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Published on 11:41 GMT

The upheaval in Syria, a political crisis in South Korea, and Saudi hosting the 2034 FIFA World Cup – a look at what ...

Welcome to this week’s roundup of key global events and developments shaping politics, economics, and society. From groundbreaking policy shifts and diplomatic manoeuvres to emerging stories of resilience and upheaval, we bring you the latest updates and …

Source: The Indian Express - Center-left
Published on 10:39 GMT

Oil Prices Forecasted to Enter Boom Cycle by 2035 Amid Rising Global Demand

The global oil market is on the brink of a significant upsurge in prices, anticipated to commence by the middle of the next decade due to sustained demand growth in markets like China, reports consultants Rapidan Energy Group. The advisory firm predicts …

Source: Global Trade - Texas - Neutral
Published on Dec 13, 2024

Oil rises by 1% in a 3-week period as sanctions on Russia and Iran increase

The price of oil rose by about 1% on Friday to a record high for three weeks, as a result of expectations that additional sanctions against Russia and Iran would tighten up supplies. Lower interest rates in Europe or the U.S. may also boost the demand for …

Source: World Energy News - Connecticut - Label Pending
Published on Dec 13, 2024

OPEC Revises Forecasts and Cadre: Decline in Global Oil Demand Expected

The Organization of the Petroleum Exporting Countries (OPEC) has once again lowered its forecast for global oil demand growth in 2024. According to the latest monthly report, demand growth will only amount to 1.61 million barrels per day (bpd) in the …

Source: Vindobona - Neutral
Published on Dec 13, 2024

Oil edges lower on 2025 supply surplus forecast, but set to notch weekly gain

By Florence Tan SINGAPORE (Reuters) – Oil prices inched lower on Friday as investors focused on a forecast of ample supply and shrugged off expectations of higher demand next year from Chinese stimulus measures, while eyeing another Federal Reserve …

Source: The Print - Neutral
Published on Dec 13, 2024

Nigeria retained spot as Africa’s biggest oil producer in November, says OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria has retained its position as the largest oil producer in Africa. In its latest monthly report on Wednesday, OPEC said Nigeria’s oil output increased in November to 1.48 million …

Source: The Cable - Neutral
Published on Dec 13, 2024

Iranian oil prices to China hit new multi-year highs as sanctions hit

SINGAPORE: The price of Iranian crude oil sold to China has risen to the highest in years as fresh US sanctions have tightened shipping capacity and driven up logistics costs, trade sources and analysts said. Rising prices for Iranian oil as well as …

Source: Business Recorder - Neutral
Published on Dec 13, 2024

Oil stabilises on course for first weekly gain in three

SINGAPORE: Oil prices stabilised on Friday, heading for their first weekly rise since the end of November, as additional sanctions on Iran and Russia ratcheted up supply worries, while a surplus outlook weighed on markets. Brent crude futures edged up 7 …

Source: Business Recorder - Neutral
Published on Dec 12, 2024

Indonesia plans oil storage facility near Singapore to improve energy self-sufficiency: Minister

JAKARTA: Indonesia plans to build an oil storage facility on an island near Singapore - aligning with President Prabowo’s goals for energy self-sufficiency - amid geopolitical uncertainty, according to a government minister. On Wednesday (Dec 11) Minister …

Source: Channel News Asia - Pro-Government
Published on Dec 12, 2024

Nigeria retains top spot as Africa’s biggest oil producer

The Organisation of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria retained its position as the largest oil producer in Africa. OPEC, in its latest monthly report on Wednesday for the month of November, said Nigeria’s oil output …

Source: Zawya - Uncategorized
Published on Dec 12, 2024

IEA lifts 2025 oil-demand forecast but expects growth to remain subdued

The Paris-based organization now forecasts global demand to grow by 1.1 million barrels a day in 2025 from 990,000 barrels a day previously. Estimates for this year were instead cut to 840,000 barrels a day from 921,000 barrels a day, largely due to lower- …

Source: Mint - Neutral
Published on Dec 11, 2024

Nigeria retains top spot in Africa as OPEC’s oil production rises in November

Nigeria has maintained its top spot as Africa’s largest oil producer, according to the Organisation of the Petroleum Exporting Countries (OPEC). In its Monthly Oil Market Report (MOMR) for November, OPEC revealed that Nigeria’s oil production rose to 1.48 …

Source: Nairametrics - Neutral
Published on Dec 12, 2024

Oil production hits 1.7mbpd – FG

The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in November 2024, up from 1.538mbpd recorded in October 2024. According to the latest data released by the …

Source: Punch - Uncategorized
Published on Dec 11, 2024

PTT Hosts Forum on Clean Energy for Thailand

PUBLISHED : 11 Dec 2024 at 15:50 Energy pricing volatility continues to pressure Thailand’s power sector and related industries. Decisions on further crude oil production by OPEC+, coupled with geopolitical unrest, post-USA election policies, and China’s …

Source: Bangkok Post - Center-right
Published on Dec 11, 2024

UPDATED: Nigeria’s Crude Oil Production Rises To 1.48m bpd In November – OPEC

December 11, (THEWILL) – Nigeria’s crude oil production, excluding condensate, increased to an average of 1.48 million barrels per day (bpd) in November 2024, representing a 15.3 percent rise compared to the 1.3 million bpd recorded in October, the …

Source: The Will - Neutral
Published on Dec 12, 2024

IEA revises downward global oil demand forecast for 2024, expects surplus

MOSCOW, December 12. /TASS/. The International Energy Agency (IEA) has lowered its forecast for oil demand growth in 2024 by 80,000 barrels per day (bpd), to 840,000 bpd, due to weaker data from China, Saudi Arabia and Indonesia, the organization’s …

Source: TASS - Gov't Propaganda
Published on Dec 12, 2024

Oil steady amid diverging factors affecting global markets

Singapore: Oil prices steadied in Asian trade on Thursday as forecasts of weak demand and a higher-than-expected rise in US gasoline and distillate inventories stemmed gains from an additional round of EU sanctions threatening Russian oil flows. Brent …

Source: The Peninsula - Gov't Propaganda
Published on Dec 11, 2024

Singapore GDP growth forecasted to ease to 2.4% in 2025

Manufacturing sector is anticipated to remain a key driver of economic growth. Singapore’s GDP growth for 2025 is expected to moderate to 2.4%, down from an estimated 3.0% in 2024, CGS International (CGSI) said. In its report, CGSI stated the manufacturing …

Source: Singapore Business Review - Neutral
Published on Dec 11, 2024

China's imports of Russian oil up by 10% month-on-month in October — OPEC

MOSCOW, December 11. /TASS/. China increased oil imports from Russia in October compared to September by 10%, according to the December report. Overall, Russia accounted for 22% of China's total oil imports in October, compared to 19% a month …

Source: TASS - Gov't Propaganda

18 days 10:31:40

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Published on December 11, 2024 - 13:00 GMT

Parex Resources Announces Enhanced Strategic Partnership with Ecopetrol and Provides Operational Update

CALGARY, Alberta, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce that they have executed agreements whereby Parex will earn a 50% …

Distribution channels: Companies, Media, Advertising & PR ...
Published on December 12, 2024 - 14:51 GMT

Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more shares in NAT

Thursday, December 12, 2024 Dear Shareholders and Investors, This is to inform you that I personally and a company owned and guaranteed by me have today bought 100,000 shares in NAT at the price of USD 2.6129 per share. Following this transaction …

Distribution channels: Shipping, Storage & Logistics ...

Published on December 10, 2024 - 15:03 GMT

Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares

Tuesday, December 10, 2024 Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 50,000 shares at $2.6932 per share. He is now holding 3,600,000 shares. Following this transaction, the Hansson family …

Distribution channels: Shipping, Storage & Logistics ...

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This is a listing of the world’s TV stations, radio stations, newspapers, and blogs. Last update: 11/19/2024

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Published on December 14, 2024 - 22:01 GMT

James Michael Matthew’s Vision for Climate Change: Launching the Movement Behind Building Fjords in the Great Deserts

Transforming Arid Landscapes into Thriving Ecosystems: A Bold Blueprint for Climate Solutions and Global Collaboration GLENDALE, CA, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- James Michael Matthew, an award-winning author and …

Distribution channels: Book Publishing Industry, Business & Economy ...
Published on December 14, 2024 - 15:18 GMT

Middle East Energy Powers Up with New Features, Product Sectors, and Industry Conferences

DUBAI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The expanded 2025 edition of Middle East Energy, the region’s leading energy exhibition bringing together the leading lights of the industry, will feature a host of new shows, …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:17 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:15 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:06 GMT

Longi Hi Mo X6 Artist by Longi Green Energy Technology Co.,Ltd. Wins Iron in A' Energy Industry Awards

Innovative Solar PV Module Recognized for Exceptional Design, Efficiency, and Aesthetic Appeal in Prestigious International Design Competition COMO, CO, ITALY, December 14, 2024 /⁨EINPresswire.com⁩/ -- The A' Design Award, a highly respected …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on December 13, 2024 - 23:30 GMT

Batteryless Storage Solutions Market to Grow at a 29.6% CAGR, Surpassing US$ 9.2 Bn by 2034

The global batteryless storage solutions market, valued at $540 million in 2023, is projected to grow at a 29.6% CAGR, reaching $9.2 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global batteryless …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 23:15 GMT

Advanced Wind Turbine Blade Materials Market to Reach US$ 9.8 Bn by 2034, Expanding at a 6.3% CAGR

The global advanced wind turbine blade materials market, valued at $5.0 billion in 2023, is projected to grow at a 6.3% CAGR, reaching $9.8 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 23:00 GMT

Paper-based Biofuel Cell Market Forecast: From US$ 300.0 Mn in 2023 to US$ 580.0 Mn by 2034

The global paper-based biofuel cell market, valued at $300 million in 2023, is projected to grow at a 6.3% CAGR, reaching $580 million by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global paper-based biofuel …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:45 GMT

Floating Wind Turbines Market Trends: Valued at US$ 4.9 Bn in 2023, Projected to Reach US$ 83.4 Bn by 2034

The global floating wind turbines market, valued at $4.9 billion in 2023, is projected to grow at a 29.4% CAGR, reaching $83.4 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global floating wind …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:30 GMT

Smart Bins for Waste Management Market Forecast: From US$ 75.3 Mn in 2023 to US$ 292.4 Mn by 2034

The global smart bins for waste management market, valued at $75.3 million in 2023, is projected to grow at a 13.1% CAGR, reaching $292.4 million by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global smart …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:15 GMT

Solar Panel Operation & Maintenance Market Set to Achieve US$ 16.4 Bn by 2034, Growing at a 10.1% CAGR

The global solar panel operation & maintenance market, valued at $5.7 billion in 2023, is projected to grow at a 10.1% CAGR, reaching $16.4 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 22:03 GMT

SEAPEAK LLC DECLARES DISTRIBUTIONS ON SERIES A AND B PREFERRED UNITS

HAMILTON, BERMUDA, December 13, 2024 /⁨EINPresswire.com⁩/ -- Seapeak LLC (Seapeak or the Company) has declared cash distributions of $0.5625 per unit on the Company’s Series A preferred units (NYSE:SEAL PR A) and $0.5313 per unit on the Company’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 13, 2024 - 21:45 GMT

Teflon Heat Exchanger Market Expected to Grow at a 7.7% CAGR, Reaching US$ 2.5 Bn by 2034

The global Teflon heat exchanger market, valued at $1.1 billion in 2023, is expected to grow at a 7.7% CAGR, reaching $2.5 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global Teflon heat exchanger …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 21:30 GMT

Alternative Energy Market Projected to Reach US$ 3.4 Trn by 2034, Growing at a 12.4% CAGR

The global alternative energy market, valued at $940.4 billion in 2023, is projected to grow at a 12.4% CAGR, reaching $3.4 trillion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global alternative energy …

Distribution channels: Energy Industry ...
Published on December 13, 2024 - 21:15 GMT

8 Trends Influencing U.S. Freight Railroading In 2025

Consumer confidence, energy pricing & deregulation, among other factors, provide a favorable environment for short-term growth and long-term industry planning MARLTON, NJ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 13, 2024 - 18:50 GMT

Smart Society Ventures Releases Whitepaper on Decentralized Energy and Grid Technology

GENEVA, SWITZERLAND, December 13, 2024 /⁨EINPresswire.com⁩/ -- Smart Society Ventures (SSV) is proud to announce the release of its latest whitepaper, “Building a Smart Society: Decentralized Energy and the Grid Tech to Power It.” This …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 13, 2024 - 17:29 GMT

Worry Free Davis Bacon Isssues for Construction Companies Doing Business with the Federal Government

Tax Incentives SCOTTSDALE, AZ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Making sure that every employee receives the prevailing wage on a government construction job may sound easy if the company has 2 or 3 employees. Add in 15 …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on December 13, 2024 - 17:16 GMT

Arden Nights 2024: How Music and Evertreen’s Tree-Planting Initiative Transformed Nepal’s Ecosystems

LOS ANGELES, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Evertreen, the platform that makes it easy to plant real trees online, is thrilled to look back on the success of its partnership with Arden Records during Arden Nights 2024. …

Distribution channels: Companies, Energy Industry ...
Published on December 13, 2024 - 16:00 GMT

Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida

SÃO PAULO, SÃO PAULO, BRAZIL, December 13, 2024 /⁨EINPresswire.com⁩/ -- Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida A contagem regressiva para o Natal já começou, e esta é a época perfeita …

Distribution channels: Energy Industry, Gifts, Games & Hobbies ...
Published on December 13, 2024 - 15:22 GMT

LOBO Systems: A 2025 Revolution in Safe and Cost-Effective Work Platforms

DERBY, DERBYSHIRE, UNITED KINGDOM, December 13, 2024 /⁨EINPresswire.com⁩/ -- As industries strive for greater efficiency and safety in the face of rising costs and tighter schedules, LOBO Systems offers a timely alternative to traditional …

Distribution channels: Automotive Industry, Energy Industry ...