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Energy transition: Africa to host 2 bn cars by 2040
Sopuruchi Onwuka Nigeria and other developing economies of the world must brace to host about two billion vehicles that are fired with petroleum fuels as the industrialized nations that currently champion the global movement for energy transition plan total switch…
Climate change: Key factors COP26 ignored at Glasgow
By Dr Emmanuel Okoroafor The turnout at the recently concluded climate summit was impressive and loaded with declarations and pledges for net zero emissions. However, whether (and how fast) countries redeem their pledges has nothing to do with what their…
2021: Crude oil ruled commodity markets
Sopuruchi Onwuka Despite the vigorous push by the advanced industrial nations and environmental activists in 2021 to accelerate transition of demand from fossil fuels to greener renewable energy, petroleum commodities maintained strong market resilience in both demand and price. In…
Prince Igwe is Sun Investor of the Year
The Chairman of Chrisnak Group of Companies, Dr (Prince) Christian Odinaka Igwe, was Saturday night crown Investor of the Year, 2020 by leading media group in the country, The Sun newspaper. Dr Igwe stood tall amongst several other private businessmen…
Industrial economies responsible for climate crisis
OPEC demands energy security for emerging economies Sopuruchi Onwuka American and European countries currently at the forefront of the prevailing global climate action campaigns are actually the key culprits of global warming, historically puffing millions of tons of fumes into…
Three scientists win Nobel Prize in Physics
Three scientists-Syukuro Manabe, Klaus Hasselmann and Giorgio Parisi- have jointly won the coveted Nobel Prize in Physics, holding up their respective works on prediction of changes in global temperature and discovery of systemic planetary disorder. Whereas Syukuro Manabe and Klaus…
Wabote lays proviso for African local content policy
Sopuruchi Onwuka Executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, has charged African countries the rapidly embrace the Nigerian Content models in trapping the resource benefits for domestic economic development. Engr Wabote who made…
Cooking Gas: NLNG pulls prices with domestic supply
Sopuruchi Onwuka But for the 35 percent of total liquefied petroleum gas (LPG) also called cooking gas supplied from the liquefaction trains of the Nigerian Liquefied Natural Gas (NLNG) Limited, the prevailing jumps in the prices of the domestic fuel…
Photo story: Eulogies pour in as Obateru bows out
In what appears to be one of the most superlative performance appraisal reports ever given to any public official leaving office, the retirement of Dr Kennie Obateru from the position of Group General Manager in charge of Group Public Affairs…
Energy Security: Indigenous players tackle regulators as majors leave
Sopuruchi Onwuka Indigenous companies in the country and government regulators in the petroleum sector are yet to find common grounds on how to effectively capture the reins of operations in the industry as multinational players that have dominated the business…
