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Published on 04:20 GMT

India buys more Russian oil—but its rupee-rouble plan isn’t working

Most transactions for crude oil supplies are executed via West Asia-based traders rather than through a direct bilateral payment system between Indian and Russian entities, according to two people familiar with the matter, who spoke on the condition of …

Source: Mint - Neutral
Published on 12:13 GMT

Bharat Petroleum plans to shut Bina refinery unit for 15-day maintenance in August

Bharat Petroleum Corporation Ltd (BPCL) will shut a crude unit at its 156,000 barrels-per day (bpd) Bina refinery in central India for 15 days of maintenance from August 11, its executive director said on Friday. The refinery has one crude unit. Diesel …

Source: ETEnergyworld.com - Indeterminate
Published on 12:12 GMT

Kazakhstan supplied 160,000 tons of oil to Germany in June, Kaztransoil says

MOSCOW: Kazakhstan supplied 160,000 metric tons of oil to Germany via the Druzhba pipeline system in June, Kazakhstan’s pipeline company Kaztransoil said on Friday. Kazakhstan has been supplying its oil to Germany through the pipeline after the European …

Source: Business Recorder - Neutral
Published on 12:13 GMT

Bayo Ojulari: NNPC considering sale of refineries — rehabilitation becoming more complicated

Bayo Ojulari, the group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, says it is becoming a ‘bit more’ complicated to revamp state-owned refineries. On November 26, the NNPC said the Port Harcourt refinery had …

Source: The Cable - Neutral
Published on 12:50 GMT

Nigeria’s Refineries May Never Work Despite $18billion Spent For Maintenance— Al

The President of Dangote Group, Alhaji Aliko Dangote, has raised serious concerns about the operational functionality of Nigeria’s state-owned refineries in Port Harcourt, Warri, and Kaduna, warning that they may never work again despite having consumed a …

Source: The Nigerian Voice - Indeterminate
Published on 10:00 GMT

Dangote: NNPC Refineries May Never Work Again

Aliko Dangote has expressed doubt over the possibility of Nigeria’s government-owned refineries ever returning to full operations, despite years of costly rehabilitation efforts. Speaking while hosting members of the Global CEO Africa from the Lagos …

Source: Biz Watch Nigeria - Indeterminate
Published on 12:52 GMT

Oil rises as investors weigh market outlook, tariffs, sanctions

LONDON: Oil prices rose by around 1% on Friday as investors weighed a tight prompt market against a potential large surplus this year forecast by the IEA, while U.S. tariffs and possible further sanctions on Russia were also in focus. Brent crude futures …

Source: Business Recorder - Neutral
Published on 06:56 GMT

Africa’s richest man doubts if Nigeria will ever have a working refinery again

Dangote, CEO of the Dangote group recently called into question the likelihood the state-owned Port Harcourt, Warri, and Kaduna refineries being operational again. He did this at his own oil refinery, where he gave members of the Global CEO Africa from the …

Source: Business Insider Africa - Neutral
Published on 08:30 GMT

Nigeria’s Refineries May Never Work After $18Billion Spending On Turnaround Maintenance By NNPC, Says Dangote

The President of Dangote Group, Alhaji Aliko Dangote, has raised serious concerns about the operational functionality of Nigeria’s state-owned refineries in Port Harcourt, Warri, and Kaduna, warning that they may never work again despite having consumed a …

Source: Sahara Reporters - Left-wing
Published on 06:49 GMT

‘I Doubt Very Much If They Will Work’ – Dangote Speaks On NNPC Controlled Refineries

The President of the Dangote Group, Aliko Dangote, has cast serious doubt on the likelihood of Nigeria’s state-owned refineries in Port Harcourt, Warri, and Kaduna ever becoming functional again, despite having gulped a staggering $18 billion over the …

Source: Naija News - Neutral
Published on 08:19 GMT

Dangote Questions Viability of Nigeria’s Moribund Refineries

Business magnate and Africa’s richest man, Aliko Dangote, has questioned the repeated efforts to revive the moribund refineries, describing the projects as wasteful and unsustainable. Speaking while hosting members of the Global CEO Africa from the Lagos …

Source: News Central TV - Indeterminate
Published on 08:14 GMT

World oil market may be tighter than it looks: IEA

By Alex Lawler VIENNA (Reuters) -The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency said on Friday, as refineries ramp up processing to meet summer travel demand. …

Source: Yahoo Finance - Center-left
Published on 09:07 GMT

Port Harcourt, Kaduna refineries may never work again — Dangote

The President of the Dangote Group, Aliko Dangote, has claimed that state-owned refineries in Port Harcourt, Warri, and Kaduna may not work again. Dangote spoke on Thursday while hosting members of the Global CEO Africa from the Lagos Business School, …

Source: Kemi Filani News - Pending
Published on 07:00 GMT

Top 5 Stories Of The Day | Dangote Expresses Doubt on Revival of NNPC Refineries

Dangote expresses doubt on revival of NNPC refineries FG rejects U.S. visa restriction justification, denies policy change One year after Supreme Court ruling, LG funds still routed through states FG yet to fulfil electricity subsidy promise to public …

Source: Y Naija - Left-wing
Published on 08:04 GMT

TOR partners Petroleum Hub to train 500 youth for oil and gas career

Tema Oil Refinery Ltd (TOR) and the Petroleum Hub Development Corporation (PHDC) have agreed in principle to collaborate on a transformative initiative aimed at training 500 Ghanaian youth for careers in the oil, gas, and petrochemical industries. The …

Source: The Herald Ghana - Pending
Published on 04:38 GMT

Reuters: Dangote Refinery Planning 1.6m Barrels Fuel Storage Tanks in Namibia

•Facility to supply petrol, diesel to Botswana, Namibia, Zambia, Zimbabwe •Oil falls as possible OPEC+ hike pause signals waning demand Emmanuel Addeh in Abuja Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 million …

Source: This Day - Pro-Government
Published on 08:22 GMT

BP reports gas and oil price hits; increased upstream production in the second quarter

BP said that its second-quarter results will be affected by lower gas and oil prices, but the upstream production is expected to be higher than originally forecast. The company announced this in a trading report on Friday, ahead of the results scheduled …

Source: World Energy News - Connecticut - Pending
Published on 06:44 GMT

Indonesian Crude Oil Price Climbs to US$69.33 per Barrel in June 2025

TEMPO.CO, Jakarta - The Ministry of Energy and Mineral Resources (ESDM) has set the average price of Indonesia's crude oil, or Indonesian Crude Price (ICP), for June 2025 at US$69.33 per barrel. This price has increased by US$6.58 per barrel compared …

Source: Tempo.co - Neutral
Published on 09:00 GMT

Prosecutors uncover US$17 billion crude oil corruption loss

Jakarta (ANTARA) - Indonesia’s Attorney General’s Office (AGO) announced that the total state financial and economic losses from a major corruption case involving the management of crude oil and refinery products have reached Rp285 trillion (about US$17 …

Source: Antara - Pro-Government

03 days 14:58:29

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Published on July 11, 2025 - 09:26 GMT

Hydrogen Detection Market Expected to Hit 629.16 Million USD by 2032 with 11.3% CAGR From 2025 To 2032

Hydrogen detection refers to the gas sensor used to detect the presence of hydrogen gas which contains micro-fabricated point contact hydrogenic sensors. SAN FRANCISCO, CA, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- Stellar Market …

Distribution channels: Chemical Industry ...
Published on July 11, 2025 - 12:00 GMT

XXKK Exchange Successfully Listed on CoinMarketCap, Advancing Global Expansion with Compliance and Innovation

New York, July 11, 2025 (GLOBE NEWSWIRE) -- Recently,The emerging digital asset trading platform XXKK Exchange has officially been listed on CoinMarketCap (CMC), the world’s leading crypto market data aggregator. This milestone marks a significant leap …

Distribution channels: Technology ...

Published on July 11, 2025 - 10:33 GMT

Operational Technologies Market to Observe Strong Development by 2032

Operational Technologies Market Expected to Reach $292.7 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "Operational Technologies Market By Component …

Distribution channels: IT Industry, Technology ...
Published on July 11, 2025 - 12:19 GMT

Biodiesel Manufacturing Plant Setup Report 2025: Cost Breakdown, Business Plan and Profitability

NEW YORK, NY, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- Establishing a biodiesel manufacturing plant requires an in-depth market study coupled with detailed knowledge of operational components such as production processes, sourcing of raw …

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

Published on July 11, 2025 - 10:14 GMT

Bitumen Market Growth, Analysis | Industry Dynamics and Competitive Landscape by 2025 to 2034

The report provides competitive dynamics by evaluating business segments, product portfolios, target market revenue WILMINGTON, DE, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research released a report on the bitumen …

Distribution channels: Building & Construction Industry, Manufacturing ...
Published on July 11, 2025 - 12:30 GMT

Houston American Energy Corp. Secures $100 Million Equity Line of Credit to Fuel Growth and Support Strategic ...

HOUSTON, TX, July 11, 2025 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE American: HUSA) (“HUSA” or the “Company”) today announced it has secured a Common Stock Purchase Agreement with an institutional investor, establishing an equity line of …

Distribution channels: Energy Industry ...
Published on July 11, 2025 - 12:30 GMT

Houston American Energy Secures $5 Million in Strategic Financing to Acquire Texas Gulf Coast Development Site

Proceeds to Fund Portion of Acquisition of 25-Acre Location at Cedar Port Industrial Park, Future Site of Plastics-to-Low-Carbon Fuels Hub HOUSTON, TX, July 11, 2025 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE American: HUSA) (“HUSA” or the “ …

Distribution channels: Energy Industry ...
Published on July 11, 2025 - 07:24 GMT

Power Transformer Market Surges Toward $50.8 Billion by 2027 on the Back of Renewable Energy and Grid Modernization

Power Transformer Market Booms with 7.9% CAGR, Driven by Renewable Integration and Aging Infrastructure WILMINGTON, DE, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- The global power transformer market is witnessing rapid expansion, …

Distribution channels: Electronics Industry, Energy Industry ...

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Published on July 11, 2025 - 12:19 GMT

Biodiesel Manufacturing Plant Setup Report 2025: Cost Breakdown, Business Plan and Profitability

NEW YORK, NY, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- Establishing a biodiesel manufacturing plant requires an in-depth market study coupled with detailed knowledge of operational components such as production processes, sourcing of raw …

Distribution channels: Business & Economy, Energy Industry ...
Published on July 11, 2025 - 12:18 GMT

BESS (Battery Energy Storage System) Manufacturing Plant Setup Cost Analysis 2025: Profitability & Break-Even Time

NEW YORK, NY, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- Establishing a BESS (Battery Energy Storage System) manufacturing plant requires an in-depth market study coupled with detailed knowledge of operational components such as …

Distribution channels: Electronics Industry, Energy Industry ...
Published on July 11, 2025 - 11:00 GMT

Superconductors Market Present Scenario and Growth Prospects 2022 - 2032

Superconductors Market Expected to Reach $17.4 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled "Superconductors Market By Type (Low Temperature, High …

Distribution channels: Electronics Industry, Energy Industry ...
Published on July 11, 2025 - 10:00 GMT

Laser Obstacle Remover Addresses Power Grid Challenges

CHENGDU, CHINA, July 11, 2025 /⁨EINPresswire.com⁩/ -- Floating objects and tree branches interfering with high-voltage power lines have long posed significant challenges to global power grid maintenance. Developed by Sichuan RedCoast Base …

Distribution channels: Companies, Conferences & Trade Fairs ...
Published on July 11, 2025 - 09:50 GMT

Soft Drinks Market Size to Worth USD 886.2 Billion by 2033 | With a 3.84% CAGR

The global Soft Drinks market size was valued at USD 629.2 Billion in 2024. SHERDIAN, WY, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- The soft drinks market is experiencing rapid growth, driven by rising demand for health-conscious …

Distribution channels: Energy Industry ...
Published on July 11, 2025 - 08:44 GMT

Transformers For Switching Power Supplies Market Growth Dynamics: Leading Regions and Emerging Industry Trends

Global Transformers For Switching Power Supplies Market to grow from USD 33.81 Billion in 2025 to USD 61.15 Billion by 2033, CAGR 7.69%. PUNE, MAHARASHTRA, INDIA, July 11, 2025 /⁨EINPresswire.com⁩/ -- Global Transformers For Switching Power …

Distribution channels: Energy Industry ...
Published on July 11, 2025 - 08:06 GMT

AV-Comparatives Publishes Operational Technology (OT) Security Test of ARIA AZT PROTECT™

AV-Comparatives has published the results of a test evaluating security products in air-gapped Operational Technology (OT) environments. INNSBRUCK, LOWELL MA, MA, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- AV-Comparatives, the leading …

Distribution channels: Companies, Energy Industry ...
Published on July 11, 2025 - 07:57 GMT

Carbon Black in Lead-Acid Battery Market Analysis, Global Trends, Size, Segments and Growth till 2027

The global carbon black in lead-acid battery market is projected to reach $591.4 million by 2027, growing at a CAGR of 4.6% from 2020 to 2027. WILMINGTON, DE, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- The carbon black in lead-acid battery …

Distribution channels: Business & Economy, Energy Industry ...
Published on July 11, 2025 - 07:24 GMT

Power Transformer Market Surges Toward $50.8 Billion by 2027 on the Back of Renewable Energy and Grid Modernization

Power Transformer Market Booms with 7.9% CAGR, Driven by Renewable Integration and Aging Infrastructure WILMINGTON, DE, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- The global power transformer market is witnessing rapid expansion, …

Distribution channels: Electronics Industry, Energy Industry ...
Published on July 11, 2025 - 06:57 GMT

Utility Communications Market to Hit $47.3 Billion by 2033, Driven by Smart Grid & Renewable Surge

🌐 Utility Communications Industry Soars with Smart Grid Demand, Forecasting 5.5% CAGR Through 2033 WILMINGTON, DE, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- 🔌 Utility Communications Industry Overview The global utility …

Distribution channels: Energy Industry, Technology ...
Published on July 11, 2025 - 05:58 GMT

Rising Renewable Integration Fuels Growth in Three Phase Sectionalizer Market Globally

Three Phase Sectionalizer Market to Reach $1.9 Billion by 2034, Driven by Grid Modernization ⚡🌍 WILMINGTON, DE, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- Three Phase Sectionalizer Industry Surges Amid Global Energy Transformation ⚡ …

Distribution channels: Electronics Industry, Energy Industry ...
Published on July 11, 2025 - 05:18 GMT

Powering the Grid: Aluminum Bare Wire Conductor Market Set to Reach $19.1 Billion by 2034 at 5.5% CAGR

🔌 Aluminum Bare Wire Conductor Market to Hit $19.1 Billion by 2034, Driven by Renewable Energy Expansion 🌱 WILMINGTON, DE, UNITED STATES, July 11, 2025 /⁨EINPresswire.com⁩/ -- ⚙️ Aluminum Bare Wire Conductor Industry Overview According to a …

Distribution channels: Energy Industry, Manufacturing ...
Published on July 10, 2025 - 21:06 GMT

Energy America Solidifies U.S. and Global Non-Chinese Supply Dominance Amid August 1 Tariffs

“Energy America Responds to Global Solar Crisis with Unmatched U.S. and Allied Production Capacity” SAN FRANCISCO, CA, UNITED STATES, July 10, 2025 /⁨EINPresswire.com⁩/ -- In response to recent global supply chain disruptions and shifting trade …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 10, 2025 - 20:39 GMT

Climavision Selected by IRCAI and AWS for 2025 Compute for Climate Fellowship

LOUISVILLE, KY, UNITED STATES, July 10, 2025 /⁨EINPresswire.com⁩/ -- Climavision, the weather technology company combining proprietary radar networks with advanced numerical weather prediction (NWP) and AI forecasting, today announced it has been …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on July 10, 2025 - 17:58 GMT

Carbon Capture Gains Momentum in Power Sector, Reaching $450.5 Million by 2032

CCS market grows with climate focus and tech advances, but high costs and policy gaps remain key hurdles to wider adoption in power generation. WILMINGTON, DE, UNITED STATES, July 10, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on July 10, 2025 - 17:40 GMT

Regional Industrial Development Corp (RIDC) Comments on Innovation Summit in Pittsburgh, Featuring Pres Trump, July 15

Pittsburgh poised to be a global force, says economic development group PITTSBURGH, PA, UNITED STATES, July 10, 2025 /⁨EINPresswire.com⁩/ -- “Pittsburgh is now at the forefront of a new innovation economy, with a strong foundation already in place …

Distribution channels: Energy Industry, Manufacturing ...
Published on July 10, 2025 - 17:12 GMT

MISS DIG 811 Launches First-Ever Great Lakes Damage Prevention Conference & Expo

Advancing Damage Prevention Through Collaboration and Innovation LANSING, MI, UNITED STATES, July 10, 2025 /⁨EINPresswire.com⁩/ -- MISS DIG 811 is proud to announce the launch of the inaugural Great Lakes Damage Prevention Conference & Expo, a …

Distribution channels: Energy Industry, Telecommunications ...
Published on July 11, 2025 - 03:49 GMT

Chairman Lee Applauds Repeal of Roadless Rule in Forest Budget Hearing

WASHINGTON –Senator Mike Lee (R-UT), Chairman of the Senate Committee on Energy and Natural Resources, convened a hearing today to examine the President’s FY26 budget request for the U.S. Forest Service. A major focus of the hearing was the recent …

Distribution channels: Energy Industry
Published on July 10, 2025 - 15:30 GMT

Voler Systems Announces 2025 Spark Design Challenge for $20K in Engineering Services

Voler, a Silicon Valley leader in electronic design, announces the Spark Design Challenge. This initiative will award two $10K prizes in engineering services. SUNNYVALE, CA, UNITED STATES, July 10, 2025 /⁨EINPresswire.com⁩/ -- Voler Systems, a …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on July 10, 2025 - 15:19 GMT

cCarbon Launches Carbon Removal Market Intelligence Service, Expanding its Carbon Markets Offerings

New offering delivers regular updates including latest data and market reviews on CDR investments, offtake agreements, and broader market dynamics SAN FRANCISCO, CA, UNITED STATES, July 10, 2025 /⁨EINPresswire.com⁩/ -- cCarbon, a leading provider …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...