Press Releases

MENAFN

(MENAFN) A fire broke out at an oil depot in Ust-Labinsk following an overnight drone attack, regional officials confirmed on Saturday, according to reports.

MENAFN

(MENAFN) A stronger-than-expected U.S. jobs report has been overshadowed by deepening concern over surging oil prices and unresolved tariff uncertainty, with economists warning the recovery may prove short-lived.

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(MENAFN) A fire erupted at an oil storage site in the southern Russian city of Ust-Labinsk after an overnight drone attack, according to reports from regional authorities.

MENAFN

(MENAFN) US oil companies have emerged as the primary beneficiaries of the Strait of Hormuz crisis, having gained what Rosneft CEO Igor Sechin described as "noncompetitive advantages" and the ability to sell supplies at inflated prices.

MENAFN

(MENAFN) A fire erupted at an oil depot in the southern Russian city of Ust-Labinsk following an overnight drone assault, regional authorities confirmed Saturday, as Ukrainian President Volodymyr Zelenskyy acknowledged the attack and declared that...

MENAFN

(MENAFN) A fire broke out Saturday morning at the Tyumen Oil Refinery in Russia, affecting an area of around 100 square meters and prompting authorities to classify the incident as a high-risk blaze, according to reports.

MENAFN

(MENAFN) A fire broke out Saturday morning at the Tyumen Oil Refinery in Russia, rapidly spreading across 100 square meters (1,076 square feet) before being classified as a "high-risk fire," local authorities confirmed.

MENAFN

(MENAFN) US oil producers have emerged as the primary beneficiaries of disruptions affecting the Strait of Hormuz, gaining what Rosneft CEO Igor Sechin described as "noncompetitive advantages" and greater opportunities to market energy supplies at...

MENAFN

(MENAFN) Japan's parliament approved a sweeping 3.11-trillion-yen supplementary budget on Friday — equivalent to roughly 19 billion U.S. dollars — as Tokyo moves urgently to shield households and businesses from spiraling energy costs driven by...

MENAFN

(MENAFN) The head of Rosneft said Saturday that American oil producers have emerged as the primary winners from disruptions affecting the Strait of Hormuz, arguing that the situation has created favorable market conditions that allow them to...

MENAFN

(MENAFN) Russia’s federal budget deficit has expanded significantly, surpassing 6 trillion rubles (about $81.4 billion) in the January–May period of this year—roughly twice the level recorded during the same period in the previous year.

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(MENAFN) South Korea has accused North Korea of continuing illicit exports of coal and minerals despite United Nations sanctions, according to remarks attributed to intelligence assessments and parliamentary disclosures reported in local media....

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(MENAFN) Turkish President Recep Tayyip Erdoğa said Wednesday that recent global conflicts have demonstrated that energy supply security is not only an economic issue but also a core element of national sovereignty and security.

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(MENAFN) Russia’s current oil production has dropped compared to the beginning of 2026, Deputy Prime Minister Alexander Novak stated on Thursday during the St. Petersburg International Economic Forum. “Currently, production is indeed somewhat...

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(MENAFN) Algeria has officially begun construction on its portion of the Trans-Saharan Gas Pipeline (TSGP), marking a significant milestone for one of Africa’s largest energy infrastructure initiatives, according to reports.

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(MENAFN) Finland’s health authority has recommended prohibiting the sale of energy drinks to anyone under the age of 18, according to reports.

The Florida Bar

TALLAHASSEE – Rate hikes for about 123,000 customers of Florida City Gas will remain intact after the Florida Supreme Court on Thursday upheld the decision by state regulators.

GlobeNewswire, Inc.

TORTOLA, British Virgin Islands, June 05, 2026 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announces that it has filed its condensed consolidated...

Government of Saskatchewan

CANADA, June 5 - Released on June 5, 2026 The Government of Saskatchewan's second Crown oil and natural gas public offering of the fiscal year, held on June 2, 2026, generated $17,747,731.98 in revenue, with bids in the Estevan area earning the...

DVIDS - Georgia

REDSTONE ARSENAL, Ala. – The U.S. Army Engineering and Support Center, Huntsville plays a central role in advancing the Army’s energy resilience efforts through the Energy Resilience and Conservation Investment Program, ERCIP, a Department of...