Waha Oil Co. proceeding with operational phases of "Meter Bank" system

Form 4 Empire Petroleum Corp For: 7 July

Form 4 Empire Petroleum Corp For: 7 July

Adopt NPA’s transparent pricing model to build public trust – CEMSE tells PURC

The Centre for Energy, Minerals and Sustainable Development (CEMSE) has called on the Public Utilities Regulatory Commission (PURC) to adopt the National Petroleum Authority's (NPA) transparent pricing framework, arguing that recent utility tariff adjustments have exposed longstanding shortcomings in transparency and accountability. In a statement issued on June 28, the energy policy think tank said PURC's decision to increase electricity tariffs by 3.49 per cent and water tariffs by 0.85 per cent for the third quarter of 2026 highlights what it described as historical weaknesses in the Commission's tariff-setting methodology. The statement follows PURC's announcement on June 22, 2026, that electricity tariffs would increase by 3.49 per cent and water tariffs by 0.85 per cent, effective July 1, 2026.

URCA unveils new gas worker licensing rules to strengthen safety and support natural gas industry

NASSAU, BAHAMAS — The Utilities Regulation and Competition Authority (URCA) has finalized a new regulatory framework governing Gas Service Workers, a move aimed at strengthening public safety, modernizing licensing standards and supporting the continued development of The Bahamas’ emerging natural gas industry. In its Statement of Results and Final Decision, published on July 3, 2026, []

Pengguna Semenanjung boleh mula beli diesel RM2.15 seliter Sabtu ini, RM2.10 pula bermula 1 Julai

PUTRAJAYA: Pengguna di Semenanjung bakal mendapat akses awal untuk memulakan transaksi pembelian diesel bersubsidi menerusi inisiatif Budi Madani pada kadar RM2.15 seliter, bermula Sabtu ini. Menteri Kewangan II, Datuk Seri Amir Hamzah Azizan berkata, pelaksanaan penuh di seluruh negara pula akan mula berkuat kuasa pada 1 Julai yang menyaksikan warganegara Malaysia yang mempunyai lesen dan ... Read more The post Pengguna Semenanjung boleh mula beli diesel RM2.15 seliter Sabtu ini, RM2.10 pula bermula 1 Julai appeared first on Utusan Malaysia.

Kenya Power to Pay 15.5 Cents per kWh in Newly Finalized Ethiopia Energy Deal

The Ethiopian Electric Utility (EEU) has formalized a landmark power supply agreement with the Kenya Power and Lighting Company (KPLC), marking a significant milestone in cross-border energy trade and regional infrastructure integration. Under the newly ratified framework, Kenya’s primary electricity distributor will purchase power from Ethiopia at a tariff 15.5 U.S. cents—per kilowatt-hour (kWh). In []

Up to one billion litres of diesel to be saved every year by MyKad subsidy plan, says finance minister II

KOTA KINABALU, June 23 — The federal government’s new MyKad-based targeted diesel subsidy system is expected...

General : ECOSS App Effective In Curbing Leakages Of Subsidised Packet Cooking Oil - Fuziah

KUALA LUMPUR, July 6 (Bernama) -- The implementation of the Cooking Oil Price Stabilisation Scheme (eCOSS) mobile application since May last year has proven effective in curbing leakages of subsidised one-kilogramme packet cooking oil, based on market supply and the low number of complaints received.

The crypto startup trying to put a barrel of oil on blockchain

Energy Substantiation wants oil suppliers to help support a digital token tied to physical crude.

Ethanol-blended petrol FAQs: Government answers key questions on price, performance, mileage and safety

Amid widespread misinformation on several platforms regarding the Ethanol Blended Petrol (EBP) Programme, the Ministry of Petroleum and Natural Gas has released a detailed set of Frequently Asked Questions (FAQs) explaining the rationale behind the policy and addressing concerns raised about ethanol-blended fuel. The development comes amid several reports claiming that E20 damages rubber components, engines, or fuel systems of vehicles. The FAQs also seek to provide evidence-based answers on issues ranging from ethanol blending targets and fuel choices to pricing.

PJM Probably Reached Record Demand Thursday

By Steve Haner, A proprietary energy industry newsletter shared with Bacon’s Rebellion reports that the PJM Interconnection regional electricity grid probably set a summer record for demand on Thursday, July 2. The old peak of 165,563 megawatts in the 13-state region was seen in 2006. The system maintained its service by activating demand reduction programs []

Extended-Stay Demand Hits a Four-Year High as Supply Pipeline Thins

Demand is up 6, occupancy is a fat 77, and the pipeline is thinning. That may be a textbook setup for pricing power.

Brega: Launch of a direct distribution center for petroleum products in Qasr Bin Ghashir

Brega / Launch / Direct Distribution Center for Petroleum Products / Qasr Bin Ghashir

EFCC begins civil service verification in Delta State

By Egufe Yafugborhi Ochuko Akuopha ASABA — The Economic and Financial Crimes Commission (EFCC) has commenced a comprehensive verification exercise in the Delta State civil service as part of efforts to review payroll and personnel records. The exercise, which began in Asaba, was disclosed on Monday by the State Head of Service, Dr. Mininim [] The post EFCC begins civil service verification in Delta State appeared first on Vanguard News.

What to Know About the Trump-Backed Freedom Fuel Network Gas Stations

Customers pump gas at a Freedom Fuel Network station in Dresher, Pennsylvania, on July 8, 2026. —Joe Lamberti—Getty Images The Trump Administration is promoting a new, privately owned “network” of gas stations that are selling fuel at prices notably below national and regional averages. “The FIRST Freedom Fuel Network gas station has LANDED in Philadelphia, []

Rs 299 auto-debit? All UPI mandates at one place

Rs 299 auto-debit? All UPI mandates at one place

BP wins technical services role on ONGC offshore fields

India’s state‑controlled Oil and Natural Gas Corporation (ONGC) and supermajor BP have signed a new technical services contract for ONGC’s fields in the Western Offshore Basin. This follows a technical service provider contract between the two for Mumbai High in February 2025. Under the new agreement, BP will serve as the technical service provider for

Operation of Baku-Tbilisi-Ceyhan Pipeline transferred from bp to SOCAR subsidiary

The Baku-Tbilisi-Ceyhan Company (BTC Co) today announced that, effective 1 July 2026, operatorship of the Baku–Tbilisi–Ceyhan (BTC) oil export pipeline will transfer from BP Exploration (Caspian Sea) Limited (bp) to SOCAR Midstream Operations LLC (SMO), a wholly owned subsidiary of SOCAR, AzerNEWS reports, citing bp.

Malaysia’s nationwide diesel subsidy gets citizens all pumped up

Malaysian consumers and small business owners have welcomed the government’s decision to introduce subsidised diesel at 2.10 ringgit (50 US cents) per litre (0.3 gallons) nationwide from July 1, although some are seeking greater clarity on fuel allocations under the MyKad-based scheme. Malaysian Tamilan Tow Truck Association president Matheva­anan Mohanaraja said the effectiveness of the initiative would ultimately depend on how much subsidised diesel each identity card holder was entitled to...

Russian deputy PM Novak instructs regions to improve efficiency of fuel distribution

Instructions have been issued to continue monitoring the price situation, the availability of petroleum products, and the status of supply chains to build a comprehensive picture for each constituent entity

U.S. April Oil Production: Another Record High

U.S. April Oil Production: Another Record High

Wirtschaftsministerin Reiche stellt Änderungen an EU-Methan-Verordnung in Aussicht

Die EU-Kommission arbeitet derzeit an Empfehlungen zur Umsetzung der Methan-Verordnung. Reiche will sich für Änderungen zugunsten der Öl- und Gaskonzerne einsetzen.

India Lifts Petrol, Diesel Sale Curbs For Commercial Buyers From July 1

From July 1, commercial users such as transport companies and industries will once again be able to buy petrol and diesel from retail outlets without any quantity limits.