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Delta, United airlines cancel flights to Israel as M.East set to explode
United Airlines is suspending its daily flights to Israel, beginning with the Wednesday night flight from Newark to Tel Aviv, as tensions in the Middle East escalate. “Beginning with this evening’s flight from Newark Liberty to Tel Aviv, we are…
From volumes to sweet grades, Nigeria cedes market to US
Sopuruchi Onwuka The United States of America, once the key destination of Nigeria’s light sweet crude oil prized in the market for high yield of transportation fuels, is now the nemesis of mainly West African producers of the same grade…
World’s oil reserves remain at 1.5 trn barrels __Rystad
Sopuruchi Onwuka, with agency reports Recoverable hydrocarbon liquids reserves that would continue to fire engines for transportation and industry remain at 1.5 trillion barrels, according to latest research published by Rystad Energy. The figure is some 52 billion barrels lower…
WIEN Woman Podcast: Ifeoma Finnih unloads experience in Episode III
The Women in Energy Network (WIEN) has kept faith with its weekly podcast series which rolls into the third episode with Ifeoma Finnih on the spotlight. The third episode of the WIEN Woman Podcast went live on July 31 with…
Access Bank UK raises funds for education
Sopuruchi Onwuka Access Bank UK Limited has concluded its annual Polo Day at Guards Polo Club, Windsor, on July 20. The annual charity event, which is part of the bank’s Corporate Social Responsibility (CSR), is the culmination of a year-long…
Access Bank Wins Euromoney Awards for Excellence 2024
• Receives accolades for ‘Best Bank’ and ‘Best Bank for ESG’ Access Bank has announced winning the Euromoney Awards for Excellence 2024, after being named Nigeria’s Best Bank and Ghana’s Best Bank for Environmental, Social, and Governance (ESG) practices. The…
China leads world’s production with $5.06 trn output
Sopuruchi Onwuka China has been declared undisputed global manufacturing champion, churning out about a third of goods produced across the world in for 2022, the most recently available data on global manufacturing showed. According to analysis of official data by…
Seplat Energy posts N308.2 bn operating income for H1, 2024
Sopuruchi Onwuka Indigenous independent energy producer, Seplat Energy PLC, has declared that its operating profit for the first half of the year has risen to significant N285.2 billion, adding that profit before tax (PBT) also jumped to N244 billion According to the…
NLNG says energy efficient Aktoras in town for 1st cargo
Africca’s largest gas liquefaction company, the Nigeria LNG Limited (NLNG), has declared deployment of its new state-of-the-art and energy-efficient vessel, AKTORAS, on maiden loading of LNG from operated Bonny Terminal. The AKTORAS is a 174,000 m3 capacity LNG carrier, with…
Engr. Ogbe restates NCDMB’s support for indigenous firms
Sopuruchi Onwuka The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has assured Nigerian oil and gas service companies of continued support to sustain the impressive growth in local content and to boost their production…
