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A service for global professionals · Tuesday, May 27, 2025 · 816,588,197 Articles · 3+ Million Readers
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Oil & Gas News Monitoring

  • Published on 12:22 GMT

    Oil Prices Steady Ahead of OPEC+ Meeting, US GDP

    NYMEX-traded WTI for July delivery was down $0.34 bbl to trade near $61.19 bbl, and ICE Brent for July delivery fell $0.28 bbl to $64.46 bbl. June RBOB gasoline futures gained $0.0014 to $2.1106 gallon, while the front-month ULSD futures contract was down …

    Source: Progressive Farmer - Neutral
  • Published on 17:11 GMT

    Norway’s Oil and Gas Investment Set for Record High in 2025

    Investments in Norway’s oil and gas sector are set to hit a record high this year, led by increased investments in operating fields, Statistics Norway said on Tuesday in its latest survey of companies’ investment plans. The quarterly survey of investment …

    Source: Oil Price - Neutral
  • Published on 17:42 GMT

    Oil Subsidy Fraud: Court convicts two marketers in N2.2 billion Scam 

    The Special Offences Court sitting in Ikeja, Lagos, on Tuesday, has convicted and sentenced two oil marketers, Mamman Nasir Ali and Christian Taylor, to 14 years imprisonment each for N2.2 billion oil subsidy fraud. Justice Mojisola Dada delivered the …

    Source: Nairametrics - Neutral
  • Published on 17:51 GMT

    PETROLEUM SECTOR SHOWING POSITIVE GAIN– PS MUMBA UPDATES PARLY COMMITTEE

    MINISTRY OF ENERGY PRESS STATEMENT Lusaka, Tuesday, 27th May 2025 PETROLEUM SECTOR SHOWING POSITIVE GAIN– PS MUMBA UPDATES PARLY COMMITTEE The Ministry of Energy has reported positive developments in the petroleum sub-sector, following the …

    Source: Zambian Observer - Indeterminate
  • Published on 19:22 GMT

    Can Nevada wean itself off California gas? New bill would authorize study

    Republican leaders in the Nevada Legislature have proposed creating a task force to study alternative gas supplies for Nevada. Nevada Senate Minority Leader Robin Titus introduced an emergency bill in the Nevada Legislature that would explore opportunities …

    Source: Las Vegas Review-Journal - Nevada - Neutral
  • Published on 20:35 GMT

    Oil Slips Despite Easing Trade Tensions

    Oil slipped as the looming prospect of another major OPEC+ production increase overshadowed easing trade tensions between the European Union and the US. West Texas Intermediate fell 1% to settle below $61 a barrel after a quiet session on Monday due to …

    Source: Rigzone - Neutral
  • Published on 11:52 GMT

    ICIMA hosts OPEC training workshop on engineering services exports

    TEHRAN - The first OPEC international training workshop on engineering and technical service exports opened at the place of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) on Tuesday, with a strong call for expanding Iranian companies …

    Source: Tehran Times - Gov't Propaganda
  • Published on 12:29 GMT

    Iraq sues KRG over US gas contracts: Official

    BAGHDAD Iraq's federal authorities have filed a complaint against the autonomous Kurdistan Regional Government (KRG) for signing gas contracts with two U.S. companies, two officials told AFP on May 27. Oil exports have been a major point of tension …

    Source: Hurriyet Daily News - Pro-Government
  • Published on 14:13 GMT

    Navy Personnel Bust, Destroy Eight Illegal Crude Oil Refining Sites In Delta State

    The Nigerian Navy has said that its personnel busted and destroyed eight illegal crude oil refining sites in Delta State. The Navy said the personnel also seized thousands of litres of stolen crude and refined products during the operations. Speaking to …

    Source: Sahara Reporters - Left-wing
  • Published on 15:21 GMT

    Lagos Court Jails Ex-PDP Chairman’s Son, Nasir Ali, Associate For 14 Years Over N2.2Billion Oil Subsidy Fraud

    Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos, on Tuesday, May 27, 2025, convicted and sentenced oil marketers Mamman Nasir Ali and Christian Taylor to 14 years in prison each for their involvement in a ₦2.2 billion oil subsidy fraud. …

    Source: Sahara Reporters - Left-wing
  • Published on 17:07 GMT

    Oil marketers bag 14 years each for N2.2bn subsidy scam

    The Lagos Special Offences Court has sentenced two oil marketers, Mamman Nasir Ali and Christian Taylor, to 14 years imprisonment each for their involvement in a N2.2bn oil subsidy fraud. Justice Mojisola Dada, presiding over the Special Offences Court in …

    Source: Punch - Indeterminate
  • Published on 20:36 GMT

    DOH CITES HAWAII PETROLEUM, LLC FOR UNDERGROUND STORAGE TANK VIOLATIONS

    Posted on May 27, 2025 in Newsroom OCEANVIEW, Hawaiʻi — The Hawai‘i Department of Health (DOH) Underground Storage Tank (UST) Section has issued a Notice of Violation and Order (NOVO) against Hawaii Petroleum, LLC., which operates Kamakani Store, LLC on …

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  • Published on 11:48 GMT

    Global refinery closure outlook to 2035

    Although global oil demand is expected to grow, the long-term outlook for many refineries is uncertain. Wood Mackenzie’s latest global refinery closure threat analysis reviews 420 sites worldwide, identifying those most at risk by 2035. Rising carbon cost, …

    Source: Hydrocarbon Engineering - Neutral
  • Published on 12:51 GMT

    Oman’s first quarter budget revenue down falls as oil income drops

    CAIRO (Reuters) – Oman’s overall budget revenue fell 7% year-on-year to 2.635 billion Omani rials ($6.85 billion) in the first quarter of 2025 as oil revenue dropped, Oman’s state news agency reported on Tuesday, citing data from the finance ministry. Oil …

    Source: KFGO - North Dakota - Neutral
  • Published on 19:18 GMT

    Vienna to host 9th OPEC International Seminar in July 2025

    Baku, May 27, AZERTAC The 9th OPEC International Seminar will take place on 9–10 July 2025 at the iconic Hofburg Palace in Vienna, Austria, under the theme “Charting Pathways Together: The Future of Global Energy.” Recognized as one of the premier events …

    Source: Azertag - Gov't Propaganda
  • Published on 20:54 GMT

    Oil prices dip 1% on supply concerns ahead of OPEC+ meeting

    Oil prices fell around one percent on Tuesday as investors weighed the prospect of increased global supply amid progress in U.S.-Iran nuclear talks and expectations of a production hike by OPEC+ later this week. Brent crude futures ended the session down …

    Source: Profit by Pakistan Today - Neutral
  • Published on 19:01 GMT

    Price at the Pump: OPEC Is Targeting Shale

    Members of the media are reporting that OPEC could announce another bigger than expected production hike at its next meeting.  The goal, according to a new Reuters report, is OPEC is trying to kill the U.S. shale industry.  OPEC took aim at U.S. shale …

    Source: KONA - Washington State - Neutral
  • Published on 19:42 GMT

    First Oil from Mero-4 FPSO in Brazil pre-salt

    May 27, 2025 FPSO Alexandre de Gusmão. Image courtesy Shell Brasil Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced the start of production at the floating production storage and offloading facility (FPSO) Alexandre de …

    Source: Offshore Engineer News - Neutral
  • Published on 20:56 GMT

    SNGPL MD assures APTMA of resolving gas issues for textile industry

    LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) Managing Director Amer Tufail on Tuesday assured the All Pakistan Textile Mills Association (APTMA) that all gas-related issues affecting the textile industry would be resolved on top priority. Amer Tufail …

    Source: Profit by Pakistan Today - Neutral

06 days 06:40:24

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