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Prices jump as Europe considers oil sanction against Russian
Saudi Arabia raises prices for customers across the globe, report says Prices of crude oil jumped on Monday rising by as much as 4% after European countries voiced intention to dump Russian oil and Saudi Arabia raised prices for some…
Why OPEC+ stuck to scheduled output for May
Sopuruchi Onwuka With unabated Russian oil exports going rogue and the United States pouring over 180 million barrels of crude into the oil market, a boost in the collective output of the coalition of the Organization of Petroleum Exporting Countries…
Helios partners Sojitz in propelling Axxela
Sopuruchi Onwuka Leading indigenous natural gas provider, Axxela Limited has earned an international partnership deal capable of utilizing imported capital to spread out larger gas supply facilities in Nigeria and West Africa. The company stated that the partnership agreement between…
FactSpace partners AW Free Foundation against misinformation
One of the leading fact-checking organizations in Africa, FactSpace West Africa, has entered partnership with AW Free Foundation to expand the fight against misinformation, disinformation, fake news and propaganda across Africa. AW Free Foundation is a non-profit organisation founded by…
Okowa lauds Heritage Energy on local content policy compliance
Sopuruchi Onwuka American international oil independent, Heritage Energy Operational Services Limited (HEOSL), has earned the commendation of the Delta State government on its high Nigerian Content policy compliance level. Governor Ifeanyi Okowa whose presentation was delivered at the Stakeholders Summit…
Would artisanal refiners accept NUPRC’s invite to legitimate business?
Sopuruchi Onwuka The threats and admonition by power packed government inspection team that visited scenes of pipeline vandalism and destroyed illegal artisanal refining facilities in the Niger Delta signal a fresh start in the vain repetition of treating symptoms instead…
Putin threatens nuclear disaster as key Kremlin official flees
One of President Vladimir Putin’s closest allies warned the United States on Wednesday that the world could spiral towards a nuclear dystopia if Washington pressed on with what the Kremlin casts as a long-term plot to destroy Russia. The threat…
United States, UN mourn Madeleine Albright at 84
(Agency reports) Former Secretary of State to the United States’ government, Madeleine Albright, died from cancer on Wednesday at the age of 84. The death of Ms Albright was announced by her family just weeks after she had warned the…
FG recovering power infrastructure from obsolescence __NERC
Sopuruchi Onwuka Federal government is working to recover the nation’s electric power infrastructure from prevailing obsolescence, sinking trillions of Naira in revamping and expanding transmission and distribution network in delivering improved electricity supply to homes and businesses in the country….
NERC lays commercial incentives for power supply improvement
Assures sustainable market for meter producers Sopuruchi Onwuka Federal government has declared plans for sustainable capacity growth in the nation’s electric power sector through performance based incentives for players, especially the distribution companies that would stake significant investments in advancing…
