Latest News for: Oil industry

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Controversial oil and gas company files for Chapter 11 bankruptcy

Victoria Advocate 21 May 2024
Consolidation in the oil and natural gas sector has led to financial distress in the oil and gas services industry ....
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Ningxia upgrades industries to build up high-quality development

China Daily 21 May 2024
The development of new quality productive forces and the establishment of a modern industrial system have helped to build up the high-quality development of the Ningxia Hui autonomous region, senior regional officials said on Monday in Beijing.
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Q4 results today: BHEL, NMDC, JK Tyre, Sheela Foam, Arvind Fashions, and Religare among 28 companies to report earnings

Live Mint 21 May 2024
Notable companies such as BHEL, JK Tyre, Arvind Fashions, Hitachi Energy, Sheela Foam, Welspun Industries, Gulf Oil, Dollar Industries, and Religare Enterprises are expected to announce their Q4FY24 ...
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DOE approves hike in biofuels blend to diesel, gasoline products

Manila Bulletin 21 May 2024
The energy chief noted that “to ensure a smooth and timely transition to higher biofuel blend percentages, the downstream oil industry must maintain sufficient storage capacity, blending facilities, ...
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Nigeria’s Adekeye Emerges Chairperson of APPO Training Directors

This Day 21 May 2024
... by Inuwa Danladi, Executive Vice President (Business Services), emphasised the importance of a standardised educational and training approach to meet the changing demands of the oil and gas industry.
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UK running out of options for offshore energy ‘just transition’ – report

AOL 21 May 2024
The UK is the first major economy to halve its emissions, and we are leading the way in our transformation of the energy industry, with £100 billion investment in green industries supporting up to 725,000 jobs by 2030.
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Indonesia can become a major SAF producer

The Jakarta Post 21 May 2024
T ... Generally, SAF is derived from nonfossil resources that meet sustainability criteria, such as used cooking oil, agricultural residue and even carbon dioxide from industrial gas effluents or the atmosphere. .
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China, Central Asia reap remarkable benefits from win-win cooperation

People Daily 21 May 2024
A customer at a supermarket of Xi'an Aiju Grain and Oil Industrial Group expressed her delight after savoring the creamy and flavorful Kazakh vanilla ice cream with a chocolate topping.
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Top IPTV for Hotel Service Provider Unveils Best-in-Class Solutions in Medina, Saudi Arabia

GetNews 21 May 2024
Amid Medina's hotel industry's reliance on traditional cable TV, Saudi Arabia's shift from oil to tourism forecasts a hotel boom requiring IPTV solutions ... Emergence of IPTV in Medina's Hotel Industry ... Customizable Interface for Various Industries.
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Thebe has estimated figure of its 28% stake in Shell but won’t disclose it in public

Independent online (SA) 21 May 2024
Thebe Investment Corporation has refused to state publicly how much its 28% stake in Shell Downstream SA (SDSA) was worth, saying it preferred to leave its valuation to independent experts ... If all the oil industries discounted about 25%, you do that.
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Chinese, Kazakh FMs vow to enhance cooperation

People Daily 21 May 2024
Cooperation in oil and gas and nuclear energy is also accelerating. The two sides agreed to continue leveraging their industrial and market complementarities to jointly participate in the construction of the Belt and Road Initiative with high quality.
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Helms, Burgum, Trump rail against regulation at oil conference

The Dickinson Press 20 May 2024
Helms highlighted another number in his presentation — North Dakota’s oil industry capturing 2 billion barrels of natural gas liquids ... He credited the oil industry for reducing the amount of gas that is flared, or burned away at the well site.
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Trump’s deal — rebirth of the fossil fuel industry

Dawn 20 May 2024
In the wake of the Trump offer, oil industry officials have reportedly begun drafting executive orders reversing the Biden administration’s green policy initiatives on day one of Mr Trump’s potential second presidency, according to Politico.

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In this photo released by the Iranian first Vice-President Office,  Iranian First Vice President Mohammad Mokhber, right, now acting President of the Islamic Republic of Iran, leads a cabinet meeting in Tehran, Iran, Monday, May 20, 2024. Mokhber was appointed as acting president of the Islamic Republic on Monday after the death of President Ebrahim Raisi in a helicopter crash in the country's northwest. (Iranian First Vice-President Office via AP)
Iranian First Vice-President Office via AP
Benyamin Netanyahu during a meeting with the President of Ukraine
Creative Commons / President.gov.ua https://creativecommons.org/licenses/by/4.0/deed.en
US Air Force (US Army) member hands a bottle of water to a local child near Air Base 201, Niger, Jan. 6, 2023
USAF / Master Sgt. Michael Matkin
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