Oil & Gas Newswire

Oil Futures Higher on Syrian Attacks, Delayed Opec+ Meeting

Jets pounded the cities of Idlib and Aleppo, killing at least 25 people, according to the Syrian civil defense group that operates in opposition-held areas, the Associated Press reported Sunday. The escalating conflict raised concerns about a wider …

Oil Markets on Edge Amid OPEC+ Output Policy and European Gas Concerns

OPEC+ meet this week to discuss output policy for 2025, which will be important for price direction. Meanwhile, European gas prices moved higher on Friday with concern growing over a tighter-than-expected balance Energy - OPEC+ Meet This Week Oil prices …

Phillips 66 Oil-and-Gas Company Indicted for Alleged Violations of Clean Water Act Stemming from Wastewater Discharge ...

Image by Jack Sellaire from Pixabay  December 2, 2024 – LOS ANGELES, CA – A federal grand jury has returned a six-count indictment charging the Houston-based energy business Phillips 66 Company with violating the Clean Water Act by illegally discharging …

ÀEC urges Ivory Coast to continue being a home of oil & gas investment

Ivory Coast is emerging as a powerhouse in West Africa’s oil and gas industry, driven by a solid regulatory framework, attractive fiscal terms and innovative partnerships. Home to significant hydrocarbon reserves and progressive policies, the country has …

Galp’s Appraisal Well Delivers Light Oil and Gas-Condensate Off Namibia

Dec 2, 2024 Saipem's Santorini Drillship (Credit: Saipem) Portuguese oil and gas company Galp has found light oil and gas-condensate in an appraisal well drilled in Orange Basin block, offshore Namibia. The appraisal well, Mopane-1A, was spud on …

Commission Investigates ‘Falsified’ Oil, Gas Site Reports

The Colorado Energy and Carbon Management Commission will investigate reports for about 350 oil and gas sites the commission said were falsified by two environmental consulting groups hired by Weld County operators. According to the Greeley Tribune, the …

Thematic seminar for students of the Y. Kakayev International University of Oil and Gas

A thematic seminar titled "Energy Efficiency of Equipment – Refrigeration and Air Conditioning, Heat Pumps: Climate and Refrigerants" was held at the innovative scientific-educational center of the International University of Oil and Gas named …

Oil Prices Rise after Dollar Weakens amid Focus on OPEC+ Meeting

Mon 02 Dec 2024 | 03:48 AM Oil prices rose slightly on a weaker dollar as traders looked ahead to Thursday’s OPEC+ meeting to determine direction. Brent crude was trading around $72 a barrel after falling 3% last week, while WTI crude topped $68.  China’s …

Oil prices rise on positive China data; OPEC meeting awaited

Investing.com-- Oil prices drifted higher in Asian trade on Monday following some positive economic readings from top importer China, with focus turning to an upcoming OPEC+ meeting for more cues on supplies.  A measure of bargain buying also aided crude’s …

The Wrong Oil Price Is Truthfully a Problem for OPEC+

Oil & Gas Technology Summit 2025

(MENAFN- Mid-East Info) We TraiCon Events will be hosting Saudi Arabia premier Oil & gas technology Summit under the theme –“ Powerhouse for Tech & Innovations ” scheduled on 22nd & 23rd January 2025 at Kempinski Al Othman Hotel, AlKhobar – …

How can News Corp call its gas splash an ‘exclusive’ and a ‘special report’ when it’s paid for by industry?

The big news on Monday morning was that the story splashed across the front of News Corp’s biggest-selling tabloid newspapers wasn’t news at all. It was an advertorial paid for by a fossil fuel industry. Not that readers glancing at page one of the Daily …

Commodities firm Trafigura goes on Swiss trial over alleged bribes paid to win Angola oil contract

GENEVA (AP) — For the first time in Switzerland, a multinational company faces a criminal trial Monday on charges of bribing a foreign public official, with alleged payments totaling about $5 million, to win lucrative oil industry contracts in Angola. …

Oil prices steady amid weak Chinese recovery and anticipation of OPEC+ meeting

Oil prices steady amid weak Chinese recovery and anticipation of OPEC+ meeting 2 December 2024 14:06 (UTC+04:00) Oil prices are holding steady as markets react to signs of a fragile recovery in China's economy and await the outcome of the upcoming OPEC …

Poland Discovers Leak in Russia-Germany Oil Pipeline

Part of the Druzhba oil pipeline that links Russia and Germany was shut down after the discovery of a leak in western Poland, the Polish pipeline operator PERN said Sunday, adding that supplies continued unaffected. “On Sunday morning, a crude pipeline …

Govt scraps windfall profit tax on domestic crude oil, export of fuels

India first imposed windfall profit taxes on July 1, 2022 joining a growing number of nations that tax super normal profits of energy companies. Representational file image. | Photo Credit: Reuters The government on Monday (December 2, 2024) scrapped 30- …

Basrah crudes drop, contrasting global oil prices

2024-12-02T06:57:28+00:00 font Enable Reading Mode A- A A+ Shafaq News/ On Monday, Basrah crude oil prices edged lower despite a surge in global oil prices. Basrah Heavy crude decreased by 11 cents to $68.40 per barrel, and Basrah Medium crude by 11 …

Govt scraps windfall gains tax on domestic crude oil, export of petrol, diesel, ATF

Almost two-and-half years after it was introduced, the government has finally withdrawn windfall gains tax on domestic production of crude oil and export of diesel, petrol, and aviation turbine fuel (ATF). The Finance Ministry notifications for removal of …

Oil Rises With Focus on China’s Economy, OPEC+ Supply Meeting

(Bloomberg) -- Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction. Most Read from Bloomberg Brent futures traded around $72 a barrel after slipping 3% last …

GA Drilling Announces New President of Global Operations

Branch's expertise in global drilling operations will support the acceleration of deep #geothermal as the most promising energy source for baseload power. HOUSTON, TX, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- GA Drilling …

Bia Energy Joins the Methanol Institute to Advance Low-Carbon Methanol Solutions

WASHINGTON D.C., DC, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- The Methanol Institute (MI) is pleased to welcome Bia Energy Operating Company LLC as a new member. Bia Energy is developing a cutting-edge low-carbon methanol production …

UnchainedTV Announces the Highly Anticipated Season Two of Kale Krew, The Hit Plant-Based Travel Series

As Americans embrace plant-based dishes as a solution to our health and climate crises, a hit TV series shows just how easy and delicious plant-based living is. NEW YORK, NY, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Following the …

THE NATIONAL SPACE SOCIETY'S ROTHBLATT SPACE SETTLEMENT BUSINESS PLAN COMPETITION NOW ACCEPTING ENTRIES

Cash Awards of up to $16,000 USD to be Given in June, 2025 KENNEDY SPACE CENTER, FL, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- The National Space Society’s Martine Rothblatt Space Settlement in Our Lifetime Business Plan Competition …

Yinson Production and PTSC joint venture wins FSO contract with a subsidiary of Murphy Oil Corporation in Vietnam

Yinson Production Offshore Pte. Ltd. (LSE:YPCORP) SINGAPORE, SINGAPORE, December 2, 2024 /⁨EINPresswire.com⁩/ -- Singapore, 2 December 2024 – PTSC Asia Pacific (“PTSC AP”), a joint venture between Yinson Production (49%) and PetroVietnam Technical …

Fuel Cell Global Market Report 2024: Comprehensive Analysis and Future Growth Projections

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 2, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Early …

EIN Presswire’s Annual Year End Special on Press Release Distribution Packages to Run For Entire Month of December

Lock in savings by receiving bonus press release credits with the purchase of a package. WASHINGTON , DC, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Do you have news to share before the end of the year or anticipate big announcements …

The Gas Insulated Transformer Global Market Expected To Reach $2.74 Billion By 2024

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 2, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Early …

Global CMX Highlights Energy Investment Opportunities in Australia as UAE-Australia Free Trade Agreement Nears

Dubai, UAE - Global CMX, a leading energy advisory firm specializing in renewable energy and green fuel development, DUBAI, UNITED ARAB EMIRATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Global CMX Highlights Energy Investment Opportunities in …

Drilling Waste Management Market Growth Driven by Stricter Regulations, Technological Advancements, and Regional Shifts

The Drilling Waste Management market is experiencing significant growth due to stricter regulations, sustainability practices, and technological innovations. AUSTIN, TX, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- The Drilling Waste …

Alabama Mesothelioma Victims Center Urges the Family of a Welder with Lung Cancer or Mesothelioma Anywhere in Alabama to ...

BIRMINGHAM , AL, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- According to the Alabama Mesothelioma Victims Center, "If your loved one is a former welder anywhere in Alabama and he has just been diagnosed with lung cancer or …

ONMA Scout bietet Unternehmen innovative Lösungen zur Transformation der Landingpage-Erstellung

GERMANY, December 2, 2024 /⁨EINPresswire.com⁩/ -- ONMA Scout, die führende Digitale Marketing agentur in Deutschland, hat neue Lösungen zur Verbesserung der Landingpage-Erstellung für Unternehmen jeder Größe auf den Markt gebracht. Durch den …

Gate Driver IC Market Forecast, 2020-2030: A Decade of Transformation in Power Management

Gate Driver IC Market to Reach $1.88 Billion by 2030 WILMINGTON, DE, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, “Gate Driver IC Market Is Segmented As Transistor Type, Semiconductor Material, Mode of …

Floating Power Plant Global Market Report 2024: Market Size To Reach $3.6 Billion By 2028

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 2, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Early …

EVELUTION ENERGY RECEIVES $200 MILLION LOI FROM U.S. EXIM BANK TO FUND CONSTRUCTION OF U.S. COBALT PROCESSING FACILITY

YUMA, AZ, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Evelution Energy LLC ("EVelution Energy" or the "Company") is pleased to announce that it has received a non-binding Letter of Interest ("LOI") from the …

Gas Water Heater Market Estimation to Hit US$ 12.41 Billion by 2031

Global Gas Water Heater Market projected to grow at a CAGR of 5.3% from 2022 to 2031 WILMINGTON, DE, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, The gas water heater …

Cable Conduit Market Greatness Worth $9.3 Billion by 2032

Global Cable Conduit Market projected to grow at a CAGR of 8.2% from 2023 to 2032 WILMINGTON, DE, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the cable conduit market …

Ring Main Unit Market Estimate to Hit US$ 4.8 Billion by 2032

Global Ring Main Unit (RMU) Market projected to grow at a CAGR of 6.2% from 2023 to 2032 WILMINGTON, DE, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the ring main unit …

Submersible Pumps Market Estimate to Target $24.4 Billion by 2032

Global Submersible Pumps Market projected to grow at a CAGR of 6.9% from 2023 to 2032 WILMINGTON, DE, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the submersible pumps …

Environmental Technology Market Estimate to Target $1.2 Trillion by 2032

Global Environmental Technology Market projected to grow at a CAGR of 5.1% from 2023 to 2032 WILMINGTON, DE, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the …