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Published on Dec 13, 2024

South Sudan announces plan to construct new oil refinery

JUBA, Dec. 13 (Xinhua) -- South Sudan on Friday announced a plan to construct a new oil refinery worth 3 billion U.S. dollars at the Tharjiath field in Unity State, one of the country's key oil-producing areas. While an existing refinery operates in …

Source: The Malaysian Star - Uncategorized
Published on Dec 13, 2024

Cabinet approves plan to construct $3 billion oil refinery

South Sudan`s Council of Ministers on Friday unveiled a plan to construct a new oil refinery valued at USD 3 billion in Tharjiath in the oil-producing Unity State. Addressing reporters shortly after the cabinet meeting chaired by President Salva Kiir in …

Source: Radio Tamazuj - Neutral
Published on Dec 13, 2024

Bode George Urges Tinubu To Reduce Petrol Price To N300 Per Litre During Yuletide

Bode George, a chieftain of the Peoples Democratic Party (PDP), has called on President Bola Tinubu to reduce the price of petrol to N300 per litre during the yuletide season. George made this suggestion during an interactive session with journalists in …

Source: Information Nigeria - Neutral
Published on Dec 13, 2024

PHRT Reaffirms Commitment to Safe Restart of St. Croix Refinery

Officials from Port Hamilton Refining & Transportation (PHRT) reiterated their intentions to safely restart the St. Croix refinery, emphasizing ongoing work and compliance with environmental standards. The statement, delivered Thursday night, follows …

Source: The Virgin Island Consortium - Label Pending
Published on Dec 13, 2024

Concern next Trump EPA could “reprise giving out Small Refinery Exemptions”

News Concern next Trump EPA could “reprise giving out Small Refinery Exemptions” There’s concern Small Refinery Exemptions could ramp up during President Trump’s second term. Minnesota Biofuels Association executive director Brian Werner suggests the SRE …

Source: Brownfield Ag News - Neutral
Published on Dec 13, 2024

Fg Has Fulfilled Agreement With Us To Ensure Port Harcourt Refinery Wor

The President of the Nigeria Labour Congress, Joe Ajaero, has described the commencement of operation at Port Harcourt Refinery as fulfillment of agreement on the part of the federal government. The NLC President made this known on Monday, December 9 after …

Source: The Nigerian Voice - Uncategorized
Published on Dec 13, 2024

Oil Prices Rise Alongside Geopolitical Risk

Oil prices are climbing once again as geopolitical risk rises and the threat of new U.S. sanctions on Russia's shadow fleet threatens supply. Oil prices have finally outgrown the pains of the OPEC+ meeting, with the potential threat of sanctions now …

Source: Oil Price - Neutral
Published on Dec 13, 2024

Oil Prices Stabilize, Heading for First Weekly Gain Since November

Oil prices remained steady, positioning themselves for a modest weekly rise, their first since late November. Oil prices stabilized as tighter sanctions on Iran and Russia escalated concerns over supply disruptions, while a mixed outlook on supply and …

Source: Chemical Industry Digest - Label Pending
Published on Dec 13, 2024

Business | Dec 13, 2024 | 5 min read RIL signs $12-13 bn oil import deal with Russia’s Rosneft

News Business #New Delhi Billionaire Mukesh Ambani’s Reliance Industries Ltd has signed a deal to import crude oil worth USD 12-13 billion a year from Russia’s Rosneft for 10 years, sources said. Russian state oil firm Rosneft will supply up to 500,000 …

Source: Ahmedabad Mirror - Neutral
Published on Dec 13, 2024

Petrol Landing Cost Drops To ₦900.28 Per Litre

According to Punch, data released by the Major Energies Marketers Association of Nigeria (MEMAN) highlighted the drop, with earlier records this week showing costs dipping to ₦890.43 per litre. The decline reflects relief from global market fluctuations …

Source: Naija News - Uncategorized
Published on Dec 13, 2024

Oil prices drop on forecast surplus supply in 2025, but are set to rise by a weekly gain

Oil prices fell on Friday, as investors shifted their focus to a forecast for ample supply. They also shrugged off the expectation of higher demand in 2013 due to Chinese stimulus measures. Meanwhile, they were watching a Federal Reserve rate cut scheduled …

Source: World Energy News - Connecticut - Label Pending
Published on Dec 13, 2024

Ukraine-Russia war latest: Russian oil depot set ablaze after ‘massive drone attack’ by Kyiv

How can Putin be defeated? Assad’s fall provides lesson for West The fall of the Assad regime in Syria has led to questions over Russia’s ability to sustain its military adventures abroad. Russia had supported Assad militarily for over a decade, building …

Source: The Independent - Center-left
Published on Dec 13, 2024

Oil set for first weekly gain in three weeks

LONDON: Oil prices rose more than 1 Percent Friday, heading for their first weekly rise since the end of November, as additional sanctions on Russia ratcheted up supply worries, while a surplus outlook weighed on markets. Brent crude futures rose 83 cents, …

Source: ETEnergyWorld - Uncategorized
Published on Dec 13, 2024

USA Crude Oil Stocks Drop by 1.4MM Barrels WoW

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 1.4 million barrels from the week ending November 29 to the week ending December 6, the U.S. Energy Information Administration (EIA) highlighted …

Source: Rigzone - Neutral
Published on Dec 13, 2024

How criminals stole $215m from Ecuador oil industry ‘for drug trafficking’

Reuters witnesses saw at least nine illegal taps within a 25m section of the Esmeraldas-Santo Domingo fuel pipeline, one of eleven such pipelines which move fuel in the Andean country, during a late November visit. At least 136 taps — homemade valves …

Source: BusinessLIVE - Uncategorized
Published on Dec 13, 2024

Slovakia will continue supplying Czechia with processed Russian oil for another six months

Slovakia will continue to export oil products made from Russian oil to Czechia for another six months after the country’s government negotiated a prolongation of the existing exemption from EU sanctions. “Negotiating an exemption on exports of products …

Source: BNE Intellinews - Neutral
Published on Dec 13, 2024

Oil edges lower on 2025 supply surplus forecast, but set to notch weekly gain

By Florence Tan SINGAPORE (Reuters) – Oil prices inched lower on Friday as investors focused on a forecast of ample supply and shrugged off expectations of higher demand next year from Chinese stimulus measures, while eyeing another Federal Reserve …

Source: The Print - Neutral
Published on Dec 13, 2024

Imported petrol landing cost drops to N900/litre

The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores, has seen a considerable reduction of N36, dropping to N900.28 per litre on Thursday, The PUNCH reports. According to the latest data released by the Major …

Source: Punch - Uncategorized
Published on Dec 13, 2024

Oil settles flat; markets weigh IEA surplus forecast, rate cut optimism

By Nicole Jao NEW YORK (Reuters) -Oil prices settled close to unchanged on Thursday, pressured by a forecast for ample supply in the oil market but supported by rising expectations of a Federal Reserve interest rate cut. Brent crude futures settled down 11 …

Source: The Print - Neutral

18 days 10:48:09

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Published on December 14, 2024 - 15:17 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:15 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...

Published on December 13, 2024 - 11:08 GMT

Wireless Gas Detection Market Size to Hit US$ 2.6 Billion by 2031 | TMR

Wireless Gas Detection Market is expected to surpass the value of US$ 2.6 Bn by 2031, expanding at a CAGR of 5.2%. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The wireless gas detection market has gained significant …

Distribution channels: Manufacturing ...
Published on December 13, 2024 - 07:02 GMT

Oil Spill Management Market Growth to Exceed USD 139.4 Billion by 2027 | Transparency Market Research

The global oil spill management market is projected to rise at a CAGR of 3.1% and to reach US$ 139.4 Bn by the end of the forecast period 2019 to 2027. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The global oil …

Distribution channels: Chemical Industry ...

Published on December 12, 2024 - 09:39 GMT

Oil and Gas Gasket Market Projected to Reach $1.71 Billion by 2034, Growing at a 2.8% CAGR, Says Fact.MR

Oil and Gas Gaskets Proving to be Very Helpful in Industrial Pipeline Connections Leading to Steady Market Growth ROCKVILLE, MD, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- As analyzed in the recently updated report by Fact.MR, a …

Distribution channels: Business & Economy ...
Published on December 13, 2024 - 05:14 GMT

Gas Turbine Market Estimate to Hit $25.4 Billion by 2030

Global Gas Turbine Market projected to grow at a CAGR of 3.3% from 2021 to 2030. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global gas turbine …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 13, 2024 - 01:48 GMT

Liquefied Petroleum Gas Market Estimation Worth USD 243.4 Billion by 2030

Global Liquefied Petroleum Gas (LPG) Market projected to grow at a CAGR of 6.5% from 2021 to 2030. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 11, 2024 - 08:39 GMT

AI in Oil and Gas Market Projected to Grow at 13.5% CAGR, Reaching $7.99 Billion by 2031

WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 11, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, titled, “AI in Oil and Gas Market," The ai in oil and gas market was valued at $2.32 billion in …

Distribution channels: Chemical Industry, IT Industry ...

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Published on December 14, 2024 - 22:01 GMT

James Michael Matthew’s Vision for Climate Change: Launching the Movement Behind Building Fjords in the Great Deserts

Transforming Arid Landscapes into Thriving Ecosystems: A Bold Blueprint for Climate Solutions and Global Collaboration GLENDALE, CA, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- James Michael Matthew, an award-winning author and …

Distribution channels: Book Publishing Industry, Business & Economy ...
Published on December 14, 2024 - 15:18 GMT

Middle East Energy Powers Up with New Features, Product Sectors, and Industry Conferences

DUBAI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The expanded 2025 edition of Middle East Energy, the region’s leading energy exhibition bringing together the leading lights of the industry, will feature a host of new shows, …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:17 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:15 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:06 GMT

Longi Hi Mo X6 Artist by Longi Green Energy Technology Co.,Ltd. Wins Iron in A' Energy Industry Awards

Innovative Solar PV Module Recognized for Exceptional Design, Efficiency, and Aesthetic Appeal in Prestigious International Design Competition COMO, CO, ITALY, December 14, 2024 /⁨EINPresswire.com⁩/ -- The A' Design Award, a highly respected …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on December 13, 2024 - 23:30 GMT

Batteryless Storage Solutions Market to Grow at a 29.6% CAGR, Surpassing US$ 9.2 Bn by 2034

The global batteryless storage solutions market, valued at $540 million in 2023, is projected to grow at a 29.6% CAGR, reaching $9.2 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global batteryless …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 23:15 GMT

Advanced Wind Turbine Blade Materials Market to Reach US$ 9.8 Bn by 2034, Expanding at a 6.3% CAGR

The global advanced wind turbine blade materials market, valued at $5.0 billion in 2023, is projected to grow at a 6.3% CAGR, reaching $9.8 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 23:00 GMT

Paper-based Biofuel Cell Market Forecast: From US$ 300.0 Mn in 2023 to US$ 580.0 Mn by 2034

The global paper-based biofuel cell market, valued at $300 million in 2023, is projected to grow at a 6.3% CAGR, reaching $580 million by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global paper-based biofuel …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:45 GMT

Floating Wind Turbines Market Trends: Valued at US$ 4.9 Bn in 2023, Projected to Reach US$ 83.4 Bn by 2034

The global floating wind turbines market, valued at $4.9 billion in 2023, is projected to grow at a 29.4% CAGR, reaching $83.4 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global floating wind …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:30 GMT

Smart Bins for Waste Management Market Forecast: From US$ 75.3 Mn in 2023 to US$ 292.4 Mn by 2034

The global smart bins for waste management market, valued at $75.3 million in 2023, is projected to grow at a 13.1% CAGR, reaching $292.4 million by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global smart …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:15 GMT

Solar Panel Operation & Maintenance Market Set to Achieve US$ 16.4 Bn by 2034, Growing at a 10.1% CAGR

The global solar panel operation & maintenance market, valued at $5.7 billion in 2023, is projected to grow at a 10.1% CAGR, reaching $16.4 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:03 GMT

SEAPEAK LLC DECLARES DISTRIBUTIONS ON SERIES A AND B PREFERRED UNITS

HAMILTON, BERMUDA, December 13, 2024 /⁨EINPresswire.com⁩/ -- Seapeak LLC (Seapeak or the Company) has declared cash distributions of $0.5625 per unit on the Company’s Series A preferred units (NYSE:SEAL PR A) and $0.5313 per unit on the Company’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 13, 2024 - 21:45 GMT

Teflon Heat Exchanger Market Expected to Grow at a 7.7% CAGR, Reaching US$ 2.5 Bn by 2034

The global Teflon heat exchanger market, valued at $1.1 billion in 2023, is expected to grow at a 7.7% CAGR, reaching $2.5 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global Teflon heat exchanger …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 21:30 GMT

Alternative Energy Market Projected to Reach US$ 3.4 Trn by 2034, Growing at a 12.4% CAGR

The global alternative energy market, valued at $940.4 billion in 2023, is projected to grow at a 12.4% CAGR, reaching $3.4 trillion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global alternative energy …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 21:15 GMT

8 Trends Influencing U.S. Freight Railroading In 2025

Consumer confidence, energy pricing & deregulation, among other factors, provide a favorable environment for short-term growth and long-term industry planning MARLTON, NJ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 13, 2024 - 18:50 GMT

Smart Society Ventures Releases Whitepaper on Decentralized Energy and Grid Technology

GENEVA, SWITZERLAND, December 13, 2024 /⁨EINPresswire.com⁩/ -- Smart Society Ventures (SSV) is proud to announce the release of its latest whitepaper, “Building a Smart Society: Decentralized Energy and the Grid Tech to Power It.” This …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 13, 2024 - 17:29 GMT

Worry Free Davis Bacon Isssues for Construction Companies Doing Business with the Federal Government

Tax Incentives SCOTTSDALE, AZ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Making sure that every employee receives the prevailing wage on a government construction job may sound easy if the company has 2 or 3 employees. Add in 15 …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on December 13, 2024 - 17:16 GMT

Arden Nights 2024: How Music and Evertreen’s Tree-Planting Initiative Transformed Nepal’s Ecosystems

LOS ANGELES, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Evertreen, the platform that makes it easy to plant real trees online, is thrilled to look back on the success of its partnership with Arden Records during Arden Nights 2024. …

Distribution channels: Companies, Energy Industry ...
Published on December 13, 2024 - 16:00 GMT

Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida

SÃO PAULO, SÃO PAULO, BRAZIL, December 13, 2024 /⁨EINPresswire.com⁩/ -- Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida A contagem regressiva para o Natal já começou, e esta é a época perfeita …

Distribution channels: Energy Industry, Gifts, Games & Hobbies ...
Published on December 13, 2024 - 15:22 GMT

LOBO Systems: A 2025 Revolution in Safe and Cost-Effective Work Platforms

DERBY, DERBYSHIRE, UNITED KINGDOM, December 13, 2024 /⁨EINPresswire.com⁩/ -- As industries strive for greater efficiency and safety in the face of rising costs and tighter schedules, LOBO Systems offers a timely alternative to traditional …

Distribution channels: Automotive Industry, Energy Industry ...