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Oil market to be jolted by European demand shift
Sopuruchi Onwuka Demand shift expected from looming drop in the European consumption of Russian oil will in the week begin to reshape forces in the market, and probably propel a new direction in prices. According to the International Energy Agency…
Judges receive 107 entries for 2022 NLNG Science Prize
The panel of judges for The Nigeria Prize for Science has received theentriesfrom scientists worldwide for the 2022 edition, signalling the commencement of the race to find a winner with the best scientific or research work on the theme “Innovations…
Eni dims Nigerian investment, emphasizes carbon neutrality
Sopuruchi Onwuka Italian multinational energy firm, Eni, has confirmed a shift in its business focus which entails diverting significant proportion of the company’s investments on incremental basis from fossil intensive to agro-biofuel and renewable energy production. The company’s new business…
President Sheikh Khalifa bin Zayed Al Nahyan of UAE dies
The United Arab Emirates will hold 40 days of mourning after the longtime ruler died following a long illness, according to Deutsch Welles. Sheikh Khalifa bin Zayed Al Nahyan, the United Arab Emirates President whose modernization policies helped transform his…
Kaduna Governorship: How Uba Sani emerged as choice of key stakeholders
APC members and political cycles in Kaduna are still digesting the emergence of Senator Uba Sani as the gubernatorial aspirant that the supporters of incumbent Governor Nasir El-Rufai will back in the primaries. Preliminary feelers are that APC members are…
Why AON called off planned service withdrawal
Sopuruchi Onwuka Airline operators in Nigeria is awaiting the outcome of fresh round of dialogues with government officials and fuel market players to determine whether to proceed with its planned withdrawal of services to protest aviation fuel crisis in the…
Time for Nigerians to recover oil wealth from bandits
Sopuruchi Onwuka The recent fire explosion at an illegal refinery near oilfields in Imo State which claimed over 100 youths illustrate the scale of havoc criminal enterprises wreak on the Nigerian petroleum industry and the implicit plague on the Nigerian…
2023: Oil mogul, Sami Charles, set to challenge APC, PDP
The chairman of ANOG Group Sami Charles, and convener of the Foundation for a New Nigeria has mobilized millions of youth who sought to displace the ruling and opposition party on the road to 2023 elections aligned with the interest…
ExxonMobil invests N15 bn in 20 year combat with Malaria in Nigeria
ExxonMobil Foundation, in collaboration with ExxonMobil affiliate Companies in Nigeria, have announced grants for partner organizations committed to ending malaria in Nigeria. The 2022 grant recipients, according to the company, would tap into youth energy and sports activities in mobilizing…
NCDMB pools $40m credit facility for oil women
Women entrepreneurs in the Nigerian oil and gas industry can break barriers by taking advantage of the $40m fund created specifically for them under the Nigerian Content Intervention Fund (NCI Fund), the Executive Secretary of the Nigerian Content Development and…
