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A service for global professionals · Friday, May 2, 2025 · 808,919,828 Articles · 3+ Million Readers
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Oil & Gas News Monitoring

  • Published on 08:13 GMT

    Shell profits plunge as oil prices fall on trade war fears - but energy giant plots another bumper share buyback

    Adjusted earnings fall from $7.7bn to $5.6bn year-on-year as oil prices fall Shell plans 14th consecutive quarter of a buyback programme of at least $3bn By MIKE SHEEN Updated: 03:16 EDT, 2 May 2025 Shell’s profits fell by more than a quarter at the start …

    Source: This Is Money - Neutral
  • Published on 09:46 GMT

    JT Grup Oil close to meeting 2024 profit target despite sluggish revenues

    JT Grup Oil (BVB: JTG), the Romanian petroleum products distribution group that is developing a EUR 25 million oil terminal in Constanta port to boost the diesel imports, announced its net profit surged by 80% y/y to RON 10.3 million (EUR 2 million) in …

    Source: Romania Insider - Neutral
  • Published on 13:39 GMT

    US Cracks Down on Firms Tied to Suspected Iranian Oil Shipments

    The US has sanctioned seven companies and identified two tankers allegedly involved in the transport and trade of Iranian petroleum products. File Image / Pixabay The US Treasury's Office of Foreign Assets Control (OFAC) has imposed fresh sanctions …

    Source: Ship & Bunker - Neutral
  • Published on 14:27 GMT

    Kazakhstan to Build Ferroalloy-Gas Utilization Facility 

    ASTANA – Global metals and mining company Eurasian Resources Group (ERG) has signed an engineering, procurement and construction (EPC) contract with China Tianchen Engineering Corporation to build a ferroalloy-gas utilization facility in Kazakhstan, ERG …

    Source: The Astana Times - Gov't Propaganda
  • Published on 14:53 GMT

    The Weekly Wrap: Trump Admin Sues States Going After Big Oil

    This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks. Become A Member Welcome back to The Weekly Wrap, our Friday roundup of stories that explain the problems oppressing …

    Source: Next City - Left-wing
  • Published on 15:49 GMT

    Kilauea Volcano Volcanic Ash Advisory: LGT GAS/STEAM/VA OBSD to 5000 ft (1500 m)

    Fri, 2 May 2025, 14:00 | BY: VN Explosive activity continues. Volcanic Ash Advisory Center (VAAC) Washington warned about a volcanic ash plume that rose up to estimated 5000 ft (1500 m) altitude or flight level 50 . The full report is as follows: FVXX20 at …

    Source: Volcano Discovery - Neutral
  • Published on 16:09 GMT

    ‘Stop buying Iranian oil or else’: Trump issues chilling warning to nations funding Tehran

    U.S. President Donald Trump has issued a chilling warning to nations buying Iranian oil, saying ‘stop now or face severe secondary sanctions.’ In a bold statement on Truth Social, Trump declared that any individual or country purchasing Iranian oil or …

    Source: The Economic Times - Pending
  • Published on 16:13 GMT

    JSCCIB opposes pool gas scheme, citing economic and social risks

    JSCCIB director-general Sutee Satanasathaporn submitted a formal letter to Prime Minister Paetongtarn Shinawatra on Friday, urging the government to reconsider the initiative. The JSCCIB comprises the Thai Chamber of Commerce, the Federation of Thai …

    Source: The Nation Thailand - Indeterminate
  • Published on 16:55 GMT

    1 dead after Plant City gas station dispute leads to shooting

    PLANT CITY, Fla. — A man was killed during a dispute at a gas station that escalated into a shooting early Friday morning. The Plant City Police Department said officers were called to a Speedlane Express on North County Line Road around 2:15 a.m. after …

    Source: WFTS Tampa Bay - Florida - Neutral
  • Published on 07:51 GMT

    Shell net profit sinks 35% in first-quarter as oil prices fall

    LONDON - British energy giant Shell on Friday announced that net profit dropped 35 percent in the first quarter, as it was hit with weaker oil prices. Profit attributable to shareholders fell to $4.8 billion from $7.4 billion in the first quarter of 2024, …

    Source: Eye Witness News - Neutral
  • Published on 08:16 GMT

    Shell Q1 profit falls 35% amid weak oil prices

    British energy giant Shell on Friday announced that its net profit dropped 35 percent in the first quarter, due to weaker oil prices. Shell said in an earnings statement that profits attributable to shareholders fell to $4.8 billion from $7.4 billion in …

    Source: Punch - Indeterminate
  • Published on 09:30 GMT

    Milton gets to work replacing 80-year-old natural gas lines

    The city of Milton received a $10 million federal government grant to replace 12 miles of aging pipes It is estimated that Milton has 4.38 miles of cast iron and 7.91 miles of steel natural gas mains that are vulnerable to leaks Work to install new …

    Source: Pensacola News Journal - Florida - Pending
  • Published on 12:30 GMT

    Strategic oil and gas partnership, security cooperation are among Ghana’s latest pacts with Algeria

    An agreement to increase the scholarship quota for Ghanaian students in AI, robotics and engineering; commitment to working on a direct flight from Accra to Algiers; commencement of a strategic oil and gas partnership; consolidation of security cooperation …

    Source: 3News.com - Indeterminate
  • Published on 14:15 GMT

    Afreximbank financing could boost Africa’s oil trade

    The African Export-Import Bank announced a new financing program that could unlock up to $14 billion of additional oil trade on the continent. Afreximbank’s $3 billion initiative seeks to leverage the continent’s nascent but growing refining capacity to …

    Source: Semafor - Neutral
  • Published on 15:46 GMT

    Okomu Oil sees 39.8% profit jump in first quarter 2025, on strong turnover 

    Okomu Oil Palm Company PLC has reported a pre-tax profit of N32.2 billion in its first quarter 2025 financial statements, reflecting a 39.81% increase from N23.03 billion posted in the same period in 2024. This impressive growth was driven by strong …

    Source: Nairametrics - Neutral
  • Published on 15:53 GMT

    SUV drives into Columbia gas station

    An employee went to an area hospital after a vehicle crashed into a Columbia gas station early Friday morning. At about 6 a.m., police said Sherman Moore, 55, of Missouri,… The post SUV drives into Columbia gas station appeared first on Republic-Times | …

    Source: Republic-Times - Illinois - Neutral
  • Published on 08:17 GMT

    Brunei downstream oil sector expected to accelerate: think tank

    BANDAR SERI BEGAWAN, May 2 (Xinhua) -- The oil and gas industry will continue to dominate Brunei's economy, with substantial contributions anticipated from the downstream oil sector, Brunei's top think tank said on Thursday. In its Economic Outlook …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on 08:26 GMT

    Oil Well Sites Can Be Rewilded With Moss

    Register for free to listen to this article Thank you. Listen to this article using the player above. ✖ Want to listen to this article for FREE? Complete the form below to unlock access to ALL audio articles. In what could represent a milestone in …

    Source: Technology Networks - Neutral
  • Published on 16:08 GMT

    Any country that buys oil from Iran may land in trouble; here's why

    Donald Trump issued a stern warning, stating that any country or individual purchasing oil or petrochemicals from Iran would face severe sanctions, including being barred from conducting business with the United States. This move is part of Trump's …

    Source: The Economic Times - Pending

03 days 10:17:25

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