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Larger FPSO underway for Aje Field
Sopuruchi Onwuka Partners in the offshore Aje field are working to deploy a bigger permanent production vessel to drive production enhancement in the oilfield after overcoming initial funding setbacks and production downturns. Expectations for a new floating production vessel mean…
Chevron to sell headquarters, relocate from San Ramon to Texas
Sopuruchi Onwuka America energy multinational, Chevron, has declared intention to relocate from its registered head office in East Bay area of San Ramon to another location in Houston, Texas. Reason is that Chevron Corporation plans to sell the Bay Area…
Abia 2023: Prof Ikonne pledges inclusive governance, industrial rebirth
The gubernatorial candidate of the Peoples Democratic Party (PDP) in Abia State, Prof Elieazer Uche Ikonne, has pledged to accelerate infrastructural and industrial rebirth, create most congenial business environment and position the state on the path of irreversible growth. Prof…
CBE: Prince Charles accused of $3m cash gift from Sheik
There is astonishing allegation that prince Charles of England who is also the heir to the throne Queen Elizabeth II personally received a suitcase containing €1.0 million of some $1.05 million from a politician representing an Arab Sheik. “It was…
Woman, 35, gets 54 months jail term for sex with boy, 15
Thirty five year old Jodi Rae Ridenour in Willow Wood area of Ohio, United States, has been sentenced to four and half years in prison after pleading guilty to one count of third-degree felony unlawful sexual conduct with a minor….
US Gulf crude oil export to hit 4.8 mbd in 18 months
Sopuruchi Onwuka The stormy market turbulence caused by the Russian invasion of Ukraine and the scramble by producers to take greater supply roles will see the United States ramp up exports from its southern ports by significant 1.5 million barrels…
G7 aims to raise $600 billion to counter China’s Belt and Road
Group of Seven leaders on Sunday pledged to raise $600 billion in private and public funds over five years to finance needed infrastructure in developing countries and counter China’s older, multitrillion-dollar Belt and Road project. U.S. President Joe Biden and…
No hiding place: Israeli military develops technology to ‘see through walls’
New Israeli military technology allows users to detect objects and people behind walls by using an AI-based tracking algorithm, according to agency report. The Xaver 1000, produced by the Israeli imaging solutions company Camero-Tech, was unveiled for the first time…
Eroton searching containment solution to wild well oilspill
Indigenous independent oil producer, Eroton, has declared that it needs help in containing a wild well that has been spilling crude oil onto the wetlands of its operational site Niger Delta where vandals are suspected to have broken the wellhead….
Mercedes-Benz EV records 747 miles without recharging
Mercedes-Benz’s ultra-long-range electric car traveled 747 miles without stopping to charge, beating its previous record, the company said weekend. The sleek Vision EQXX, drove from Stuttgart, Germany, to Silverstone in the UK. Earlier this year, Mercedes took the concept car…
