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Published on Jan 28, 2021

Nigeria’s Duty-Free Export To US Shrinks To $462.2m

Nigeria’s export to the United States under a duty-free policy declined in the first 11 months of 2020, recording $462.2m from January to November. According to the latest African Growth and Opportunity Act policy trade statistics, exports to the US under …

Source: Biz Watch Nigeria - Uncategorized
Published on Dec 27, 2020

Nigeria’s duty-free export to US shrinks to $351.73m

Ife Ogunfuwa Nigeria’s export to the United States under a duty-free policy declined in the first nine months of 2020, recording $351.73m from January to September. According to the latest African Growth and Opportunity Act policy trade statistics, exports …

Source: Punch - Neutral
Published on Nov 12, 2020

BUSINESS MAVERICK: Peak oil demand behind us as pandemic accelerates energy transition, says PwC

Pump jacks of the Inglewood Oil reserve function amid the coronavirus pandemic in Los Angeles, California. US crude oil prices went negative on 20 April as demand disappeared due to lockdown measures. (EPA-EFE / Etienne Laurent) If international …

Source: Daily Maverick - Neutral
Published on Oct 23, 2020

Nigeria’s duty-free export to US shrinks to $300.48m

Ife Ogunfuwa Nigeria’s export to the United States under a duty-free policy declined in the first eight months of 2020, recording $300.48m from January to August. According to the latest African Growth and Opportunity Act policy trade statistics, exports …

Source: Punch - Neutral
Published on Oct 4, 2020

Nigeria’s exports to US fall by 85% in H1

Ife Ogunfuwa Nigeria’s export to the United States under the African Growth and Opportunity Act policy declined in the first half of 2020 to $244.1m. According to the latest AGOA trade statistics, exports to the US under the duty-free policy fell by 85 per …

Source: Punch - Neutral
Published on May 6, 2020

Oil industry revival remains hostage to Covid-19 pandemic

Tuesday, May 5, 2020 22:02 By GEORGE WACHIRA For the oil industry, April was certainly the lowest point in recent years as the sector experienced a major collapse of oil demands. This has caused unplanned oil production cut-backs as storage tanks filled …

Source: Business Daily - Neutral
Published on Apr 26, 2020

How much further can we go as oil sell-off continues?

Sunday, April 26, 2020 21:45 By KEVIN NG'ANG'A | Last week saw US crude futures for May delivery plunge below zero. FILE PHOTO | NMG Last week saw US crude futures for May delivery plunge below zero for the first time ever, June futures dove 43 …

Source: Business Daily - Neutral
Published on Apr 21, 2020

Oil prices now at mercy of new virus, not supply

Tuesday, April 21, 2020 22:00 By GEORGE WACHIRA An oil economist recently opined that oil prices could go negative. FILE PHOTO | NMG An oil economist recently opined that oil prices could go negative. What he meant was that oil production and refining …

Source: Business Daily - Neutral
Published on Apr 16, 2020

How oil logistics firm plans to ride out Covid-19 storm

Thursday, April 16, 2020 21:54 By ELIZABETH KIVUVA The troubles of the global oil industry have faced have been aggravated by the Covid-19 pandemic, with oil prices declining and markets experiencing turbulence. Low demand due to restrictions on …

Source: Business Daily - Neutral
Published on Mar 31, 2020

How Covid-19 is pushing down global prices of oil

Tuesday, March 31, 2020 21:28 By GEORGE WACHIRA Two months ago in this column, I analysed potential impacts of the Coronavirus disease on global oil demand and prices. At the time, the total global coronavirus cases were about 17,000 and 300 deaths, with …

Source: Business Daily - Neutral
Published on Mar 17, 2020

Why oil price wars are not sustainable

Wednesday, March 18, 2020 0:01 By GEORGE WACHIRA We should enjoy the lower prices as long as they last. FILE PHOTO \ NMG Earlier this month, Saudi Arabia increased oil production while also discounting its export oil prices. Brent oil price instantly …

Source: Business Daily - Neutral
Published on Mar 10, 2020

Coronavirus continues to reduce global oil demands and prices

Wednesday, March 11, 2020 0:01 By GEORGE WACHIRA Let us enjoy the unfolding low oil prices while they last. FILE PHOTO | NMG When I wrote about coronavirus in this column six weeks ago, it was about an impending threat to the global economy whose impact …

Source: Business Daily - Neutral
Published on Jan 1, 2020

Key issues that will shape oil sector in 2020 in 2020

Wednesday, January 1, 2020 12:19 By GEORGE WACHIRA Globally, the year 2019 was defined by fairly stable oil prices in the $55-65 per barrel range sustained by oil over-supply across the world. This is despite supply/demand uncertainties caused by …

Source: Business Daily - Neutral
Published on Nov 26, 2019

Why it isn’t easy to finalise oil and gas investment deals

Tuesday, November 26, 2019 22:00 By GEORGE WACHIRA An oil rig in Turkana. FILE PHOTO | NMG I have come to learn and appreciate that with oil and gas projects it is never a done deal until a Final Investment Decision (FID) is penned and ink dried. Prior to …

Source: Business Daily - Neutral
Published on Feb 3, 2017

Analysts warn of tough times ahead in Kenya, citing poor weather

A pastoralist and his son helplessly looks at his starved sheep succumbing to hunger pangs in Kibish area as drought continues to hit parts of Turkana CountyKenyans should brace themselves for tough times as prices of key consumer goods are expected to …

Source: The Standard - Uncategorized
Published on Sep 4, 2019

Why oil prices have defied geopolitics

Tuesday, September 3, 2019 22:56 By GEORGE WACHIRA Crude oil prices have continued to defy negative global supply/demand influences to remain at a persistently low price of around $60 per barrel. Low is here relative when compared with above $100 …

Source: Business Daily - Neutral
Published on Jan 10, 2017

Analysts warn of tough times ahead in Kenya, citing poor weather

A pastoralist and his son helplessly looks at his starved sheep succumbing to hunger pangs in Kibish area as drought continues to hit parts of Turkana County Kenyans should brace themselves for tough times as prices of key consumer goods are expected to …

Source: The Standard - Uncategorized
Published on Apr 15, 2020

SPYING ON CHINA: THE IN-COMING CLASS CAPTAIN

‘’ On December 26th 1991, the Soviet Union died and something new was born, something utterly new – *a unipolar world dominated by a single superpower unchecked by any rival and with decisive reach in every corner of the globe. “This is staggering …

Source: The News Chronicle - Neutral
Published on Apr 14, 2020

Coronavirus Has Created Economic Openings for China in Africa Interest

The global north is in lockdown. Europe and the United States are handling thousands of deaths every day. China and India are in lockdown. Iran is in shambles. Compared to these, Africa seems relatively untouched so far by COVID-19. But the pandemic’s …

Source: Shanghai News.net - 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