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Published on Dec 4, 2024

Climate change: Nigeria will not stop fossil fuel production soon

The Federal Government has stated that Nigeria will not halt fossil fuel production anytime soon, despite global advocacy for energy transition in response to climate change. Senator Heineken Lokpobiri, the Minister of State for Petroleum (Oil), made this …

Source: Zawya - Uncategorized
Published on Dec 4, 2024

Energy Transition: Nigeria to focus on Africa for its oil, says Minister

Nigeria is to harness its oil reserves and pursue its plans to increase oil output to fill the ”yawning gap” in Africa. By Nathan Nwakamma Nigeria is to harness its oil reserves and pursue its plans to increase oil output to fill the ”yawning gap” in …

Source: News Diary Online - Uncategorized
Published on Dec 4, 2024

Why Port Harcourt Refinery can’t bring down prices of petroleum products – PENGASSAN

strong>By Joan Nwagwu The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said the impact of the newly revamped Port Harcourt Refinery on fuel prices will remain limited due to the devaluation of the naira. Mr Festus Osifo, …

Source: PM News - Uncategorized
Published on Dec 3, 2024

Cooking Gas Costs Soar Amid An Export Embargo

The price of cooking gas, also known as liquefied petroleum gas (LPG), has been rising all over Nigeria even after the federal government recently banned exports in an effort to stabilize the domestic supply. With prices rising by more than 45.8% in some …

Source: The News Chronicle - Neutral
Published on Dec 3, 2024

P’Harcourt refinery won’t reduce petrol price, says PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is functioning and is currently producing various refined petroleum products, including …

Source: Punch - Uncategorized
Published on Dec 3, 2024

Nigeria’s radical idea for car owners facing soaring petrol prices

This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Welcome …

Source: The Financial Times - Neutral
Published on Dec 3, 2024

Port Harcourt refinery functional, petrol price unlikely to reduce – PENGASSAN

Pushes for NLNG model in refinery management Advocates expansion of tax waiver wage bracket From Adanna Nnamani, Abuja The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt Refinery has …

Source: The Sun Nigeria - Uncategorized
Published on Dec 3, 2024

Why Nigeria will continue to produce fossil fuels – Lokpobiri

In spite of the ongoing global energy transition from fossil fuels to renewable energy, Nigeria will continue to produce fossil fuels, the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has stated. Lokpobiri who made the assertion on …

Source: Punch - Uncategorized
Published on Dec 4, 2024

PENGASSAN Port Harcourt refinery has resumed production

The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt Refinery has resumed production. Festus Osifo, President of PENGASSAN, disclosed this while addressing newsmen at the end of their National Executive …

Source: Eagle Online - Neutral
Published on Dec 3, 2024

P’Harcourt refinery working, but won’t reduce petrol price — PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is operational and currently producing various refined petroleum products, including …

Source: Punch - Uncategorized
Published on Dec 4, 2024

Port Harcourt Refinery Resumes Production, Says PENGASSAN

Posted by African Examiner Featured, Latest Headlines, News Across Nigeria Wednesday, December 4th, 2024 (AFRICAN EXAMINER) – The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt Refinery has …

Source: African Examiner - Neutral
Published on Dec 3, 2024

Cooking gas prices surge despite export freeze

The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has continued to surge across Nigeria despite the federal government’s recent export ban aimed at stabilising domestic supply. Consumers nationwide are reeling from the surge, with …

Source: Business Day - Neutral
Published on Dec 4, 2024

Trump Proceeds with Sweeping Energy Reforms for ‘Dominance’ Goal

President-elect Donald Trump is unveiling a wide-ranging energy strategy designed to transform the US into a global leader in fossil fuel exports. Central to this vision are plans to accelerate liquefied natural gas (LNG) exports, expand oil drilling on …

Source: Energy, Oil & Gas magazine - Florida - Label Pending
Published on Dec 4, 2024

Senate Passes 2025-27 MTEF-FSP, Probes NNPCL Over N11.54tn Subsidy Funds, Unremitted Taxes

Sunday Aborisade in Abuja The Senate yesterday passed the 2025-2027 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The essence of MTEF-FSP is to provide a comprehensive, multi-year plan for government spending, outlining revenue …

Source: This Day - Pro-Government
Published on Dec 2, 2024

Why Nigeria Must Move Beyond The Military Legacies Of Gowon, Abacha, And Ob

This revelation by General Yakubu Gowon, recounting his plea for Olusegun Obasanjo’s life during the dark days of Sani Abacha’s regime, opens a window into a critical and deeply troubling chapter in Nigeria’s history. It reflects a moment of diplomacy …

Source: The Nigerian Voice - Uncategorized
Published on Dec 4, 2024

Port Harcourt Refinery resumes production – PENGASSAN confirms

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed the resumption of production at the Port Harcourt Refinery. Festus Osifo, President of PENGASSAN, made the announcement while addressing newsmen at the conclusion …

Source: Nairametrics - Neutral
Published on Dec 3, 2024

Senate Passes 2025-27 MTEF/FSP, Probes NNPCL Over N11.54tn Subsidy Funds, Unpaid Taxes

Sunday Aborisade in Abuja The Senate Tuesday passed the 2025 – 2027 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The essence of the MTEF-FSP (Medium Term Expenditure Framework and Fiscal Strategy Paper) is to provide a …

Source: This Day - Pro-Government
Published on Dec 4, 2024

PENGASSAN Confirms Port Harcourt Refinery Operational Amid Controversy Over Missing Reformer Unit

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has added its voice to the controversy surrounding the functionality of the 60,000 bpd old Port Harcourt refinery, confirming that the facility is functional, but currently lacks …

Source: Arise News - Neutral
Published on Dec 3, 2024

Senate probes N8.4t withheld subsidy fund by NNPCL, passes MEET/FSP

The Senate has resolved to investigate allegations of withheld funds by the Nigerian National Petroleum Company Limited, including NGN 8.48 trillion in petrol subsidies, and $2 billion (NGN 3.6 trillion) in unpaid taxes. This is even as the Senate passed …

Source: Eagle Online - Neutral

28 days 09:51:47

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Published on December 4, 2024 - 12:14 GMT

Distributed Energy Resource Management System Market Growth Driven by Renewables, Smart Grids, and Tech, Led by Solar PV

The DERMS market is expanding rapidly due to increased renewable energy adoption, smart grid integration, and advancements in IoT and analytics. AUSTIN, TX, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Distributed Energy Resource …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 08:04 GMT

Energy Transition Market Estimation to Hit $5.6 trillion by 2031

Global Energy Transition Market projected to grow at a CAGR of 9.3% from 2022 to 2031 WILMINGTON, DE, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, The global energy …

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

Published on December 4, 2024 - 08:29 GMT

Solar Concentrator Market Estimate to Hit $24.6 Billion by 2031

Global Solar Concentrator Market projected to grow at a CAGR of 16.8% from 2022 to 2031 WILMINGTON, DE, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the solar …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 4, 2024 - 17:39 GMT

The Global Energy Management System Market Size Reach USD 161.9 Billion by 2030 Growing with CAGR of 16.2%

Constrained energy supply and increased energy cost due to volatility in energy prices are expected to fuel the market growth. WILMINGTON, DE, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research published a new report, …

Distribution channels: Electronics Industry, Energy Industry ...

Published on December 4, 2024 - 13:46 GMT

Ignite Power’s Subsidiary Westa Solar Secures $15 Million Investment from AFRIGREEN to Expand Across Africa’s C&I Sector

Ignite Power secures $15M from Afrigreen to expand solar energy in West Africa’s C&I sector, leveraging innovative tech and financing to drive sustainability LAGOS, NIGERIA, December 4, 2024 /⁨EINPresswire.com⁩/ -- Ignite Power has secured $15 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 4, 2024 - 21:37 GMT

FTC Solar Announces Closing of Promissory Note Private Placement

AUSTIN, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced that it has closed a previously announced private placement of senior secured promissory notes (the “Notes”) in an …

Distribution channels: Technology ...
Published on December 4, 2024 - 10:44 GMT

Electric Commercial Vehicle Market to Hit $ 521.92 Billion by 2032 Owing to Rising E-Commerce & Zero-Emission Initiative

Electric Commercial Vehicle Market is driven by stringent emission regulations, advancements in battery technology, & demand for sustainable logistics solutions AUSTIN, TX, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Electric …

Distribution channels: Automotive Industry ...
Published on December 4, 2024 - 10:34 GMT

7th Edition PowerTech Africa 2025: Unlocking East Africa's Renewable Energy Potential

Join us at the 7th Edition PowerTech Africa 2025 and shape the future of renewable energy of Africa! NAIROBI, KENYA, NAIROBI COUNTY, KENYA, December 4, 2024 /⁨EINPresswire.com⁩/ -- Africa's energy landscape is undergoing a rapid transformative …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...

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Published on December 4, 2024 - 23:30 GMT

The Air Separation Unit Global Market is Projected to Reach $7.02 billion by 2028

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 5, 2024 /⁨EINPresswire.com⁩/ -- Take advantage of The Business …

Distribution channels: Business & Economy, Companies ...
Published on December 4, 2024 - 23:30 GMT

Global Air Insulated Switchgear Market: Key Trends, Market Share, Growth Drivers, and Forecast for 2024-2033

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 5, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Early …

Distribution channels: Business & Economy, Companies ...
Published on December 4, 2024 - 21:50 GMT

Triangle Math and Science Academy Unveils New STEAM Lab

State-of-the-art classroom prepares students for high-paying jobs after high school CARY, NC, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- 𝐎𝐧 𝐓𝐮𝐞𝐬𝐝𝐚𝐲, 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 𝟏𝟕𝐭𝐡 𝐚𝐭 𝟏𝟎:𝟎𝟎 𝐀𝐌, Triangle Math and Science Academy Elementary Campus (Cary) …

Distribution channels: Business & Economy, Education ...
Published on December 4, 2024 - 20:30 GMT

Arcus Power Launches Power Market Data Solutions on Snowflake Marketplace

Customers can now access Arcus Power’s comprehensive power market data for advanced analytics and informed decision-making CALGARY, ALBERTA, CANADA, December 4, 2024 /⁨EINPresswire.com⁩/ -- Arcus Power today announced the launch of its Power …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on December 4, 2024 - 18:24 GMT

Infopine Inc. Launches Industry-Specific Distribution ERPs for U.S. Textile, PCB, and Electrical Markets

Infopine Inc. has launched its DistFlow ERP suite in the U.S., tailored for textile, apparel, PCB, and electrical distributors. NC, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Infopine Inc., a globally recognized leader in ERP …

Distribution channels: Electronics Industry, Energy Industry ...
Published on December 4, 2024 - 17:55 GMT

HERO Releases White Paper on the Value of Investing in People and Culture

An intentional focus on an employer’s people and culture can drive business success RALEIGH, NC, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Health Enhancement Research Organization (HERO) has published a new white paper, titled …

Distribution channels: Business & Economy, Companies ...
Published on December 4, 2024 - 17:39 GMT

The Global Energy Management System Market Size Reach USD 161.9 Billion by 2030 Growing with CAGR of 16.2%

Constrained energy supply and increased energy cost due to volatility in energy prices are expected to fuel the market growth. WILMINGTON, DE, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research published a new report, …

Distribution channels: Electronics Industry, Energy Industry ...
Published on December 4, 2024 - 17:06 GMT

Hadley McClellan Schafer Launches HMS Event Operations, a Full-Scale Conference and Event Strategic Consultancy Company

Hadley McClellan Schafer, a seasoned event professional, has launched HMS Event Operations, a full-scale conference and event strategic consultancy firm. HOUSTON, TX, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Hadley McClellan …

Distribution channels: Business & Economy, Companies ...
Published on December 4, 2024 - 16:48 GMT

Collaboration between the Middle East Facility Management Association (MEFMA) and the Kuwait Society of Engineers

A Commitment to Shaping a Sustainable Future for the Facility Management industry DUBAI, DUBAI, UNITED ARAB EMIRATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- As part of its ongoing efforts to advance the facility management industry and lead it …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on December 4, 2024 - 14:27 GMT

SDI Events and Defense News Announce Applications Open for 2025 Space and Defense Innovator Awards

Awards to honor leaders advancing aerospace and defense innovation across government, industry, and academia AUSTIN, TX, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Space and Defense Innovator of the Year Awards (SDI Awards) …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on December 4, 2024 - 13:46 GMT

Ignite Power’s Subsidiary Westa Solar Secures $15 Million Investment from AFRIGREEN to Expand Across Africa’s C&I Sector

Ignite Power secures $15M from Afrigreen to expand solar energy in West Africa’s C&I sector, leveraging innovative tech and financing to drive sustainability LAGOS, NIGERIA, December 4, 2024 /⁨EINPresswire.com⁩/ -- Ignite Power has secured $15 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 4, 2024 - 13:43 GMT

Clear Brine Fluids Industry: Key Applications, Challenges, and Market Projections, 2027

The global clear brine fluids market size is projected to reach $1.3 billion by 2027, growing at a CAGR of 3.6% from 2020 to 2027 WILMINGTON, DE, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The global clear brine fluids market was …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 4, 2024 - 13:36 GMT

Stratview Research Publishes New Thought Leadership Report Offering a Commercial Perspective into Carbon Fiber Recycling

The CF recycling market will be worth more than $400 million by 2030, with ~30 kilotons of recycled CF being consumed annually across different industries. DETROIT, MI, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Stratview Research, a …

Distribution channels: Aviation & Aerospace Industry, Chemical Industry ...
Published on December 4, 2024 - 13:30 GMT

Strategic partnership agreement between Hypertherm Associates and BLM GROUP

HANOVER, N.H. AND CANTÙ, ITALY, NH, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Hypertherm Associates and BLM GROUP announce a strategic partnership agreement aimed at expanding the market reach of their respective solutions. The two …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on December 4, 2024 - 13:16 GMT

Pv Ess Charger Integrated Energy Solution Market Future Business Opportunities 2024-2031

BURLINGAME, CA, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Latest research report on the Pv Ess Charger Integrated Energy Solution Market 2024 provides a comprehensive analysis of the current market landscape, with forecasts …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 13:16 GMT

Digital Oilfield Market Growth Driven by Efficiency, Safety, and Optimization Technologies

The Digital Oilfield Market is expanding due to technological advancements in efficiency and safety, with process optimization leading. AUSTIN, TX, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Digital Oilfield Market size was valued …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 13:10 GMT

Hydropower Generation Market Forecast: Key Trends, Drivers, and Regional Impacts (2024-2031)|Elliott Group, TURBOCAM

Hydropower generation market size was valued at US$ 237.95 billion in 2023 and is anticipated to witness a compound annual growth rate (CAGR) of 5.9% . BURLINGAME, CA, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Latest research …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 13:10 GMT

Energy Storage as a Service Market Size 2024-2031 Industry Overview and Global Forecast|Quidnet Energy, Redflow, Renault

Global energy storage as a service market is estimated to be valued at USD 1.81 Bn in 2024 and is expected to reach USD 3.71 Bn by 2031, BURLINGAME, CA, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Latest research report on the …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 13:10 GMT

Global Oilfield Services Market is Going to Booming Growth 2024 With Top Key Players Analysis Through 2031| Transocean

Global oilfield services market is estimated to be valued at USD 134.0 Bn in 2024 and is expected to reach USD 168.77 Bn by 2031, BURLINGAME, CA, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Latest research report on the Global …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 12:15 GMT

Drone Battery Market Set to Soar with Advancements in Energy Efficiency Size, and Growth Insights Report 2024 - 2031

The drone battery market is expanding rapidly, advancements in battery life, energy efficiency, and the growing demand for commercial and recreational drones. BURLINGAME, CA, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- According to a …

Distribution channels: Energy Industry