Debts everywhere: NNPC owes oil traders N2.3 trn
Sopuruchi Onwuka The desperate efforts by the new administration of President Bola Tinubu to gain control of the country’s fiscal channels may suffer glitches as more and more debts float to the surface. In addition to the current pile of…
Malaysian oil production hits ceiling at 2.0 mmboed
Sopuruchi Onwuka Oil and gas production from the state of Malaysia will reach the maximum capacity of 2.0 million barrels of oil equivalent per day (MMboed) by next year before maintain a plateau of taking a plunge. The Malaysian national…
E. Guinea posts zero oil export in May
Sopuruchi Onwuka Crude oil export from Equatorial Guinea dropped to zero in the month of May in proportion to the country’s cumulative production in the same month. Market sources quoting tanker tracking Petro-Logistics checked the box for zero export from…
Workers hospitalized in Russian gas field brawl
Sopuruchi Onwuka It appears everything about Russia is fighting its way into international stage where the country’s reputation as garrulous players is building from its invasion of Ukraine through a spark of militant insurrection that attempted a regime change. This…
Palace coup: Putin resurfaces, drops charges against Prigozhin’s crew
Sopuruchi Onwuka, with agency reports Russian government has fulfilled its pledge to grant pardon to mutineers who attempted to dethrone President Vladimir Putin in a surprise raid which took the world by surprise last weekend. The peace deal brokered by…
NLNG empowers journalists with digital reporting skills
Nigeria LNG Limited has successfully concluded the 2023 #NLNGChangeYourStory workshop for journalists, aimed at enhancing their digital communication and social media skills. The workshop, which spanned three days, brought together over 20 journalists from various editorial sections. The annual capacity-building…
Shell battles another oil spill mess
Sopuruchi Onwuka Shell Petroleum Development Company (SPDC) Nigeria Limited is back to arguments over its liability to environmental remediation related to massive oil spill affecting farm lands, fresh water and fishes in the operating environment. First hand reports hold that…
Coup attempt: Putin’s plane disappears from radar, location unknown
The whereabouts of the President of Russia, Mr Vladimir Putin, is now a subject of debate after one of his official planes departed from Moscow and suddenly disappeared from the radars on its way to Valdai. President Putin came under…
Crisis escalation feared in Africa after Wagner’s rift with Putin
Sopuruchi Onwuka Several governments in the Sahel region of Africa will now after struggle with control of the Russian Wagner mercenaries after its leader has severed ties with Russian government and would now fight for its own funds. The group…
Belarus offers Wagner chief asylum
The owner of the Russian Wagner mercenary group, Yevgeny Prigozhin, would now be exiled to Belarus after disembarking his campaign to topple President Vladimir Putin’s government following fallout of clashes with Russian troops while offering his services. Yevgeny Prigozhin dropped…
