Skip to content
When economic correction becomes social exposure
[By Sola Adebawo] Some reforms do not fail because they are economically unsound. They fail because they arrive faster than society can carry them. In policy circles, adjustment is often described as necessary correction. But outside those circles, what citizens…
Oil prices rise after attacks hit Saudi energy infrastructure
Ziggy Ojiegbe Global oil prices climbed after attacks on Saudi Arabia’s energy infrastructure disrupted production and transport capacity, raising fresh concerns about supply in already tight markets. International benchmark Brent crude settled at $95.92 per barrel on Thursday, before jumping…
Seplat JV advocates sustainability with more STEAM laboratories in Edo schools
The NNPC Exploration and Production Limited (NEPL)/Seplat Energy Joint Venture has commissioned two Science, Technology, Engineering, Arts and Mathematics (STEAM) laboratories built at the Ogbe and Uselu Secondary Schools in Oredo and Ikpoba Okha Local Government Areas of Edo State…
IEA demands lasting Iran war deal to stabilize oil market
Head of the International Energy Agency (IEA), Fatih Birol, has warned that a lasting agreement between the United States and Iran is essential to stabilize global energy supplies, as uncertainty lingers despite a temporary ceasefire. He said the recently announced…
Iran tightens grip on Hormuz, threatens vessels amid ceasefire
Tensions in the Gulf have escalated sharply as Iran moves to tighten control over the Strait of Hormuz, raising fresh concerns about global energy supplies despite a fragile ceasefire with the United States. Reports from semi-official Iranian outlets, including Islamic…
How “Ghost Murmur” technology aided US rescue mission in Iran
The United States used a previously undisclosed technology known as “Ghost Murmur” to help locate and rescue a downed airman during a high-risk operation inside Iran. According to reports, the Central Intelligence Agency deployed the system for the first time…
Local Content Funding: Players must show institutional readiness __Tony Attah
Sopuruchi Onwuka Players in the upstream petroleum industry who seek initial funding must advance propositions that demonstrate institutional readiness and commercial bankability in order to secure immediate cash, short-term equity investments and long-term capital support from the stock market. Managing…
Eni discovers 2 Tcf gas field in Egypt’s Mediterranean maters
Eni S.p.A. has announced a significant gas and condensate discovery offshore Egypt, reinforcing the Eastern Mediterranean’s position as a growing energy hub. The discovery was made at the Denise W-1 exploration well, located within the Temsah Concession about 70 kilometres…
Strait of Hormuz opens as US, Iran reach ceasefire
The United States and Iran have agreed to a conditional two-week ceasefire, allowing the resumption of shipping through the strategically vital Strait of Hormuz, in a fragile pause to weeks of escalating conflict. The agreement comes more than a month…
Shell, NNPC boost respiratory care with equipment donation to LUTH
Shell Nigeria Exploration and Production Company Limited and Nigerian National Petroleum Company Limited have strengthened Nigeria’s healthcare capacity with the donation of advanced respiratory diagnostic equipment to University of Lagos Teaching Hospital, marking a significant step toward improving pulmonary care…
