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Published on 10:19 GMT

OPEC: Africa must harness its 120bn barrels of oil reserves for energy security

The Organisation of the Petroleum Exporting Countries (OPEC) has tasked Africa with unlocking its proven oil reserves of over 120 billion barrels. Haitham Al-Ghais, secretary-general of OPEC, spoke on Wednesday while delivering a keynote address titled ‘ …

Source: The Cable - Neutral
Published on 10:07 GMT

OPEC urges Africa to develop 120 billion barrels of oil reserves

The Secretary-General of the Organisation of the Petroleum Exporting Countries, Mr Haitham Al-Ghais has tasked Africa to unlock its proven oil y of over 120 billion barrels. Al-Ghais, made this known while delivering a keynote address titled “Driving …

Source: Punch - Uncategorized
Published on 13:14 GMT

Kazakhstan is taking measures to comply with OPEC+ commitments, energy minister says

Kazakhstan is taking all necessary measures to fulfil its oil production obligations under its agreement with OPEC+, its energy minister said on Wednesday. The country is ready to settle disagreements and has always been open for talks with Western oil …

Source: Zawya - Uncategorized
Published on 02:43 GMT

Unlocking Africa’s full oil potential, utmost priority for OPEC – Secretary General

…Nigeria key destination for sustainable investments – Tinubu The Secretary General of the Organization of the Petroleum Exporting Countries, Haitham Al-Ghais, has said the organization’s commitment to unlocking Africa’s full oil potential remains a top …

Source: Daily Trust - Label Pending
Published on Feb 25, 2025

OPEC Warns Africa Against Rushing Energy Transition, Urges Investments

The Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, has called on African nations to unlock the continent’s vast oil reserves—estimated at over 120 billion barrels—by attracting more investment into the …

Source: News Central TV - Uncategorized
Published on Feb 25, 2025

OPEC Chief urges Africa to unlock 120 billion barrels oil reserves and disregard “misguided policies”

The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, has urged African countries to unlock the continent’s oil reserves of over 120 billion barrels with improved investments. Al-Ghais gave the advice on …

Source: Nairametrics - Neutral
Published on Feb 25, 2025

OPEC restates commitment to unlocking Africa’s oil potential

The Secretary-General of the Organisation of the Petroleum Exporting Countries, Haitham Al-Ghais, has reaffirmed the organisation’s commitment to unlocking Africa’s full oil potential, emphasising that it remains a top priority for OPEC. Speaking during …

Source: Punch - Uncategorized
Published on 12:17 GMT

UAE's non-oil GDP expected to grow 4.5 pct in 2025: report

ABU DHABI, Feb. 26 (Xinhua) -- The non-oil GDP of the United Arab Emirates (UAE) is projected to grow by 4.5 percent in 2025, according to leading accounting firm PwC on Wednesday. Citing the data from the International Monetary Fund, the report highlights …

Source: Xinhua News Agency - Gov't Propaganda
Published on 13:33 GMT

NIES 2025: Kyari hails Tinubu’s reforms, fiscal incentives for investors

The Group Chief Executive Officer of NNPC Ltd, Mele Kyari says President Bola Tinubu’s reforms in the oil and gas sector have created a stable fiscal environment with long-term profitability. Reforms By Emmanuella Anokam The Group Chief Executive Officer …

Source: News Diary Online - Uncategorized
Published on 07:07 GMT

Weak German, US Data Depress Oil Prices

By Adedapo Adesanya Oil prices fell by 2 per cent on Tuesday on weak economic news from the US and Germany as Brent futures lost $1.76 or 2.4 per cent to settle at $73.02 per barrel and the US West Texas Intermediate (WTI) crude depreciated by $1.77 or 2.5 …

Source: BusinessPost Nigeria - Uncategorized
Published on 03:50 GMT

Oil prices fall on worries about US tariffs

NEW YORK: Oil prices fell more than 2% to a two-month low on Tuesday on negative economic news from the US and Germany, driven in part by worries about US President Donald Trump’s push for trade tariffs. Brent futures fell $1.61, or 2.25%, to $73.17 a …

Source: Business Recorder - Neutral
Published on Feb 25, 2025

Baghdad Reaffirms Full Compliance with OPEC+ Agreement

By John Lee. The Iraqi Ministry of Oil has reaffirmed its full commitment to the OPEC+ production agreement, including additional voluntary cuts and compensation for excess production. In a statemet on Monday, the Ministry will implement necessary measures …

Source: Iraq Business News - Neutral
Published on Feb 24, 2025

Can OPEC+ maintain stability without losing market share?

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and demand picture is unlikely to improve in the near future? They may well opt to again delay the crucial moment to keep prices steady, …

Source: Cyprus Mail - Uncategorized
Published on 01:13 GMT

We control 50% of Nigeria’s oil production, say local oil producers

The Independent Petroleum Group (IPPG) has applauded the federal government on the conclusion of the divestment deals by International Oil Companies (IOCs) in Nigeria, stating that it has led to a boost in activities of indigenous companies, which now …

Source: Business Day - Neutral
Published on 01:10 GMT

Oil Plummets As Tariff Concerns - And Pessimism - Suddenly Surge

But the fears seem triggered largely by sentiment, not numbers: File Image/Pixabay Weeks-old concerns about U.S. president Donald Trump's trade tariffs both enacted and proposed erupted full force on Tuesday, triggered by poor economic news from …

Source: Ship & Bunker - Neutral
Published on Feb 25, 2025

Iraq Reiterates OPEC+ Pledge Ahead of Restart of Kurdistan Oil Exports

Iraq remains fully committed to its pledges in the OPEC+ agreement as the restart of oil exports from the semi-autonomous Iraqi region of Kurdistan appears imminent. “The Iraqi oil ministry affirms its full commitment to the OPEC+ agreement,” the ministry …

Source: Oil Price - Neutral
Published on Feb 25, 2025

Oil settles higher on fresh Iran sanctions, Iraq commitment to Opec+

OIL prices settled higher on Monday as fresh US sanctions on Iran and a commitment to compensate for overproduction by Iraq added to concerns of near-term supply tightness, helping the market recover some of Friday’s steep losses. Brent crude futures …

Source: The Business Times Singapore - Neutral
Published on Feb 24, 2025

OPEC+ to Hike Oil Output as Trump Seeks Lower Prices, BofA Says

(Bloomberg) -- OPEC+ is expected to revive some curtailed crude production in April following US President Donald Trump’s appeals to the group to lower prices, said Jason Prior, Bank of America Corp.’s head of oil trading. Most Read from Bloomberg “We …

Source: Yahoo Finance - Label Pending
Published on Feb 24, 2025

Crude Oil Under Pressure as Speculators Cut Positions Amid OPEC+ Uncertainty

Oil prices are under increasing downward pressure as sentiment sours. Friday’s sell-off in US equities only added to the weakness in energy markets Energy- Speculators Trim Oil Positions Oil prices sold off heavily on Friday, with ICE Brent settling 2.68% …

Source: Investing - Neutral

05 days 07:35:42

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Published on February 26, 2025 - 20:00 GMT

Quidnet Energy Demonstrates Long-Duration Geomechanical Energy Storage at MWh Scale and Completes Accelerated Lifetime ...

HOUSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Quidnet Energy (“Quidnet”), a pioneer in long-duration energy storage solutions for delivering baseload power, announced today that the company has successfully completed demonstration and testing of its …

Distribution channels: Energy Industry, Media, Advertising & PR ...
Published on February 26, 2025 - 17:44 GMT

Haffner Energy successfully commissioned its hydrogen-from-biomass production unit in Marolles, France

In a breakthrough for the hydrogen industry, Haffner Energy successfully launched continuous hydrogen production from biomass, with its proprietary technology VITRY-LE-FRANçOIS, FRANCE, February 26, 2025 /⁨EINPresswire.com⁩/ -- • Commissioning of the …

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

Published on February 26, 2025 - 12:05 GMT

Frequency Converter Market Expected to reach USD 60.60 Billion By 2032 Driven by Automation and Electrification Trends

The Frequency Converter Market is expanding with demand for energy-efficient motor control in industrial, aerospace, and renewable energy applications. AUSTIN, TX, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- Market Size & Industry …

Distribution channels: Electronics Industry ...
Published on February 26, 2025 - 04:41 GMT

Global Molten Salt Thermal Energy Storage Market Forecast: Key Growth Drivers, Trends And Opportunities From 2025 - 2034

The Business Research Company's Molten Salt Thermal Energy Storage Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, February 26, 2025 /⁨EINPresswire.com⁩/ -- Updated 2025 …

Distribution channels: Business & Economy, Companies ...

Published on February 26, 2025 - 10:18 GMT

Hughes Leverages hiSky solution to Deliver Connectivity for An Energy Customer in Brazil

Solution will support monitoring requirements at 400 Solar Energy Sites GERMANTOWN, MD, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- Hughes Network Systems, an EchoStar company (Nasdaq: SATS), today announced it is providing remote …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on February 26, 2025 - 11:50 GMT

Brazilian Olive Oil Imports Approved to Ease Morocco’s Supply Crisis

Morocco imports Brazilian olive oil to tackle shortages caused by drought, boosting trade ties between the two nations. LONDON, UNITED KINGDOM, February 26, 2025 /⁨EINPresswire.com⁩/ -- In response to a devastating drought that has severely …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on February 26, 2025 - 13:30 GMT

Turbo Energy Unveils SUNBOX Home Lite, the Next Generation in AI-Optimized, All-In-One Solar Energy Storage Solution ...

VALENCIA, Spain, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ:TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today proudly announced official market …

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Published on February 26, 2025 - 12:43 GMT

Combined Heat and Power (CHP) Market to reach US$38.433 billion , as Demand for Sustainable Energy Solutions Increases

The combined heat and power (CHP) market is anticipated to grow at a CAGR of 11.21% from US$22.590 billion in 2025 to US$38.433 billion by 2030. NEW YORK, NY, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- As per a new study published by …

Distribution channels: Energy Industry ...

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Published on February 26, 2025 - 18:16 GMT

Methanol Institute Welcomes the European Commission’s Clean Industrial Deal

BRUSSELS, BELGIUM, February 26, 2025 /⁨EINPresswire.com⁩/ -- Today, the European Commission unveiled the much-anticipated Clean Industrial Deal, including the Clean Industrial Deal Communication, the Affordable Energy Action Plan, and the Omnibus …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on February 26, 2025 - 17:44 GMT

Haffner Energy successfully commissioned its hydrogen-from-biomass production unit in Marolles, France

In a breakthrough for the hydrogen industry, Haffner Energy successfully launched continuous hydrogen production from biomass, with its proprietary technology VITRY-LE-FRANçOIS, FRANCE, February 26, 2025 /⁨EINPresswire.com⁩/ -- • Commissioning of the …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on February 26, 2025 - 17:38 GMT

Needle Coke Market: Exploring Rapid Growth and Emerging Trends 2031

The increasing preference for super premium grade needle coke, attributed to its low sulfur content and excellent intrinsic properties such as low puffing rate, WILMINGTON, DE, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- The …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on February 26, 2025 - 17:00 GMT

Logic20/20 celebrates Logic Values Award and Volunteer of the Year Award winners

Kimberly Smith and Alexander Johnson win $10,000 vacations, while Jaysa Duffin will donate her award money to the Community Animal Resource & Education Society SEATTLE, WA, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- Logic20/20, a leading …

Distribution channels: Business & Economy, Companies ...
Published on February 26, 2025 - 16:40 GMT

UAMCO MRO selected Pentagon2000 ERP as their system of choice.

UAMCO MRO received its First CFM LEAP Engine from GE Aerospace and required a world-class ERP system to ensure excellence of service. NEW YORK, NY, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- United Aerospace Maintenance Company ( …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on February 26, 2025 - 16:39 GMT

Teach the Future at SXSW EDU: Empowering Youth & Equipping Educators with Futures Thinking

Teach the Future at SXSW EDU: Educator session and Nigerian youth for Student Impact Final Competition AUSTIN, TX, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- Teach the Future is bringing the power of futures literacy to SXSW EDU …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on February 26, 2025 - 16:09 GMT

Johnson Matthey invests in cutting-edge catalyst testing to drive FCC additives innovation

LONDON, FOREIGN, UNITED KINGDOM, February 26, 2025 /⁨EINPresswire.com⁩/ -- • Johnson Matthey unveils its state-of-the-art Advanced Cracking Evaluation (ACE) units and peripheral equipment purchased from Kayser Technology Inc (KTI) in 2024. • …

Distribution channels: Automotive Industry, Companies ...
Published on February 26, 2025 - 15:30 GMT

U.S. Farmers & Ranchers in Action elects five new board members

PARK RIDGE, ILLINOIS, WI, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- U.S. Farmers & Ranchers in Action (USFRA), a farmer-led organization with membership including hundreds of thousands of farmers and ranchers as well as leading …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on February 26, 2025 - 14:28 GMT

Sabanto CEO Craig Rupp Views Tariff Challenges as Catalyst for AgTech Innovation

ITASCA, IL, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- As the U.S. agricultural sector navigates new tariffs, Sabanto, a leader in autonomous farming technology, remains optimistic about the future of AgTech. Craig Rupp, Founder and …

Distribution channels: Agriculture, Farming & Forestry Industry, Conferences & Trade Fairs ...
Published on February 26, 2025 - 14:00 GMT

Anker SOLIX Launches F3800 Plus Portable Power Station: Enhanced Model Provides Whole-Home Backup Power in North America

New model offers 30% increased solar input efficiency and enhanced generator compatibility to meet critical power needs during outages BELLEVUE, WA, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- Anker SOLIX, a global leader in power …

Distribution channels: Consumer Goods, Energy Industry ...
Published on February 26, 2025 - 14:00 GMT

Polysense Expands iEdge4.0 powered SW-defined Sensors Portfolio with New Ultrasonic and mmWave Radar Ranging Products

Expanded portfolio bridges the gap between cost-efficiency and mission-critical reliability across smart infrastructure and industrial automation SANTA CLARA, CA, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- Polysense Technologies Inc …

Distribution channels: Chemical Industry, Energy Industry ...
Published on February 26, 2025 - 12:45 GMT

Carbon Footprint Management Market Is Booming Worldwide 2025-2032 | Ecova, Enablon ,Greenstone+

CA, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- Carbon Footprint Management Market Trends Overview 2025-2032: A new Report by Coherent Market Insights, titled "Carbon Footprint Management Market: Industry Trends, Share, Size, …

Distribution channels: Energy Industry ...
Published on February 26, 2025 - 12:45 GMT

Avvenire x Akio.one: Next-Gen Electric Vehicles Enter the Akio Universe

Avvenire and Akio.one unite to revolutionize mobility, bringing next-gen electric vehicles into gaming, animation, and AI-driven experiences. TORONTO, ONTARIO, CANADA, February 26, 2025 /⁨EINPresswire.com⁩/ -- For years, the crypto world has asked …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on February 26, 2025 - 12:44 GMT

Sparta Secures $42M Series B led by One Peak to Transform Commodity Trading with AI-Powered Insights and Collaboration

GENEVA, SWITZERLAND, February 26, 2025 /⁨EINPresswire.com⁩/ -- Sparta, a market-leading provider of real-time intelligence for commodity traders, has secured $42 million in Series B funding led by One Peak, with continued backing from Singular and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 26, 2025 - 12:43 GMT

Combined Heat and Power (CHP) Market to reach US$38.433 billion , as Demand for Sustainable Energy Solutions Increases

The combined heat and power (CHP) market is anticipated to grow at a CAGR of 11.21% from US$22.590 billion in 2025 to US$38.433 billion by 2030. NEW YORK, NY, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- As per a new study published by …

Distribution channels: Energy Industry ...
Published on February 26, 2025 - 12:24 GMT

PSC Opens New Office in Edinburgh, Strengthening Presence in Scotland’s Growing Energy Sector

EDINBURGH, SCOTLAND, February 26, 2025 /⁨EINPresswire.com⁩/ -- PSC, a leading consultancy to the electricity industry, is excited to announce the opening of its new office in Edinburgh. This expansion is part of PSC’s continued growth strategy to …

Distribution channels: Business & Economy, Companies ...
Published on February 26, 2025 - 12:07 GMT

Instagrid hopes to power a cleaner future for mobile work worldwide

Instagrid has developed high-performance portable power supplies that provide fume-free, silent alternatives to harmful gas-powered combustion generators. LUDWIGSBURG, GERMANY, February 26, 2025 /⁨EINPresswire.com⁩/ -- The fossil-fuel-powered …

Distribution channels: Business & Economy, Companies ...
Published on February 26, 2025 - 12:00 GMT

Abest Green Power Goes Live with VertexOne Billing, CIS, and EDI Software

DALLAS, TX, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- VertexOne, a leading provider of cloud software designed to revolutionize the customer experience within the energy and utility industry, announced today that Abest Green Power, a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 26, 2025 - 11:00 GMT

Utility Fleet Professionals to Gather in Columbus, OH

NiSource/Columbia Gas of Ohio hosts the MEA Transportation & Fleet Roundtable this April. BLOOMINGTON, MN, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- Utility fleet professionals from the Midwest will come together April 8-10 …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on February 26, 2025 - 10:24 GMT

North America Utility Stringing Block Market Poised for Growth Amid Infrastructure Expansion and Renewable Energy Boom

The North American utility stringing block market is set for significant growth between 2025 and 2030. LOS ANGELES, CA, UNITED STATES, February 26, 2025 /⁨EINPresswire.com⁩/ -- The North American utility stringing block market is set for …

Distribution channels: Building & Construction Industry, Business & Economy ...