellenic Shipping News - Neutral
Published on 06:04 GMT

Ukraine Urges West to Cut Russian Oil Price Cap to $30

Ukraine has asked the EU to go beyond the 17th package of sanctions against Russia and, among other restrictions, cut the Russian oil price cap by half to $30. According to Ukrainian Foreign Minister Andriy Sybiha, it is necessary to deter Russia and …

Source: Kyiv Post - Indeterminate
Published on 09:15 GMT

Iowa Drivers Set to See Lowest Memorial Day Gas Prices in Years

While many items in stores remain expensive, the one area where Iowans actually are saving some money is at the gas pump. And as we head towards the Memorial Day weekend, prices at the pump will be the lowest in years. What is the Average Price of Gas per …

Source: Q 107.5 - Iowa - Pending
Published on 13:14 GMT

US approves SDB precision munitions for Poland

An SDB moments before impacting a hardened aircraft shelter during testing. Poland is set to receive the weapon, with US government approval announced on 21 May. (US Navy) The US government has approved the sale of Boeing GBU-39/B Small Diameter Bombs …

Source: Janes - Neutral
Published on 05:24 GMT

Anatomy of an Ecocide: The ‘Czech Trump’ and the Mysterious Poisoning of the Becva River

On a September afternoon five years ago, along a quiet stretch of the Becva river in the foothills of the Moravian mountains, the fish started acting strange. Stanislav Pernicky heard about it on the phone and hurried over to see for himself. The fish were …

Source: Balkan Insight - Neutral
Published on 07:17 GMT

UK Urges G7 to Lower Russian Oil Price Cap to Pressure Putin

The UK urged its Group of Seven allies to agree a cut to the price cap on Russian oil, saying the move is necessary to put further pressure on President Vladimir Putin to end Russia’s war in Ukraine. “Pressure on Russia’s war machine is needed now more …

Source: Rigzone - Neutral
Published on 06:45 GMT

Oil Prices Fall as Uncertainty Clouds Market Outlook

Crude oil prices, which had been on the rise earlier this week, retreated partially following a report of an inventory build in the United States that traders apparently did not expect as well as uncertainty surrounding geopolitical developments in the …

Source: Oil Price - Neutral

04 days 12:43:00

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Published on May 22, 2025 - 12:00 GMT

Trio completes acquisition of cash flow positive oil and gas assets in prolific heavy oil region of Saskatchewan Canada

Bakersfield, CA, May 22, 2025 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today is pleased to announce that it has closed on the balance of certain petroleum and natural …

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Published on May 22, 2025 - 12:39 GMT

Fire Breaks Out on BBLT Oil Platform

(MENAFN) A fire broke out early on Tuesday morning at the Benguela Belize Lobito Tomboco (BBLT) offshore oil platform located off the coast of Angola, injuring 17 workers who were performing scheduled maintenance work, as reported by the country’s oil and …

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Published on May 22, 2025 - 12:40 GMT

Fire breaks at Chevron oil platform off Angola coast

(MENAFN) A fire broke out early Tuesday morning on the Benguela Belize Lobito Tomboco (BBLT) offshore oil platform, operated by Chevron subsidiary Cabinda Gulf Oil Company Limited (CABGOC), off Angola's coast. The incident occurred around 3 a.m. local …

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Published on May 21, 2025 - 20:57 GMT

Interior Releases Assessment of Undiscovered Oil and Gas Resources in Southwestern Wyoming

Date: May 21, 2025 Contact: Interior_Press@ios.doi.gov WASHINGTON — The Department of the Interior today announced the release of a new U.S. Geological Survey assessment identifying significant undiscovered, technically recoverable oil and gas resources in …

Distribution channels: Environment

Published on May 21, 2025 - 20:14 GMT

Trio completes acquisition of cash flow positive oil and gas assets in prolific heavy oil region of Saskatchewan Canada

Bakersfield, CA, May 21, 2025 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today is pleased to announce that it has closed on the balance of certain petroleum and natural …

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Published on May 21, 2025 - 22:56 GMT

Iraq's Oil Ministry Denounces Kurdistan's Energy Agreements with U.S. Companies

(MENAFN) On Tuesday, Iraq's Oil Ministry rejected recent energy agreements between the Kurdistan Regional Government (KRG) and U.S. companies, deeming them a violation of Iraqi law. In a statement, the ministry asserted that the deals, valued at …

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Published on May 21, 2025 - 22:57 GMT

Oil Prices See Uptick Amid Fears of Israeli Attacks on Iran

(MENAFN) Oil prices moved higher on Wednesday due to escalating fears of potential supply disruptions following reports that Israel may be gearing up to target Iran's nuclear sites. Brent crude, the global benchmark, was up approximately 0.67%, trading …

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Published on May 22, 2025 - 14:41 GMT

Meeting of 16-17 April 2025

Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 16-17 April 2025 22 May 2025 1. Review of financial, economic and monetary developments and policy options …

Distribution channels: Banking, Finance & Investment Industry

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Published on May 22, 2025 - 15:00 GMT

Pioneers Medical Center Named Top 5 Rural Hospital in Colorado

This prestigious award from the Colorado Rural Health Center honors the top overall performing hospitals and clinics in rural communities throughout the state. MEEKER, CO, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Pioneers Medical Center …

Distribution channels: Automotive Industry, Business & Economy ...
Published on May 22, 2025 - 15:00 GMT

EticaAG Appoints Pablo Barrague as Vice President of Partnerships and Commercial Development

EticaAG appoints energy storage veteran Pablo Barrague to lead partnerships and growth of its non-flammable, immersion-cooled BESS. PITTSBURGH, PA, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- EticaAG, a leader in non-flammable battery energy …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 22, 2025 - 13:13 GMT

Future of Submarine Cable Systems Market | Industry Value & Key Players 2025 | DataM Intelligence

The Submarine Cable Systems Market is projected to grow at a 13% CAGR from 2024 to 2031, driven by rising demand for high-speed global connectivity. AUSTIN, TX, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Submarine Cable Systems Market …

Distribution channels: Energy Industry ...
Published on May 22, 2025 - 13:00 GMT

Energy Thought Leader Peter Asmus of Pathfinder Communications Recently Featured on Close Up Radio

BODEGA BAY, CA, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- For several decades, the issues surrounding climate change and energy have taken center stage. While some viewpoints are apathetically in denial, other viewpoints offer a doomsday, …

Distribution channels: Book Publishing Industry, Energy Industry ...
Published on May 22, 2025 - 13:00 GMT

Palmetto Welcomes Chris Dawson to Lead Strategic Growth Initiative

CHARLOTTE, NC, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Palmetto, a leading provider of clean technology products and services, today announced the appointment of Chris Dawson as President of a newly launched strategic growth initiative …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 22, 2025 - 11:00 GMT

Baker Communications Inc. Teams with Objective Management Group (OMG) to Tackle Sales Resilience Gaps

New program from Baker Communications helps sales teams and leaders build resilience, grounded in research and assessment data from Objective Management Group. HOUSTON, TX, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Baker Communications, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 22, 2025 - 10:56 GMT

Renewable Energy Leader Adani Green Energy Limited (AGEL) Automates Engineering Process to Fast-Track Gigascale Project

AGEL partnered with CCTech to automate engineering design process at the world’s largest solar park, driving rapid progress & sustaining growth momentum. PUNE, MAHARASTA, INDIA, May 22, 2025 /⁨EINPresswire.com⁩/ -- Adani Green Energy Limited ( …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on May 22, 2025 - 10:42 GMT

Kaluza acquires Australian energy software specialist Beige Technologies

Acquisition strengthens Kaluza’s global software offering and expands APAC footprint to accelerate the energy transition LONDON, LONDON, UNITED KINGDOM, May 22, 2025 /⁨EINPresswire.com⁩/ -- Kaluza, the advanced software platform for energy, has …

Distribution channels: Business & Economy, Emergency Services ...
Published on May 22, 2025 - 10:00 GMT

Chad Powers and Rob Reese Inducted into MEA Hall of Fame

MEA honors Chad Powers and Rob Reese for their leadership and service with induction into the Hall of Fame at the MEA 2025 Electric Summit. BLOOMINGTON, MN, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- MEA Energy Association (MEA) is proud …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 22, 2025 - 09:00 GMT

CH4 Global Unleashes Seaweed's Power to Combat Livestock Methane Emissions at Scale

HENDERSON, NV, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- CH4 Global is pioneering the use of Asparagopsis seaweed to dramatically reduce methane emissions from cattle, offering a powerful, nature-based solution to one of agriculture's …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on May 22, 2025 - 08:36 GMT

AeroDelft First Student Team to Test Liquid Hydrogen Aircraft Propulsion System

DELFT, NETHERLANDS, May 22, 2025 /⁨EINPresswire.com⁩/ -- AeroDelft, a fully student-run and student-owned non-profit foundation based in Delft, has become the first student team in the world to design, build, and test an electric aircraft …

Distribution channels: Aviation & Aerospace Industry, Education ...
Published on May 22, 2025 - 06:38 GMT

New Federal Solar Battery Rebate Set to Launch in Australia in 2025

SUNSHINE COAST, QLD, AUSTRALIA, May 22, 2025 /⁨EINPresswire.com⁩/ -- A major shift in Australia’s renewable energy strategy is underway, with the Federal Government announcing plans to launch a nationwide solar battery rebate program in 2025. The program …

Distribution channels: Energy Industry ...
Published on May 22, 2025 - 14:51 GMT

Plongez dans la Semaine de l'océan Canada : du 1er au 8 juin 2025

HALIFAX, Nouvelle-Écosse, 22 mai 2025 (GLOBE NEWSWIRE) -- La Semaine de l'océan Canada sera lancée à l'échelle nationale le 1er juin et durera jusqu'à la Journée mondiale de l'océan, le 8 juin. Au cours de cette célébration annuelle des …

Distribution channels: Culture, Society & Lifestyle, Energy Industry ...
Published on May 22, 2025 - 14:51 GMT

Dive into Ocean Week Canada: June 1-8, 2025

HALIFAX, Nova Scotia, May 22, 2025 (GLOBE NEWSWIRE) -- Ocean Week Canada launches nationwide June 1 and runs until World Ocean Day on June 8. During this annual celebration of ocean connections and culture, people across the country are invited to learn …

Distribution channels: Culture, Society & Lifestyle, Energy Industry ...
Published on May 22, 2025 - 13:30 GMT

Matachewan Announces Purchase and Sale Agreement to Mineral Royalties

TORONTO, May 22, 2025 (GLOBE NEWSWIRE) -- Matachewan Consolidated Mines, Limited (“Matachewan” or the “Company”) (TSX-V:MCM.A-X) is pleased to announce that the Company has entered into a definitive purchase and sale agreement (the “Agreement”) with …

Distribution channels: Companies, Energy Industry ...
Published on May 22, 2025 - 13:13 GMT

First U.S. Machine to Turn Air into Gasoline Debuts in NYC

NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- In a rooftop demonstration in Manhattan’s Garment District, New York–based fuels company Aircela unveiled the first working machine in the U.S. that produces gasoline directly from air. Compact and modular, the …

Distribution channels: Energy Industry, Media, Advertising & PR ...
Published on May 22, 2025 - 13:00 GMT

CBAK Energy Launches Share Buyback Program Authorizing Repurchase of Up to $20 Million in Common Stock Over the Next 12 ...

DALIAN, China, May 22, 2025 (GLOBE NEWSWIRE) -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that its Board of …

Distribution channels: Energy Industry ...
Published on May 22, 2025 - 12:45 GMT

Sky Quarry Announces Strategic Growth Plan to Achieve Full Production Capacity at its Foreland Refinery

“Scalable roadmap sets stage for up to 800,000 barrels annually through steady operations and targeted investments” WOODS CROSS, Utah, May 22, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an …

Distribution channels: Energy Industry ...
Published on May 21, 2025 - 21:49 GMT

New Study: Valley Clean Infrastructure Plan Will Save Californians $9 Billion and Cut Emissions by 15% Annually by 2050

The study found that the Valley Clean Infrastructure Plan would help the state meet its clean energy and carbon reduction goals more affordably. SACRAMENTO, CA, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- A new independent analysis finds …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on May 21, 2025 - 21:28 GMT

E4 Assists Waukegan Park District in Securing Community Solar Subscriptions

CHICAGO, IL, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- E4, a leading energy and sustainability consulting firm, has successfully guided Waukegan Park District, a public agency that manages and operates parks and recreational facilities in …

Distribution channels: Energy Industry ...