Read the latest news from regional and global sources, presenting different voices and perspectives.

EFCC Arraigns Oil Magnate in Port Harcourt for Alleged N750million Bank Fraud
The Port Harcourt’s Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday, June 17, arraigned Ugochukwu Joseph Nwaemere, the Executive Director of Pennhydro-Pell Oil and Gas Limited before Justice E.A Obile of the...
EFCC Arraigns Oil Magnate For Alleged N750Million Loan Scam Involving Forged Invoice In Port Harcourt
The Port Harcourt Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on Tuesday, June 17, 2025, arraigned Ugochukwu Joseph Nwaemere, Executive Director of Pennhydro-Pell Oil and Gas Limited, before Justice E.A. Obile of the...

Big fallout: P3/l oil price hike
Oil firms have raised fears of a “hefty” price hike next week that could likely reach as much as P3 based on Monday’s Mean of Platts Singapore (MOPS) trading, as prices soared globally Tuesday with the crisis in the Middle East continuing to...

£150 sent to UK households claiming Warm Home Discount after major energy supplier's payment error
Energy supplier Utilita will pay around £277,000 in compensation after failing to deliver Warm Home Discount payments on time, Ofgem has said. The regulator found that Utilita, which serves 800,000 customers, did not provide the mandatory discount...

‘Watt’s’ The Problem – The Energy Demands Behind AI
Smart city and communication network concept. Generative AI is the game-changing technology of the decade, and the race is on to build better systems. Whether it’s Agentic AI where applications perform tasks and have access to the Internet, or...

Glen Finglas dam electrical upgrades designed to deliver future energy resilience
Critical electrical work in the turbine room at Glen Finglas dam near Stirling in Scotland has ensured the continued safe operation and maintenance of Scottish Water’s hydroelectric dam. The hydro turbine supplies 2.5 GWh of energy annually, which...
WTF: ADX Energy
Why is Europe still heavily reliant on oil and gas? How do renewables fit into this mix? Why did the energy crisis change Europe's approach to energy security? And why are European gas prices experiencing volatility? ADX Energy (ASX:ADX)executive...

Minister Khadka expresses dissatisfaction over poor progress in Energy Ministry
Energy Minister Deepak Khadka KATHMANDU: Minister for Energy, Water Resources and Irrigation, Deepak Khadka, has expressed serious dissatisfaction over the underwhelming performance of the ministry and its subordinate bodies. Speaking at the High...

Israel-Iran War Already Taking Toll on Oil and Gas Sector
LONDON, June 17 (Reuters) – Critical energy infrastructure in Israel and Iran has not escaped unscathed from the first few days of the countries’ escalated conflict. Worst-case scenarios have yet to be realized, but the war is already having a...

'North Sea oil is ripe for a rebound'
Ed Miliband’s fantasies of climate justice and clean energy are slowly being exposed. The secretary of state for energy security and net zero’s green delusion is going to be abandoned. If an economy is to grow, then it must consume more energy,...

Europe Has Finally Figured Out How To Give Up Russian Gas
8 Details. In the fourth year of Russia's aggression against Ukraine, the European Union has finally figured out how to cut off Russian gas to reduce the Kremlin's ability to finance the war and pressure EU countries. If the plan is implemented,...

Oregon’s gas prices rising as Israel-Iran attacks cause crude oil prices to spike; Bend’s price unchanged in past week
PORTLAND, Ore. (KTVZ) – Gas prices are climbing in most states, including Oregon, because of the attacks between Israel and Iran, AAA Oregon/Idaho reported Tuesday. The conflict caused crude oil prices to spike to their highest prices since...

How to play the energy sector as oil prices rise
00:00 Speaker A Oil prices moving again as the conflict between Israel and Iran enters its fifth day. The geopolitical tensions rippling through the broader energy sector. We're navigating how to play this space with the Yahoo Finance playbook and...

The Smart Revolution In US Oil and Gas
AI is poised to provide the US oil and gas industry with powerful tools to operate more intelligently, safely, and sustainably. getty Artificial intelligence (AI) is essentially about making computers think and learn like humans to solve complex...

Analysts say that the Vaca Muerta shale is a major factor in Argentina's move towards energy independence.
Rystad Energy analysts stated on Tuesday that the shale gas formation of Vaca Muerta in Argentina will produce a large amount of oil and gas by the first quarter 2025, which is driving the nation to achieve energy independence and its ambitious...
WA's biggest gas generator on edge of 'insolvency' after 'bailout' rejected
One of Western Australia's biggest gas-fired power plants has been teetering on the edge of bankruptcy, fuelling worries its failure could spark a wider crisis in the state's electricity system. It is understood former WA energy minister Reece...
Can Albanese finally secure east coast gas supplies with a Santos takeover?
The South Australian Northern Territory Oil Search, the firm otherwise known as Santos, may finally have met its match. After years of underperformance, promises never quite fulfilled and takeover offers that went nowhere, the 71-year-old company...

Türkiye sees no disruption in gas supplies from Iran: Energy minister
Baku, June 17, AZERTAC Türkiye is not experiencing any disruption in its natural gas supply from Iran amid concerns that escalating tensions between Iran and Israel could impact regional energy flows, Anadolu Agency reported citing Türkiye's...

1 gas station in cities throughout Clarion County had the cheapest premium gas in week ending June 7
Federal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie | www.ferc.govFederal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie | www.ferc.gov There was a single gas station in cities across Clarion County selling...

1 gas station in cities throughout Steuben County had the cheapest midgrade gas in week ending June 7
Federal Energy Regulatory Commission (FERC) Commissioner Allison Clements | www.ferc.govFederal Energy Regulatory Commission (FERC) Commissioner Allison Clements | www.ferc.gov There was a single gas station in cities across Steuben County selling...