Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on World Energy News Online.

Drilling Waste Management Market to Hit $8.2 Billion by 2033 | Sustainable Oil & Gas Solutions
🚛 Global Drilling Waste Management Market Forecast 2024–2033 | Growth in Treatment & Disposal Services 🌱 WILMINGTON, DE, UNITED STATES, July 18, 2025 /EINPresswire.com/ -- According to a new report published by Allied Market Research, the global...

KBR Secures Two-Year Renewal of EPCM Contract with Basra Oil Company for the Majnoon Oil Field in Iraq
HOUSTON, July 17, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that it has secured the renewal of its engineering, procurement, and construction management (EPCM) contract with Basra Oil Company (BOC) for the Majnoon Oil Field for an...

Digital Twin Market in Oil & Gas Industry Forecasts Strong Growth US$ 2.81 Billion by 2032 | Says DataM Intelligence
Digital Twins in Oil & Gas Market to grow from US$ 1.2B in 2024 to US$ 2.81B by 2032, driven by rising demand for asset optimization. AUSTIN, TX, UNITED STATES, July 17, 2025 /EINPresswire.com/ -- Digital Twins in the Oil and Gas Market Expected...

Rising Electricity Demand Drives Thermal Power Plant Market Growth to $1,820.7 Billion by 2030
Rising electricity demand, industrialization, and new power projects drive growth in the global thermal power plant market, especially in developing regions. WILMINGTON, DE, UNITED STATES, July 15, 2025 /EINPresswire.com/ -- According to a new...

Putin affirms Iran has right to use nuclear energy for peaceful purposes
(MENAFN) Russian President Vladimir Putin affirmed Iran’s right to use nuclear technology for peaceful purposes during an interview after the plenary session at the St. Petersburg International Economic Forum (SPIEF). Speaking with Nadim Koteich,...

Matthew Misner of 1st Choice Auto Repair Shares Insight on Oil Change Frequency in HelloNation Magazine
Are oil changes really just about mileage? ENDWELL, NY, UNITED STATES, July 16, 2025 /EINPresswire.com/ -- Are oil changes really just about mileage? According to Vannessa Misner of 1st Choice Auto Repair in Endwell, New York, the answer is more...

Iran detains foreign oil tanker suspected of fuel smuggling
(MENAFN) Iran has seized a foreign oil tanker suspected of smuggling over 2 million liters (approximately 528,000 gallons) of fuel, according to state media reports on Wednesday. The vessel was stopped in the Sea of Oman due to “deficiencies in...

Floating Liquefied Natural Gas (FLNG) Market Surges to $51.6 Billion as Offshore LNG Projects Expand
🌊 FLNG Market Booms with 10.8% CAGR as Offshore Gas Solutions Gain Momentum Worldwide WILMINGTON, DE, UNITED STATES, July 14, 2025 /EINPresswire.com/ -- According to a new report from Allied Market Research, the global Floating Liquefied Natural...

Drone Attacks Damage Three Oil Fields in Iraq
(MENAFN) Early Wednesday, three oil facilities located in northern Iraq were targeted by drones carrying explosives, resulting in extensive infrastructure damage but fortunately no injuries, according to the Kurdish Regional Government (KRG). The...

Explosives-Laden Drone Strikes Devastate Key Iraqi Oil Fields
(MENAFN) Early Wednesday, three oil fields in northern Iraq suffered drone attacks loaded with explosives, inflicting major damage to critical infrastructure while sparing human lives, the Kurdish Regional Government (KRG) confirmed. The KRG’s...

Explosives-Laden Drones Target Oil Field in Northern Iraq
(MENAFN) Two drones carrying explosives crashed Monday evening at the Khurmala oil field located in Erbil province within Iraq’s semi-autonomous Kurdistan region, local officials confirmed. The regional Directorate General of Counter Terrorism...

Brookfield Renewable to Increase Stake in a Strategic Portfolio of Hydro Assets
Brookfield Renewable will invest up to $1 billion and increase its equity interest in Isagen to approximately 38% As part of this transaction, QIA, an existing co-investor in Isagen, will invest approximately $500 million and increase its equity...

Pyrolysis Oil Market Growth Probability, Key Vendors and Future Scenario Up To 2031
The rise in the need for environment-friendly fuel serves as a potential opportunity for the expansion of the global pyrolysis oil market. WILMINGTON, DE, UNITED STATES, July 15, 2025 /EINPresswire.com/ -- The growing demand for sustainable and...

Malta Opposes Lower Russian Oil Price Cap
(MENAFN) Malta has expressed opposition to a proposal by the European Commission that seeks to further reduce the price ceiling on Russian oil exports, according to a news outlet, which cited sources from EU diplomatic circles. The proposal...

Technip Energies awarded a large contract for a Floating Liquefied Natural Gas unit in Africa
Technip Energies (PARIS:TE) has been awarded a large(1) contract to perform preliminary activities(2) for a Floating Liquefied Natural Gas (FLNG) unit in Africa. The contract will be effective until Sept 30, 2025. Technip Energies is a global...

U.S. Carbon Dioxide Market to Reach USD 863.6 Million by 2035, Driven by Strong Demand Across Food & Beverage, Oil & Gas
Analysis of U.S. Carbon Dioxide Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea MD, UNITED STATES, July 14, 2025 /EINPresswire.com/ -- The U.S. carbon dioxide market is...

Rising Energy Demand Fuels Power Plant Boiler Market Growth to $31.1 Billion by 2031
Rising power demand, aging plant replacements, and energy efficiency needs drive steady growth in the power plant boilers market. WILMINGTON, DE, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- According to a new report published by Allied...

Falcon Oil & Gas Ltd (“Falcon”) - Another Stellar IP60 Flow Test Result in the Beetaloo and 2025 Drilling Campaign Commences
Falcon Oil & Gas Ltd (“Falcon”) Another Stellar IP60 Flow Test Result in the Beetaloo And 2025 Drilling Campaign Commences 14 July 2025 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that Shenandoah S2-2H ST1 (“SS-2H ST1”)...

Indian city takes legal action against Swiss-located firm for oil spill
(MENAFN) The Indian state of Kerala has filed a $1.1 billion lawsuit against the Switzerland-based Mediterranean Shipping Company (MSC) following a major oil spill caused by one of its vessels sinking in the Arabian Sea, Reuters reported on...

Massive Fire Breaks Out on Crude Oil Train in India
(MENAFN) A huge fire erupted Sunday on a freight train transporting crude oil in Tamil Nadu’s southern region, authorities confirmed, with no injuries reported. The incident has led to significant disruption in rail traffic to and from Chennai,...