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Published on 07:32 GMT

Dangote Refinery turns Nigeria into net crude importer with 10m barrels monthly

President of Dangote Group, Aliko Dangote, has said that his refinery imports between 9 and 10 million barrels of crude from the United States of America and other countries monthly, making the U.S. the net importer of the product to Nigeria. He made this …

Source: Daily Post - Neutral
Published on 04:59 GMT

Dangote: Nigeria, Other African Countries Losing $90bn Market Opportunities to Continued Fuel Imports

•Says international traders frustrating local refining, decries huge port charges •NMDPRA, S&P partner for regional petroleum price index •Downstream regulator says only 31% of needed fuels refined in West Africa •Lokpobiri insists fossil fuels will …

Source: This Day - Pro-Government
Published on 08:50 GMT

Dangote Refinery Exports 1.35 Billion Litres Of Petrol Amid Surging Import Levels

The Dangote Petroleum Refinery has successfully exported over 1.3 billion litres of Premium Motor Spirit (PMS), marking a significant milestone in Nigeria’s evolving energy sector. This development was disclosed by Africa’s richest man and President of the …

Source: Biz Watch Nigeria - Indeterminate
Published on 09:54 GMT

Unlocking Nigeria’s Maritime Future: Lessons from Qingdao Port on Automation, Driving Global Trade

Nigeria’s ports have long struggled under the weight of congestion, inefficiency and outdated processes, costing the economy billions and limiting the country’s trade potential. But halfway across the world, China’s Qingdao Port offers a powerful glimpse …

Source: This Day - Pro-Government
Published on Jul 22, 2025

Dangote Refinery Begins Export Of Petrol, Ships 1 Million Tonnes In 50 Days

The Dangote Petroleum Refinery has officially commenced the export of Premium Motor Spirit (PMS), positioning Nigeria as a net exporter of refined petroleum products for the first time in decades. This development marks a significant milestone in the …

Source: Biz Watch Nigeria - Indeterminate
Published on 07:30 GMT

Africa losing over $90b as ECOWAS countries import 70% petrol

• Dangote, NNPC, NMDPRA push for regional infrastructure integration • ARDA urges $15b Investment amid 1.3mbpd capacity in five countries African is exporting jobs and importing poverty by failing to refine its own crude oil, Africa’s richest man, Aliko …

Source: The Guardian (Nigeria) - Neutral
Published on 11:27 GMT

Dangote warns influx of Russian fuel threatens Africa’s refining industry

Nigerian billionaire Aliko Dangote has warned that heavily discounted Russian petroleum products are flooding African markets, threatening the continent’s emerging refining sector. Speaking at an oil conference in Abuja, Dangote said sanctions on Russian …

Source: Africanews - Neutral
Published on 07:23 GMT

Africa loses $90bn annually to imported substandard fuel -Dangote

… Says international traders frustrating local refineries Aliko Dangote, president/chief executive officer of Dangote Industries Limited, said Africa loses an estimated $90 billion annually to the importation of substandard petroleum products due to …

Source: Business Day - Neutral
Published on 10:23 GMT

Dangote decries Africa’s fuel import paradox

Aliko Dangote, President of Dangote Group, says it is troubling that Africa exports crude oil but imports over 120 million tonnes of refined fuel annually. He stated this on Tuesday in Abuja during the maiden West African Refined Fuel Conference, organised …

Source: Business Day - Neutral
Published on 03:05 GMT

Imperatives of strategic economic reforms in Nigeria’s quest for sustainable economic development (2)

Introduction In the inaugural edition of this treatise, we examined the challenges of the subject matter; the need for major reforms; the concept of sustainable economic development in such areas as agriculture, human capital, environmental stewardship and …

Source: The Sun Nigeria - Indeterminate
Published on 10:42 GMT

US refinery maintenance leads to increased exports of crude oil

During this period, refinery maintenance on the US East Coast drove down US demand for crude oil imports, including imports from Nigeria, and the relatively new Dangote refinery in Nigeria drove up Nigeria’s demand for inputs, including crude oil it …

Source: Hydrocarbon Engineering - Neutral
Published on 04:14 GMT

Beyond GDP: Rethinking Economic Growth Measurement For Inclusive And Sustainable Development In Africa

1 Globally, economic growth is primarily measured by Gross Domestic Product (GDP) or Gross National Product (GNP), both of which are influenced by factors such as investment in capital, technological advancements, infrastructure improvements, …

Source: Daily Independent - Pending
Published on 02:11 GMT

US emerges top supplier of crude to Nigeria — Report

The United States became a net exporter of crude oil to Nigeria in February and March, as crude demand on the United States East Coast slowed due to refinery maintenance. The US Energy Information Administration said in a note on Tuesday that the Dangote …

Source: Punch - Indeterminate
Published on 01:03 GMT

Nigeria awash in dollars as Dangote exports 1.350bn litres of petrol

Aliko Dangote The President of Dangote Group, Alhaji Aliko Dangote, has revealed that his petroleum refinery in Lagos exported one million tonnes of Premium Motor Spirit (petrol) to other countries of the world between June and July this year. Dangote …

Source: Business Hallmark - Neutral
Published on 06:24 GMT

Dangote Refinery imports 10 million barrels of crude monthly from US, others at high cost – Aliko Dangote

The President/Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has revealed that the group’s petroleum refinery imports about 9-10 million barrels of crude every month from the US and other countries. This was made known by Dangote …

Source: Nairametrics - Neutral
Published on 06:30 GMT

NMDPRA Advocates Oil Pricing Template For Africa

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for the creation of a regional oil pricing benchmark tailored to the peculiarities of the West African market. The Authority Chief Executive (ACE), Engr. Farouk Ahmed, …

Source: New Telegraph - Pending
Published on 11:12 GMT

WATCH | Cheap Russian oil products threaten African refineries: Dangote

Despite Africa producing around 7-million barrels of crude oil per day, only 40% of its consumption is refined locally. The continent still imports over 120-million metric tons of refined products annually. Dangote’s refinery, which began operations last …

Source: Times LIVE - Indeterminate
Published on 06:08 GMT

Revoke inactive refinery licences, Dangote urges NMDPRA

On Tuesday, Aliko Dangote, founder and president/chief executive of the Dangote Group, urged the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to cancel inactive refinery licenses or impose annual penalties on holders. …

Source: Premium Times - Neutral
Published on 03:15 GMT

NACC, U.S.-Africa trade desk partner to deepen bilateral relations

The Nigerian-American Chamber of Commerce (NACC), in collaboration with the United States Africa Trade Desk (USATD), has identified agriculture, fashion and technology as key sectors for strengthening Nigeria-United States economic ties. This was the …

Source: The Guardian (Nigeria) - Neutral

05 days 15:48:56

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Published on July 23, 2025 - 09:27 GMT

Oil Refining Market Set to Soar to $3.75 Trillion by 2030: Light Distillates & Deep Conversion Lead Growth

Oil Refining Market Booms with Rising Global Fuel Demand and Strategic Expansion 🌍⚙️ WILMINGTON, DE, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- The global oil refining market is undergoing a significant transformation as it prepares to …

Distribution channels: Business & Economy, Energy Industry ...
Published on July 22, 2025 - 09:29 GMT

Indonesia’s Oil Production Falls Short, Gas Surpasses Forecasts

(MENAFN) Indonesia's crude oil production in the first half of the year averaged 578,000 barrels per day (bpd), falling below the government's budget projection of 605,000 bpd. The shortfall was confirmed on Monday by Djoko Siswanto, head of the …

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Published on July 22, 2025 - 06:21 GMT

Gas Turbine MRO Market to Hit $20.4 Billion by 2032 | Growth Driven by Power Generation Demand

🚀 Global Gas Turbine MRO Industry Growing at 3.5% CAGR | Predictive Maintenance & 3D Printing Trends Lead ⚡ WILMINGTON, DE, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- According to Allied Market Research, the global gas turbine …

Distribution channels: Energy Industry, Manufacturing ...
Published on July 21, 2025 - 17:54 GMT

Gas Compressors Market Outlook 2032: Supporting Oil & Gas and Process Industries with 4.8% CAGR Growth

Gas Compressors Market Outlook 2032: Supporting Oil & Gas and Process Industries with 4.8% CAGR Growth WILMINGTON, DE, UNITED STATES, July 21, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, “Gas Compressors …

Distribution channels: Building & Construction Industry, Manufacturing ...

Published on July 22, 2025 - 18:33 GMT

Hungary states progress of oil pipeline project with Russia, Serbia

(MENAFN) Hungary has announced progress on a collaborative pipeline initiative with Serbia to transport Russian oil, signaling its continued resistance to the European Union's push to cut member states off from Russian energy. Foreign Minister Peter …

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Published on July 22, 2025 - 18:30 GMT

Poland Discovers Massive Oil Field in Baltic Sea

(MENAFN) A major oil field discovery off the Polish coast marks a historic milestone for the country’s energy sector, Canadian company Central European Petroleum revealed Monday. Located in the Baltic Sea just 6 kilometers (3.7 miles) from the northwestern …

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Published on July 22, 2025 - 18:30 GMT

Serbia, Russia, Hungary Advance Joint Oil Project

(MENAFN) Hungary has revealed significant strides in its collaborative effort with Serbia to develop a new oil pipeline that will carry Russian crude. According to Foreign Minister Peter Szijjarto, the initiative is “moving forward,” and he pledged to …

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Published on July 22, 2025 - 18:41 GMT

Colorado School of Mines’ Earth Observation Group Releases Key Data for 2025 Global Gas Flaring Tracker Report

GOLDEN, Colo., July 22, 2025 (GLOBE NEWSWIRE) -- A sharp and concerning rise in global gas flaring has been detected by the Earth Observation Group (EOG) at the Colorado School of Mines. EOG’s findings are reflected in the newly-released World Bank 2025 …

Distribution channels: Consumer Goods, Media, Advertising & PR ...

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Published on July 23, 2025 - 12:04 GMT

Federal Solar Tax Credits Set to Expire: What It Means for Ohio Homeowners

Federal solar tax incentives end on 31st December 2025; Ohio-based YellowLite highlights cost-saving opportunities for residential solar panel installations. CLEVELAND, OH, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- As federal solar tax …

Distribution channels: Energy Industry ...
Published on July 23, 2025 - 11:47 GMT

Aeron Systems Announces New Advanced Manufacturing Facility to Power Global Expansion

The new facility is equipped with cutting-edge technology to enhance production capacity, support innovation, and meet rising global demand. PUNE, MAHARASHTRA, INDIA, July 23, 2025 /⁨EINPresswire.com⁩/ -- Aeron Systems, India’s leading developer …

Distribution channels: Aviation & Aerospace Industry, Electronics Industry ...
Published on July 23, 2025 - 11:30 GMT

After Landmark Announcements at the PA Innovation and Energy Summit, Companies Urged to Attend AI Energy Conference 2

PITTSBURGH, PA, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- In the wake of pivotal developments unveiled at the PA Innovation and Energy Summit, organizations across the energy, technology, and infrastructure sectors are strongly …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on July 23, 2025 - 11:29 GMT

AI and Global Collaboration Take Center Stage at Newsmatics’ Prague Workshop

Global teams met to discuss advancing products such as EIN Presswire, Perspectify and the Newsmatics News Index during strategy workshops. WASHINGTON , DC, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- Newsmatics, a leader in AI-powered …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on July 23, 2025 - 10:54 GMT

Natural Gas Price Movement Q2 2025: Track Current Real-Time Prices, Historical Price Chart and Forecast

Q2 2025 saw varied natural gas prices: US softened; China subdued. Saudi Arabia and India stable. Brazil experienced downward pressure. BROKLYN, NY, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- Navigating the Natural Gas Prices: A Q2 2025 …

Distribution channels: Chemical Industry, Energy Industry ...
Published on July 23, 2025 - 09:45 GMT

Naba Alsaha and Strataphy Partner to Launch One of Saudi Arabia’s First Geothermal-Cooled Hospitals

Naba Alsaha partners with Strataphy to launch Saudi's first geothermal-cooled hospital, reducing energy use, emissions, and operational costs. ALKHOBAR, EASTERN, SAUDI ARABIA, July 23, 2025 /⁨EINPresswire.com⁩/ -- In a pioneering step for …

Distribution channels: Banking, Finance & Investment Industry, Chemical Industry ...
Published on July 23, 2025 - 09:45 GMT

US Navy Veterans Lung Cancer Advocate Urges the Family of a Navy Veteran-Trades Worker to Call About Compensation If the ...

WASHINGTON , DC, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- The US Navy Veterans Lung Cancer Advocate says, "If your husband or dad has recently been diagnosed with lung cancer and they were exposed to asbestos as part of their job …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on July 23, 2025 - 09:28 GMT

Electrical House (E-House) Market to Reach $2.3 Billion by 2030, Driven by Industrial Growth & Mobile Substation Demand

Rising Demand for Modular Power Solutions Propels Electrical House (E-House) Market Toward $2.3 Billion by 2030 WILMINGTON, DE, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- The Future of Modular Power: Electrical House (E-House) Industry …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on July 23, 2025 - 09:27 GMT

Oil Refining Market Set to Soar to $3.75 Trillion by 2030: Light Distillates & Deep Conversion Lead Growth

Oil Refining Market Booms with Rising Global Fuel Demand and Strategic Expansion 🌍⚙️ WILMINGTON, DE, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- The global oil refining market is undergoing a significant transformation as it prepares to …

Distribution channels: Business & Economy, Energy Industry ...
Published on July 23, 2025 - 09:15 GMT

Hengtong Made a Brilliant Appearence at the 3rd China International Supply Chain Expo

Hengtong (SH:600487) SHANGHAI, SHANGHAI, CHINA, July 23, 2025 /⁨EINPresswire.com⁩/ -- From July 16 to 20, the 3rd China International Supply Chain Expo (CISCE), themed "Connecting the World for a Shared Future," was grandly held in Beijing under …

Distribution channels: Conferences & Trade Fairs, Energy Industry ...
Published on July 23, 2025 - 08:16 GMT

Stationary Fuel Cell Market Surges Toward $9 Billion by 2031 with 13.1% CAGR

Stationary Fuel Cell Market to Reach $9.0 Billion by 2031, Driven by Clean Energy Demand 🌱 WILMINGTON, DE, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- According to a new report by Allied Market Research, the stationary fuel cell market …

Distribution channels: Energy Industry, Technology ...
Published on July 23, 2025 - 08:12 GMT

Global Buyers & Sellers Set to Converge in Dubai for the Rex Fuels Global Expo & Conference 2025

Rex Fuels Global Expo & Conference 2025 to be held at Conrad Dubai, Sheikh Zayed Road on 18th & 19th August 2025 DUBAI, DUBAI, UNITED ARAB EMIRATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- In a rapidly shifting global economy, where energy …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on July 23, 2025 - 07:19 GMT

Generator Market to Reach $74.1 Billion by 2032, Driven by Industrial and Backup Power Demand

Industrial Growth and Power Security Drive Global Generator Market Expansion at 4.8% CAGR WILMINGTON, DE, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- The global generator market is experiencing a notable resurgence as industries, …

Distribution channels: Energy Industry, Manufacturing ...
Published on July 23, 2025 - 07:03 GMT

ADIPEC 2025 Technical Conferences achieve record submissions driven by practical applications of AI in the energy sector

ABU DHABI, UNITED ARAB EMIRATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- Joint paper submissions across both Technical Conferences increased by 7% over last year to a record 7,086 – of which 6,286 were from the Technical Conference organised by SPE …

Distribution channels: Business & Economy, Chemical Industry ...
Published on July 23, 2025 - 06:51 GMT

Princia Awarded $15,000 for Light Pollution Research

Student-Led Nonprofit Princia Receives Prestigious Christine Stevens Wildlife Award to Combat the Growing Crisis of Light Pollution VA, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- The Animal Welfare Institute has recognized Princia for …

Distribution channels: Education, Energy Industry ...
Published on July 23, 2025 - 06:05 GMT

Thermoelectric Generator Market to Hit $1.44 Billion by 2030, Driven by Waste Heat Recovery & Aerospace Applications

♻️ Rising Demand for Clean Energy Spurs Growth in Thermoelectric Generator Market at 11.8% CAGR WILMINGTON, DE, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- Thermoelectric Generator Industry: Unlocking Power from Heat Differentials The …

Distribution channels: Energy Industry, Manufacturing ...
Published on July 23, 2025 - 04:00 GMT

BLUETTI Unveils Apex 300 Power Station in Canada as Demand for Backup Power and Off-Grid Solutions Rises

TORONTO, ONTARIO, CANADA, July 22, 2025 /⁨EINPresswire.com⁩/ -- As Canadians face increasingly frequent power outages and turn to off-grid lifestyles and RV travel, BLUETTI has launched the Apex 300, a next-generation modular power station designed …

Distribution channels: Business & Economy, Consumer Goods ...
Published on July 22, 2025 - 23:37 GMT

Nikki Clarke Network to Host Dr. Linda Pajoel and Other Speakers at 2025 Canada-Africa Trade & Investment Expo

Premier Canada-Africa forum set to unlock new investment frontiers in Toronto TORONTO, ONTARIO, CANADA, July 22, 2025 /⁨EINPresswire.com⁩/ -- The Organizing Committee of the Canada-Africa Trade & Investment Expo 2025 is proud to announce the …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on July 22, 2025 - 19:00 GMT

Deltron Electric Shares Key Information About Safe EV Charger Installation

Deltron Electric provides insight on how to safely integrate EV chargers into home electrical systems. COCOA, FL, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Deltron Electric has reported an increase in service requests following …

Distribution channels: Business & Economy, Companies ...
Published on July 22, 2025 - 18:03 GMT

Micro Inverter Market Future Outlook | Key Players, Regional Share, and Forecast Growth to 2031

Micro Inverter Market to grow from USD 2.8 Bn in 2022 to USD 8.5 Bn by 2031, at a CAGR of 20.5% during 2024–2031. AUSTIN, TX, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Global Micro Inverter Market Surges with Solar Energy Boom and Smart …

Distribution channels: Energy Industry ...