Skip to content
Nigeria’s woes worsen OPEC+ underproduction to 3.6 mbd
Sopuruchi Onwuka, with agency reports Steady decline in Nigeria’s official crude oil export figures contributes to collective production underperformance by coalition of global oil exporters hosted in the OPEC+. According to agency sources citing logistics data, Nigeria suffered her lowest…
Portugal fears supply default by NLNG
Major consumer of Nigerian gas in Europe, Portugal, is indicating panic over possibility of supply shortfall from the Nigerian Liquefied Natural Gas (NLNG) Limited following rising demand pressure from other parts of the continent where supply sentiments are equally high….
ASUU strike: NANS block traffic to airport
Hundreds of students who are angry over the protracted strike by lecturers and consequent suspension of studies in Nigerian universities launched a protest in Lagos on Monday, blocking off main access to the airport. The Oracle Today reports that the…
World’s first fossil fuel registry launches
The Global Registry of Fossil Fuels is the first large-scale public database to track what is yet to be burned, agency sources have reported. Launch of the registry coincides with global climate talks set to take place at the UN…
NCDMB partners Shell, Total on GTC PH upgrade
Nigerian Content Development and Monitoring Board (NCDMB) is collaborating with Shell Petroleum Development Company (SPDC) and Total Energies Ltd to transform Government Technical College (GTC), Port Harcourt, Rivers State into a center of excellence. The target is to use the…
Shell’s 200 kbd Bonga FPSO shuts down for maintenance
Company provides free medical eye care to 2000 Sopuruchi Onwuka Shell Nigeria Exploration and Production Company (SNEPCO) Limited has said its premier deepwater operations facility, the Bonga floating production, storage and offloading (FPSO) vessel will undergo scheduled turn around maintenance…
Nigeria hosts $228bn private wealth, worst growth in Africa
Mauritius, Rwanda lead Africa’s wealth market Sopuruchi Onwuka Despite ranking third for hosting significant $228 billion of Africa’s $2.1 trillion private wealth, Nigeria’s per capita private wealth of $1,100 places it towards the bottom of the overall income table in…
John Kerry warns firms against African gas investments
Africa’s quest for renewed investments in hydrocarbon energy suffered a setback weekend with insistence by the United States that energy transition vigorously pursued by the industrialized nations of the world will start pulling demand from gas in the next eight…
Divisive antics are elite conspiracy against the people _Peter Obi
Sopuruchi Onwuka Nigerian’s share common fate in the country’s socio-economy but the elite which seeks to capture power play up differences in religion and tribe just to continue lording themselves on the poor masses, says the presidential candidate of the…
Contract Activation: Geometric Power lays viability template for NESI
Nnaji calls for grid decentralization Sopuruchi Onwuka Activation of contract governed transactions among all players in the gas-to-power programme of the government holds potential to arrest the worsening debt overhang in the sector and also improve all efficiency levels in…
