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Published on 03:08 GMT

Low-sulphur crude production declines again

The production of Utapate, Nigeria’s newly introduced low-sulphur crude oil grade, has declined for the third consecutive month. According to the latest crude output document obtained from the Nigerian Upstream Petroleum Regulatory Commission, production …

Source: Punch - Indeterminate
Published on May 16, 2025

Venezuela Continues to Successfully Increase Its Oil Production

Monument with an oil derrick resting on an open hand, Caracas, Venezuela. X/ @ArturoSisoSosa May 16, 2025 Hour: 11:47 am In its latest report, the Organization of the Petroleum Exporting Countries (OPEC) acknowledged that Venezuela has increased its …

Source: teleSUR - Gov't Propaganda
Published on May 16, 2025

PINL Enhances Nigeria’s Crude Oil Output to 1.48m Bpd

Blessing Ibunge in Port Harcourt The aggressive strategies deployed by pipeline surveillance contractors like Pipeline Infrastructure Nigeria Limited (PINL) in ensuring the safety of the Trans Niger Pipeline (TNP) across 215 communities in Niger Delta …

Source: This Day - Pro-Government
Published on May 16, 2025

Kuwait to Invest $50 Billion to Boost Oil Production Capacity

Kuwait, one of the top OPEC producers in the Middle East, plans to invest as much as $50 billion to raise its oil production capacity to above 3 million barrels per day (bpd) over the next five years, Kuwait Petroleum Corporation’s deputy chairman and CEO, …

Source: Oil Price - Neutral
Published on May 14, 2025

OPEC+ Production Fell in April Despite Pledge to Start Hiking Output

All the countries in the OPEC+ pact saw their combined crude oil production drop by 106,000 barrels per day (bpd) in April compared to March, despite the pledge of the eight OPEC+ producers who are withholding supply to begin easing their cuts. OPEC+ …

Source: Oil Price - Neutral
Published on 01:58 GMT

Oil Futures Post Second Straight Weekly Gain

1537 ET – Oil futures end the week on a positive note, lifted mostly by easing trade tensions after the U.S. and China agreed to cut tariffs on each other’s goods for 90 days to allow for talks. Keeping a lid on prices despite stronger summer demand …

Source: Yahoo Finance - Center-left
Published on May 16, 2025

Why Nigeria’s Daily Crude Oil Production Rose To 1.48mbpd In April – Report

LAGOS – Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported that Nigeria’s crude oil production rose to 1.48 million barrels per day (bpd) in April 2025, marking a modest increase from 1.40 million bpd recorded in March, 2025. …

Source: Daily Independent - Pending
Published on May 16, 2025

OPEC cuts forecasts of rivals’ supply growth through 2026

OPEC has revised down its forecasts for non-OPEC+ crude supply growth by 100,000 b/d in 2025 and 2026, it said in its monthly oil market report released May 14. It now estimates non-OPEC+ supply growth at 800,000 b/d in 2025 and 2026, with the bulk …

Source: Hellenic Shipping News - Neutral
Published on May 16, 2025

Press review: Russia, Ukraine prepared for negotiations as US aims to deepen OPEC+ ties

MOSCOW, May 16. /TASS/. Russia and Ukraine are ready to resume negotiations in Istanbul; Israel gears up for another military operation in Gaza; and the US seeks to strengthen ties with Russia’s OPEC+ partners. These stories have topped Friday’s …

Source: TASS - Gov't Propaganda
Published on May 15, 2025

OPEC+ Makes Careful Start to Supply Revival

OPEC+ nations made a careful start to their long-awaited oil production revival in April, ahead of the group’s plans for a much quicker surge in output in the coming months. The eight countries who had agreed to increase supplies collectively added just …

Source: Rigzone - Neutral
Published on May 15, 2025

Seplat Energy projects H1 2025 revenue to surpass $1.1bn as output grows

Seplat Energy Plc expects its revenue for the first half of 2025 to exceed the $1.1 billion recorded during the same period in 2024, following an increase in crude oil and natural gas production across its major assets. Roger Brown, the company’s chief …

Source: Business Day - Neutral
Published on May 17, 2025

Another Week Of Oil Gains As Trump Claims Deal With Iran Is Within Reach

However, analysts warn again of a supply glut and potentially lower demand: File Image/Pixabay Oil prices on Friday contributed to a second week of gains, but higher supply remained a significant concern for many analysts contemplating the possible …

Source: Ship & Bunker - Neutral
Published on May 15, 2025

Global oil supply to rise faster than expected after OPEC+ hike, IEA says

By Robert Harvey and Enes Tunagur LONDON (Reuters) -World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA) said on Thursday, despite a …

Source: Regional Media News - Iowa - Pending
Published on May 15, 2025

Iran revives its hydrocarbon production plans through abandoned reserves

Iran has significant hydrocarbon reserves, but lacks the development of facilities, infrastructure, revenue and investment to enable production. This, together with the application of international sanctions, prevents the country from positioning itself …

Source: Atalayar - Indeterminate
Published on May 14, 2025

Eight OPEC+ countries oil output by 475,000 bpd above target in April — OPEC

MOSCOW, May 14. /TASS/. Oil production by the eight OPEC+ countries, which voluntarily reduce oil production, totaled 30.807 million barrels per day (bpd) in April, which is 475,000 bpd above the target, according to the data in OPEC's May …

Source: TASS - Gov't Propaganda
Published on May 15, 2025

Nigeria’s oil output drops to 1.486m bpd in April – OPEC

Nigeria’s crude oil production, including condensates, declined slightly to 1.486 million barrels per day (bpd) in April 2025 from 1.491 million bpd in March, according to the latest Monthly Oil Market Report (MOMR) released by the Organization of …

Source: Business Hallmark - Neutral
Published on May 15, 2025

Al-Mashat Holds Talks with OPEC Fund to Enhance the Private Sector Empowerment Efforts

Thu 15 May 2025 | 01:46 PM H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation and Egypt’s Governor at the European Bank for Reconstruction and Development (EBRD), held a number of bilateral meetings with …

Source: Sada Elbalad - Gov't Propaganda
Published on May 14, 2025

OPEC: Nigeria retained position as Africa’s biggest oil producer in April

The Organization of the Petroleum Exporting Countries (OPEC) says Nigeria retained its position as Africa’s largest crude oil producer in April. In its latest monthly report on Wednesday, the oil cartel said Nigeria’s oil output increased to 1.48 million …

Source: The Cable - Neutral
Published on May 14, 2025

OPEC Expects Slower Growth in Oil Supply from Rivals in 2025 Following Price Drop

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday revised down its forecast for oil supply growth from the United States and other non-OPEC+ producers for this year, citing an expected decline in capital spending due to falling oil …

Source: Jordan News - Indeterminate

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Published on May 17, 2025 - 23:03 GMT

Marine Electric Systems Announces 2025 STEM Scholarship to Support Future Innovators

Marine Electric Systems SOUTH HACKENSACK, NJ, UNITED STATES, May 17, 2025 /⁨EINPresswire.com⁩/ -- Marine Electric Systems is proud to unveil the 2025 Marine Electric Systems STEM Scholarship, a $1,000 academic award aimed at empowering the next …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on May 17, 2025 - 21:18 GMT

US removes sanctions on Russia-associated worldwide oil project

(MENAFN) The U.S. government has lifted certain sanctions, allowing American and international companies to resume operations linked to a major Russia-involved oil export route. The Treasury Department issued General License No. 124 on Thursday, which …

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Published on May 16, 2025 - 21:39 GMT

San Francisco Offers Free Hot Water Heaters to Advance Clean Energy

SACRAMENTO, CA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- San Francisco continues to lead the charge in the fight against climate change with its innovative new program aimed at eliminating gas-powered appliances and transitioning …

Distribution channels: Emergency Services, Energy Industry ...
Published on May 16, 2025 - 21:26 GMT

Bay Area Moves Toward a Greener Future: Gas Water Heaters to Be Phased Out

SACRAMENTO, CA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- The Bay Area Air Quality Management District (BAAQMD) has announced a pioneering regulation to prohibit the sale and installation of gas water heaters in the Bay Area starting in …

Distribution channels: Emergency Services, Energy Industry ...

Published on May 16, 2025 - 21:12 GMT

Virtue Solar Earns SWaM Certification to Help Power Local Projects

CHARLOTTESVILLE, VA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- Virtue Solar, a locally owned and operated solar installation company, is proud to announce it has received official certification through Virginia’s SWaM program (Small, Women-owned, …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 16, 2025 - 20:47 GMT

Renew Financial brings its residential Property Assessed Clean Energy (PACE) financing program to Rocklin, California

Homeowners in Rocklin now have access to PACE financing, joining 359 other cities and jurisdictions in California that already offer the program. ROCKLIN, CA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- Renew Financial, the pioneer and a …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...
Published on May 17, 2025 - 01:46 GMT

My Patriot Supply Grid Doctor 3300 Solar Generator Under Review: Back Up Power Supply System for Self Reliance

Salt Lake City, May 16, 2025 (GLOBE NEWSWIRE) -- In This Article, You’ll Discover: Why energy security is more urgent than ever in the face of grid instability and climate-driven disasters The most common pain points American households face during …

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Published on May 15, 2025 - 17:00 GMT

Mazama Energy & MicroThermal Energy Embarks to Drill Deeper with Enhanced Geothermal System (EGS)

Superhot Rock (SHR) Geothermal Demonstration Project HOUSTON, TX, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- MicroSeismic® Inc. (MSI) is proud to announce our first EGS contract in the field with Mazama Energy, Inc. (Mazama) to utilize …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on May 16, 2025 - 21:39 GMT

San Francisco Offers Free Hot Water Heaters to Advance Clean Energy

SACRAMENTO, CA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- San Francisco continues to lead the charge in the fight against climate change with its innovative new program aimed at eliminating gas-powered appliances and transitioning …

Distribution channels: Emergency Services, Energy Industry ...
Published on May 16, 2025 - 21:26 GMT

Bay Area Moves Toward a Greener Future: Gas Water Heaters to Be Phased Out

SACRAMENTO, CA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- The Bay Area Air Quality Management District (BAAQMD) has announced a pioneering regulation to prohibit the sale and installation of gas water heaters in the Bay Area starting in …

Distribution channels: Emergency Services, Energy Industry ...
Published on May 16, 2025 - 21:12 GMT

Virtue Solar Earns SWaM Certification to Help Power Local Projects

CHARLOTTESVILLE, VA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- Virtue Solar, a locally owned and operated solar installation company, is proud to announce it has received official certification through Virginia’s SWaM program (Small, Women-owned, …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 16, 2025 - 19:16 GMT

Chairman Mert Şener Charts Bold International Growth for MES Group

MES Group Embarks on Ambitious Global Expansion NEW YORK, NY, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- Mert Şener, Chairman of the Board of MES Group of Companies and President of the Turkish Education Federation, today publicly …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 16, 2025 - 16:08 GMT

Meta Power Solutions to Exhibit at RE+ Tradeshow in Las Vegas, September 8–11, 2025

LAKE PARK, FL, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- Meta Power Solutions, a leading manufacturer of advanced electrical power distribution equipment, is excited to announce its debut at the RE+ Tradeshow, taking place September 8–11, 2025, …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 16, 2025 - 14:00 GMT

Milesight Unveils Smart Restroom Occupancy Management Solution to Enhance Facility Efficiency and Customer Experience

XIAMEN, FUJIAN, CHINA, May 16, 2025 /⁨EINPresswire.com⁩/ -- In response to growing demands for more efficient facility operations and improved public hygiene, Milesight has launched a Smart Restroom Occupancy Management Solution designed to help …

Distribution channels: Building & Construction Industry, Education ...
Published on May 16, 2025 - 13:25 GMT

Vision Air Conditioning Introduces Industry-Leading Ice Rink Dehumidifier Solutions in Canada

Vision Air Conditioning unveils advanced desiccant dehumidifiers for Canadian rinks-no fog, better ice, and up to 30% energy savings. EDMONTON, ALBERTA, CANADA, May 16, 2025 /⁨EINPresswire.com⁩/ -- Vision Air Conditioning Trading Corp., the …

Distribution channels: Business & Economy, Chemical Industry ...
Published on May 16, 2025 - 13:00 GMT

Milesight Unveils Smart Restroom Occupancy Management Solution to Enhance Facility Efficiency and Customer Experience

XIAMEN, FUJIAN, CHINA, May 16, 2025 /⁨EINPresswire.com⁩/ -- In response to growing demands for more efficient facility operations and improved public hygiene, Milesight has launched a Smart Restroom Occupancy Management Solution designed to help …

Distribution channels: Building & Construction Industry, Education ...
Published on May 16, 2025 - 12:45 GMT

Excelsior University Enrolling Students in New Executive MBA program

The program combines flexible online coursework and immersive on-location learning in three cities; online info sessions will be held May 20 and June 5. ALBANY, NY, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- Excelsior University is …

Distribution channels: Business & Economy, Companies ...
Published on May 16, 2025 - 12:00 GMT

Milesight Unveils Smart Restroom Occupancy Management Solution to Enhance Facility Efficiency and Customer Experience

XIAMEN, FUJIAN, CHINA, May 16, 2025 /⁨EINPresswire.com⁩/ -- In response to growing demands for more efficient facility operations and improved public hygiene, Milesight has launched a Smart Restroom Occupancy Management Solution designed to help …

Distribution channels: Building & Construction Industry, Education ...
Published on May 17, 2025 - 00:00 GMT

SHARC Energy Enters Into Short Term Loan Agreement

VANCOUVER, British Columbia, May 16, 2025 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the “Company”) is pleased to announce that the Company has entered into a short-term working …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on May 16, 2025 - 23:27 GMT

SolarMax Technology Reports First Quarter 2025 Financial Results

RIVERSIDE, Calif., May 16, 2025 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) (“SolarMax” or the “Company”), an integrated solar energy company, today reported financial results for the quarter ended March 31, 2025. First Quarter 2025 …

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Published on May 16, 2025 - 11:13 GMT

Think Tank Identifies 10 Technologies to Enhance EU Security and Prosperity

The critical investments the EU can’t afford to miss COPENHAGEN, DENMARK, May 16, 2025 /⁨EINPresswire.com⁩/ -- 10 critical emerging technologies have the potential to dramatically enhance both Europe's security preparedness and economic …

Distribution channels: Energy Industry, IT Industry ...
Published on May 16, 2025 - 11:09 GMT

TendersOnTime arrive en France : une plateforme unique pour les appels d’offres français et internationaux

PARIS, FRANCE, May 16, 2025 /⁨EINPresswire.com⁩/ -- Global Tenders Services Pvt Ltd, société mère de la plateforme internationale TendersOnTime.com, annonce officiellement le lancement de ses services en France. Cette initiative vise à accompagner …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on May 16, 2025 - 10:01 GMT

NEQSOL Holding Partners with Swiss GRC to Digitalize Governance, Risk, and Compliance Across Global Operations

Swiss GRC platform to power NEQSOL Holding's digital evolution in governance, risk and compliance management BAKU, AZERBAIJAN, May 16, 2025 /⁨EINPresswire.com⁩/ -- NEQSOL Holding, a diversified international group operating in telecommunications, …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 16, 2025 - 10:00 GMT

Rho Impact and Vibrant Data Labs Partner to Unify Climate Impact and Climate Capital Flow Data

Rho Impact and Vibrant Data Labs team up to connect climate capital with climate outcomes, helping funders track where money goes and what it really achieves. CHARLOTTESVILLE, VA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- New …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 16, 2025 - 21:30 GMT

North American Construction Group Ltd. Announces Voting Results Of Annual Meeting Of Shareholders

ACHESON, Alberta, May 16, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced the results of its Annual Meeting of Shareholders held on May 14, 2025. Shareholders elected …

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Published on May 16, 2025 - 09:19 GMT

leagend SOLUTIONS Launches Precision Coulomb Counter Solution to Tackle Industry-Wide Battery Monitoring Challenges

leagend SOLUTIONS has launched its cutting-edge Coulomb Counter Solution to face persistent challenges in real-time battery monitoring and management. SHENZHEN, GUANGDONG, CHINA, May 16, 2025 /⁨EINPresswire.com⁩/ -- As industries from electric vehicles to …

Distribution channels: Automotive Industry, Electronics Industry ...
Published on May 16, 2025 - 08:48 GMT

leagend Presents Innovative Lead-Acid Battery Charger ODM Solution for Automotive and Emergency Power Sectors

leagend SOLUTIONS officially announced its Lead-Acid Battery Charger ODM Solution, tailored for the growing demands of the backup power industries. SHENZHEN, GUANGDONG, CHINA, May 16, 2025 /⁨EINPresswire.com⁩/ -- leagend, a specialist in …

Distribution channels: Automotive Industry, Electronics Industry ...
Published on May 16, 2025 - 17:38 GMT

Valeura Announces Voting Results

CALGARY, Alberta, May 16, 2025 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (the "Corporation" or "Valeura"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, is …

Distribution channels: Business & Economy, Energy Industry ...