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Published on Oct 29, 2024

PPL reports 24% profit decline due to lower sales and rising costs

ISLAMABAD: Pakistan Petroleum Limited (PPL) has reported a nearly 24% drop in profit-after-tax (PAT), totaling Rs22.69 billion for the quarter ending September 30, 2024. This marks a decrease from Rs29.76 billion during the same period last year. The …

Source: Profit by Pakistan Today - Neutral
Published on Oct 29, 2024

Satellite Finds Methane, CO2 Plumes Over Sites in Asia, Africa, US

NASA has revealed the first images from a new satellite launched in mid-August, which has special instruments for detecting methane and CO2 emissions. An imaging spectrometer aboard the Carbon Mapper Coalition’s Tanager-1 satellite identified both …

Source: Asia Financial - Neutral
Published on Oct 29, 2024

Nigeria Secures Jindal’s Commitment in Natural Gas for $4bn Iron Steel Plant

By Adedapo Adesanya Nigeria has secured a commitment from Jindal Group to offtake about 450 million metric standard cubic feet per day (MMscfd) of natural gas to support a $4 billion investment in a 10 million tonnes per annum Hot Briquetted Iron (HBI) …

Source: BusinessPost Nigeria - Uncategorized
Published on Oct 29, 2024

Powder Keg in the Pacific

While the world looks on with trepidation at regional wars in Israel and Ukraine, a far more dangerous global crisis is quietly building at the other end of Eurasia, along an island chain that has served as the front line for the United States’s national …

Source: Fair Observer - Left-wing
Published on Oct 29, 2024

Global Pipeline Construction Market Set For 5.7% Growth, Reaching $62.89 Billion By 2028

The Business Research Company's Pipeline Construction Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 LANDON, GREATER LANDON, UNITED KINGDOM, October 29, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company …

Distribution channels: Building & Construction Industry, Companies ...
Published on Oct 29, 2024

FG, Indian firm partner on steel, power plant facility in Akwa Ibom

The Federal Government has successfully secured a commitment from Jindal Group to offtake about 450 million metric standard cubic feet per day (MMscfd) of natural gas to underpin a $4 billion investment in a 10 million tonnes per annum Hot Briquetted Iron …

Source: Tribune Online - Center-right
Published on Oct 29, 2024

PPL’s quarterly profit drops 24% amid lower sales, rising costs

Pakistan Petroleum Limited (PPL) saw its profit-after-tax (PAT) drop nearly 24% to clock in at Rs22.69 billion for the quarter ended September 30, 2024. In the same period last year, the exploration and production company saw PAT of Rs29.76 billion. As per …

Source: Business Recorder - Neutral
Published on Oct 29, 2024

Quarterly Update on Activities for the Period to 30 September 2024

Although the country is still the world’s second largest natural gas producer and the second largest exporter of the fuel, the EU is looking to phase out Russia-sourced natural gas by 2027 due to the country's war with Ukraine. The EU reports that …

Source: Investing News Network - Neutral
Published on Oct 28, 2024

How Israel-Iran exchange of fire has turned West Asia into a geopolitical playground

In response to Iran’s missile attacks on Israel on October 1, purportedly to avenge the killings of Hezbollah leader Hasan Nasrallah and Hamas leader Ismael Haniyeh, after 25 days Tel Aviv took its much anticipated, even if diluted and rightly so, …

Source: Firstpost - Center-right
Published on Oct 29, 2024

When PM Modi was hosted by one of world's wealthiest monarch who owns 7,000 cars, palace with over 1,700 rooms

In September, Brunei Sultan Hassanal Bolkiah hosted Prime Minister Narendra Modi in the world's largest residential palace during the latter's bilateral visit to the country. PM Modi became the first Indian Prime Minister to travel to the Southeast …

Source: The Economic Times - Center-right
Published on Oct 28, 2024

Minerals for growth and development

Recent global experience shows that minerals have driven high economic growth in many low and middle-income countries. With the right approach, they can be equally useful in Pakistan, to drive high growth and reduce foreign dependence. For years, Pakistan …

Source: The News International - Uncategorized
Published on Oct 27, 2024

BRICS summit in Russia: Putin's strategic return to the world stage

The recent BRICS summit held in Russia from October 22 to 24 in Kazan was a significant political move, marking the largest gathering hosted by President Vladimir Putin since the 2022. Amid the political and economic tensions, the presence of 36 countries, …

Source: The Jordan Times - Pro-Government
Published on Oct 27, 2024

Namibia and South Africa – Partners in History, Allies in the Future

Bo Mbindwane As Namibia moves toward elections, it’s a critical moment to recognize not only the nation’s historical legacy but also its potential future. A strikingly important yet often overlooked aspect of Namibia’s past is its experience under …

Source: Windhoek Observer - Neutral
Published on Oct 27, 2024

FG partners Indian firm for steel, power plant facility in Akwa Ibom

The Federal Government is in discussions with Jindal Group, an Indian company, Jindal Group, to establish a steel and power plant in Akwa Ibom, a state in Nigeria’s South-South region. This development was disclosed by the Minister of State for Petroleum …

Source: Nairametrics - Neutral
Published on Oct 27, 2024

Kazakhstan’s KazMunayGas to utilize first drilling rig in Turkmen sector of Caspian Sea

Kazakhstan’s national oil and gas company, KazMunayGas, is embarking on a venture by deploying its drilling rig in the Turkmen sector of the Caspian Sea for the first time as reported by Caspian News. The announcement was made by Askhat Khasenov, chairman …

Source: Daryo - Uncategorized
Published on Oct 26, 2024

‘The UK is racing ahead of the world on green energy’

From the roof of a building in the industrial heart of the North West, a landscape of fields and smoke-chugging chemical plants is spread out before us. The Welsh hills make up one horizon, the River Mersey and Cammell Laird shipyard another.It’s a …

Source: The Times - Center-right
Published on Oct 26, 2024

Mega power deals must be amended

The mega power purchase agreements signed for the Rooppur, Matarbari, Payra and Adani power plants by the immediate past Awami League regime must be scrutinised and amended, said the National Committee to Protect Oil, Gas, Mineral Resources, Power and …

Source: Daily Star - Neutral

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Published on October 31, 2024 - 16:04 GMT

October Oil and Gas Public Offering Generates $7.3 Million in Revenue

CANADA, October 31 - Released on October 31, 2024 The Government of Saskatchewan's Crown oil and natural gas public offering, held on Tuesday, October 29, 2024, raised $7,304,936.95 for the province, with the Estevan area generating the majority of the …

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Published on October 31, 2024 - 13:15 GMT

Tight Gas Market to Reach USD 19.97 Trillion Cubic Feet by 2032, Fueled by Rising Energy Demands

"Tight Gas Market: Exploring growth drivers, tech advances, & challenges shaping the future of unconventional natural gas extraction on a global scale." AUSTIN, TX, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to …

Distribution channels: Chemical Industry ...

Published on October 31, 2024 - 03:58 GMT

Gas Turbine Market to Breach $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, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global gas turbine …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on October 31, 2024 - 13:42 GMT

The link between oil prices and the US dollar: evidence and economic implications

Prepared by Martino Ricci Published as part of the ECB Economic Bulletin, Issue 7/2024. In recent years rising oil prices have often coincided with a strengthening of the US dollar – which has potentially intensified inflation dynamics in the euro area …

Distribution channels: Banking, Finance & Investment Industry

Published on October 30, 2024 - 16:30 GMT

Next Generation Gas Distribution Module Enhancement: A Key Trend in the Global Pipeline Transport Market 2024-2033

Pipeline Transport Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033 LONDON, GREATER LONDON, UNITED KINGDOM, October 30, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Early Year-End Sale! Get up to 30% off …

Distribution channels: Automotive Industry, Business & Economy ...
Published on October 31, 2024 - 00:09 GMT

Athabasca Oil Announces 2024 Third Quarter Results Highlighted by Strong Free Cash Flow and Continued Execution on Share ...

CALGARY, Alberta, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its third quarter results highlighting strong free cash flow underpinned by operational momentum at all assets and …

Distribution channels: Business & Economy ...
Published on October 31, 2024 - 06:04 GMT

Booster Compressor Market to Breach $5.1 billion by 2030

Global Booster Compressor Market projected to grow at a CAGR of 5.6% from 2021 to 2030. WILMINGTON, DE, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the booster …

Distribution channels: Automotive Industry, Energy Industry ...
Published on October 31, 2024 - 15:30 GMT

Global Soil Testing Market Expanding to Reach USD 5.15 Billion by 2033, at a 4.9% CAGR | Future Market Insights, Inc.

NEWARK, Del, Oct. 31, 2024 (GLOBE NEWSWIRE) -- The Soil Testing Market, valued at USD 3.19 billion in 2023, is projected to grow at a steady CAGR of 4.9% over the next decade, reaching USD 5.15 billion by 2033. This market growth is fueled by the increased …

Distribution channels: Book Publishing Industry ...

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Published on October 31, 2024 - 16:19 GMT

The Latest Construction Innovations and Industry Insights - October 31, 2024

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, October 31, 2024 /⁨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 October 31, 2024 - 15:00 GMT

Political Influence on Electric Vehicle Interest is Waning According to AutoPacific Study

AutoPacific’s recent EV Consumer Insights Study says political identity is a factor in EV ownership, but becoming less of a factor for future EV acceptance. LONG BEACH, CA, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to data …

Distribution channels: Automotive Industry, Business & Economy ...
Published on October 31, 2024 - 13:19 GMT

Solar Simplified Expands Partnership with LastMile Energy, Taking Over Management of Key Community Solar Project in MA

Solar Simplified, a national leader in community solar aggregation, is proud to announce an expansion of its collaboration with LastMile Energy. CHICAGO, IL, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- Solar Simplified, a national …

Distribution channels: Business & Economy, Energy Industry ...
Published on October 31, 2024 - 13:00 GMT

W.N. Kirkland Expands into HVAC, Strengthening Plumbing & Service Offerings Across South Carolina

SPARTANBURG, SC, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- W.N. Kirkland (WNK), a trusted name in commercial plumbing since 1932, is expanding its focus to include HVAC services as part of its growth strategy under Modigent. …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on October 31, 2024 - 12:30 GMT

Luminys Systems Corp. Debuts Three New Products to Enhance End-to-End Security

The debut of these products marks a major milestone in Luminys' expansion to meet growing demand in the North American market IRVINE, CA, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- Luminys Systems Corp. (Luminys), a leading …

Distribution channels: Electronics Industry, Energy Industry ...
Published on October 31, 2024 - 10:42 GMT

Solar Water Heater Market to Breach $6.7 Billion by 2027

Solar Water Heater Market projected to grow at a CAGR of 6.1% from 2020 to 2027. WILMINGTON, DE, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global solar water …

Distribution channels: Energy Industry, Environment ...
Published on October 31, 2024 - 10:33 GMT

String Inverter Market to Breach $4.6 billion by 2027

String Inverter Market projected to grow at a CAGR of 6.3% from 2020 to 2027. WILMINGTON, DE, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global string inverter …

Distribution channels: Electronics Industry, Energy Industry ...
Published on October 31, 2024 - 09:04 GMT

Rugged IC Market Forecast, 2021-2030: Resilient Growth Driven by Demand in Harsh Environments

Rugged IC Market Expected to Reach $1,551.8 Million By 2030 WILMINGTON, DE, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, “Rugged IC Market By Level, Application, and End Use: Global Opportunity Analysis …

Distribution channels: Electronics Industry, Energy Industry ...
Published on October 31, 2024 - 08:45 GMT

Louisiana Mesothelioma Victims Center Has Endorsed the Gori Law Firm for a Oil Refinery Worker with Lung Cancer or ...

NEW ORLEANS , LA, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- The Louisiana Mesothelioma Victims Center has endorsed, and they highly recommend the Gori Law Firm for a current or former oil refinery worker who has just been diagnosed …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on October 31, 2024 - 06:04 GMT

Floating Wind Turbine Market to Targets $30.6 billion by 2027

Global Floating Wind Turbine Market projected to grow at a CAGR of 32.5% from 2020 to 2027. WILMINGTON, DE, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global …

Distribution channels: Energy Industry, Environment ...
Published on October 31, 2024 - 06:04 GMT

Space-Based Solar Power Market to Breach $902.2 million by 2030

Global Space-Based Solar Power Market projected to grow at a CAGR of 7.8% from 2021 to 2030. WILMINGTON, DE, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the space-based …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on October 31, 2024 - 06:04 GMT

Lithium Sulfur Battery Market to Breach $5.6 Billion by 2030

Lithium Sulfur Battery Market projected to grow at a CAGR of 30.1% from 2021 to 2030. WILMINGTON, DE, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global lithium …

Distribution channels: Business & Economy, Energy Industry ...
Published on October 31, 2024 - 06:04 GMT

Booster Compressor Market to Breach $5.1 billion by 2030

Global Booster Compressor Market projected to grow at a CAGR of 5.6% from 2021 to 2030. WILMINGTON, DE, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the booster …

Distribution channels: Automotive Industry, Energy Industry ...
Published on October 31, 2024 - 03:58 GMT

Gas Turbine Market to Breach $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, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global gas turbine …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on October 31, 2024 - 02:01 GMT

LNG Bunkering Market to Breach $5.14 billion by 2027

Global LNG Bunkering Market projected to grow at a CAGR of 45.2% from 2020 to 2027. WILMINGTON, DE, UNITED STATES, October 31, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global LNG bunkering …

Distribution channels: Energy Industry, World & Regional ...
Published on October 31, 2024 - 13:06 GMT

DTE Energy Foundation grants $420,000 to Michigan domestic violence shelters

Detroit, Oct. 31, 2024 (GLOBE NEWSWIRE) -- The DTE Energy Foundation announced today it will continue its mission to support victims of domestic violence in Michigan by awarding another round of grants to 45 state-funded domestic violence shelters …

Distribution channels: Energy Industry, Media, Advertising & PR ...
Published on October 31, 2024 - 12:31 GMT

Global Water Resources Declares Monthly Dividend

PHOENIX, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has declared, under its dividend policy a monthly cash dividend in the amount of $0.02508 per common share (an annualized …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on October 31, 2024 - 11:30 GMT

Stardust Power Engages MUFG as Lead Financial Advisor for Its Battery-Grade Lithium Refinery in Oklahoma

GREENWICH, Conn., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, announced that it has engaged MUFG Bank, Ltd. (“MUFG”) as lead financial …

Distribution channels: Companies, Energy Industry ...
Published on October 30, 2024 - 22:16 GMT

Titomic Provides Cold Spray to U.S. Navy’s NAVSEA

Titomic Limited (ASX: TTT), has sold a D523 cold spray system to the Naval Sea Systems Command (NAVSEA) of the United States Navy. Titomic (ASX:TTT) MELBOURNE, VICTORIA, AUSTRALIA, October 30, 2024 /⁨EINPresswire.com⁩/ -- Titomic Limited (ASX: …

Distribution channels: Energy Industry, Manufacturing ...
Published on October 30, 2024 - 21:27 GMT

Sunergy Systems Offers Concert Finance Loan

Helping more homeowners go solar SEATTLE, WA, UNITED STATES, October 30, 2024 /⁨EINPresswire.com⁩/ -- Sunergy Systems, an employee-owned residential solar and battery installation company, has recently partnered with a consumer-friendly financing …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...