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Published on Jul 4, 2025

Oil Prices Fall As OPEC+ Signals Potential Output Increase

Oil prices slipped in the global market as signals of renewed nuclear diplomacy between the United States and Iran, expectations of increased OPEC+ output, and concerns over US trade policy combined to ease supply fears. Brent crude, the international …

Source: Biz Watch Nigeria - Indeterminate
Published on Jul 4, 2025

OPEC nudges up global oil reserves estimate, despite capex fears

The world’s proven crude oil reserves rose slightly year-over-year to 1.567 trillion barrels in 2024, OPEC said July 2, with its members accounting for 79% of that total, as relatively healthy oil prices continued to fuel drilling activity. In its Annual …

Source: Hellenic Shipping News - Neutral
Published on Jul 3, 2025

IMF: FG Needs to Rework 2025 Budget to Accommodate Lower Oil Prices

•Puts savings from fuel subsidies to 2% of 2024 GDP •Says Nigeria’s reforms have stabilised economy, seeks action on power •FG welcomes Fund’s findings • Senate applauds CBN’s mid-year policy performance Ndubuisi Francis, Emmanuel Addeh, James Emejo, …

Source: This Day - Pro-Government
Published on Jul 3, 2025

OPEC’s Oil Production Rises To 2.15m Barrels A Day, Amid $17.4trn Deficit

The Organisation of Petroleum Exporting Countries (OPEC) pumped a total of oil and condensate of 2.15 million barrels a day (bpd) in June, up from 2.02 million in May. This is even as OPEC is working to abate perceived supply shortages that could disrupt …

Source: Leadership - Neutral
Published on Jul 2, 2025

Crude Oil Prices Fall Amid OPEC+ Output Adjustment And U.S. Tariff Uncertainty

Global crude oil prices experienced a mild dip as energy markets responded to new developments in production adjustments by OPEC+ members and mounting trade uncertainty from the United States. According to fresh data, eight key OPEC+ nations are set to …

Source: Biz Watch Nigeria - Indeterminate
Published on Jul 2, 2025

Lokpobiri to Oil Firms: Shape Up Or Ship Out, Tinubu Has Provided Necessary Incentives for Output Growth

•Ojulari says NNPC now able to raise funding for all its businesses •Huge gas reserves position Nigeria for energy security, says Ekpo •OPEC: Energy demand set to grow by 23% between now and 2050 Emmanuel Addeh and Peter Uzoho in Abuja The Minister of …

Source: This Day - Pro-Government
Published on Jul 2, 2025

OPEC champions developing countries’ usage of natural resources to bridge energy gap

The Organisation of the Petroleum Exporting Countries (OPEC) has said that developing countries must be allowed to utilise their natural resources to benefit their economies and people. The Secretary General of OPEC, Haitham Al Ghais, made this statement …

Source: Tribune Online - Center-right
Published on Jul 2, 2025

OPEC Battles Perceived Market Deficit With $17.4Trn Upstream Investment

Uche Cecil Izuora The Organisation of Petroleum Exporting Countries (OPEC), is taking action to abate perceived supply shortages that could disrupt global oil market. The Organization says its research estimates a huge oil market deficit of 23 million …

Source: Oriental News Nigeria - Neutral
Published on Jul 2, 2025

OPEC warns of 23 million bpd oil shortfall globally by 2030 without $17.4 trillion investment

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a potential shortfall of 23 million barrels per day (bpd) in global oil supply by 2030 if upstream investments fall short of the estimated $17.4 trillion needed to meet future …

Source: Nairametrics - Neutral
Published on Jul 2, 2025

Operators demand tariff increase to stave off N6tr gas debt

• ECOWAS grid integration gets traction as Nigeria shows interest • FG rues dormant assets as players reassess 3m bpd oil production target • OPEC seeks more investment, partnership to secure Africa’s energy future Oil and gas operators have raised the …

Source: The Guardian (Nigeria) - Neutral
Published on Jul 2, 2025

FG to reclaim dormant oil assets, demands results from operators — Lokpobiri declares

The Federal Government has issued a bold ultimatum to oil and gas operators in Nigeria: deliver measurable results or relinquish control of national assets. This was as Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), declared open the …

Source: Business Day - Neutral
Published on Jul 1, 2025

Nigeria To Revoke Idle Oil Field Licences, Issues Ultimatum To Underperforming Firms

The Nigerian Government has issued a stern warning to oil companies sitting on dormant oil fields, declaring that it will no longer tolerate underperformance in Nigeria’s petroleum sector. Minister of State for Petroleum Resources (Oil), Senator Heineken …

Source: Sahara Reporters - Left-wing
Published on Jul 1, 2025

We must move from rhetoric to results — Lokpobiri charges operators at Nigerian oil and gas conference 2025

The Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has delivered a stirring call to action at the 2025 Nigerian Oil and Gas (NOG) Conference, urging industry stakeholders to convert Nigeria’s abundant petroleum …

Source: The Sun Nigeria - Indeterminate
Published on Jul 1, 2025

Oil Production: FG declares end to dormant fields

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, on Monday declared open the 2025 edition of the Nigerian Oil and Gas Conference (NOG) with a fiery charge to oil operators, calling for urgent action to reverse the …

Source: The Guardian (Nigeria) - Neutral
Published on Jul 1, 2025

Iraq Claims Top Spot Among OPEC Crude Suppliers To The US

Authored by Charles Kennedy via OilPrice.com, Iraq exported nearly 7 million barrels of crude to the U.S. in May, surpassing all other OPEC members. The surge in Iraqi shipments meets U.S. demand for heavier Middle Eastern crude grades amid OPEC+ output …

Source: Zero Hedge - Right-wing
Published on Jun 30, 2025

Petralon: Empowering Nigeria’s Future Energy Leaders

Through its commitment to nurturing and equipping the next generation of energy leaders with requisite knowledge and insight to operate at highest level of professional excellence, Nigerian indigenous oil and gas operator, Petralon Energy Limited is …

Source: This Day - Pro-Government
Published on Jul 1, 2025

Nigerian Oil falls below $70 a barrel amid faded supply disruption

Nigerian crude prices dipped to a three-week low on Tuesday, falling back to rates seen before the recent Israel-Iran fighting as fading supply fears and talk of an OPEC+ output increase weighed on the market. Nigeria’s key grades-Bonny Light, Brass River, …

Source: Nairametrics - Neutral
Published on Jul 4, 2025

NNPC/FIRST E&P JV Achieves 10m LTI-Free Man-Hours

Minister of State for Petroleum Resources, Senator Heineken Lokpobiri has commended the NNPC Ltd/FIRST Exploration and Petroleum Development Company (FIRST E&P) Joint Venture (JV) on achieving 10 million Lost Time Incident (LTI)-free man-hours …

Source: Leadership - Neutral
Published on Jun 30, 2025

Ghana’s Energy Crossroads: How global oil shocks are reshaping an African economy

Introduction Ghana stands at a peculiar energy crossroads. The West African nation pumps crude oil from its Jubilee and TEN offshore fields, yet spends billions annually importing refined petrol and diesel to meet domestic demand. This paradox has left the …

Source: Joy FM - Indeterminate

03 days 03:13:19

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Published on July 2, 2025 - 10:37 GMT

Oil Prices Drop After Israel-Iran Ceasefire

(MENAFN) Oil prices dropped by more than 12% last week, breaking a three-week surge, with experts forecasting prices to stabilize near the $60 mark if the fragile ceasefire between Israel and Iran holds. Brent crude surged to $77.81 a barrel on June 23, …

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Published on July 4, 2025 - 22:00 GMT

Geothermal Rising Welcomes Geothermal Incentives in Big Beautiful Bill, Honors Geothermal Community’s Dedication

Geothermal energy secures decade-long incentives for 24/7 clean power, boosting #baseloadpower and #energysecurity. #Geothermal #GeothermalRising WASHINGTON D.C., DC, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- Geothermal Rising today …

Distribution channels: Energy Industry, Environment ...
Published on July 4, 2025 - 18:08 GMT

Project Sales Corp India has the world's largest No Touch Hands Free Hand Safety Products with over 250+ Active Skus

With over 250+ active sku's in hands-free no-touch hand safety tools in its portfolio now, PSC is among the world's largest stockist for hand safety tools. VISAKHAPATNAM, ANDHRA PRADESH, INDIA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Project …

Distribution channels: Business & Economy, Companies ...
Published on July 4, 2025 - 17:40 GMT

Next-Gen Energy: Space-Based Solar Power Market Set for Strong Growth

Space-based solar power grows with rising demand and R&D, but high costs limit it; tech advances and investments offer new growth opportunities. WILMINGTON, DE, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on July 4, 2025 - 16:43 GMT

Solar Storage Solutions Boost U.S. Solar Battery Market to 2030 Milestone

US states like California are expanding solar capacity, driving demand for solar batteries; CAISO plans to add 2.5 GW of battery storage by 2025. WILMINGTON, DE, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on July 4, 2025 - 15:04 GMT

Willow Lake Métis Group and ELM Inc. Form Strategic Alliance to Advance Indigenous-Led Environmental and Industrial Work

ANZAC, ALBERTA, CANADA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Willow Lake Métis Group (WLMG), a proudly Indigenous-owned organization advancing community-driven economic development, has entered a strategic partnership with ELM Inc., a leading …

Distribution channels: Companies, Energy Industry ...
Published on July 4, 2025 - 14:52 GMT

Secro and IQAX Connect Through GSBN to Enable Cross-Platform eBL Interoperability

Driving Seamless Collaboration Across Platforms Through Trusted, Legally-Robust eBL Interoperability CHARLESTON, SC, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- The global supply chain is an intricate and highly fragmented ecosystem, …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on July 4, 2025 - 13:30 GMT

Green Ammonia Market to Reach USD 5.9 Billion by 2031 | Rapid Growth in Clean Fuel Sector

The Global Green Ammonia Market is projected to grow from USD 0.2 Billion in 2023 to USD 5.9 Billion by 2031 AUSTIN, TX, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- The global Green Ammonia Market Size was valued at approximately US$ 0.2 …

Distribution channels: Energy Industry ...
Published on July 4, 2025 - 13:12 GMT

Hengtong Honored as "ESG Leader Among Chinese Enterprises”

Hengtong (SH:600487) SHANGHAI, SHANGHAI, CHINA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Recently, Jiangsu Hengtong Optic-Electric Co., Ltd. was successfully included in the “Progressing Steadily to Achieve Far-reaching Goals: ESG Leaders Report of …

Distribution channels: Companies, Energy Industry ...
Published on July 4, 2025 - 12:34 GMT

Save Earth Mission Unveils Global Vision; Announces Tree Plantation Campaign Across 60+ Countries

AHMEDABAD , INDIA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Save Earth Mission successfully concluded its much-anticipated Grand Vision Unveiling event at GIFT City Club in Ahmedabad. The event marked a significant milestone in the organization’s global …

Distribution channels: Agriculture, Farming & Forestry Industry, Culture, Society & Lifestyle ...
Published on July 4, 2025 - 12:30 GMT

Global Sodium-Ion Battery Industry Set for Strong Growth | USD 4,005.2M Market Size by 2031

The Global Sodium-ion Battery Market is projected to grow from USD 860.2M in 2023 to USD 4,005.2M by 2031, driven by cost-effective energy storage solutions. AUSTIN, TX, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- Sodium-Ion Battery …

Distribution channels: Energy Industry ...
Published on July 4, 2025 - 10:59 GMT

Energy as a Service Gains Momentum, Market to Reach $112.7 Billion by 2030

The energy as a service market is growing due to rising electricity demand from commercial sectors and the push for energy optimization and sustainability. WILMINGTON, DE, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- According to a new …

Distribution channels: Energy Industry, Technology ...
Published on July 4, 2025 - 10:09 GMT

LED Panel Light Market Expected to Witness Sustainable Growth Over 2032

LED Panel Light Market Expected to Reach $90.1 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "LED Panel Light Market, by type, sales channel, voltage …

Distribution channels: Electronics Industry, Energy Industry ...
Published on July 4, 2025 - 09:15 GMT

Distributed Energy Generation Market To Reach USD 871.87 Bn by 2032, Grow at a CAGR of 12.6% From 2025 To 2032

Distributed Energy Generation Market size was valued at USD 337.4 Bn in 2024, expected to grow at a CAGR of 12.6% from 2025 to 2032 ORLANDO, FL, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- Stellar Market Research examines the growth rate …

Distribution channels: Energy Industry ...
Published on July 4, 2025 - 07:28 GMT

Jewellok Technology Expands Ultra High Purity Gas Solutions with Advanced System and Components for Precision Industries

Jewellok Manufacturing Single Stage Pressure Regulator, Two Stage Pressure Regulator, Low Pressure Nitrogen Gas Regulator DONGGUAN, GUANDONG, CHINA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Jewellok Technology, a trusted leader with over a decade of …

Distribution channels: Aviation & Aerospace Industry, Chemical Industry ...
Published on July 4, 2025 - 07:15 GMT

Marine Battery Management Applications Powered by leagend UPS Battery Management Solution

leagend UPS Battery Management Solution has been successfully adapted for marine battery applications. NEW YORK, NY, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- Effective management of battery systems aboard marine vessels requires …

Distribution channels: Electronics Industry, Energy Industry ...
Published on July 4, 2025 - 06:38 GMT

Battery Raw Materials Industry: Key Applications, Challenges, and Market Projections, 2031

The global battery raw materials market is projected to reach $87.1 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031. WILMINGTON, DE, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- The market research report from Allied Market …

Distribution channels: Business & Economy, Energy Industry ...
Published on July 3, 2025 - 18:38 GMT

Hubject and Chargemap Expand Partnership to Enhance European EV Charging with Plug&Charge Technology

The rollout brings secure, app-free Plug&Charge access to over 600,000 drivers, building on a trusted eRoaming partnership since 2018 BERLIN, GERMANY, July 3, 2025 /⁨EINPresswire.com⁩/ -- Hubject, the global leader in eMobility interoperable …

Distribution channels: Automotive Industry, Business & Economy ...
Published on July 3, 2025 - 18:20 GMT

Edgecom Energy Expands into PJM Market with pTrack® for AI Coincident Peak Prediction and Demand Response

AI-Powered pTrack® Platform Now Available to PJM Customers, Offering Real-Time Peak Prediction and Demand Response Tools Amid Soaring Capacity Costs TORONTO, ONTARIO, CANADA, July 3, 2025 /⁨EINPresswire.com⁩/ -- Edgecom Energy, a leader in AI- …

Distribution channels: Agriculture, Farming & Forestry Industry, Energy Industry ...
Published on July 3, 2025 - 17:14 GMT

Clean Energy Demand Powers Fuel Cell Market to $32.0 Billion by 2030

The market is set to grow due to strict emission rules and distributed power demand, though high costs and limited fuel infrastructure may hinder progress. WILMINGTON, DE, UNITED STATES, July 3, 2025 /⁨EINPresswire.com⁩/ -- According to a new …

Distribution channels: Energy Industry, Technology ...
Published on July 3, 2025 - 17:08 GMT

Greenwashing Gone Wild: New Executive Briefing Exposes Real Estate ESG Misuse

InMotion Real Estate Media warns of ESG greenwashing in CRE with new “Greenwashing Gone Wild” Executive Briefing; urges transparency, offers solutions. NEW YORK, NY, UNITED STATES, July 3, 2025 /⁨EINPresswire.com⁩/ -- InMotion Real Estate Media today …

Distribution channels: Building & Construction Industry, Business & Economy ...