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Published on 02:46 GMT

BPCL, HPCL, IOC, ONGC, GAIL shares: Brent oil at $70 a barrel; here's how it will impact oil & gas sector

Brent oil futures have hit $70 a barrel mark, as OPEC has decided to proceed with a gradual rollback of the 2.2mbpd voluntary production cut that was in place since November 2023. The rollback will start from April 2025 up to September-December 2026. Emkay …

Source: Business Today - Uncategorized
Published on Mar 4, 2025

Aramco CEO Sees Strong Oil Demand Amid OPEC+ Output Revival

[Stay on top of transportation news: Get TTNews in your inbox.] Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the world’s biggest oil producer, Saudi Aramco. …

Source: Transport Topics - Neutral
Published on Mar 4, 2025

Threat of Rising Supply and Demand Destruction Puts Oil Prices Under Pressure

The trade war between China and the U.S. is intensifying just as OPEC+ prepares to unwind its production cuts, putting oil prices under considerable downward pressure. - The US-China trade war escalated over the past week with the White House signing off …

Source: Oil Price - Neutral
Published on Mar 4, 2025

Palm oil falls on weaker Dalian oil, Sino-US Tariff War

Malaysian palm oils futures ended lower on Tuesday due to weaker Dalian oils, and fears over China's response to new U.S. duties on Chinese products. The benchmark May palm oil contract on Bursa Derivatives Exchange dropped 137 ringgit or 3.06% to …

Source: World Energy News - Connecticut - Label Pending
Published on Mar 4, 2025

Oil prices drop as OPEC+ agrees to gradually hike output from April

Oil prices had already been trading lower in the last few weeks, partly because of expectations that US president Donald Trump could swiftly end Russia’s war in Ukraine. This, in turn, is likely to increase Russian oil output thanks to sanctions relief. …

Source: Euronews - Neutral
Published on Mar 4, 2025

Saudi Arabia’s State-owned Oil Company Reports 12% Drop in Profits

Aramco, Saudi Arabia’s state-owned oil company, reported a 12% drop in net profit for 2024 on Tuesday. After earning $121.3 billion in 2023, Aramco earned $106.3 billion in 2024, resulting in a lower payout for the kingdom, which relies heavily on oil …

Source: Media Line - Uncategorized
Published on Mar 4, 2025

Asia And Europe Markets Decline; Oil Falls As OPEC+ Confirms Output Hike - Global Markets Today While US Slept

On Monday, March 3rd, U.S. markets closed sharply lower after Trump announced 25% tariffs on Canada and Mexico, with the S&P 500 seeing its worst drop since December. Stocks had already slipped after an ISM survey showed declining manufacturing PMI. …

Source: Benzinga - Neutral
Published on Mar 4, 2025

Omani Riyal to Pakistani rupee rate; March 4, 2025

The exchange rate of the Omani Riyal (OMR) against the Pakistani Rupee (PKR) was recorded at Rs731.65 in the open market on Tuesday, March 4, 2025. The buying rate for the Omani Riyal in exchange for the Pakistan Rupee (PKR) stood at Rs723.15 while the …

Source: ARY News - Label Pending
Published on Mar 3, 2025

87 years ago today, Saudi Arabia struck oil

Exactly 87 years ago, Saudi Arabia witnessed a historic breakthrough when an American-owned oil well in Dhahran struck a massive petroleum reserve on March 3, 1938. The discovery marked the beginning of the transformation of Saudi Arabia into one of the …

Source: The Siasat Daily - Uncategorized
Published on Mar 4, 2025

Clean cooking push for low-income households boosts India’s LPG imports in 2024: OPEC

India’s refined petroleum product (POL) imports during 2024 rose to record levels spurred by higher purchases of liquefied petroleum gas (LPG) as the world’s third largest energy consumer pushes clean cooking initiatives, particularly targeting low income …

Source: The Hindu Business Line - Neutral
Published on Feb 28, 2025

Asia Markets Slide, Europe Extends Losses; Oil Drops On Tariff Concerns - Global Markets Today While US Slept

On Thursday, February 27, U.S. markets closed in the red, driven by a sharp decline in Nvidia’s stock after its quarterly forecast fell short of Wall Street’s high expectations. Concerns over slowing demand for artificial intelligence technologies and …

Source: Benzinga - Neutral
Published on Feb 28, 2025

The End of Oil and Empire

Oil refinery near Ashland, Kentucky. Photo: Jeffrey St. Clair. In the wake of Donald Trump’s anti-environmental “Drill baby, drill” stance, now may not seem the time to champion a greener future, but we have no choice if we want the earth to remain …

Source: CounterPunch - Left-wing
Published on Feb 27, 2025

What is a shadow fleet, central to Iran’s oil trade & now facing fresh US sanctions

New Delhi: The US Monday imposed sanctions on more than 30 tanker operators, brokers and shipping companies for their alleged role in selling and transporting Iranian petroleum. This includes four Indian companies as well. The move is part of efforts to …

Source: The Print - Neutral
Published on Feb 27, 2025

Will India really increase US energy imports by two-thirds? What’s at stake?

India has dangled the carrot of increasing its energy imports from the US by two-thirds to $25 bn as part of a broader strategy to negotiate better trade terms with Trump. The rationale is simple: India needs more energy to fuel its growing economy, and …

Source: The Economic Times - Center-right
Published on Mar 4, 2025

Trump’s Grand Tariff Experiment: Success or Failure Will Take Time to Determine

Updates: Policy/News/Markets, March 4, 2025 — The tit-for-tat tariff trade wars have begun. Link to our special report for details. — Mexico on Sunday to announce retaliatory tariffs as Trump imposes sweeping trade measures. The delay could signal …

Source: Profarmer - Label Pending
Published on Mar 4, 2025

US dollar weakens amid rising ‘Trumpcession’ fears, as tariffs kick in – business live

Introduction: Stocks fall as Donald Trump imposes tariffsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Fears are growing of a global trade war, after China and Canada retaliated against the US …

Source: The Guardian - Center-left
Published on Mar 4, 2025

Why Trump’s bid to end China’s rare earth mineral monopoly may trigger a geopolitical headache

New Delhi: The placards in the photograph seem to plead with history. “Your wives and babies may be next,” one states. Another held up by a young girl proclaims, “Iron spells tragedy.” Late in the summer of 1937, the Imperial Japanese military had invaded …

Source: The Print - Neutral
Published on Mar 4, 2025

Palm tumbles on weaker Dalian oils, Sino-US tariff war

JAKARTA: Malaysian palm oil futures closed lower on Tuesday, weighed down by weaker rival Dalian oils and concerns over China’s retaliation against fresh U.S. tariffs on Chinese goods. The benchmark palm oil contract for May delivery on the Bursa Malaysia …

Source: Business Recorder - Neutral
Published on Mar 4, 2025

Global markets jittery ahead of Trump tariffs: How will it impact Dalal Street?

Dalal Street has been nervous for some time, and the road ahead does not look promising as markets are expected to react to global cues. A decline in US stocks was witnessed, triggered by the latest tariff announcement from US President Donald Trump …

Source: India Today - Neutral

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Published on March 3, 2025 - 12:53 GMT

New Stratus Energy Announces Award of a Transformative Production Sharing Contract for a Significant Oil Field in ...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, March 03, 2025 (GLOBE NEWSWIRE) -- New Stratus Energy Inc. (TSX.V - NSE) (“New Stratus”, “NSE” or the “Corporation”) is pleased to announce …

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Published on March 3, 2025 - 12:30 GMT

Occidental Announces Offer to Exercise Warrants at a Temporarily Reduced Price

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced an offer to exercise its outstanding publicly traded warrants (the “Warrants”) at a temporarily reduced price (the “Offer”). The Offer is available to holders of the …

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Published on February 27, 2025 - 06:04 GMT

CMB.TECH announces Q4 2024 results

CMB.TECH ANNOUNCES Q4 2024 RESULTS STRONG RESULTS DESPITE SLOW MARKETS ANTWERP, Belgium, 27 February 2025 – CMB.TECH NV (“CMBT”, “CMB.TECH” or “the Company”) (NYSE: CMBT & Euronext: CMBT) reported its non-audited financial results today for the fourth …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on March 4, 2025 - 14:39 GMT

Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares

Tuesday, March 4, 2025 Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.45 per share. He is now holding 4,100,000 shares. Following this transaction, the Hansson family owns 8 …

Distribution channels: Shipping, Storage & Logistics ...

Published on March 3, 2025 - 21:45 GMT

W&T Offshore Announces Fourth Quarter and Full Year 2024 Results Including Year-End 2024 Proved Reserves, Provides ...

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company” or “us”) today reported operational and financial results for the fourth quarter and full year 2024, including the Company’s year-end 2024 reserve …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 3, 2025 - 13:32 GMT

California Resources Reports Fourth Quarter and Full Year 2024 Financial and Operating Results

Achieves Meaningful Capital Efficiency Improvements and Significant Cost Reductions Following Aera Merger LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today reported financial and operating results for …

Distribution channels: Business & Economy, Mining Industry ...
Published on March 3, 2025 - 13:31 GMT

Carbon TerraVault Provides 2024 Update

Signs Carbon Management MOU1 with National Cement for California’s First Net Zero Cement Facility LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources …

Distribution channels: Business & Economy, Companies ...
Published on March 3, 2025 - 13:30 GMT

Carbon TerraVault and National Cement Sign MOU for California’s First Net Zero Cement Facility

Carbon TerraVault Expects to Transport and Sequester up to 1 Million Metric Tons of CO2 Emissions Annually LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon …

Distribution channels: Business & Economy, Media, Advertising & PR ...

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Published on March 5, 2025 - 08:11 GMT

UV Disinfection Equipment Market Trends: A Smart Investment for a Safer Future

UV Disinfection Equipment Market to surpass $5.7 billion by 2027 WILMINGTON, DE, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global UV disinfection equipment market …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 5, 2025 - 08:11 GMT

Wave Energy Market Trends: Harnessing Ocean Power

Wave Energy Market to Breach $141.1 Million by 2027 WILMINGTON, DE, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global wave energy market size was valued at $43.8 …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 5, 2025 - 05:59 GMT

UPS System Market Trends: Driving Demand for Reliable Power Solutions

Uninterrupted Power Supply (UPS) System Market Worth $9.4 Billion by 2027 WILMINGTON, DE, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global uninterrupted power supply …

Distribution channels: Electronics Industry, Energy Industry ...
Published on March 5, 2025 - 05:41 GMT

OnePlan Wins 2025 G2 Best Software Award for Project Management Excellence

OnePlan is proud to announce it has been named a winner in the 2025 G2 Best Software Awards in the Best Project Management Software Products category. SAN MARCOS, CA, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- OnePlan , a leading …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on March 5, 2025 - 05:28 GMT

Building Integrated Photovoltaics (BIPV) Market Trends: Transforming Buildings into Energy Producers

Building Integrated Photovoltaics (BIPV) Market Worth USD 86.7 billion by 2030 | North America CAGR of 20.7% by US, Canada WILMINGTON, DE, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 5, 2025 - 05:27 GMT

Gold Shield Services Expands Its HVAC Solutions Across Illinois

Gold Shield Services is expanding its high-quality HVAC solutions across Illinois, bringing expert heating and cooling services to new communities. ELGIN, IL, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- Gold Shield Services, a leading …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on March 5, 2025 - 00:24 GMT

The Insiders Fund Captures #2 Rank in BarclayHedge Equity Long/Short Category: Market-Leading January Performance

The Insiders Fund, an award-winning hedge fund, leverages insider transaction analysis to deliver 10% Jan. return, earning #2 rank among Long/Short Equity funds PARK CITY, UT, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- The Insiders …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2025 - 21:49 GMT

All-Year Cooling CEO Tommy Smith Highlights How Trenchless Technology is Revolutionizing Pipe Repair

All-Year Cooling CEO Tommy Smith Highlights How Trenchless Technology is Revolutionizing Pipe Repair CORAL SPINGS, FL, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- In an era where efficiency and minimal disruption are key concerns for …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 4, 2025 - 21:15 GMT

Advanced Media Technologies Enhances Network Planning Processes with Innovative AI-Enabled Mapping Services

DEERFIELD BEACH, FL, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Advanced Media Technologies (AMT), a leader in advanced broadband and wireless network products, has announced a major milestone in its continued partnership with AirWorks. …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on March 4, 2025 - 20:39 GMT

Wolf River Electric Honored with the ESGR Patriot Award for Support of Military Employees

ISANTI, MN, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Wolf River Electric, a leader in the renewable energy industry, has been awarded the prestigious Patriot Award by the Employer Support of the Guard and Reserve (ESGR). This …

Distribution channels: Building & Construction Industry, Culture, Society & Lifestyle ...
Published on March 4, 2025 - 19:41 GMT

Interstate Advanced Materials Seattle Delivers Solutions to Drive Growth in Key Washington Industries

Interstate Advanced Materials Seattle proudly supports businesses across Washington by providing tailored material solutions for many applications. SEATTLE, WA, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Interstate Advanced Materials, a …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on March 4, 2025 - 19:00 GMT

Energy AI Solutions Partners with UnifyCloud to Accelerate AI Application Development with new AI Factory

Energy AI Solutions to leverage UnifyCloud's CloudAtlas AI Factory to accelerate AI application development to maximize value and ROI and minimize risk. REDMOND, WA, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Energy AI Solutions, a …

Distribution channels: Business & Economy, Companies ...
Published on March 4, 2025 - 18:16 GMT

District Heating and Cooling Market Gains Momentum as Cities Prioritize Energy-Efficient Infrastructure

The global district heating and cooling market grows due to energy efficiency and sustainability efforts, reducing carbon emissions and combating climate change WILMINGTON, DE, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Allied Market …

Distribution channels: Energy Industry, Technology ...
Published on March 4, 2025 - 18:04 GMT

Hydrogen Membrane Market: A Look into Its Latest Trends and Investment Opportunities

The hydrogen membrane industry has witnessed significant growth due to the ability of hydrogen to produce zero emission when used in fuel cells. WILMINGTON, DE, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- The research report by Allied …

Distribution channels: Chemical Industry, Energy Industry ...
Published on March 4, 2025 - 18:03 GMT

Decarbonizing the Future: Clean Energy Transition Market Gains Momentum Worldwide

Rising investments in clean energy boost demand for green solutions, speeding the transition to renewables amid climate urgency. WILMINGTON, DE, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled …

Distribution channels: Energy Industry, Technology ...
Published on March 4, 2025 - 17:07 GMT

Key Growth Driver in Ruminant Methane Reduction Market 2025: Rising Environmental Concerns Boost Market Expansion

The Business Research Company's Key Growth Driver in Ruminant Methane Reduction Market 2025: Rising Environmental Concerns Boost Market Expansion LONDON, GREATER LONDON, UNITED KINGDOM, March 4, 2025 /⁨EINPresswire.com⁩/ -- Updated 2025 Market …

Distribution channels: Business & Economy, Chemical Industry ...
Published on March 4, 2025 - 16:43 GMT

Ideon Delivers High-Impact Exploration Targets for Fireweed Metals at Macmillan Pass

Muons and AI-powered REVEAL™ for Exploration solution reduces geological uncertainty over 1 billion cubic metres VANCOUVER, BRITISH COLUMBIA, CANADA, March 4, 2025 /⁨EINPresswire.com⁩/ -- Ideon Technologies is delivering actionable exploration …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 4, 2025 - 16:16 GMT

AI and Renewable Energy: A Game-Changer for Global Energy Transition

The global AI in renewable energy market is set for high growth, driven by its use in generation, transmission, distribution, and utilities. WILMINGTON, DE, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- The AI in renewable energy market …

Distribution channels: Energy Industry, Technology ...
Published on March 4, 2025 - 15:21 GMT

Erie-Based Vorex Extends Its Impact Across the Globe, Supporting Critical Efforts in Ukraine

Vorex Extends Its Impact Keeping Ukraine Warm ERIE, PA, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- As the war in Ukraine continues, Vorex, a leading oil and gas supply company, helps people of Ukraine stay warm, connected, and resilient. …

Distribution channels: Business & Economy, Companies ...
Published on March 4, 2025 - 15:15 GMT

Lords Of Fortune Launches Abundantia LP US Fund to Market Treasure from the 1909 Shipwreck RMS Republic

The fund expects to limit initial investment to $8.5 million and expects to quickly grow to USD 3.5 billion AUM with its recovery of rare gold coin cargoes. MIAMI BEACH, FL, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Dubbed "modern …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...