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A service for energy industry professionals · Sunday, May 25, 2025 · 815,868,113 Articles · 3+ Million Readers
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  • Published on May 22, 2025

    Beijing pledges Development Aid amid Kabul’s push for stronger economic ties

    Beijing has pledged development aid to Kabul, focusing on health, agriculture, and energy as both sides seek stronger economic ties. Acting Foreign Minister of the Taliban administration, Amir Khan Muttaqi, met with Luo Zhaohui, head of China’s …

    Source: Khaama Press - Neutral
  • Published on May 22, 2025

    Pomerantz Law Firm Announces the Filing of a Class Action Against Civitas Resources, Inc. and Certain Officers – CIVI

    NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Civitas Resources, Inc. (“Civitas” or the “Company”) (NYSE: CIVI) and certain officers.   The class action, filed in the United States …

    Distribution channels: Consumer Goods, Law ...
  • Published on May 22, 2025

    India to surpass China in oil demand growth over next decade: Moody’s

    China drove global oil demand growth over the last decade, but now India is poised to take the lead in demand growth over the next decade, according to a latest report by Moody’s Ratings. China and India are No 2 and No 3 oil consumers in the world, …

    Source: The Hindu Business Line - Neutral
  • Published on May 22, 2025

    Ups and downs in PSX ahead of federal budget 2025-26

    Business Business Ups and downs in PSX ahead of federal budget 2025-26 Close Index-heavy stocks including HUBCO, MARI, POL, PSO, MCB, MEBL and NBP traded in the green Updated On: Thu, 22 May 2025 17:18:50 PKT KARACHI (Dunya News) – The Pakistan Stock …

    Source: Dunya News - Indeterminate
  • Published on May 22, 2025

    New Zealand Government plans to coinvest in new gasfield projects

    The government of New Zealand announced its budget for Thursday that it will co-invest with other countries in developing new gas fields. This is to encourage investment in the sector following the lifting of the offshore exploration ban. Shane Jones, …

    Source: World Energy News - Connecticut - Pending
  • Published on May 22, 2025

    ONGC posts ₹8,856 crore profit in Q4 FY25

    State-run ONGC reported a 20 per cent year-on-year (y-o-y) decline in its consolidated net profit to ₹8,856 crore during Q4 FY25, largely due to falling oil and gas prices coupled with nearly flat production. The exploration and production (E&P) major’ …

    Source: The Hindu Business Line - Neutral
  • Published on May 22, 2025

    Oil India reports profit of ₹1,497 crore in Q4 FY25

    State-run Oil India (OIL) reported a 36 per cent decline in its consolidated net profit at around ₹1,497 crore in Q4 FY25 largely on account of fall in crude oil and gas prices. However, net profit of the exploration and production (E&P) firm was …

    Source: The Hindu Business Line - Neutral
  • Published on May 22, 2025

    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 …

    Distribution channels: ...
  • Published on May 22, 2025

    How women can build careers in the Merchant Navy?

    Two women, Colonel Sofiya Qureshi of the Army and Wing Commander Vyomika Singh from the Indian Air Force, were part of the briefing about Operation Sindoor. Their presence at the briefing is a culmination of a long-drawn fight for women holding combat …

    Source: The Hindu - Center-left
  • Published on May 22, 2025

    Tuktu Resources Ltd. Announces First Quarter 2025 Results and Operations Update

    Breadcrumb Trail Links Newsfile Article content Calgary, Alberta–(Newsfile Corp. – May 21, 2025) – Tuktu Resources Ltd. (TSXV: TUK) (“Tuktu” or the “Company“) is pleased to announce its financial and operating results for the three months ended March 31, …

    Source: The Kingston Whig-Standard - Neutral
  • Published on May 21, 2025

    Japan invests big in LNG despite climate-friendly promises

    Japan is one of the world's biggest public financiers of gas and oil production, despite a pledge to halt all such funding for fossil fuel at the G7 summit in 2022. From 2013 to 2024, Japanese public financial institutions provided $93 billion (€82 …

    Source: Deutsche Welle - Public Broadcaster
  • Published on May 22, 2025

    US Geological Survey identifies significant oil and gas potential in Wyoming

    The US Department of the Interior (DOI) has released a new assessment by the US Geological Survey (USGS) highlighting significant undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System in south-western …

    Source: Offshore Technology - Neutral
  • Published on May 22, 2025

    Türkiye announces estimated 6.1bbbl shale oil reserve

    Turkiye’s Energy Minister Alparslan Bayraktar has announced that US oil producer Continental Resources has estimated a shale oil reserve of around 6.1 billion barrels (bbbl) in the country’s south-eastern Diyarbakir Basin, according to a Reuters report. …

    Source: Offshore Technology - Neutral
  • Published on May 22, 2025

    PSX hits record high as budget optimism boosts investor confidence

    KARACHI – The Pakistan Stock Exchange (PSX) continued its bullish streak on Thursday morning, with the benchmark KSE-100 index climbing to a new high of 120,617.78 points. This marks an increase of 686.33 points, driven by strong investor sentiment and …

    Source: Daily Times - Center-left
  • Published on May 22, 2025

    Budget backsliding on climate change 'defies belief', say advocates

    Resources Minister Shane Jones said the crown would take 10-15 percent investment in new gasfields. Photo: RNZ / Samuel Rillstone The Budget sets aside $200 million to invest in fossil fuel development at gasfields, reduces climate finance to the …

    Source: RNZ - Public Broadcaster
  • Published on May 22, 2025

    Q4 Results Live: Strides Pharma Q4 profit at ₹86 cr, ITC, Emcure Pharmaceuticals, Sun Pharma, Ramco Cements, Honasa to ...

    Q4 Results May 22, 2025 live updates: Find all the latest Q4 results 2025 updates for ITC, Emcure Pharmaceuticals,Sun Pharmaceutical Industries,Ramco Cements, JSL Industries, Honasa Consumer, Emerald Finance, Gujarat State Petronet Ltd, Jigar Cables Ltd, …

    Source: The Hindu Business Line - Neutral
  • Published on May 22, 2025

    National Security: A Conceptual Framework

    “National security is not merely about protecting physical borders; it involves safeguarding the cultural, economic, and social fabric of the nation.” —NSA Ajit Doval Introduction Nation is a concept denoting a common ethnic and cultural identity. It …

    Source: StratNews Global - Indeterminate
  • Published on May 22, 2025

    The FLNG Market is Poised for Growth

    Significant Growth in FLNG Market as Export Projects Gain Traction; Natural Gas to Lead Energy Demand There are many different views on the future of energy supplies, but strong agreement in two areas; over the next 25 years or so population growth and GDP …

    Source: World Energy News - Connecticut - Pending
  • Published on May 22, 2025

    ExxonMobil 2014 Reserves Replacement Totals 104%

    by Joseph R. Fonseca February 24, 2015 Exxon Mobil Corporation Reported today that it replaced 104 percent of its 2014 production by adding proved oil and gas reserves totaling 1.5 billion oil-equivalent barrels, including a 162 percent replacement ratio …

    Source: World Energy News - Connecticut - Pending

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