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US licensing impasse sends panic shockwaves in LNG market
Sopuruchi Onwuka The challenges faced by natural gas liquefaction and export promoters in the United States of America is set to unsettle and reorder the pattern flow to the export market as key importers begin to shop medium to long…
NNPC, WAGC, Temile build LPG carriers
Sopuruchi Onwuka Nigeria is working up its position in the global gas liquids supply niche with more trading vessels underway to bridge supply gaps between the domestic and international fuel markets. According to the Nigerian National Petroleum Company (NNPC) Limited,…
Italy hosts development summit Africa’s devpt, migration
Italian Premier Giorgia Meloni opened a summit of African leaders on Monday aimed at illustrating Italy’s big development plan for the continent that her government hopes will stem migration flows, diversify sources of energy and forge a new relationship between…
Gas presents new window for Europe’s petroleum investments
Africa’s quest for commercial opportunities from its abundant natural gas resources and Europe’s growing demand for cleaner and more energy will dominate the discussions at the upcoming Invest in African Energy (IAE) forum in Paris in May. Organizers declared in…
Wilson begins pre-FEED, EPC for Nigerian FLNG projects
Sopuruchi Onwuka Nigeria’s gas export prospects are ramping up with more private investments in small and medium scale liquefaction projects offshore Niger Delta, a new development model outside the traditional Nigeria LNG which is also expanding its capacity with new…
Dere Otubu tasks Nigeria-India Business Council on power sector investments
Sopuruchi Onwuka The Chairman, Board of Directors of Eko Electricity Distribution Company (EKEDC), Dr. Dere Otubu has called for enhanced collaboration between Nigeria and India in driving advancements in the energy sector. Dr. Otubu who addressed delegated at a meeting…
Corruption, hostile environment hinder US investments in Nigeria
Sopuruchi Onwuka The government of the United States of America has blamed uncongenial business environment and fear of corruption as key hindrances to investment capital flow from the world’s biggest economy into the Africa’s most populous country. The American Secretary…
Oil prices climb on strong demand, Middle East crisis
Sopuruchi Onwuka The prices of crude at international commodity exchanges surged on Thursday as the International Energy Agency (IEA) agreed with rival Organization of Petroleum Exporting Countries (OPEC) that global demand for petroleum energy will remain string in the year….
Red Sea ship diversions unsettle vessel charter, bunker markets
* Shell, MOL, others halt all transits Sopuruchi Onwuka Continued Pirate attacks by unyielding Yemeni Houthi rebels on international shipping lines and the deterring airstrikes by the United States and the United Kingdom have made crossing canals and seas in…
India dumps sanction crippled Russia, shops oil supply in M. East
India dumps sanction crippled Russia, shops oil supply in M. East Sopuruchi Onwuka, with agency reports One of the fastest growing economies, India, continues to take its best options to meet its energy needs amidst the global security and trade…
