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India pointed as Russia sneaks oil export into US

The US has raised concerns that India hid the origin of Russian oil shipped to New York, a top Indian central banker said. Speaking at a recent event in Bhubaneswar, India, Michael Patra, the deputy governor heading monetary policy at…

Aramco, 5 oil majors post $110.9 bn Q2 profit

Sopuruchi Onwuka Five multinational oil majors and one international national oil firm jointly posted whopping $110.9 billion profit in second quarter of the year, amplifying the role of the companies in meeting ever rising global energy demand. The record profit…

African Business Roundtable, Afreximbank conclude online masterclass

The African Business Roundtable (ABR) and the African Import-Export Bank (Afreximbank) have rounded off the coordinated Project Preparation Masterclass webinar for businesses in the continent. The masterclass which held last week was designed to bring business projects to fruition. According…

Elon Musk demands Twitter deal be based on real accounts

Elon Musk said that if Twitter Inc. could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion deal to buy the company should proceed on its original terms. “However, if…

More orbital debris may rain on earth

As the sun swings into more active cycle and greater number of rockets shoot into the outer space, there is increased tendency for people in our world to add falling space junk into the list of outdoor hazards. The Oracle…

Biden has Omicron subvariant BA.5, copes with upper respiratory infection

President Biden of the United States of America is “doing just fine” as of last night as he weathers COVID-19, White House COVID-19 response coordinator Ashish Jha said Sunday. White House uses Biden’s COVID infection to stress importance of vaccination…

S. Arabia can’t violate OPEC quota, ministers tells Biden

Sopuruchi Onwuka, with agency reports The Kingdom of Saudi Arabia is committed to output decisions of the members of the Organization of Petroleum Exporting Countries (OPEC) and its coalition producers, officials affirmed to the visiting President of the United States…

Renewable investors return to dirty plants for grid access

Sopuruchi Onwuka, with agency reports With fossil fuel now falling behind in the new energy order, investors in renewable power projects are crowding old coal and dirty oil fired plants to localize their generation facilities for common access to evacuation…

Intoxicated pilot flew on empty tank, lands plane on highway

An aircraft pilot who has been determined to be intoxicated landed his plane on a Missouri highway early Friday after running out of fuel was arrested for allegedly flying while intoxicated, authorities said. Troopers responded to reports of a small…

Saudi trip: Biden warms up to MBS, addresses Khashoggi murder

Sopuruchi Onwuka, with agency reports After years of altercations and power flexing,President Joe Biden on Friday landed in Saudi Arabi and met with the young defiant crown prince, Mohammed bin Salman also called MBS. The meeting came as the United…