Exports
In a significant move, the Nigerian National Petroleum Company Limited (NNPC Ltd.) has joined African Energy Week (AEW): Invest in African Energies 2025 as a partner, furthering its commitment to driving Nigeria's energy future and regional cooperation. This partnership underscores NNPC Ltd.'s ambitious goals, including the
Exports
The U.S. Environmental Protection Agency (EPA) has issued a Clean Air Act (CAA) permit for the proposed Texas GulfLink (TGL) deepwater port, allowing the use of vapor capture and control technology mounted on an offshore support vessel. This innovative approach will increase energy production while reducing volatile organic compounds
Exports
The U.S. Environmental Protection Agency (EPA) has issued a Clean Air Act permit for the proposed Texas GulfLink (TGL) deepwater port, allowing the use of vapor capture and control technology mounted on an offshore support vessel. This technology, a first-of-its-kind application, will enable the loading of very large crude
Exports
Nigeria has taken a significant step forward in its oil and gas industry with the completion of the $400 million Otakikpo Terminal, a project that represents a major shift away from reliance on foreign-built export infrastructure. The terminal, developed by Green Energy International Limited (GEIL), is the first indigenous facility
Exports
The Environmental Protection Agency (EPA) has issued a Clean Air Act permit for the proposed offshore Texas GulfLink (TGL) deepwater port, marking a significant milestone in the development of the offshore crude oil export industry. The permit allows for the use of innovative vapor capture and control technology, mounted on
Exports
Nigeria Export-Import Bank's (NEXIM) Managing Director, Abubakar Bello, has announced that the bank has disbursed over N420 billion to support non-oil exporters, generating approximately 12,000 direct jobs and thousands more along the value chain. This move is part of the bank's effort to stimulate the
Exports
Nigeria's diversification drive has gathered momentum in recent years, with the government implementing policies to encourage exporters, boost foreign exchange inflows, and integrate local enterprises into global value chains. Amidst this push, Fidelity Bank Plc has positioned itself as a leader in advancing the country's non-oil
Exports
India's imports of Russian oil have been a contentious issue in the country's relationship with the US. According to an analysis of India's official trade data, these imports have saved Indian refiners at least $12.6 billion in the past three years. However, the
International trade
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin met on the sidelines of a regional summit in China on Monday, deepening their nations' ties over the purchase of Russian oil. The two leaders held talks after attending the gathering in the port city of Tianjin, where discussions
Exports
The US Energy Information Administration (EIA) reported that Iraq's weekly oil exports to the United States declined during the last week. This news comes as the US imported an average of 5.69 million barrels of crude oil per day from 10 major countries last week, marking a
Petroleum
As international tensions between Russia, Ukraine, and Western countries escalate, Indian Prime Minister Narendra Modi's meeting with Russian President Vladimir Putin has caught the attention of global capitals. In a conversation with Ukrainian President Volodymyr Zelensky, Modi conveyed a message that may shape the trajectory of the conflict.
Exports
The Nigerian Federal Government is driving efforts to boost non-oil exports, focusing on agro-led growth and wider access to finance for small businesses. The Nigerian Export Import Bank (NEXIM) is set to hold a breakfast session with young entrepreneurs to discuss opportunities under the African Continental Free Trade Area (AfCFTA)
