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Axxela joins United Nations Global Compact
Sopuruchi Onwuka Pioneer private sector developer of natural gas distribution pipelines in Nigeria, Axxela Limited (Axxela), declares that it has joined thousands of global corporate operators in promoting sustainability under the United Nations (UN) Global Compact initiative. Axxela is a…
Oil prices climb on strong demand, Middle East crisis
Sopuruchi Onwuka The prices of crude at international commodity exchanges surged on Thursday as the International Energy Agency (IEA) agreed with rival Organization of Petroleum Exporting Countries (OPEC) that global demand for petroleum energy will remain string in the year….
Iran enters the Middle East fray, fires in all directions
A branch of the Iranian armed forces, the Islamic Revolutionary Guard Corps, unleashed its fore power in the week as it went in pursuit if the country’s perceived enemies everywhere in the region. Iran launched ballistic missiles into Iraq and…
Israel rejects Palestinian State solution to Gaza conflict
Israeli Prime Minister Benjamin Netanyahu said Thursday he has told the United States that he opposes the establishment of a Palestinian state as part of any postwar scenario, underscoring the deep divisions between the close allies three months into Israel’s…
Red Sea ship diversions unsettle vessel charter, bunker markets
* Shell, MOL, others halt all transits Sopuruchi Onwuka Continued Pirate attacks by unyielding Yemeni Houthi rebels on international shipping lines and the deterring airstrikes by the United States and the United Kingdom have made crossing canals and seas in…
Yemeni govt invites ground offensive to neutralize Houthi rebels
The deputy leader of Yemen’s presidential council said Thursday that its military forces need foreign assistance to launch a ground operation that would back US and UK air strikes against Huthi rebels. Aidarus al-Zubaidi, vice president of the Presidential Leadership…
France leads 23 nation ‘artillery coalition’ to rearm Ukraine
Sopuruchi Onwuka, with agency reports France, the United States and other Western allies agreed in Paris on Thursday to rearm Ukraine with fresh military supplies as war front signals showed that the Russia is having upper hand in the lingering…
India dumps sanction crippled Russia, shops oil supply in M. East
India dumps sanction crippled Russia, shops oil supply in M. East Sopuruchi Onwuka, with agency reports One of the fastest growing economies, India, continues to take its best options to meet its energy needs amidst the global security and trade…
Dorman Long thanks NCDMB, announces diamond celebrations
Sopuruchi Onwuka Local fabrication company, Dorman Long Engineering Limited, is grateful to the Nigerian Content Development and Monitoring Board (NCDMB) for its rapid growth in petroleum industry operations, saying that the Nigerian Content policy enabled its diversification from construction to…
TotalEnergies puts Ubeta, Perowei projects on the table
Sopuruchi Onwuka French multinational oil major, TotalEnergies, will activate two main projects in the year; putting the Ubeta gas project and the Perowei deepwater development in focus. To fast track the project, the Executive Secretary of the Nigerian Content Development…
