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Iran opens Strait of Hormuz to non-American allies
Ziggy Ojiegbe Iran’s foreign minister announced that the Strait of Hormuz remains open to all vessels except those of the United States and its allies. The statement comes after President Trump threatened to strike Iranian oil facilities. Late Friday, the…
Iran suffers heavy blows but inflicts global economic pain
Ziggy Ojiegbe The Institute for the Study of War has declared that the US and Israeli military campaigns on Iran are right on target when it comes to firepower and core objectives to degrade Tehran’s military capabilities. The institute however…
NLNG expands VIBES program with103 new beneficiaries
Nigeria LNG Limited (NLNG) has inducted a new cohort of 103 trainees into its economic empowerment initiative, the Vocational Innovation Business and Empowerment Scheme (VIBES), as part of its 2026 program. The induction ceremony, held on Monday in Port Harcourt,…
Shell delivers Bonga FPSO maintenance with 80% Nigerian capacity
Sopuruchi Onwuka Shell is beating its chest with cumulative 80% Nigerian Content performance in the turnaround maintenance of Nigeria’s first large scale floater that has pumped oil from deepwater Bonga Main field since 2005. Local affiliate, Shell Nigeria Exploration and…
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…
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…
Oil crisis portends chaos on global economy__ Aramco CEO
Ziggy Ojiegbe The Chief Executive Officer of Saudi Aramco, Amin Nasser, has warned that continued disruptions to global energy supply could have “catastrophic” consequences for the world economy as tensions in the Middle East escalate. Speaking to analysts and investors…
Oil crunch: European forces mobilizing to reopen Strait of Hormuz
Sopuruchi Onwuka Military hardware from several European countries is being assembled in Cyprus following recent missile and drone attacks by Iran, as the United States and Israel intensify their aerial campaign against the Islamic Republic. The conflict has triggered a…
