Oil & Gas Newswire

Ukraine to stop Russian gas transit on Jan. 1, 2025: PM

KIEV, Dec. 20 (Xinhua) -- Ukraine will halt the transit of Russian gas through its territory starting Jan. 1, 2025, the Interfax-Ukraine news agency reported on Friday, citing Prime Minister Denys Shmyhal. "At 7:00 a.m. (GMT 0500), the transit will be …

Trump warns Europe to buy more US oil and gas or face tariffs

The E.U. must buy more American oil and gas or the new administration will impose tariffs on European imports, President-elect Donald Trump warned Friday. “I told the European Union that they must make up their tremendous deficit with the United States by …

Trump to Europe: Buy more U.S. oil and gas or face 'TARIFFS all the way!!!'

Oil edges higher as dollar eases, Fed rate cut fears soften

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices edged higher on Friday as the dollar eased from two-year highs and as a slowdown in the inflation report bolstered expectations of two more rate cuts next year. Brent crude futures edged up 16 cent, or 0. …

Trump to Europe: Buy more of our oil and gas or face tariffs

President-elect Donald Trump doubled down on his tariff threats Thursday night, pledging to raise tariffs on European Union nations unless they increase their purchases of American oil and gas to narrow the trade gap with the United States. “I told the …

Oil prices set for weekly loss on concerns over crude demand growth

A cargo ship on the Huangpu River in Shanghai. China, the world's second-largest economy, has driven oil demand growth for the past two decades. EPA A cargo ship on the Huangpu River in Shanghai. China, the world's second-largest economy, has …

Donald Trump urges EU to purchase US oil and gas or face tariffs

In his latest trade war threat, the incoming GOP president spoke out against Brussels via his account on social media site Truth Social.  In the post, Trump said: "I told the European Union that they must make up their tremendous deficit with the …

New oil and gas discovery near the Troll field in the North Sea

Save to read list Published by Alfred Hamer, Editorial Assistant Oilfield Technology, Friday, 20 December 2024 09:30 Equinor has made a discovery 17 km west of the Troll field in the North Sea. The discovery is currently estimated at 2 – 12 million boe. …

Buy more oil or face tariffs: Trump threatens EU

US President-elect Donald Trump has issued fresh tariff threats, this time to the EU. Trump has threatened trade tariffs on the European Union to increase oil and gas imports from the US. Trump has threatened trade tariffs on EU partners on exports to the …

Oil steady as markets weigh Fed rate cut expectations, Chinese demand

Oil prices were little changed at their settle on Friday (Dec 20) as markets weighed Chinese demand and interest rate-cut expectations after data showed cooling US inflation. Brent crude futures closed up 6 US cents or 0.1 per cent at US$72.94 a barrel, …

2024 in data: the trends that shaped the oil and gas sector

The trends seen across the global O&G sector in 2024 included a mixed bag of economic and production forecasts, mergers and acquisitions (M&A) and deep-water exploration making a comeback.  Here, Offshore Technology gives a rundown of the year’s …

Pharos Energy announces that licences for 2 Vietnam oil and gas fields have been extended until 2031/32

Pharos Energy, a UK-based oil & gas exploration company, announced on Friday that its two joint ventures operating in Vietnam had received approval from the local government to extend their licenses for five years until early 2030. Pharos announced in …

Oil majors revamp refineries to meet growing renewable fuel demand

At a Repsol service station on the outskirts of the historic city of Cartagena in southern Spain, the facility's solitary electric vehicle charging point lies idle for much of the day. Across the forecourt, however, it is a different story. Here the …

Oil steady as markets weigh Fed rate-cut expectations

Brent crude futures closed up 6 cents, or 0.08%, at US$72.94 a barrel, while US West Texas Intermediate crude futures rose 8 cents, or 0.12%, at US$69.46 per barrel. HOUSTON: Oil prices were little changed at their settle on Friday as markets weighed …

Trump requires EU to buy U.S. oil and gas or face tariffs

NEW YORK, Dec. 20 (Xinhua) -- U.S. President-elect Donald Trump has warned the European Union (EU) that it must commit to buying large amounts of U.S. oil and gas or face tariffs. "I told the European Union that they must make up their tremendous …

India’s crude oil storage at 67 per cent of capacity

India’s crude reserves in the three strategic caverns are currently around 3.61 million tonnes, which is 67% of the their rated capacity, according to a report by the Lok Sabha’s Standing Committee on petroleum and natural gas. The Committee highlighted …

North Lima resident appointed to oil and gas commission

COLUMBUS–Ohio Gov. Mike DeWine has made the following appointments: Anthony W. Jesko of North Lima has been appointed to the Oil and Gas Land Management Commission for a term beginning Dec. 19, 2024, and ending Sept. 29, 2028. COLUMBUS—Ohio Gov. Mike …

Oil prices are expected to come down under Trump. Here's why.

Oil prices (CL=F, BZ=F) are expected to go down under President-elect Donald Trump. Yahoo Finance Senior Reporter Ines Ferré breaks down the oil market outlook for 2025 on Market Domination with Seana Smith and Josh Lipton. To watch more expert insights …

Trump tells the European Union to make a 'large scale' purchase of US oil and gas or face tariffs

Donald Trump has said the EU will face tariffs unless they make up their trade deficit with the US. He has told the bloc to make a "large scale purchase" of US oil and gas to balance trade relations. In 2022, the US purchased $131.3 billion more …

Raouf Hadad Named Chief Executive Officer of Ocean Edge Services

Ocean Edge Services, a leading U.S.-based oil & gas industry solutions provider, has promoted COO Raouf Hadad to the role of Chief Executive Officer HOUSTON, TX, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Ocean Edge Services (OES …

Investment Casting Market Growth: From US$ 16.9 Billion in 2023 to US$ 33.9 Billion by 2034 - TMR Study

Investment Casting Market to Reach US$ 33.9 Bn by 2034, Growing at a 6.5% CAGR from US$ 16.9 Bn in 2023 WILMINGTON, DE, UNITED STATES, December 21, 2024 /⁨EINPresswire.com⁩/ -- The global investment casting market was valued at US$ 16.9 billion in …

Soft Seated Butterfly Valves Market Set for Consistent Growth, Reaching US$ 4.0 Billion by 2034 | TMR

Soft Seated Butterfly Valves Market to Reach US$ 4.0 Bn by 2034, Growing at a 4.5% CAGR from US$ 2.5 Bn in 2023 WILMINGTON, DE, UNITED STATES, December 21, 2024 /⁨EINPresswire.com⁩/ -- The global soft seated butterfly valves market, valued at US$ …

Autonomous Underwater Gliders Market Growth: From US$ 1.7 Billion in 2023 to US$ 4.7 Billion by 2034 | TMR

Autonomous Underwater Gliders Market to Reach US$ 4.7 Bn by 2034, Growing at a 10.0% CAGR from US$ 1.7 Bn in 2023 WILMINGTON, DE, UNITED STATES, December 21, 2024 /⁨EINPresswire.com⁩/ -- The global autonomous underwater gliders (AUG) market, …

Global Biorefinery Market Forecast: Growth from US$ 148.4 Billion to US$ 360.5 Billion by 2034 - TMR

Global Biorefinery Market to Reach US$ 360.5 Bn by 2034, Growing at an 8.0% CAGR from US$ 148.4 Bn in 2023 WILMINGTON, DE, UNITED STATES, December 21, 2024 /⁨EINPresswire.com⁩/ -- The global biorefinery market is poised for remarkable growth in …

Senate Passes Barrasso’s Wyoming Public Lands Initiative, Other Critical Legislation

WASHINGTON – U.S. Senator John Barrasso (R-WY), ranking member of the Senate Energy and Natural Resources Committee (ENR), applauded the Senate’s unanimous passage of S. 1348, the Wyoming Public Lands Initiative (WPLI) Act of 2023, and other critical …

Barrasso Releases Statement on Record of Decision for the Rock Springs Resource Management Plan

WASHINGTON – U.S. Senator John Barrasso (R-WY), ranking member of the Senate Energy and Natural Resources Committee (ENR), issued the following statement after the Biden-Harris administration released its record of decision for the Rock Springs Resource …

Ateios Systems Partners with Multiple Battery Assemblers to Achieve GWh Capacity of Batteries with RaiCore Inside

Taking Pre-orders of Sample-B, UN38.3 Certified Cells with RaiCore™ LCO Electrodes Inside NEWBERRY, IN, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Ateios Systems, a leading manufacturer of advanced battery components, announced a …

EPC Reference Design Powers High-Efficiency Solar Optimizers with GaN FETs

Enhancing Photovoltaic System Performance with Compact, Reliable, Cost-Effective GaN Technology EL SEGUNDO, CA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Efficient Power Conversion Corporation (EPC), the world leader in enhancement- …

J Telemarketing Expands Healthcare Services with the Launch of Med Alert Campaign in the US

J Telemarketing, led by CEO Haider Janjua, launches the Med Alert Campaign in the US, enhancing healthcare safety and emergency response. WEST PALM BEACH, FL, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- J Telemarketing, a leading name …

RESTIV Announces Suzie Smibert as Chief Operating Officer Ushering in a New Chapter of Operational Excellence

RESTIV names co-founder Suzie Smibert as COO, highlighting her leadership to drive operational excellence and innovation reshaping the cybersecurity landscape. CALGARY, ALBERTA, CANADA, December 20, 2024 /⁨EINPresswire.com⁩/ -- RESTIV, the …

Zypto Expands 'Pay Bills with Crypto' to India, Pakistan, Philippines & LatAm

Zypto expands crypto bill pay to India, Pakistan, Philippines & more, empowering millions to pay everyday bills directly with digital currencies. ŁóDź, POLAND, December 20, 2024 /⁨EINPresswire.com⁩/ -- Zypto, the innovative online and mobile …

Aloha Life Digital: The Cambridge SEO Agency Driving Business Growth

Aloha Life Digital, a boutique SEO agency, is making waves in Cambridge with its innovative, tailored approach to search engine optimization. CAMBRIDGE, MA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Aloha Life Digital, a boutique …

Wattson Home Solutions: Setting the Standard for Mass Save Home Energy Audits

Massachusetts homeowners can experience top-tier energy efficiency services with Wattson Home Solutions, the premier provider of Mass Save Home Energy Audits. WORCESTER, MA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Wattson Home …

Everblue Awarded $96 Million to Implement Nevada's Home Energy Rebate Programs with APTIM and VEIC

CARSON CITY, NV, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The Nevada Governor’s Office of Energy (NV GOE) has awarded a contract to implement the state’s Home Energy Rebate programs, funded by the Inflation Reduction Act, to a team …

Silicone Market: An Overview of Growth and Opportunities

Increasing demand for silicone-based products in cookware, kitchen utensils, and bakeware due to their non-toxic properties and ease of cleaning. WILMINGTON, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- A recent report by Allied …

Solar Micro Inverter Market Size and Shares are Likely to Grow at a CAGR Value of 19.7% By 2031 |ABB Ltd.,LG Electronics

CA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The latest report titled "Solar Micro Inverter Market: Trends, Share, Size, Growth, Opportunities, and Forecast 2024-2031" by Coherent Market Insights delivers a thorough …

Global Clean Coal Technology Market Set For 4.9% Growth, Reaching $4.88 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 20, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

CURIO Awarded GAIN Voucher to Advance NuCycle® Waste Management

CURIO partners with PNNL through GAIN Voucher to advance NuCycle® technology, reducing nuclear waste by up to 96% and closing the fuel cycle. WASHINGTON, DC, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- CURIO has been awarded a GAIN …

Brookfield Renewable Announces Closing Date of Reorganization

BROOKFIELD, NEWS, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (“BEP”) (NYSE: BEP; TSX: BEP.UN) and Brookfield Renewable Corporation (“BEPC”) (TSX, NYSE: BEPC) today announced that they have now received all required shareholder, …