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Published on 16:12 GMT

Will Nigeria reach crude oil production targets?

Nigeria, Africa’s largest oil producer, is grappling with meeting its crude oil production targets, as the latest data from the Nigerian Upstream Petroleum Regulatory Commission reveals a concerning trend. Crude oil production, including condensates, …

Source: CNBC Africa - Neutral
Published on 20:43 GMT

NUPRC issues new guidelines for crude oil exports

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced new guidelines for the advanced cargo declaration regime, which aim to boost transparency, accountability, and efficiency in Nigeria’s crude oil and petroleum exports. The NUPRC, in a …

Source: Premium Times - Neutral
Published on 15:20 GMT

NUPRC says exporters must secure identification number to track crude oil, petroleum products

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has introduced new guidelines to enhance transparency, accountability, and efficiency in Nigeria’s crude oil and petroleum exports. Issued under the ‘Nigerian Upstream Petroleum Advance Cargo …

Source: The Cable - Neutral
Published on 14:58 GMT

Oil Prices Surge Past Nigeria’s 2025 Benchmark Amid Middle East Crisis

Brent crude climbed by 5.29 per cent to $77.04 per barrel, while the US West Texas Intermediate (WTI) rose by 5.28 per cent to $74.84, marking a sharp rebound in global oil markets. The surge comes in the wake of intensified regional tensions after Israel …

Source: TVC News Nigeria - Pro-Government
Published on 21:10 GMT

Nigeria imports N1.2trn crude as local output dips

BY SAM OTUONYE Amid being Africa’s largest crude oil producer, Nigeria imported crude oil worth N1.19tn in the first quarter of 2025 due to poor domestic supply to local refineries. The National Bureau of Statistics disclosed this in its latest Foreign …

Source: New National Star - Indeterminate
Published on 18:56 GMT

Nigeria’s critical minerals worth $700bn, says expert

Space-based technology can aid in mapping some of the critical solid minerals that abound in Nigeria, estimated to be worth $700 billion. Selina Hayes, Chief Executive Officer of Hayes Group International, an influential leader and investor in Africa and …

Source: The Guardian (Nigeria) - Neutral
Published on 11:30 GMT

Oil, war and the naira: Nigeria’s fragile balancing act

…As missiles fly in the Middle East, the economic shockwaves are already hitting home. …The Middle East is the world’s foremost oil-producing region and a major maritime route The global oil market has once again been thrust into turmoil, this time by the …

Source: Business Day - Neutral
Published on 08:12 GMT

Naira Loses More Ground, Nigeria’s Reserves Dip

The naira lost some ground against the dollar at the official foreign exchange window on Tuesday, reversing its brief gain from the day before—just as Nigeria’s external reserves took another dip. Figures from the Central Bank of Nigeria (CBN) revealed the …

Source: News Central TV - Indeterminate
Published on 08:29 GMT

External vulnerabilities pose risks to Nigeria’s outlook, says Afreximbank

African Export-Import Bank (Afreximbank) has projected that Nigeria’s economic growth would accelerate from 3.4 per cent in 2024 to 3.8 per cent this year, partly driven by the increased domestic production of refined petroleum products. The landmark …

Source: The Guardian (Nigeria) - Neutral
Published on 01:44 GMT

Nigeria imports N1.2tn crude as local output stumbles

Despite being Africa’s largest crude oil producer, Nigeria imported crude oil worth N1.19tn in the first quarter of 2025 due to poor domestic supply to local refineries, The PUNCH reports. The National Bureau of Statistics disclosed this in its latest …

Source: Punch - Indeterminate
Published on Jun 17, 2025

Oil price hits $77 per barrel — surpasses Nigeria’s 2025 budget benchmark

Oil prices increased on Tuesday as the ongoing Iran-Israel conflict showed no signs of resolution. Brent crude rose by 5.29 percent to $77.04 a barrel at 22.15 WAT, while US West Texas Intermediate crude increased by 5.28 percent to $74.84 a barrel. …

Source: The Cable - Neutral
Published on Jun 17, 2025

Naira losses steam against dollar as Nigeria’s reserves slide downward

The naira depreciated against the dollar at the official foreign exchange market on Tuesday, barely 24 hours after appreciation amid Nigeria’s external reserves dip. Central Bank of Nigeria exchange data showed that the naira dropped to N1,545.27 against …

Source: Daily Post - Neutral
Published on Jun 17, 2025

Dangote Refinery, Other Depot Owners Increases Petrol Price In Nigeria

Naija News reports that data from Petroleumprice.ng indicated that the price of petrol at Dangote Refinery increased to ₦840 from ₦825 as of Monday. In addition, Rainoil’s price jumped to ₦900 from ₦850 per litre. Likewise, Fynefield and Mainland adjusted …

Source: Naija News - Neutral
Published on Jun 17, 2025

Israel vs Iran: The Delicate Nigerian Angle

As tensions between Israel and Iran continue to mount, the global community watches closely, mindful of the wider implications such a conflict could have, not only on the Middle East but on far-flung regions including Africa. For Nigeria, the largest …

Source: The News Chronicle - Neutral
Published on Jun 17, 2025

Nigeria maintains dominance in Africa’s crude production with 1.544 mbpd — OPEC

The world’s leading oil corporation, the Organisation of Petroleum Exporting Countries, OPEC, said Nigeria’s crude oil output remained the topmost in Africa, with 1.544 million barrels per day (bpd) in May 2025, excluding condensate. OPEC disclosed this in …

Source: Daily Post - Neutral
Published on Jun 16, 2025

OPEC says Nigeria’s crude oil production of 1.4m largest in Africa

The Organisation of the Petroleum Exporting Countries (OPEC) says despite a decline in production, Nigeria retained its position as Africa’s largest crude oil producer in May. In its latest monthly report on Monday, the oil cartel said Nigeria’s oil …

Source: The Cable - Neutral
Published on Jun 16, 2025

Nigeria’s Crude Oil Output Falls By 33,000b/d To 1.46mbpd In May – OPEC

Share Nigeria’s crude oil production in May 2025 plunged by 33,000 barrels per day, using direct report of the Monthly Oil Market Report (MOMR) of the Organisation of Petroleum Exporting Countries (OPEC). The report for May published on Monday showed that …

Source: New Telegraph - Pending
Published on 15:58 GMT

NUPRC rolls out new guidelines for advanced cargo declaration

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the roll out of new guidelines for the advanced cargo declaration regime, a move aimed at enhancing transparency, accountability and efficiency in Nigeria’s crude oil and petroleum …

Source: Eagle Online - Neutral
Published on Jun 17, 2025

Crude becomes Nigeria’s third largest import as local refineries seek foreign oil

Nigeria spent N1.19 trillion importing crude oil in the first quarter of 2025, making it the third most imported commodity in the country during the period, according to the National Bureau of Statistics (NBS). This is despite Nigeria being Africa’s top …

Source: Nairametrics - Neutral

13 days 11:43:43

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Published on June 18, 2025 - 22:15 GMT

Heinrich Slams Trump Energy Department Budget Request and Mismanagement, Stresses Need for Affordable, Domestic Sources ...

Heinrich to Wright: “We cannot expect to maintain U.S. leadership in emerging technologies if we shortchange the offices, programs, and most importantly, people, needed to do so.” WASHINGTON — In his opening statement, U.S. Senator Martin Heinrich (D-N.M …

Distribution channels: Energy Industry
Published on June 18, 2025 - 14:21 GMT

Renewable Energy Certificate Market Witnesses Surge in Corporate Sustainability Efforts

Rising renewable energy demand and global investments in clean power sources are driving growth in the renewable energy certificates market. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published …

Distribution channels: Energy Industry, Technology ...

Published on June 18, 2025 - 17:40 GMT

Power Electronics Market Expected to Hit $71.8 Billion with a 5.8% CAGR From 2023-2033

Power electronics market was valued at $41.2 billion in 2023, and is projected to reach $71.8 billion by 2033, growing at a CAGR of 5.8% from 2024 to 2033. WILMINGTON, NEW CASTLE, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According …

Distribution channels: Automotive Industry, Electronics Industry ...
Published on June 18, 2025 - 13:00 GMT

AI-Powered Energy Market to Grow Significantly Amid Global Grid Modernization

Rising renewable energy demand boosts AI in energy, though high costs may hinder growth; carbon monitoring offers new market opportunities. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by …

Distribution channels: Energy Industry, Technology ...

Published on June 18, 2025 - 09:57 GMT

Enhanced Oil Recovery Market To Reach USD 97.65 Billion by 2032, Grow at a CAGR of 7.1% From 2025 to 2032

Enhanced Oil Recovery Market size was valued at USD 56.41 Billion in 2024 to grow at a CAGR of 7.1% from 2025 to 2032, reaching nearly USD 97.65 Billion by 2032 WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Stellar Market …

Distribution channels: Energy Industry ...
Published on June 18, 2025 - 14:21 GMT

Next-Gen Rooftop Solar PV Systems Powering the Future of Decentralized Energy

Rising solar potential, green energy goals, and government support drive growth in the rooftop solar PV market amid increasing residential construction. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on June 18, 2025 - 21:16 GMT

Ring Energy Announces Credit Facility Extension and Amendment

THE WOODLANDS, Texas, June 18, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that the borrowing base was affirmed at $585 million under its $1.0 billion senior secured credit facility (the “Credit …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 18, 2025 - 10:12 GMT

Stellar Market Research examines the growth rate of the Used Cooking Oil Market during the forecasted period 2025-2032

Used Cooking Oil Market size was valued at USD 8 Billion in 2024 and is expected to reach USD 12.46 Billion by 2032, exhibiting a CAGR of 5% SAN FRANCISCO, CA, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The Used Cooking Oil Market is projected …

Distribution channels: Food & Beverage Industry ...

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This is a listing of the world’s TV stations, radio stations, newspapers, and blogs. Last update: 06/17/2025

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Published on June 18, 2025 - 20:30 GMT

Blue Biofuels Strengthens Intellectual Property Portfolio with Issuance of New U.S. Patent

Blue Biofuels (OTCQB:BIOF) PALM BEACH GARDENS, FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Blue Biofuels is proud to announce the issuance of a new United States patent, further strengthening the company’s expanding intellectual …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on June 18, 2025 - 20:07 GMT

This Week in Construction: Top Innovations & Industry Trends – June 18, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, June 18, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 18, 2025 - 19:09 GMT

Seminole Ridge High School Senior Powers Up Career Through IEC-FECC Apprenticeship Pathway

Construction Academy Student Enrolls in IEC FL East Coast Electrical Apprenticeship Program WEST PALM BEACH, FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- A 2025 graduating senior from Seminole Ridge High School is jump-starting a …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on June 18, 2025 - 18:36 GMT

Equator Releases APS 270 W Air Purifier to Support Indoor Air Quality and Pet Owners

HOUSTON, TX, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Equator Advanced Appliances announces the availability of the APS 270 W, a compact and feature-rich air purifier designed to enhance indoor air quality in residential spaces up to …

Distribution channels: Companies, Electronics Industry ...
Published on June 18, 2025 - 17:22 GMT

Informe de MSI² sobre la defensa aérea venezolana genera impacto viral

El análisis del excomandante naval Jesús Romero ha generado un fuerte impacto con más de 69,000 impresiones en redes MIAMI, FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- El Miami Strategic Intelligence Institute (MSI²), un think tank …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on June 18, 2025 - 17:03 GMT

Needle Coke Market Competition Assessing Key Challenges and Opportunities

The growing demand for lithium-ion batteries in electric vehicles and portable electronics is fueling the need for synthetic needle coke. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research has recently …

Distribution channels: Chemical Industry, Energy Industry ...
Published on June 18, 2025 - 16:38 GMT

Green Ammonia Market: Understanding the Key Forces Driving Its Growth

A notable growth driver is the increasing use of green ammonia as an energy carrier for hydrogen. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The latest report on the green ammonia market by Allied Market Research provides …

Distribution channels: Energy Industry, World & Regional ...
Published on June 18, 2025 - 15:00 GMT

EticaAG Announces Launch of AGBESS: Expanding Public-Sector Access to Immersion-Cooled Energy Storage Solutions

AGBESS to Deliver EticaAG’s Non-Flammable Battery Storage Systems to U.S. Military, Federal, and Public-Sector Infrastructure PITTSBURGH, PA, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- EticaAG, a global leader in advanced battery energy …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on June 18, 2025 - 14:34 GMT

C&G Partners with Speakers for Schools to Deliver Financial Services Work Experience

C&G Regulatory Solutions Partners with Speakers for Schools to Deliver Financial Services Work Experience for the Next Generation of Financial Talent LONDON, UNITED KINGDOM, June 18, 2025 /⁨EINPresswire.com⁩/ -- C&G Regulatory Solutions is …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 18, 2025 - 14:21 GMT

Renewable Energy Certificate Market Witnesses Surge in Corporate Sustainability Efforts

Rising renewable energy demand and global investments in clean power sources are driving growth in the renewable energy certificates market. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published …

Distribution channels: Energy Industry, Technology ...
Published on June 18, 2025 - 14:21 GMT

Next-Gen Rooftop Solar PV Systems Powering the Future of Decentralized Energy

Rising solar potential, green energy goals, and government support drive growth in the rooftop solar PV market amid increasing residential construction. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on June 18, 2025 - 13:45 GMT

Hydrogen Fuel Cell Train Market Outlook : Riding Towards $26.41 Billion by 2035 (28.2% CAGR) | AMR

WILMINGTON, NEW CASTLE, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Hydrogen Fuel Cell Train Market by Application (Passenger Train, Freight Train, Others), by Technology (Proton …

Distribution channels: Automotive Industry, Energy Industry ...
Published on June 18, 2025 - 13:30 GMT

EHS Insight Launches Powerful AI Copilot Expansion and Productivity-Boosting Upgrades

HOUSTON, TX, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- EHS Insight, the leading provider of EHS and ESG software solutions, today announced the release of a major platform update that significantly expands the platform’s AI capabilities …

Distribution channels: Building & Construction Industry, Chemical Industry ...
Published on June 18, 2025 - 13:30 GMT

Savant Unveils Summer Release Featuring Agentic Analytics Suite, Anthropic Partnership, and Enterprise Migration Tools

New Agentic Analytics Suite™, AI Innovation, and Migration Tools Help Enterprises Choose the Best Path for Analytics Optimization SAN MATEO, CA, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Savant Labs, the leader in AI-powered analytics …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 18, 2025 - 13:18 GMT

Next-Gen Solar Tech: Perovskites Pave the Way for High-Efficiency Solar Solutions

Rising demand for efficient solar tech boosts perovskite adoption, offering high performance, low cost, and better output even in low-light conditions. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on June 18, 2025 - 13:15 GMT

Community Solar Platform Acquires Solomon Community Solar

Merger Unites Two Industry Leaders to Form the Industry's Most Experienced Provider and Set a New Standard in Community Solar Management & Subscription Services ERIE, CO, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Community Solar …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 18, 2025 - 13:00 GMT

AI-Powered Energy Market to Grow Significantly Amid Global Grid Modernization

Rising renewable energy demand boosts AI in energy, though high costs may hinder growth; carbon monitoring offers new market opportunities. WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by …

Distribution channels: Energy Industry, Technology ...
Published on June 18, 2025 - 13:00 GMT

Lynxspring Releases E2E Phase 2

A Next-Generation Operational Technology (OT) Data Management and Independent Data Layer (IDL) Platform for the Built Environment LEE'S SUMMIT, MO, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Lynxspring, Inc. (www.lynxspring.com), a …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 18, 2025 - 12:52 GMT

Power Supply Market projected to achieve a CAGR of 4.19% to reach US$15,368.851 million by 2030

The power supply market is anticipated to grow at a CAGR of 4.19% from US$12,518.123 million in 2025 to US$15,368.851 million by 2030. NEW YORK, NY, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- According to a new study published by …

Distribution channels: Energy Industry ...
Published on June 18, 2025 - 12:00 GMT

Dodge® Industrial Introduces Sidewinder™, A New Solution Reimagining Wrap Coupling Reliability

SIMPSONVILLE, SC, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Dodge Industrial, Inc., a leading manufacturer of power transmission components, announces the launch of their new Sidewinder wrap coupling. Sidewinder features patent- …

Distribution channels: Agriculture, Farming & Forestry Industry, Energy Industry ...