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Published on Mar 11, 2019

US slashes imports of Nigerian crude by 43% - The Punch

’Femi Asu The United States cut its imports of Nigerian crude oil by 48.87 million barrels or 43 per cent in 2018, according to the latest data released by the Energy Information Administration. The US imports of Nigerian crude fell to 64.06 million …

Source: Google News - Uncategorized
Published on Oct 8, 2020

Canadian oilmen drill the government for aid

Finding oil looks like a doddle in comparison Oct 10th 2020 IN FRIGID WATERS 350km east of Newfoundland, the West White Rose project is designed to produce up to 75,000 barrels of oil a day. Whether it actually pumps a drop is a separate question. In …

Source: The Economist - Neutral
Published on Jul 26, 2017

EXXON MOBIL : US shale oil’s resilience is the real story

By John Defterios, Special to Gulf News It’s not $147 (Dh540) a barrel during oil’s historic peak in July 2008; nor is it $26 a barrel where we found ourselves in January 2016, but finding clarity on the price of crude is proving more elusive than ever. I …

Source: 4-traders - Uncategorized
Published on Jul 26, 2017

US shale oil’s resilience is the real story

That and Iran’s upcoming mega deals in energy sector will have a bearing on future pricing It’s not $147 (Dh540) a barrel during oil’s historic peak in July 2008; nor is it $26 a barrel where we found ourselves in January 2016, but finding clarity on the …

Source: Gulf News - Uncategorized
Published on Jul 17, 2017

This is why US shale oil has surged and is weighing on prices

A surge in the US oil shale industry has been one of the major contributors to the fall in oil prices this year. In July alone, 2.4m barrels per day is expected to come from the US Permian basin which is spread between west Texas and eastern New Mexico. So …

Source: City A.M. - Uncategorized
Published on Jun 10, 2020

COVID-19 economic crisis: When foreign loan is detrimental to local economy

By Samuel. J. Samuel Since the outbreak of (COVID-19) in November 2019 in Wuhan, China, the virus has spread to 213 countries and territories around the world. As of 5th June, 2020, there has been 6,714,335 cases recorded with 393,408 deaths (11%). In …

Source: The Nation (Nigeria) - Uncategorized
Published on Feb 21, 2019

Oil Markets Poised For A Breakout - OIR 190219 - Proshare Nigeria Limited

Tuesday, February 19, 2019 06:41PM / By Tom Kool, News Editor, Oilprice.com Today, we will take a quick look at some of the critical figures and data in the energy markets this week and then look at some of the key market movers early this week …

Source: Google News - Uncategorized
Published on Jun 26, 2017

Busted: OPEC’s crisis diplomacy fails as shale oil revolution booms

by WorldTribune Staff, June 26, 2017 OPEC’s oil producer club “is facing a crisis of old age,” an industry analyst said. OPEC “is falling apart internally, confounded by the world and increasingly irrelevant,” according to Julian Lee, a senior analyst at …

Source: World Tribune - Right-wing
Published on Feb 3, 2019

Oil Rises 18% In Best January On Record - Proshare Nigeria Limited

Friday, February 01, 2019 07:32 PM / By Tom Kool Editor, Oilprice.com Oil prices rose almost 2 percent on Friday morning, closing higher for the week, with traders turning turned bullish once again as a result of lower OPEC+ supply and global …

Source: Google News - Uncategorized
Published on Oct 4, 2018

On Economic Implications for Governance, Business, Development of Fluctuating Oil Revenues in Nigeria

Oil revenue has been and still is the mainstay of the national economy and is likely to remain so for a long time to come, as it currently provides the bulk of government revenue and most of the foreign exchange earnings. At present, crude oil exports …

Source: The News Chronicle - Neutral
Published on Oct 3, 2018

Implications of fluctuating oil revenues in Nigeria

Oil revenue has been and still is the mainstay of the national economy and is likely to remain so for a long time to come, as it currently provides the bulk of government revenue and most of the foreign exchange earnings. At present, crude oil exports …

Source: The Nation (Nigeria) - Uncategorized
Published on Jan 29, 2019

Nigeria, Morocco gas pipeline to supply 15 countries - The Punch

Okechukwu Nnodim, Abuja Nigeria and Morocco have completed the feasibility study for the construction of the 5,660km Nigeria-Morocco Gas Pipeline and the facility will supply gas to at least 15 countries in West Africa, the Group Managing Director of the …

Source: Google News - Uncategorized
Published on Jan 29, 2019

Nigeria, Morocco gas pipeline to supply 15 countries

Okechukwu Nnodim, Abuja Nigeria and Morocco have completed the feasibility study for the construction of the 5,660km Nigeria-Morocco Gas Pipeline and the facility will supply gas to at least 15 countries in West Africa, the Group Managing Director of the …

Source: Punch - Neutral
Published on May 26, 2017

OPEC and US shale oil producers set to talk

Vienna - After a bruising recent fight, now ended, in which Saudi Arabia pumped more and more oil to drive shale producers out of business, US oil shale bankers came to Vienna this week and top OPEC oil officials are planning a trip to Texas. The US shale …

Source: Digital Journal - Neutral
Published on May 26, 2017

OPEC ponders how to co-exist with U.S. shale oil

By Ernest Scheyder VIENNA (Reuters) – First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas. The history of the relationship between OPEC and the U.S. shale oil industry has evolved a …

Source: Euronews - Neutral
Published on May 26, 2017

Fitch: OPEC deal to cut oil inventories, but shale oil is key long-term factor

Fitch: OPEC deal to cut oil inventories, but shale oil is key long-term factor Baku, Fineko/abc.az. Fitch Ratings says that OPEC’s decision to extend production cuts by nine months should provide some support for oil prices around the average year-to- …

Source: Azerbaijan Business Center - Uncategorized
Published on Jan 27, 2019

Oil Prices Unmoved By Venezuela Turmoil - Proshare Nigeria Limited

Saturday, January 26, 2019 10.:05 PM / By Tom Kool Editor, Oilprice.com Oil prices rose somewhat on Friday morning, but gains were capped by uncertainty about the U.S.-China trade conflict, a rising rig count and concerns about global economic …

Source: Google News - Uncategorized
Published on Mar 2, 2017

Kachikwu: OPEC Must Lower Production Costs to Compete With Shale Oil

Ejiofor Alike with agency reports The Minister of State for Petroleum, Dr. Ibe Kachikwu, has stated that the members of the Organisation of the Petroleum Exporting Countries (OPEC) must lower the costs of oil production to compete better with shale …

Source: This Day - Uncategorized
Published on Jan 7, 2019

Weekly Economic Index: Oil prices rise over US-China trade talks, Nigeria to honor less than half of non-oil exports ...

Nigeria’s Federal Government revealed in its 2019 budget that it would only honor N5.12 billion of accrued non-oil exports debt. With the non-oil export debts at N1.2 trillion, the FG’s half-hearted commitment means it would only be paying less than 50 …

Source: Ventures Africa - Neutral

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Published on February 16, 2021 - 18:57 GMT

Oilfield Chemicals Market Size to Garner USD 1.56 Billion Revenue by 2025 at 4.6% CAGR, Estimates Market Research Future ...

Pune, India, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Global Oilfield Chemicals Market Overview: Market Research Future (MRFR) projects the Oilfield Chemicals Market is anticipated to procure a market value of USD 1.56 billion while expanding at a CAGR of 4.6% by …

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Published on January 19, 2021 - 07:56 GMT

Oilfield Equipment Market Size Worth $144.43 Bn By 2027 | CAGR of 2.8%; Oil and gas play a crucial part in the global ...

New York, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Market Size – USD 115.36 Billion in 2019, Market Growth – at a CAGR of 2.8%, Market Trends –Redevelopment of mature oil wells. The global oilfield equipment market is forecast to reach a market size of USD 144.43 …

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Published on January 6, 2021 - 13:14 GMT

Oil Shale Market is Generating Revenue of $5,636 million by 2025, at CAGR 16.7% Growth Rate

Oil shale market is projected to reach $5,636 million by 2025, growing at a CAGR of 16.7% from 2018 to 2025. PORTLAND, OREGON , UNITED STATES, January 6, 2021 /⁨EINPresswire.com⁩/ -- Global oil shale market was valued at $1,609 million in 2017, …

Distribution channels: Business & Economy, Companies ...
Published on December 22, 2020 - 16:35 GMT

Global Artificial Lift System Market to register a CAGR of 6.5% during the forecasted period - by PMI

Covina, CA, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Artificial lift is a method used to lower the producing bottom hole pressure (BHP) on the formation to obtain a higher production rate from the well. Increasing efforts by upstream companies to enhance the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on April 11, 2019 - 09:30 GMT

United States Eagle Ford Shale Oil and Gas Shale Market Analysis 2013-2018 and Outlook 2019-2023

Dublin, April 11, 2019 (GLOBE NEWSWIRE) -- The "Eagle Ford Shale in the US, 2019 - Oil and Gas Shale Market Analysis and Outlook to 2023" report has been added to ResearchAndMarkets.com's offering. "Eagle Ford Shale in the US, 2019 - Oil …

Distribution channels: Banking, Finance & Investment Industry, Technology ...
Published on December 7, 2020 - 15:00 GMT

Barite Market Size to Reach $2.4 Billion by 2027 | CAGR: 7.3%: AMR

Portland, OR, Dec. 07, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global barite market garnered $1.4 billion in 2019, and is projected to generate $2.4 billion by 2027, growing at a CAGR of 7.3% from 2020 to …

Distribution channels: Book Publishing Industry, Science ...
Published on December 1, 2020 - 19:00 GMT

Barite Market Increasing Growth $2.4 billion at CAGR of 7.3% from 2020 to 2027 | Allied Market Research

Barite, which may be found in a variety of colors, including yellow, brown, white, blue, gray, or even colorless, has a vitreous to pearly luster. PORTLAND, OREGON, UNITED STATES, December 2, 2020 /⁨EINPresswire.com⁩/ -- Allied Market Research …

Distribution channels: Business & Economy, Chemical Industry ...
Published on November 23, 2020 - 19:15 GMT

How Will the Energy Market Rebalance Itself During a Recovery?

As the economy restarts, will the energy markets be changed forever? Probably so. Let’s take at what we can anticipate in the coming weeks, months, & years. AUSTIN, TEXAS, UNITED STATES, November 23, 2020 /⁨EINPresswire.com⁩/ -- Current State …

Distribution channels: Automotive Industry, Energy Industry ...

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Published on March 3, 2021 - 21:03 GMT

Cielo Announces Letter of Intent for CDN$10M Convertible Loan for Edmonton Land Purchase and Loan Repayment

Cielo Waste Solutions Corp. (CSE:CMC.CN) RED DEER, ALBERTA, CANADA, March 3, 2021 /⁨EINPresswire.com⁩/ -- Cielo Waste Solutions (CSE: CMC), (OTCQB: CWSFF), (CNSX:CMC.CN), (WKN:C36) ("Cielo" or the "Company") is pleased to …

Distribution channels: Energy Industry, Environment ...
Published on March 3, 2021 - 17:08 GMT

WhereOS data innovation platform launched

WhereOS facilitates faster innovation for data driven businesses. WhereOS is holistic solution for companies who want to get more value out of their data. HELSINKI, FINLAND, March 3, 2021 /⁨EINPresswire.com⁩/ -- WhereOS facilitates faster …

Distribution channels: Automotive Industry, Business & Economy ...
Published on March 3, 2021 - 14:42 GMT

Machfu Expands Capability of the MACHREACTOR

Data reliability and bandwidth-conserving features delivered with MQTT/SparkPlug B ROCKVILLE, MD, USA, March 3, 2021 /⁨EINPresswire.com⁩/ -- Machfu, a leader in industrial internet of things solutions, has added new efficiency features of MQTT …

Distribution channels: Business & Economy, Companies ...
Published on March 3, 2021 - 14:00 GMT

ETAP & HyperloopTT partner on Sustainable Energy Systems

ETAP collaborates with HyperloopTT to design & operate hyperloop systems, including prototypes & commercial sites in UAE & USA, utilizing green technologies. IRVINE, CALIFORNIA, UNITED STATES OF AMERICA, March 3, 2021 /⁨EINPresswire.com⁩…

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on March 3, 2021 - 14:00 GMT

How AI and Video Content Management Systems Help Organizations Quickly Search for the Right Video in a Large Library?

Through VIDIZMO and it's AI capabilities, your employees can quickly find the right video as needed, without having to go through 100s of videos. TYSONS, VIRGINIA, UNITED STATES, March 3, 2021 /⁨EINPresswire.com⁩/ -- Video use has increased in …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on March 3, 2021 - 13:45 GMT

Nucleus Security Closes Series A Funding Round with Arthur Ventures

Funding will allow the company to accelerate growth of its unique vulnerability management solution and break into new markets. SARASOTA, FLORIDA, UNITED STATES, March 3, 2021 /⁨EINPresswire.com⁩/ -- Nucleus Security, a vulnerability management …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 01:11 GMT

Stelco Holdings Inc. and Bedrock Industries Cooperatief U.A. Announce Secondary Bought Deal Equity Offering

Not for distribution to U.S. news wire services or dissemination in the United States. HAMILTON, Ontario, March 03, 2021 (GLOBE NEWSWIRE) -- Stelco Holdings Inc. (“Stelco” or the “Company”), (TSX: STLC) and Bedrock Industries Cooperatief U.A. (the “Selling …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry
Published on March 3, 2021 - 12:07 GMT

BSI (British Standards Institution) partners with Guildhawk to localise web content to help take its message global

Guildhawk provides translation and localisation of new website content for BSI, the business improvement company. LONDON, UNITED KINGDOM, March 3, 2021 /⁨EINPresswire.com⁩/ -- BSI, also known as the British Standards Institution, the business …

Distribution channels: Aviation & Aerospace Industry, Building & Construction Industry ...
Published on March 3, 2021 - 12:00 GMT

ZE PowerGroup and Kpler Announce Partnership to Provide Increased Access to Kpler Commodity Data

The New Alliance Will Enable Customers to Tap into Trusted Data through an Award-Winning Platform RICHMOND, BRITISH COLUMBIA, CANADA, March 3, 2021 /⁨EINPresswire.com⁩/ -- ZE PowerGroup Inc. (ZE) and Kpler are excited to join hands and offer …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on March 3, 2021 - 12:00 GMT

Canada-Romania Partnership in Nuclear Technologies Event

March 2 & 3, 2021 the OCNI, ROMATOM, Nuclearelectrica and the Embassy of Canada to Romania held the “Canada-Romania Partnership in Nuclear Technologies” event. PICKERING, ON, CANADA, March 3, 2021 /⁨EINPresswire.com⁩/ -- Over the course of …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 3, 2021 - 23:19 GMT

Parex Resources Announces 2020 Full Year Results

CALGARY, Alberta, March 03, 2021 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT) is a company headquartered in Calgary, Alberta that focuses on sustainable, profitable, conventional oil and gas production. The Company is …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on March 3, 2021 - 22:30 GMT

Global Water Resources Reports Fourth Quarter and Full Year 2020 Results

PHOENIX, March 03, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported results for the year ended December 31, 2020. All annual comparisons are to the previous year …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 3, 2021 - 22:15 GMT

Peyto Returns To Profitability With Q4 2020 Results

CALGARY, Alberta, March 03, 2021 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (“Peyto” or the “Company”) today reports operating and financial results for the fourth quarter and 2020 fiscal year. A 55% operating margin1 combined with …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 3, 2021 - 22:11 GMT

Egypt: the African Development Bank approves a loan of over $27 million to establish Kom Ombo solar power plant

Download logo The African Development Bank’s Board of Directors (www.AfDB.org) today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 3, 2021 - 21:12 GMT

Join U.S. Secretary of Energy Jennifer M. Granholm for a Roundtable on Strengthening America’s Manufacturing & ...

OFFICE of ENERGY EFFICIENCY & RENEWABLE ENERGY Forrestal Building 1000 Independence Avenue, SW Washington, DC 20585

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Published on March 3, 2021 - 16:57 GMT

DOE Announces New Senior Leaders

Jigar Shah to Lead Loan Programs Office, Karen Skelton to Serve as Senior Advisor to the Secretary WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced new senior leadership appointees, who will help the agency deliver on the Biden …

Distribution channels: Energy Industry
Published on March 3, 2021 - 16:57 GMT

Trail Cameras Deployed at LM's Monticello Site Capture Wildlife Photos

Joyce Chavez, the LM Reuse Asset manager, was pleased with the results. “I am so excited to see all of the wildlife activity on the site, as so many of our LM sites in the western United States are ideal for promoting native ecology,” she said. From …

Distribution channels: Energy Industry
Published on March 3, 2021 - 15:44 GMT

Just Energy Files Petition with the Public Utility Commission of Texas for Relief from ERCOT Settlements Related to the ...

TORONTO, March 03, 2021 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (“Just Energy” or the “Company”) (TSX:JE; NYSE:JE), a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable …

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Published on March 3, 2021 - 15:09 GMT

Penn Virginia Schedules Conference Call for Fourth Quarter and Full-Year 2020 Results

HOUSTON, March 03, 2021 (GLOBE NEWSWIRE) -- Penn Virginia Corporation ("Penn Virginia" or the "Company")(NASDAQ:PVAC) announced today that it will release fourth quarter and full-year 2020 results after the market closes on Monday, …

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Published on March 3, 2021 - 14:37 GMT

Exxon Must Change Direction, Not Just Appoint New Board Candidates

NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) -- The Coalition United for a Responsible Exxon (CURE) today issued the following statement in regards to recent disclosures by ExxonMobil Corporation (NYSE: XOM) (“Exxon” or the “Company”): Exxon has demonstrably …

Distribution channels: Energy Industry