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Iran opens talks with countries willing to negotiate sail cargoes across Hormuz
* Blames US-Israel attacks for closure The government of Iran has said countries seeking to move cargo through the Strait of Hormuz should negotiate directly with Tehran for safe passage, as tensions escalate following military actions by the United States…
NUPRC tightens rules for 2025 oil block bid round
Sopuruchi Onwuka Nigeria’s upstream oil regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says it is strengthening the procedures for the 2025 oil licensing bid round to ensure that only serious investors ready to carry out exploration activities are awarded…
NCDMB trains 33 engineers on pipeline maintenance
Sopuruchi Onwuka Thirty-three young graduates of engineering, geology and related disciplines have started a 12-month training program in pipeline engineering, corrosion control and monitoring. The training organized under the Nigerian Content Human Capital Development (NC HCD) Training Program is geared…
Man who crucified pastor denied request for death penalty
Ziggy Ojiegbe An Arizona man accused of killing a pastor and staging the body to resemble a crucifixion has been denied his request to be sentenced to death. Prosecutors say Adam Sheafe, 51, murdered William “Bill” Schonemann, a pastor at…
Ground offensive looms as Trump deploys additional war ships, troops
Frank Okon The United States is increasing its military presence in the Strait of Hormuz as Washington and its allies work to restore safe passage for global oil and cargo shipments. The narrow waterway, which carries roughly a fifth of…
Oil crunch worsens as Iran attacks Saudi air base, UAE oil port
Ziggy Ojiegbe Iran launched missile and drone attacks targeting Saudi Arabian air base that hosts U.S. forces, and an oil export facility in the United Arab Emirates, according to multiple media reports. The Prince Sultan Air Base was struck by…
Chevron declares resolve to contribute to Niger Delta development
Operator of the joint venture with Nigerian National petroleum Company Limited (NNPCL), Chevron Nigeria Limited, has confirmed its commitment to socio-economic development in the Niger Delta. Chevron said it has demonstrated the interest in stakeholder discussions on the proposed Escravos…
UN demands urgent $14 bn to save 87m people
Laments $1bn/day war in Iran Frank Okon Some 87 million people worldwide face the risk of death unless the international community urgently provides more than $14 billion in humanitarian aid, the United Nations emergency relief chief warned Thursday. Speaking in…
Africa Energies Summit faces boycott over inclusivity concerns
Ziggy Ojiegbe The African Energy Chamber has called for an industry-wide boycott of the upcoming Africa Energies Summit, citing concerns over the lack of Black African representation in the leadership of the event’s organizing company. The summit, organized by Frontier…
MSC, Nigerdock sign 45-year deal to build major container terminal in Lagos
Frank Okon Mediterranean Shipping Company (MSC) has signed a 45-year sub-concession agreement with Nigerdock to develop and operate a new container terminal at Snake Island Port in Lagos, marking a major investment in Nigeria’s maritime and logistics sector. Under the…
