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Published on Nov 29, 2024

The £15bn mega-project by Africa's richest man that's set to create thousands of jobs

Africa's wealthiest man, Aliko Dangote, has built a colossal oil refinery in the Ibeju Lekki district, on the outskirts of Lagos, Nigeria. The Dangote Oil Refinery, with a capacity to process 650,000 barrels of crude oil daily, is set to be one of the …

Source: Daily Express - Right-wing
Published on Nov 29, 2024

Fisayo Soyombo’s arrest attempt to hide Navy involvement in crude oil theft – Adeyanju

Activist lawyer, Deji Adeyanju, on Friday condemned the statement by the Nigerian Army regarding the arrest of investigative journalist, Fisayo Soyombo in Port Harcourt, Rivers State. Adeyanju said the remark by the Nigerian Army regarding Soyombo’s arrest …

Source: Daily Post - Neutral
Published on 02:43 GMT

Nigeria’s Debt Addiction: Sinking Further Into Reckless Borrowing

Femi Akintunde-Johnson Indenting into Nigeria’s economic trajectory over the past nine years reveals a bewildering conundrum: how can a country so rich in natural and human resources constantly find itself ensnared in a debt trap? The answer lies not in …

Source: This Day - Pro-Government
Published on Nov 29, 2024

Port Harcourt Refinery: Energy Security Coalition demands new entrants into crude oil refining business

The Energy Security Coalition (ESC) has urged petroleum sector stakeholders to encourage “new entrants” into the oil and gas refining business for the benefit of Nigerians. The Coalition’s convener, Barrister Frank Tietie, in a press statement on Thursday, …

Source: Nairametrics - Neutral
Published on 00:12 GMT

Libya Sets New Oil Production Record

Libya’s National Oil Corporation (NOC) said it has hit a new production high, pumping 1,386,030 barrels of crude oil and condensate daily, along with 203,017 barrels of gas equivalent (boe). That brings Libya’s total production to 1,589,047 barrels per day …

Source: Oil Price - Neutral
Published on Nov 29, 2024

Security, Emancipation, and Hope: Africa and the Middle East Address Turmoil

The Red Sea, between Africa and Asia, plays an essential role in international trade and oil transport. Any disruption or closure due to intensifying conflict in the Middle East would have immediate repercussions for the economies of many African states. …

Source: Valdai Discussion Club - Gov't Propaganda
Published on Nov 29, 2024

Ranked: 5 African countries with the highest number of refineries

The continent's lack functional refineries has resulted in a heavy reliance on imported refined petroleum products, costing Africa billions of dollars annually and significantly impacting its economies. Currently, the combined oil production capacity …

Source: Business Insider Africa - Neutral
Published on Nov 29, 2024

Nigerian govt grants licence for 27,000 bpd refinery in Gombe

The Nigerian government has issued a licence to Process Design and Development Limited for the establishment of a 27,000 barrels per day (bpd) refinery in Dole-Wure, Akko, Gombe State. The Nigerian Midstream and Downstream Petroleum Regulatory Authority ( …

Source: Premium Times - Neutral
Published on Nov 29, 2024

Lack Of Transparency, Accountability Persists In Nigeria’s Oil Industry- NNPCL

Yemisi Izuora The Nigerian National Petroleum Company Limited (NNPC) has identified poor corporate governance, transparency, and efficiency as affecting operations in Nigeria’s oil and gas industry. Corporate governance challenges in Nigeria’s oil sector …

Source: Oriental News Nigeria - Neutral
Published on Nov 29, 2024

Here are the top ten fastest-growing business activities in Nigeria

In the third quarter of 2024, Nigeria’s economy expanded by 3.46% year-on-year, an improvement from the 3.19% growth recorded in the second quarter. The services sector emerged as the primary driver of growth, posting a 5.19% increase and boosting its …

Source: Business Day - Neutral
Published on Nov 29, 2024

France's Macron hosts Nigeria's Tinubu for talks in Paris

Nigeria's President Bola Tinubu arrived in France on Thursday for a two-day state visit, with both sides looking to deepen their economic and diplomatic ties. It is the first official state visit to Paris by a Nigerian leader in over two decades. …

Source: Deutsche Welle - Public Broadcaster
Published on Nov 29, 2024

What revitalisation of Port Harcourt Refinery means for Nigeria – NSE

By Rukayat Adeyemi The Nigerian Society of Engineers (NSE) has said revitalisation of the Port Harcourt Refinery marked a pivotal step towards enhancing Nigeria’s energy security and economic growth. NSE, in a statement by its president, Mrs Margaret Aina …

Source: PM News - Uncategorized
Published on Nov 29, 2024

South Africa’s producer prices dip as inflation shows signs of stabilisation

South Africa’s producer prices recorded a year-on-year decline of 0.7% in October, marking the country's lowest producer price index (PPI) reading to date. This downturn follows a 1% increase in September, providing an unexpected relief for economists …

Source: IOL - Uncategorized
Published on 04:06 GMT

Petrol Retailers: NNPC Has Reduced Ex-depot Fuel Price to N1,030/Litre

•Insists competition will lead to fall in prices of products •National oil company declares no bulk sales yet Emmanuel Addeh in Abuja The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) yesterday disclosed that the Nigerian …

Source: This Day - Pro-Government
Published on Nov 29, 2024

African refiners hail reopening of P’Harcourt plant

The African Refinery Group has congratulated the Nigerian National Petroleum Company Limited for the restoration of production and resumption of crude oil processing at the Port Harcourt Refinery Company. It said the reopening, which took place on November …

Source: Punch - Uncategorized
Published on Nov 28, 2024

Top 10 agriculture exports from Nigeria Q2 2024

The top ten agricultural exports from Nigeria in the second quarter of the year totalled N940.26 billion, accounting for 96.57% of the country’s overall agricultural export value. Nigeria’s agricultural export sector showed mixed trends in Q2 2024, with a …

Source: Nairametrics - Neutral
Published on Nov 27, 2024

Group Tackles NNPC Over Crude Oil Processing Claim At Port Harcourt Refinery

November 27, (THEWILL) – A civil society group, Concerned Citizens of Nigeria, has raised concerns over the announcement by the Nigerian National Petroleum Company (NNPCL) Ltd that the Port Harcourt Refinery has commenced processing of crude oil. The …

Source: The Will - Neutral
Published on 04:37 GMT

Traders Ignore Ceasefire Violations As Oil Incurs More Daily, Weekly Losses

Meanwhile, concern over Trump tariffs continues to diminish: File Image/Pixabay Diminishing concern of supply risks – which was driven by the assumption the Middle East ceasefire would endure – was said to have driven oil trading for the bulk of the …

Source: Ship & Bunker - Neutral
Published on Nov 27, 2024

Nigeria records 79% reduction in crude oil theft, 15% decline in revenue – NEITI

Nigeria recorded 79 per cent reduction in crude oil theft, 15% decline in oil and gas revenue as well as 8% decrease in production volumes between 2022 and 2023 with the reserve-replacement ratio steadily declining, the Nigeria Extractive Industries …

Source: Daily Trust - Label Pending

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Published on November 29, 2024 - 16:58 GMT

Registering 45.8% of CAGR | The Global Wireless Electric Vehicle Charging Market Size Reach USD 701.38 Million by 2030

Higher adoption from OEMs is anticipated to boost the wireless electric vehicle charging market. WILMINGTON, DE, UNITED STATES, November 29, 2024 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market Research, Registering 45. …

Distribution channels: Automotive Industry, Companies ...
Published on November 29, 2024 - 11:37 GMT

Burckhardt Compression wins major order for LNG Terminal in Germany, supporting energy security and transition

WINTERTHUR, SWITZERLAND, November 29, 2024 /⁨EINPresswire.com⁩/ -- Burckhardt Compression, a leader in reciprocating compressors, has been selected to supply critical Boil-off Gas (BOG) and Pipeline injection compressors (MSO) for a new LNG …

Distribution channels: Business & Economy, Energy Industry ...

Published on November 29, 2024 - 10:34 GMT

International Olive Oil Prices Set to Plummet in 2025, Providing Relief to Consumers Worldwide

Olive oil prices will fall in 2025 due to better harvests and lower costs, benefiting consumers and the food industry globally. LONDON, UNITED KINGDOM, November 29, 2024 /⁨EINPresswire.com⁩/ -- The global olive oil market is poised for a …

Distribution channels: Business & Economy, Consumer Goods ...
Published on November 29, 2024 - 09:43 GMT

Green Hydrogen Market Overview: Unlocking the Potential of Renewable Energy

Global Green Hydrogen Market projected to grow at a CAGR of 50.3% in the 2023-2032 WILMINGTON, DE, UNITED STATES, November 29, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research recently published a report on the green hydrogen market which …

Distribution channels: Energy Industry, Environment ...

Published on November 29, 2024 - 05:43 GMT

Nexif Ratch Energy and Vietnam’s Khanh Hoa Province Sign Memorandum of Understanding for Development of a 102MW Wind ...

KHANH HOA, Vietnam, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Nexif Ratch Energy has signed a Memorandum of Understanding (MoU) with the Khanh Hoa Department of Planning and Investment to collaborate for the development of the 102MW Nexif Energy Khanh Hoa 1 Wind …

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Published on November 29, 2024 - 05:33 GMT

EVA Solar Films Market Size, Share, Growth, and Analysis: 2023-2032

EVA Solar Films Market Size Worth $7.8 Billion by 2032 | CAGR: 9.5%: AMR PORTLAND, OR, UNITED STATES, November 29, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research has recently published a report, titled, “EVA Solar Films Market Size, Share, …

Distribution channels: Chemical Industry, Energy Industry ...
Published on November 29, 2024 - 03:00 GMT

Global Electrical And Electronics Ceramics Market Forecast To Reach $13.27 Billion By 2024 and Grow at a CAGR of 6.9%

The Business Research Company's Electrical And Electronics Ceramics Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 LONDON, GREATER LONDON, UNITED KINGDOM, November 29, 2024 /⁨EINPresswire.com⁩/ -- The Business …

Distribution channels: Automotive Industry, Business & Economy ...
Published on November 29, 2024 - 03:00 GMT

Electrolytic Capacitor Global Market Report 2024: Market Size To Reach $9.5 Billion By 2028

The Business Research Company's Electrolytic Capacitor Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 LONDON, GREATER LONDON, UNITED KINGDOM, November 29, 2024 /⁨EINPresswire.com⁩/ -- The Business Research …

Distribution channels: Automotive Industry, Business & Economy ...

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Published on November 30, 2024 - 01:00 GMT

¿Cómo prepararse para el gran apagón de Ecuador con los generadores solares de Bluetti?

QUITOR, PICHINCHA, ECUADOR, November 29, 2024 /⁨EINPresswire.com⁩/ -- En Ecuador, los frecuentes apagones están afectando la vida diaria de miles de hogares y negocios. La escasez de electricidad y los fallos en el sistema energético del país han …

Distribution channels: Energy Industry, Environment ...
Published on November 29, 2024 - 17:15 GMT

Environmental Testing Equipment Global Market Report 2024: Market Size To Grow At A CAGR Of 8.9%

The Business Research Company's Environmental Testing Equipment Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 LANDON, GREATER LANDON, UNITED KINGDOM, November 29, 2024 /⁨EINPresswire.com⁩/ -- The Business …

Distribution channels: Energy Industry, Environment ...
Published on November 29, 2024 - 14:34 GMT

Revolutionary Wireless Energy Harvesting Technology Demonstrated at the University of Kashmir

Live presentation: INFRGY’s technology converts radio frequencies into usable electricity LOS ANGELES, CA, UNITED STATES, November 29, 2024 /⁨EINPresswire.com⁩/ -- INFRGY LLC’s wireless energy technologies were demonstrated at the University of …

Distribution channels: Electronics Industry, Energy Industry ...
Published on November 30, 2024 - 01:59 GMT

Canadian Spirit Resources Inc. Announces First Quarter September 30, 2024 Filings

CALGARY, Alberta, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSXV:SPI) (OTCBB:CSPUF) announces the release of its unaudited interim first quarter financial statements (the " …

Distribution channels: Business & Economy, Energy Industry ...
Published on November 29, 2024 - 13:00 GMT

Drone Inspection And Monitoring Global Market Forecast to Reach $27.51 Billion by 2028 with 18.6% Annual Growth

Drone Inspection And Monitoring Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 LONDON, GREATER LONDON, UNITED KINGDOM, November 29, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Early Year-End Sale! …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on November 29, 2024 - 13:00 GMT

Pacific Islands and the Climate Crisis: Challenges, Injustices, and Pathways Forward

LONDON, UNITED KINGDOM, November 29, 2024 /⁨EINPresswire.com⁩/ -- The Pacific Islands, some of the most vulnerable regions to climate change, have once again found themselves overlooked on the global stage. As COP29 concluded in Baku, Azerbaijan, …

Distribution channels: Culture, Society & Lifestyle, Energy Industry ...
Published on November 29, 2024 - 12:13 GMT

Power Distribution Component Market estimated to reach US$ 170.134 billion by 2030 at a CAGR of 5.84%

The global power distribution component market is expected to grow at a CAGR of 5.84%, reaching a market size of US$170.134 billion in 2030. NOIDA, UTTAR PRADESH, INDIA, November 29, 2024 /⁨EINPresswire.com⁩/ -- According to a new study published …

Distribution channels: Energy Industry ...
Published on November 30, 2024 - 00:08 GMT

BCUC Completes Stage 2 of Generic Cost of Capital Proceeding

VANCOUVER, British Columbia, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Today, the British Columbia Utilities Commission (BCUC) completed Stage 2 of its Generic Cost of Capital proceeding, which set the allowed return for public utilities regulated by the BCUC. The …

Distribution channels: Energy Industry ...
Published on November 29, 2024 - 11:37 GMT

Burckhardt Compression wins major order for LNG Terminal in Germany, supporting energy security and transition

WINTERTHUR, SWITZERLAND, November 29, 2024 /⁨EINPresswire.com⁩/ -- Burckhardt Compression, a leader in reciprocating compressors, has been selected to supply critical Boil-off Gas (BOG) and Pipeline injection compressors (MSO) for a new LNG …

Distribution channels: Business & Economy, Energy Industry ...
Published on November 29, 2024 - 10:30 GMT

Distributed Fiber Optic Sensor Global Market Report 2024: Market Size To Reach $1.86 Billion By 2028

The Business Research Company’s Distributed Fiber Optic Sensor Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033 LONDON, GREATER LONDON, UNITED KINGDOM, November 29, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’ …

Distribution channels: Business & Economy, Electronics Industry ...
Published on November 29, 2024 - 10:30 GMT

The District Heating Global Market Report 2024: An Evaluation of Growth Drivers, Key Players, And Future Opportunities

The Business Research Company’s District Heating Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033 LONDON, GREATER LONDON, UNITED KINGDOM, November 29, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Early Year- …

Distribution channels: Business & Economy, Chemical Industry ...
Published on November 29, 2024 - 09:43 GMT

Green Hydrogen Market Overview: Unlocking the Potential of Renewable Energy

Global Green Hydrogen Market projected to grow at a CAGR of 50.3% in the 2023-2032 WILMINGTON, DE, UNITED STATES, November 29, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research recently published a report on the green hydrogen market which …

Distribution channels: Energy Industry, Environment ...
Published on November 29, 2024 - 08:37 GMT

Freen OÜ Advances Vertical Axis Wind Turbines (VAWT) to Power Sustainable Cities and Communities

Freen OÜ is transforming urban and rural landscapes with its cutting-edge Vertical Axis Wind Turbines (VAWT) KOHTLA-JäRVE, IDA-VIRUMAA, ESTONIA, November 29, 2024 /⁨EINPresswire.com⁩/ -- Freen OÜ, an Estonia-based manufacturer of small wind …

Distribution channels: Companies, Energy Industry ...
Published on November 29, 2024 - 07:43 GMT

Air Circuit Breaker Market Estimation Worth $3 Billion by 2032

Global Air Circuit Breaker Market projected to grow at a CAGR of 5.6% from 2023 to 2032 WILMINGTON, DE, UNITED STATES, November 29, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the air circuit …

Distribution channels: Electronics Industry, Energy Industry ...
Published on November 29, 2024 - 07:00 GMT

Industrial Heat Pump Market Expected to Target $19.3 Billion by 2033

Global Industrial Heat Pump Market projected to grow at a CAGR of 7.4% from 2024 to 2033 WILMINGTON, DE, UNITED STATES, November 29, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the industrial …

Distribution channels: Business & Economy, Energy Industry ...
Published on November 29, 2024 - 05:33 GMT

EVA Solar Films Market Size, Share, Growth, and Analysis: 2023-2032

EVA Solar Films Market Size Worth $7.8 Billion by 2032 | CAGR: 9.5%: AMR PORTLAND, OR, UNITED STATES, November 29, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research has recently published a report, titled, “EVA Solar Films Market Size, Share, …

Distribution channels: Chemical Industry, Energy Industry ...
Published on November 29, 2024 - 13:35 GMT

E2E Energy Solutions Secures Canadian and US Patents for Groundbreaking Geothermal Technology

CALGARY, Alberta, Nov. 29, 2024 (GLOBE NEWSWIRE) -- E2E Energy Solutions Inc (E2E), a leader in innovative geothermal energy technology, is proud to announce the successful granting of patents for its Enhanced Geothermal Reservoir Recovery System (EGRRS) …

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Published on November 28, 2024 - 22:34 GMT

Restiv Technology Partners with PCI Security Standards Council to Secure Global Payment Data

RESTIV joins PCI Security Standards Council as an Associate Member, advancing global payment data security with innovation and transparency. CALGARY, ALBERTA, CANADA, November 28, 2024 /⁨EINPresswire.com⁩/ -- RESTIV is proud to join the PCI …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on November 29, 2024 - 07:00 GMT

Ignoring plastic health impact “delusional”, say leading health scientists

Scientists, NGOs like Plastic Soup Foundation, and insurers unite behind demands for robust UN Treaty during final negotiations New research finds financial valuation models fail to recognise the true risk of plastic pollution Leading health scientist …

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Published on November 29, 2024 - 07:00 GMT

Negeren van impact van plastic op onze gezondheid is "misleidend", zeggen gezondheidswetenschappers

Wetenschappers, NGO’s- waaronder Plastic Soup Foundation - en verzekeraars verenigen zich achter eisen voor een robuust VN- Plastic Verdrag tijdens laatste onderhandelingsronde Nieuw onderzoek toont aan dat de huidige financiële waarderingsmodellen het …

Distribution channels: Culture, Society & Lifestyle, Energy Industry ...