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Published on 12:22 GMT

Nigeria's $5bn oil-backed loan from Aramco 'delayed by oil price drop'

The amount of oil going towards repaying existing oil-backed loans is fixed, but when the crude price falls, it takes longer to repay them. Additionally, lower prices mean the NNPC has to funnel more crude oil to joint-venture partners, from international …

Source: Times LIVE - Indeterminate
Published on 03:55 GMT

Reuters: Falling Oil Prices Delay FG’s $5bn Oil-backed Loan from Saudi Aramco

•Parties may renegotiate record deal Emmanuel Addehin Abuja and Peter Uzohoin Lagos Recent falling oil prices are delaying a deal by Nigeria and Saudi Arabian oil company, Aramco, as both parties struggle to reach an agreement on a record $5 billion oil- …

Source: This Day - Pro-Government
Published on 12:08 GMT

Shell-chartered tanker lifts first Otakikpo crude oil cargo

The first crude oil cargo from Nigeria’s Otakikpo marginal oil field has been lifted by 2012-built Lipari, a 158,400-dwt Suezmax tanker owned by TMS Tankers of Greece and widely believed to be on charter to Shell. The vessel, constructed by Samsung Heavy …

Source: Riviera - Neutral
Published on 11:09 GMT

Nigeria’s $5bn Aramco loan stalled by oil price dip

Nigeria and Saudi Arabian oil giant Aramco’s discussions regarding a $5bn oil-backed loan have hit a snag following a significant drop in crude oil prices, reported Reuters, citing sources. The development has raised concerns among potential banks that …

Source: Offshore Technology - Neutral
Published on 05:44 GMT

Nigeria’s $5bn oil-backed loan from Aramco stalls amid falling crude prices

Negotiations between Nigeria and Saudi oil giant Aramco over a landmark $5 billion oil-backed loan have hit a roadblock following a sharp drop in crude oil prices, sparking caution among banks expected to co-finance the deal. According to a Reuters report, …

Source: Tribune Online - Center-right
Published on 08:06 GMT

Nigeria’s $5 billion oil-backed loan with Aramco faces setback over price decline

Nigeria’s negotiations with Saudi oil giant Aramco for a $5 billion oil-backed loan have slowed due to a decline in global crude oil prices and growing concerns among potential banking partners. The initiative, aimed at securing Nigeria’s largest oil- …

Source: Nairametrics - Neutral
Published on 00:51 GMT

Saudi’s Aramco delays Nigeria’s crude-backed $5bn loan

A new crude-for-loan deal between the Federal Government and Saudi Arabian oil company Aramco, worth $5bn, has stalled and is struggling to reach an agreement following the recent decline in crude prices. A report by Reuters quoting four sources on Tuesday …

Source: Punch - Indeterminate
Published on Jun 10, 2025

Optimism Returns to Oil Markets

It appears that optimism is finally returning to oil markets due to a promising U.S. jobs report and signs that the China-U.S. trade war may soon start thawing. - According to industry consultant Wood Mackenzie, the US Gulf of America (also known as the …

Source: Oil Price - Neutral
Published on Jun 10, 2025

Falling oil prices stall Nigeria’s $5 billion loan bid with Aramco

Talks between Nigeria and Saudi energy giant Aramco over a proposed $5 billion oil-backed loan have slowed as falling crude prices rattle lenders, according to sources familiar with the matter. Reuters reported that the deal, if successful, would mark …

Source: New Mail - Pending
Published on Jun 10, 2025

Tinubu’s $5Billion Oil-Backed Loan Deal With Aramco Stalls Amid Nigeria’s Oil Price Slump, Bankers’ Concerns

Nigeria and Saudi Arabia’s oil giant, Aramco, are facing challenges in finalising a landmark $5 billion oil-backed loan, as a recent downturn in crude prices raises concerns among banks expected to support the deal, according to four sources cited by …

Source: Sahara Reporters - Left-wing
Published on Jun 10, 2025

Insurers may have to shell out money for cargo involved in 2 ship mishaps

The two recent ship accidents off the Kerala coast in the last weeks are expected to impact cargo insurance providers. While Indian cargo insurers had some exposure, the vessels involved were container ships carrying goods for multiple owners, which is …

Source: The Indian Express - Center-left
Published on Jun 10, 2025

Nigeria, Saudi Aramco struggle to finalise $5bn oil-backed loan on crude price slump

Nigeria and Saudi Arabia’s state oil giant Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan after a recent decline in crude prices sparked concerns among banks expected to finance the deal, four sources familiar with the …

Source: Business Day - Neutral
Published on Jun 10, 2025

Nigeria exports first oil shipment from Otakikpo onshore terminal

Export of crude oil started from Nigeria’s Otakikpo onshore terminal, an expandable $1.3 billion facility that is projected to mark a decentralised oil and gas export facility in the country. The facility, developed by Green Energy International Limited ( …

Source: Business Day - Neutral
Published on Jun 10, 2025

Tories Ditched Net Zero Commitment While Receiving £250,000 from Oil Investors and Climate Deniers

The Conservatives received a hefty sum from oil and gas investors and those with roles at anti-climate campaign groups during the period when the party rolled back a key climate commitment. New records released today reveal that Kemi Badenoch’s party …

Source: DeSmog - Left-wing
Published on Jun 10, 2025

Subsea7 awarded contract for Shell Aprodite project

Subsea7 has announced that the company was awarded a ‘sizeable contract’ by Shell for the Aphrodite gas project offshore Trinidad and Tobago. According to a statement from the company, the project involves the transportation and installation of subsea …

Source: Loop News - Pending
Published on Jun 10, 2025

Report: Aramco’s $5bn oil-backed loan to Nigeria delayed over crude price slump

Nigeria and Aramco, Saudi Arabian state-owned oil company, are facing difficulties in finalising a record $5 billion oil-backed loan. In a report on Tuesday, Reuters said the challenges follow the recent drop in crude prices, which has raised concerns …

Source: The Cable - Neutral
Published on Jun 10, 2025

Iraq Oil And Gas Market Industry Report 2025: Market To Grow By USD 68.5 Billion By 2029 - Foreign Investments Fuel ...

(MENAFN- GlobeNewsWire - Nasdaq) The Iraqi oil and gas market is poised to grow by USD 68.5 billion from 2024 to 2029, with a CAGR of 2.2%. The comprehensive analysis covers market size, trends, drivers like increased capacity and government support, …

Source: MENAFN - Indeterminate
Published on Jun 10, 2025

Record US Gulf Oil Output to Soften 2026 Production Decline

(Bloomberg) -- US oil production will likely decline next year, but the scale of the dropoff will be substantially reduced by an old source of new supplies: the Gulf of Mexico. Most Read from Bloomberg Producers in the body of water — which President …

Source: Yahoo Finance - Center-left
Published on Jun 10, 2025

Nigeria's $5bln oil-backed loan from Aramco delayed by oil price drop, say sources

LAGOS/LONDON/BRUSSELS - Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan after a recent decline in crude prices sparked concern among banks that were expected to back the deal, …

Source: Zawya - Indeterminate

20 days 21:32:49

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Published on June 11, 2025 - 11:00 GMT

Rafael Holdings Reports Third Quarter Fiscal 2025 Financial Results

NEWARK, N.J., June 11, 2025 (GLOBE NEWSWIRE) -- Rafael Holdings, Inc. (NYSE: RFL; NYSE American: RFL-WT), today reported its financial results for the third quarter and first nine months of fiscal year 2025 ended April 30, 2025. “We are pleased to have …

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Published on June 11, 2025 - 12:00 GMT

Concentrix Schedules Release of Second Quarter 2025 Financial Results and Webcast of Investor Conference Call

NEWARK, Calif., June 11, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, plans to announce its fiscal second quarter 2025 financial results after market close on Thursday, June 26, 2025. The Company …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...

Published on June 11, 2025 - 11:24 GMT

Tokyo Stock Market Climbs on Semiconductor Rally

(MENAFN) Tokyo’s stock market extended its upward momentum on Wednesday, propelled by robust demand for semiconductor-related shares following strong performances in U.S. chip stocks overnight. The Nikkei 225, Japan’s key stock index tracking 225 companies …

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Published on June 11, 2025 - 10:00 GMT

SCCG and The Service Companies Announce Partnership to Elevate Operational Staffing for Tribal Casinos

The partnership will focus on expanding distribution and sales support for The Service Companies’ offerings within tribal casinos LAS VEGAS, NV, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- SCCG Management, a global leader in advisory …

Distribution channels: Amusement, Gaming & Casino, Real Estate & Property Management ...

Published on June 11, 2025 - 10:00 GMT

Xunlei Announces Investee Company Completes IPO on Shanghai Stock Exchange STAR Market

SHENZHEN, China, June 11, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that its investee company, Arashi Vision Inc. (“Arashi …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on June 11, 2025 - 11:43 GMT

E-Waste Processing Plant Setup: Cost Estimation, Profitability & Investment | Feasibility Report 2025

Explore the key aspects of setting up an e-waste processing unit, with focus on infrastructure, investment, operating costs, compliance, profitability and ROI. NEW YORK, NY, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- Establishing an e- …

Distribution channels: Electronics Industry, Manufacturing ...
Published on June 11, 2025 - 10:51 GMT

Ivana Ilic - Most Influential CEO 2025 - Security Solutions (Switzerland) by CEO Monthly Review

Award-Winning CEO Ivana Ilic Recognized for Leading Swiss Security Innovations in Security & Investigations, Cyber Intelligence & Global Risk Management. ZURICH, ZURICH ZH, SWITZERLAND, June 11, 2025 /⁨EINPresswire.com⁩/ -- Swiss Security …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 11, 2025 - 09:45 GMT

Sandmeyer Steel Company Chairman, Ronald P. Sandmeyer, Passes Away at Age 95

Sandmeyer Steel Company regretfully announces the passing of its Chairman of the Board and past President and CEO, Ronald P. Sandmeyer, at the age of 95. PHILADELPHIA, PA, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- Sandmeyer Steel Company …

Distribution channels: Business & Economy, Companies ...

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Published on June 11, 2025 - 12:15 GMT

Purple Crow Brings Job Growth and Opportunity to Winston-Salem with New Facility Opening

Ribbon cutting ceremony on June 11, 2025, marks expansion at 1001 Reynolds Blvd, boosting local employment and economic momentum. WINSTON-SALEM, NC, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- Purple Crow, a leading Hispanic grocery …

Distribution channels: Business & Economy, Companies ...
Published on June 11, 2025 - 12:00 GMT

Shefik Appointed Local Lead of NASA Space Apps Yonkers

Sir Shefik Macauley is an Emmy Award winner and a long-time resident of Yonkers, New York. He was officially appointed as Local Lead of NASA Space Apps Yonkers. YONKERS, NY, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- NASA International …

Distribution channels: Aviation & Aerospace Industry, Companies ...
Published on June 11, 2025 - 12:00 GMT

TechEnabler irá integrar e revender a plataforma de observabilidade automatizada da Unryo na América Latina

SãO PAULO, BRAZIL, June 11, 2025 /⁨EINPresswire.com⁩/ -- A Unryo, líder em soluções de observabilidade com foco em automação, anunciou hoje uma parceria de revenda com a TechEnabler, empresa brasileira de tecnologia com ampla expertise em monitoramento e …

Distribution channels: Companies, IT Industry ...
Published on June 11, 2025 - 11:49 GMT

Ehamarkets Crowned ‘Best Mobile Broker of the Year Global 2025’ by World Business Outlook

Ehamarkets, a premier global multi-asset trading company, has been awarded the prestigious 'Best Mobile Broker of the Year Global 2025' Award. SINGAPORE, SINGAPORE, June 11, 2025 /⁨EINPresswire.com⁩/ -- ehamarkets, a premier global multi- …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on June 11, 2025 - 11:45 GMT

DSN Software Launches the First Cloud-Based Imaging Platform for Dental Specialists

Fully integrated with DSN Cloud, DSN Imaging simplifies imaging, referrals, and treatment planning TULSA, OK, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- DSN Software, the leader in specialty dental practice management solutions, today …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on June 11, 2025 - 11:34 GMT

AmiViz Recognised Among Best Workplaces in Technology Across GCC by Great Place to Work

DUBAI , DUBAI, UNITED ARAB EMIRATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- AmiViz, the leading cybersecurity-focused value-added distributor headquartered in the Middle East, has been ranked 22nd in the prestigious 2025 list of Best Workplaces in …

Distribution channels: Business & Economy, Companies ...
Published on June 11, 2025 - 11:00 GMT

Phrase Unveils Its Most Powerful Release Yet with Multimedia Localization, Agentic AI, and Enhanced Developer Experience

Launch includes Phrase Studio, PACS, Language AI in Phrase Strings, and an enhanced Developer Hub for scalable, intelligent localization. BOSTON, MA, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- Phrase, a world leader in AI-driven …

Distribution channels: Business & Economy, Companies ...
Published on June 11, 2025 - 11:00 GMT

Alice & Bob makes quantum simulation more powerful and efficient with new software integration

Integrating NVIDIA CUDA-Q in the Dynamiqs library boosts efficiency of large-scale simulation by up to 75x with GPU acceleration PARIS, FRANCE, June 11, 2025 /⁨EINPresswire.com⁩/ -- Alice & Bob, a global leader in the race for fault-tolerant …

Distribution channels: Business & Economy, Companies ...
Published on June 11, 2025 - 10:51 GMT

Ivana Ilic - Most Influential CEO 2025 - Security Solutions (Switzerland) by CEO Monthly Review

Award-Winning CEO Ivana Ilic Recognized for Leading Swiss Security Innovations in Security & Investigations, Cyber Intelligence & Global Risk Management. ZURICH, ZURICH ZH, SWITZERLAND, June 11, 2025 /⁨EINPresswire.com⁩/ -- Swiss Security …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 11, 2025 - 10:25 GMT

Creatio Releases Second Edition of The No-Code Playbook: Age of AI with Integrated AI Guidance

The vendor-agnostic Enterprise playbook adds new AI practices, a value assessment framework, and an integrated online toolkit to the No-Code Methodology BOSTON, MA, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- Creatio, a global vendor of …

Distribution channels: Business & Economy, Companies ...
Published on June 11, 2025 - 10:05 GMT

BPX Launches AI-Powered Process Mapping to Enhance Workflow Visibility

BPX, a top process management leader, introduces its AI-powered process mapping tool for better workflow visibility and efficiency. PUNE, MAHARASHTRA, INDIA, June 11, 2025 /⁨EINPresswire.com⁩/ -- BPX, one of the leaders in process management, …

Distribution channels: Business & Economy, Companies ...
Published on June 11, 2025 - 10:00 GMT

NaturePest Holistic Pest Control Announces Comprehensive Organic Lawn Care Services for South Florida

HOMESTEAD, FL, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- NaturePest Holistic Pest Control, a trusted leader in eco-friendly solutions, today announced the expansion of its services to include comprehensive organic lawn care, specifically …

Distribution channels: Agriculture, Farming & Forestry Industry, Building & Construction Industry ...
Published on June 11, 2025 - 10:00 GMT

Biomed Industries, Inc. to Unveil Unified Acceleration Platform at ADA 2025, Linking Alzheimer’s, Obesity, and Diabetes

Biomed Industries, Inc. to Unveil Unified Acceleration Platform at American Diabetes Association (ADA) 2025, Linking Alzheimer’s, Obesity, and Diabetes SAN JOSE, CA, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- Biomed Industries, Inc. (“ …

Distribution channels: Chemical Industry, Companies ...
Published on June 11, 2025 - 09:45 GMT

Sandmeyer Steel Company Chairman, Ronald P. Sandmeyer, Passes Away at Age 95

Sandmeyer Steel Company regretfully announces the passing of its Chairman of the Board and past President and CEO, Ronald P. Sandmeyer, at the age of 95. PHILADELPHIA, PA, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- Sandmeyer Steel Company …

Distribution channels: Business & Economy, Companies ...
Published on June 11, 2025 - 08:35 GMT

Manfrotto Unveils Unique New Tripod System for Mirrorless Cameras: the ONE Hybrid

New System Combines Photo and Video Tripod Features in One Streamlined Solution for Hybrid Creators. CASSOLA, ITALY, June 11, 2025 /⁨EINPresswire.com⁩/ -- Manfrotto has launched the ONE Hybrid Tripod, a new support system designed specifically for …

Distribution channels: Companies, Conferences & Trade Fairs ...
Published on June 11, 2025 - 08:23 GMT

Nehmeh Named to Newsweek’s 2025 Global Most Loved Workplaces® List

Global recognition highlights Nehmeh’s commitment to a culture of trust, respect and growth. DOHA, QATAR, QATAR, June 11, 2025 /⁨EINPresswire.com⁩/ -- Nehmeh, a leading industrial solutions provider with a foundation in quality and innovation, …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on June 11, 2025 - 08:15 GMT

New AI Analysis Highlights Socio-Economic Disparities in Dutch Cities

The New Study from Panolytica Reveals Stark Health and Wealth Gaps Between Neighbouring Dutch Communities AMSTERDAM, NORTH HOLLAND, NETHERLANDS, June 11, 2025 /⁨EINPresswire.com⁩/ -- New insights from Panolytica, an AI-powered analytics firm specialising …

Distribution channels: Business & Economy, Companies ...
Published on June 11, 2025 - 08:08 GMT

SIGEP Asia 2025: Global Talent, Curated Experiences and Strategic Networking

Southeast Asia’s F&B & Foodservice Tradeshow Returns 16 to 18 July 2025 | Marina Bay Sands, Singapore https://sigepasia.com.sg/ SINGAPORE, June 11, 2025 /⁨EINPresswire.com⁩/ -- Organised by IEG Asia, SIGEP Asia 2025 returns …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 11, 2025 - 08:07 GMT

Publishers Shift to In-House Monetization with White-Label RTB Platform Solutions in 2025

FL, UNITED STATES, June 11, 2025 /⁨EINPresswire.com⁩/ -- As publishers seek to regain control over their digital advertising revenue and data, the adoption of white-label RTB (real-time bidding) platforms is emerging as a strategic alternative to …

Distribution channels: Business & Economy, Companies ...
Published on June 11, 2025 - 08:00 GMT

Logicata’s AWS Managed Service Passes AWS Foundational Technical Review and Launches on AWS Marketplace

LONDON, UNITED KINGDOM, June 11, 2025 /⁨EINPresswire.com⁩/ -- Logicata, an AWS Advanced Tier Services Partner, today announced that its InfrAssure AWS managed service has successfully passed the AWS Foundational Technical Review (FTR) and is now …

Distribution channels: Business & Economy, Companies ...