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Published on Apr 19, 2025

Nigeria’s economic reforms yet to benefit citizens, says IMF

The International Monetary Fund has said that while the Nigerian government has taken important steps to stabilise the country’s economy, the impact of these reforms is yet to be felt by most citizens, as poverty and food insecurity remain high. IMF made …

Source: Punch - Indeterminate
Published on Apr 18, 2025

BP EXPORTS ITS FIRST CARGO OF LIQUEFIED NATURAL GAS

The first shipment of liquefied natural gas (LNG) for export, as part of Phase 1 of the Grand Tortue Ahmeyim (GTA) project, has been loaded. BP made the announcement yesterday, Thursday, April 17, in a press release. BP oil company announced on Thursday, …

Source: Sene News - Neutral
Published on Apr 18, 2025

Petroleum engineers secure NBTE certification, moves to rebrand for industry reforms

By Adewale Sanyaolu The Nigerian Institution of Petroleum Engineers (NiPeTE), a division of the Nigerian Society of Engineers, has secured the approval of the National Board for Technical Education (NBTE) for its certification programs. This serves as part …

Source: The Sun Nigeria - Indeterminate
Published on Apr 18, 2025

NiPeTE Rebrands For Enhanced Professionalism In Oil, Gas Industry

The Nigerian Institution of Petroleum Engineers (NiPeTE), a division of the Nigerian Society of Engineers (Formerly the Petroleum Division),has announced plans to rebrand as the Nigerian Institute of Petroleum and Gas Engineers, as part of a strategic move …

Source: Daily Independent - Pending
Published on Apr 18, 2025

bp Loads First LNG Cargo from Greater Tortue Ahmeyim Offshore Africa

bp announced the successful loading of its first LNG cargo from the Greater Tortue Ahmeyim (GTA) Phase 1 project, located approximately 120 km offshore Mauritania and Senegal’s maritime border. The cargo, designated for export, was loaded onto bp’s …

Source: Turbomachinery International - Pending
Published on Apr 18, 2025

Gunvor, Adnoc Shortlisted for Shell South Africa Unit

Abu Dhabi National Oil Co. and Swiss commodities trading firm Gunvor are among companies that have been shortlisted to buy Shell Plc’s downstream assets in South Africa, according to people familiar with the matter. The two companies are strong contenders …

Source: Rigzone - Neutral
Published on Apr 18, 2025

Rising poverty mutes gains of Nigeria’s economic reforms- IMF

… urges CBN to maintain tight monetary stance amid global headwinds Rising poverty in Africa’s most populous nation is casting a shadow on the radical reforms embarked upon by President Bola Tinubu almost two years ago, according to the International …

Source: Business Day - Neutral
Published on Apr 18, 2025

Nigerian economy better positioned to withstand external pressures, says IMF

.Says tight monetary policy stance required to firmly guide inflation down The International Monetary Fund (IMF) has said that the economic reforms undertaken by Nigeria since 2023 have significantly improved the country’s capacity to withstand external …

Source: Business Day - Neutral
Published on Apr 18, 2025

Nigeria Faces Uncertain Future as Oil Prices Fall – IMF

The International Monetary Fund (IMF) has warned that Nigeria faces an uncertain economic future as falling oil prices drop. In a report released on Friday and obtained by Pointblank News from the IMF website, the Fund said that despite recent reforms, …

Source: Point Blank News - Pending
Published on Apr 16, 2025

Egypt and Azerbaijan Consider Strategic Oil and Gas Partnership

Senior executives from Azerbaijan’s state oil firm SOCAR this week discussed with Egyptian officials and executives the idea to establish a strategic Egyptian-Azeri partnership in the oil and gas sector, Egypt’s Ministry of Petroleum and Mineral Resources …

Source: Oil Price - Neutral
Published on Apr 18, 2025

IMF flags rising hunger, poverty despite Nigeria’s economic reforms

The International Monetary Fund (IMF) has raised concerns over the persistently high levels of poverty and food insecurity in Nigeria, despite key economic reforms undertaken by the Federal Government since 2023. This was disclosed in a statement issued on …

Source: Nairametrics - Neutral
Published on Apr 18, 2025

Nigeria’s energy diplomacy and the making of the $5bn Africa Energy Bank, By John Ejekwonyilo Ameh

Ambassador Nicholas Ella The decision to establish the African Energy Bank’s Headquarters in Abuja marks a historic achievement for Nigeria and a significant leap forward for Africa’s energy sector. It reflects Nigeria’s enduring influence and leadership …

Source: Premium Times - Neutral
Published on Apr 18, 2025

Chevron, other companies withdraw from Egypt's Red Sea concessions and redirect resources

The Egyptian petroleum ministry reported that a number of multinational oil companies, including Chevron, have left their Red Sea oil concession blocks without finding any oil or gas and have instead channeled their resources to other parts of the country. …

Source: World Energy News - Connecticut - Pending
Published on Apr 18, 2025

Oil Prices Set to Post First Weekly Gain in Three Weeks

Crude oil futures logged their first weekly gain in three weeks, lifted by a fresh round of U.S. sanctions on Iran, stepped-up output discipline from OPEC producers, and improved U.S. export flows. In a holiday-shortened trading week, West Texas …

Source: Oil Price - Neutral
Published on Apr 18, 2025

IMF: Nigeria will navigate global shocks due to Tinubu’s reforms

The International Monetary Fund (IMF) says Nigeria will navigate global shocks due to the reforms implemented by President Bola Tinubu. Axel Schimmelpfennig, IMF mission chief for Nigeria, spoke during a visit to Lagos and Abuja from April 2 to 15, where …

Source: The Cable - Neutral
Published on Apr 18, 2025

Oborevwori Assures Oil & Gas Companies of Safe Operational Environment, Protection of Investment

Delta State Governor, Hon. Sheriff Oborevwori, yesterday assured oil and gas companies in the state of a safe operational environment that would protect their investments. Oborevwori gave the assurance while playing host to top management staff of …

Source: This Day - Pro-Government
Published on Apr 18, 2025

International Monetary Fund (IMF) Staff Completes 2025 Article IV Mission to Nigeria

The Nigerian authorities have taken important steps to stabilize the economy, enhance resilience, and support growth. These reforms have put Nigeria in a better position to navigate the external environment. The macroeconomic outlook is marked by …

Source: Africa.com - Center-left
Published on Apr 18, 2025

Security agencies engage Rivers communities to protect oil pipelines

Security agencies have begun engaging communities in Rivers State to safeguard oil pipelines and other critical national infrastructure. The initiative was disclosed in a statement on Thursday by the state police commissioner, Olugbenga Adepoju. According …

Source: Prompt News Online - Neutral
Published on Apr 18, 2025

Nigeria: NCDMB assures indigenous oil, gas companies of an enabling environment

Indigenous oil and gas companies have been assured of an enabling environment by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe. Addressing a high-powered delegation of the Renaissance Africa …

Source: Zawya - Indeterminate

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Published on April 21, 2025 - 13:08 GMT

The Untapped Potential of Biogas in Natural Gas Vehicle Adoption: A Cleaner and Circular Path Forward

NEWARK, DE, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧: 𝐁𝐞𝐲𝐨𝐧𝐝 𝐅𝐨𝐬𝐬𝐢𝐥 𝐅𝐮𝐞𝐥𝐬 – 𝐀 𝐍𝐞𝐰 𝐕𝐢𝐬𝐢𝐨𝐧 𝐟𝐨𝐫 𝐍𝐆𝐕𝐬 The automotive natural gas vehicle market is estimated to reach USD 15.64 billion in 2025. It is anticipated to grow at a …

Distribution channels: Automotive Industry ...
Published on April 21, 2025 - 11:25 GMT

China substitutes US oil with Canadian

(MENAFN) China has significantly increased its crude oil imports from Canada while drastically cutting back on purchases from the United States due to ongoing trade tensions, Bloomberg reported on Wednesday. Over the past two months, Washington and Beijing …

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Published on April 21, 2025 - 09:45 GMT

Safety Valve Market Estimated to Grow at 8.01% CAGR, Reaching USD 14.35 Billion by 2032 | Danfoss, General Electric, IMI

Safety Valve Market grows with increasing industrial safety regulations and demand for pressure control in oil, gas, and power sectors. WASHINGTON, WA, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research …

Distribution channels: Business & Economy ...
Published on April 21, 2025 - 12:42 GMT

Personal Care Ingredients Market to Reach USD 34.3 Billion by 2035

The Personal Care Ingredients Market is set to grow from USD 20.5 Billion in 2024 to USD 34.3 Billion by 2035, at a CAGR of 4.8% during the forecast period. INDORE, INDIA, April 21, 2025 /⁨EINPresswire.com⁩/ -- Pivotal factors such as growing …

Distribution channels: Beauty & Hair Care ...

Published on April 21, 2025 - 12:35 GMT

Diesel Generator Market Expected to Hit USD 30 Billion by 2035 at 2.53% CAGR | Generac, Yanmar, Caterpillar, Himoinsa

Diesel Generator Market expands due to growing need for reliable power supply in remote areas, industries, and emergency backup. WASHINGTON, WA, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- Market Research Future …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 11:22 GMT

Pumps Market to Expand at 3.7% CAGR Through 2032 | Sulzer, Grundfos, Danfoss, KSB, Wilo AG, Schlumberger, Flowserve

Rising industrial demand and infrastructure growth drive steady expansion in the global pumps market across various sectors. CALIFORNIA, CA, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research report by …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 10:46 GMT

Synchronous Condenser Market to Grow at 4.60% CAGR By 2032 | Siemens, Eaton, ABB, General Electric, WEG, Andritz

Synchronous Condenser Market sees growth driven by grid stability needs, renewable integration, and rising power quality demands. CALIFORNIA, CA, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research report by …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 11:00 GMT

Submersible Pumps for Mining Sector Market Set to Achieve 4.2% CAGR by 2032 | Sulzer Ltd, Xylem, KSB Group, Grundfos

Rising demand for efficient dewatering boosts growth in the Submersible Pumps for Mining Sector Market NEW YORK, NY, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research report by Market Research Future (MRFR …

Distribution channels: Energy Industry ...

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Published on April 21, 2025 - 14:00 GMT

PM-ProLearn Adds Lean Six Sigma Green Belt to List of GI Bill and VR&E Approved Certifications

KAILUA-KONA, HI, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- PM-ProLearn, owned and operated by veterans, is at the forefront of providing military members and their families with opportunities to improve their careers and lives. Through …

Distribution channels: Education, Energy Industry ...
Published on April 21, 2025 - 12:35 GMT

Diesel Generator Market Expected to Hit USD 30 Billion by 2035 at 2.53% CAGR | Generac, Yanmar, Caterpillar, Himoinsa

Diesel Generator Market expands due to growing need for reliable power supply in remote areas, industries, and emergency backup. WASHINGTON, WA, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- Market Research Future …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 12:15 GMT

KBC TOOLS & MACHINERY CELEBRATES 60 YEARS WITH CUSTOMER APPRECIATION DAYS 2025

Special 60th Anniversary Edition – Deals, Demos & More MISSISSAUGA, ON, CANADA, April 21, 2025 /⁨EINPresswire.com⁩/ -- "Machinists, tool and die makers, quality control specialists, CNC operators, and MRO mavens celebrate KBC Tools & …

Distribution channels: Agriculture, Farming & Forestry Industry, Aviation & Aerospace Industry ...
Published on April 21, 2025 - 12:09 GMT

HVDC Converter Station Market Set for 3.96% CAGR, Reaching USD 9.0 Billion by 2034 | Hitachi, Siemens, ABB, Alstom

HVDC Converter Station Market grows with increasing demand for efficient long-distance power transmission and renewable energy integration. CALIFORNIA, CA, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- According to a …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 12:02 GMT

EPC Consulting Market Set to Witness Significant Growth by 2025-2032 | Wood plc, WorleyParsons

CA, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- The latest report by Coherent Market Insights, titled “EPC Consulting Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2025–2032,” presents a comprehensive analysis of …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 12:00 GMT

Governing Giants Launches: A Groundbreaking Guide to AI Governance for Business Leaders

New Book Equips C-Suite Executives, Risk Managers, and AI Professionals with a NIST-Aligned Framework for Enterprise AI Governance HOUSTON, TX, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- As artificial intelligence continues its rapid …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on April 21, 2025 - 12:00 GMT

Ranial Systems Unveils ConnitEMS™: Revolutionizing Data Center Energy Management with AI-Powered Microgrid Solutions

LONG ISLAND CITY, NY, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- As AI-driven workloads surge and data centers grapple with growing energy demands, Ranial Systems introduces ConnitEMS™, a groundbreaking AI-powered microgrid management …

Distribution channels: Energy Industry, Environment ...
Published on April 21, 2025 - 11:49 GMT

Fluid Power Equipment Market to Expand at 6.4% CAGR Through 2032 | Sparrows Group, Daikin, Bosch Rexroth, Kawasaki

Fluid Power Equipment Market sees steady growth driven by automation, industrial expansion, and energy-efficient system demand CALIFORNIA, CA, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research report by …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 11:43 GMT

Genset Market Anticipated to Achieve USD 68,351.10 Million by 2032 with 5.64% CAGR | Wartsila, Kohler, John Deere, Atlas

Genset Market grows with rising demand for reliable backup power across residential, commercial, and industrial sectors. NEW YORK, NY, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research report by Market …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 11:22 GMT

Pumps Market to Expand at 3.7% CAGR Through 2032 | Sulzer, Grundfos, Danfoss, KSB, Wilo AG, Schlumberger, Flowserve

Rising industrial demand and infrastructure growth drive steady expansion in the global pumps market across various sectors. CALIFORNIA, CA, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research report by …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 11:13 GMT

Gear Motors Industry Set for Robust Growth with 9.52% CAGR by 2030 | Siemens, Eaton, Emerson Electric Co

Gear Motors Market sees growth driven by automation demand, energy efficiency and expanding industrial applications worldwide NEW YORK, NY, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research report by …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 11:00 GMT

Submersible Pumps for Mining Sector Market Set to Achieve 4.2% CAGR by 2032 | Sulzer Ltd, Xylem, KSB Group, Grundfos

Rising demand for efficient dewatering boosts growth in the Submersible Pumps for Mining Sector Market NEW YORK, NY, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research report by Market Research Future (MRFR …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 11:00 GMT

Kevin O’Leary Webinar Recording with Flower Turbines

Kevin O’Leary Webinar Recording with Flower Turbines LUBBOCK, TX, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- Kevin O’Leary (aka Mr. Wonderful) stated that Flower Turbines’ marketing message should be “a better way of doing wind …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on April 21, 2025 - 10:46 GMT

Synchronous Condenser Market to Grow at 4.60% CAGR By 2032 | Siemens, Eaton, ABB, General Electric, WEG, Andritz

Synchronous Condenser Market sees growth driven by grid stability needs, renewable integration, and rising power quality demands. CALIFORNIA, CA, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research report by …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 09:52 GMT

Vacuum Pump Market Set for 4.9% CAGR, Surpassing USD 8,181.00 Million by 2032 | Leybold, ULVAC, Atlas Copco AB, Ebara

Vacuum Pump Market grows with rising demand in semiconductors, pharmaceuticals, and industrial manufacturing applications. CALIFORNIA, CA, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- Market Research Future published a …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 08:53 GMT

CNC Cutting Machines Market to Hit USD 11,671.4 Billion by 2032 with 5.4% CAGR Growth | MultiCam, HOMAG, TRUMPF, MES

CNC Cutting Machines Market grows with rising demand for precision, automation, and efficiency in metal and material fabrication. NEW YORK, NY, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- Market Research Future …

Distribution channels: Energy Industry ...
Published on April 21, 2025 - 08:15 GMT

leagend SOLUTIONS launches UPS Battery Management Solution for Data Centers

leagend SOLUTIONS launches UPS battery management solution to help data centers enhance safety and improve energy efficiency SHENZHEN, GUANGDONG, CHINA, April 21, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2014, leagend SOLUTIONS has …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on April 21, 2025 - 06:00 GMT

Process Insights Unveils the Lab NIR-O: A High-Precision NIR Spectroscopy Breakthrough

Process Insights Launches the GUIDED WAVE Lab NIR-O: Advanced NIR Spectroscopy for Unmatched Precision HOUSTON, TX, UNITED STATES, April 21, 2025 /⁨EINPresswire.com⁩/ -- Process Insights, a global leader in industrial process monitoring solutions, …

Distribution channels: Aviation & Aerospace Industry, Chemical Industry ...
Published on April 21, 2025 - 13:15 GMT

SJW Group Appoints Kay R. New as Chief Human Resources Officer

SAN JOSE, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW), a leading national investor-owned pure-play water and wastewater utility, today announced that its board of directors has appointed Kay R. New as chief human resources officer ( …

Distribution channels: Companies, Energy Industry ...
Published on April 21, 2025 - 12:30 GMT

TMD Energy Limited Announces Pricing of US$10.08 Million Initial Public Offering

KUALA LUMPUR, MALAYSIA, April 21, 2025 (GLOBE NEWSWIRE) -- TMD Energy Limited (the “Company”) (NYSE American: TMDE), together with its subsidiaries is a Malaysia and Singapore based services provider engaged in integrated bunkering services which involves …

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