Crude Oil News Monitoring

Navy crushes six illegal refineries, seizes stolen crude oil

Personnel of the Nigerian Navy attached to Forward Operating Base (FOB) Escravos have conducted several operations against crude oil theft, pipeline vandalism, and other illicit activities in the Niger Delta region. This is in a sustained effort to enhance …

Crude oil futures decline despite US-China trade progress

Crude oil futures traded lower on Tuesday morning due to prospects of an increase in global supply, despite progress in US-China trade negotiations. At 9.58 am on Tuesday, July Brent oil futures were at $64.81, down by 0.23 per cent, and June crude oil …

NNPC to resume crude oil drilling in northern Nigeria, confirms peace with Dangote refinery

According to the company's new Group Chief Executive Officer, Bayo Ojulari, the Kolmani drilling project, located on the boundary between Bauchi and Gombe states, is expected to deliver significant benefits to Nigerians once completed. “NNPC will …

Five hospitalized in Wellington following crude oil tanker crash

By Aidan Mortensen | KOAL News At approximately 6:10 a.m. on Monday, May 12, first responders from across Carbon County were called into action following reports of a crash on US-6 in Wellington. A semitruck carrying crude oil veered off the road and into …

4 injured, 2 critically, after semitruck hauling crude oil crashes into Carbon County home

WELLINGTON, Carbon County — Four people were injured, two critically, after a semitruck hauling crude oil crashed into a Carbon County home Monday morning. Emergency crews responded to a report of a vehicle that had crashed into a home near 900 East and …

Iraq to reduce crude oil exports in May and June

2025-05-12T21:49:18+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Iraq is set to export 3.2 million barrels per day of crude oil in May and June, an Iraqi official source told Reuters, in what would amount to a significant reduction from previous …

Navy destroys six illegal refineries, seizes ‘stolen crude oil’ in Delta

The Nigerian Navy says its operatives have destroyed six illegal refining sites in the Obodo Omadina community, Warri south LGA of Delta state. Speaking to journalists on Monday, Ikenna Okoloagu, commanding officer of the forward operating base (FOB) …

Crude Oil: Trade Optimism Fuels Price Gains, What Comes Next?

Brent Oil surges 4% on US-China tariff reductions, boosting market optimism. Saudi Aramco and Russia's Central Bank express confidence in oil market stability. Technical analysis suggests potential resistance at 66.44 and 68.71 for Brent crude. CHUNYIP …

Crude oil jumps 4% on hope economic growth will rebound from temporary U.S.-China trade deal

Crude oil futures jumped 4% on Monday, after the U.S .and China agreed to slash tariffs, easing trade tensions between the world's two largest petroleum consumers. U.S. crude oil was up $2.52, or 4.1%, to $63.54 per barrel. Global benchmark Brent rose …

Iraq to reduce crude oil exports in May and June, official says

Iraq is set to export 3.2 million barrels per day of crude oil in May and June, an Iraqi official with knowledge of the matter told Reuters, in what would amount to a significant reduction from previous months. The lower export plan is part of Iraq's …

Crude oil drilling set to resume in Northern Nigeria – NNPC says 

The Nigerian National Petroleum Company Limited (NNPCL) has revealed plans to resume crude oil drilling activities at the Kolmani oil field, located on the border between Bauchi and Gombe States, marking a return to operations after nearly two years of …

Crude Oil, Copper Prices Surge on US–China Trade Deal Optimism

Oil and metals prices rose after the US and China said they will temporarily lower tariffs on each other’s products, with the US reducing its levies on most Chinese imports from 145% to 30% and China lowering its duties on US good from 125% to 10% for 90 …

Nigeria Increases Crude Oil Production, Nears OPEC+ Quota

  Nigeria increased its crude oil output to an average of 1.486 million barrels per day (bpd) last month, up from 1.401 million bpd recorded in March, nearing the official quota of 1.5 million barrels per day set by OPEC+.   According to data released by …

Utah Man Pleads Not Guilty In Crude Oil Fraud Case

A Utah man is pleading not guilty to federal charges linked to a crude oil terminal in South Texas. Twenty-five-year-old Maxwell Sterling Jensen was given a 750-thousand-dollar bond during a hearing in McAllen on Friday. Jensen and three other members of …

VLCC spot rates set to rally on ‘all-time high’ crude oil exports from US to South Korea

May could see an all-time high monthly volume of US crude oil exports to South Korea reaching 20 million barrels, if all signalled deliveries are realized, said oil consultancy Kpler. Already in April, US crude arrivals to South Korea rose by nearly 200, …

Crude oil futures gain on progress in US-China trade talks 

Crude oil futures traded higher on Monday morning, boosted by progress in trade talks between the US and China. At 9.40 am on Monday, July Brent oil futures were at $64.23, up by 0.50 per cent, and June crude oil futures on WTI (West Texas Intermediate) …

Crude Oil Weekly Forecast - 11/05: Descending Points (Chart)

China's recovery in crude oil imports is more bearish than bullish: Russell

(The views expressed here are those of the author, a columnist for Reuters.) LAUNCESTON, Australia - China's imports of crude oil edged into positive territory for the first months of the year, but rather than a sign of improving fuel demand, the …

Crude Oil Forecast Today 12/05: Gives Up Early Gains (Video)

Colorado State University (CSU) and Pivot Energy partner to develop solar project to support CSU’s decarbonization goals

Will help CSU achieve 100% renewable electricity by 2030 DENVER, CO, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- Colorado State University (CSU) and Pivot Energy, a leading national renewable energy independent power producer (IPP), today …

Hydrogen Energy Storage Market 2025 Is Booming Worldwide by 2032 | Lhyfe, HySiLabs, Engie, BP, Shell, ExxonMobil

The global hydrogen energy storage market is estimated to be valued at USD 17.50 Bn in 2025 and is expected to reach USD 24.32 Bn by 2032 BURLINGAME, CA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- Coherent Market Insights has published a …

Offshore Wind Market 2025 Is Booming Worldwide by 2032 | Siemens AG, General Electric, ABB, Ltd., EEW Group

Offshore Wind Market is estimated to be valued at USD 63.43 Bn in 2025 and is expected to reach USD 175.83 Bn in 2032 BURLINGAME, CA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- Coherent Market Insights has published a comprehensive …

PJM’s Reliability Resource Initiative Results to Be Discussed at Appalachian AI Energy Conference

Conference Will Discuss Impact on AI Data Centers PITTSBURGH, PA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- PJM Interconnection’s Reliability Resource Initiative (RRI) marks a pivotal response to surging electricity demand across the Mid …

The EnCorps Summer Learning Summit Highlights Important Topics in STEM and Education

A Day of Exploration and Innovation: EnCorps STEM Learning Summit Offers Educators and STEM Professionals Hands-On Learning Experiences. LOS ANGELES, CA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- “The EnCorps Learning Summit stands as …

Pando Electric Announces Partnership with Associa The Largest Property Manager to Expand EV Charging Solutions

Pando Electric partners with Associa to bring affordable EV charging to 7.5M U.S. homeowners, starting with 43 outlets at a Northern California HOA. SAN JOSE, CA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- Pando Electric, a leading …

Solar Simplified and UGE Partner to Deliver Clean, Affordable Energy to Long Island via Medford Community Solar Project

MEDFORD, NY, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- Solar Simplified, a national leader in community solar aggregation, is proud to announce its collaboration with UGE on the Medford Logistics Center community solar project, a 1.3MW …

Florida Mesothelioma Victims Center Strongly Recommends the Gori Law Firm for a Former Plumber with Mesothelioma or Lung ...

TAMPA , FL, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- The Florida Mesothelioma Victims Center says, "If your husband or dad who now lives in Florida was a plumber and he has recently been diagnosed with mesothelioma or lung cancer we …

iBridge LLC and Transformative SA Announce Strategic Partnership

Advancing U.S.-MENA Digital and Human Capital Transformation, Tied to President Trump’s Agenda WASHINGTON D.C., DC, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- In a move emblematic of the deepening ties between the United States and the Gulf …

CrowdStrike Recognizing Rewterz - Market Expander Award 2025

Rewterz wins CrowdStrike’s Market Expander Award 2025 for driving growth and adoption of cybersecurity solutions across Pakistan. DUBAI, DUBAI, UNITED ARAB EMIRATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- Rewterz is proud to announce that it has been …

EarthSoft propose des solutions pour gérer les contaminants environnementaux à l'atelier de printemps NICOLE

EQuIS : des outils intelligents pour gérer les contaminants industriels via le suivi, la modélisation et l’analyse des risques. FRANKFURT, GERMANY, May 13, 2025 /⁨EINPresswire.com⁩/ -- Dan Alexander, Chief Commercial Officer chez EarthSoft, a …

Ensuring Telecom Continuity: leagend Rolls Out Battery Remote Monitoring Solution

leagend announced its Battery Remote Monitoring Solution, engineered to meet the exacting demands of the telecommunications industry. SHENZHEN, GUANGDONG, CHINA, May 13, 2025 /⁨EINPresswire.com⁩/ -- leagend announced its Battery Remote Monitoring Solution …

A fairer future: New toolkit puts people at the heart of urban planning

C40 and Ramboll publish a new toolkit to guide city officials, planners, and other key urban stakeholders COPENHAGEN, DENMARK, May 13, 2025 /⁨EINPresswire.com⁩/ -- Cities around the world are reimagining how urban life should look and feel by …

ReverseEngineering.com Launches 2025 ScanToCAD Add-in Line to Seamlessly Integrate 3D Scanning with 10 CAD Platforms

ScanToCAD Connects portable CMMs and 3D scanning hardware directly to 10 leading CAD platforms, accelerating Industry 4.0 adoption with CAD compatibility. LA JOLLA, CA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- ReverseEngineering.com®, …

Top Growth Driver In The Grounding Sheet Market 2025: Rising Interest In Natural Healing Methods Fueling The Growth

The Business Research Company’s Grounding Sheet Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 13, 2025 /⁨EINPresswire.com⁩/ -- The grounding sheet market size has grown …

OMS Energy Technologies Inc. Announces Pricing of Initial Public Offering

SINGAPORE, May 13, 2025 (GLOBE NEWSWIRE) -- OMS Energy Technologies Inc. (“OMS” or the “Company”) (NASDAQ: OMSE), a growth-oriented manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas industry, today announced the …

Consolidated Water Receives Key Approval for $204 Million Seawater Desalination Plant Project in Hawaii

GEORGE TOWN, Cayman Islands, May 13, 2025 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, reported that its wholly owned subsidiary …

Ozop Energy Solutions, Inc. Issues a Shareholder Update

Warwick, NY, May 13, 2025 (GLOBE NEWSWIRE) -- Ozop Energy Solutions, Inc. (OTC: OZSC) ("Ozop" or the "Company"), a Company focused in the renewable energy sector, today provided an update to its shareholders on recent strategic …

CF Energy Change of CFO

TORONTO, May 13, 2025 (GLOBE NEWSWIRE) -- CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), a leading clean energy service provider in the People’s Republic of China (the ”PRC” or “China”) is pleased …

Aemetis Biogas Signs $27 Million Agreement with Centuri to Build Gas Cleanup Systems for 15 Dairy Digesters

CUPERTINO, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity renewable fuels, announced today that its Aemetis Biogas subsidiary has …