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Trump’s sanctions on Iran re-ignite oil market volatility
Sopuruchi Onwuka The US Department of Treasury weekend announced new sanctions on Iran, targeting 10 individuals and 27 commercial entities as nuclear negotiations seemingly hit a roadblock after Tehran rejected the idea of transferring its inventory of enriched uranium. More…
Clean energy forms 67% of global $3.3 trn energy investments
Sopuruchi Onwuka Despite the deceleration of demand migration from fossil fuels amid supply uncertainties from new energy sources, investors have continued to express strong confidence in the future of green energy which now commands global investment decisions. And China which…
Africa-Paris Declaration: Financing Africa’s energy future
[NJ Ayuk] The African Energy Chamber’s Africa-Paris Declaration reaffirms the continent’s commitment to pragmatic energy development, investor-driven partnerships and equitable energy access — with financing at the heart of the conversation. Following the Invest in African Energy Forum in Paris…
Trump remittance tax to hit forex inflow to Nigeria, Africa
Sopuruchi Onwuka The new tax bill by the government of the United States of America may deliver sour impact on developing economies of the world, and mainly Nigeria where diasporas’ remittances have formed an official channel of foreign exchange income….
Nigeria’s KGG hub earns Nigeria IGU’s Gas Award at WGC 2025
Sopuruchi Onwuka The Kwale Gas Gathering (KGG) hub,located in Kwale, Delta State, has earned Nigeria the Regional Gas Award for Africa by the International Gas Union (IGU); bringing homegrown innovations in petroleum industry decarbonization to global recognition. Chief Executive Officer…
EU-US trade standoff: How Ursula’s feminine tone tamed Trump
The soft tone of President of the European Union Commission, Ursula Von der Leyen, was all that was needed to bring belligerent President Donald Trump of the United States to stand down his threats of 50 percent hike in tariffs…
EU leaders scramble trade deal with edgy Trump
Sopuruchi Onwuka The 27-member European Union are taking calculated steps towards response to trade issues with President Donald Trump of the United States who is pressing for enhanced local content of products sold in the highly empowered American market. Trump…
Oil prices hang wait on conflict negotiations on Iran, Ukraine
Ease of sanctions on Iran is out of sight following sharp disagreement between the country and the United States. And the expected outcomes of the highly anticipated phone call between Presidents Vladimir Putin of Russia and Donald Trump of United…
Oil prices hang on conflict negotiations on Iran, Ukraine
Ease of sanctions on Iran is out of sight following sharp disagreement between the country and the United States. And the expected outcomes of the highly anticipated phone call between Presidents Vladimir Putin of Russia and Donald Trump of United…
Trump’s Middle East tour weighs on oil market fundamentals
Sopuruchi Onwuka Progress made on US-China trade negotiations and the improvement in the US-Iran nuclear negotiations have joined to erode pessimism on oil demand at a time the OPEC+ supply bloc has indicated nearly half a million barrels of incremental…
