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OPEC+ assigns Nigeria 1.718 mbd output in March
Keeps production rate in lane Sopuruchi Onwuka Nigeria is to pump her crude oil grades to the international markets at daily rate of 1.718 million barrels (1.718 mbd) in March, according to the new production quota released by the 23…
US teacher had sex with student, marries him, case dismissed
The charge against a former Sarcoxie High School teacher for having alleged sexual contact with a student has been dismissed in light of their subsequent marriage and its impact on prosecution of the case. Baylee A. Turner, 26, was charged…
Russian-Ukraine tension opens new LNG market opportunities
As German axe dangles on Nord Stream 2 pipeline project Sopuruchi Onwuka Global gas exporters mainly from Middle East and Africa keenly watch the power play between Western powers and Russia over the security of Ukraine. And precariously located in…
How Reconnaissance popped Namibian oil play
Sopuruchi Onwuka The ongoing exploration campaigns and emerging leads suggest that the international wild cat explorer, Reconnaissance Energy Africa, might have discovered a new petroleum play that could add two African nations into the global petroleum production map. The company…
German cyber-attack hits Shell operations
Sopuruchi Onwuka Multinational energy firm, Shell, declared Tuesday that its operations in Germany have been affected by cyber-attack on two supply logistics service companies: Oiltanking Deutschland GmbH and oil trading firm Mabanaft. Shell Deutschland GmbH said on Tuesday that the…
Former Miss USA takes suicide jump from skyscraper
Sopuruchi Onwuka, with agency reports Former American beauty queen who also worked as a lawyer took her own life Monday by jumping off a high rise building in Manhattan, New York. She was last seen on a terrace 29 stories…
OPEC to shoot up oil output this year
Sopuruchi Onwuka Cumulative crude oil output by the Organization of Petroleum Exporting Countries (OPEC) will rise by significant 2.7 million barrels per day in 2022, according to the Energy Information Administration (EIA) of the United States. The agency which provides…
More COVID-19 variants underway as experts downgrade IHU
Sopuruchi Onwuka The world must brace for emergence of more variants of the dreaded SARS-COV-2, the pathogen that causes novel coronavirus disease also known as COVID-19. In separate briefings on the new variants of the virus including the widespread Omicron…
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…
OPEC: Barkindo to bow out as Sec Gen in August
Sopuruchi Onwuka Nigeria’s oil diplomacy maestro, Dr Mohammad Sanusi Barkindo, who has functioned as the Secretary General of the Organization of Petroleum Exporting Countries (OPEC) since 2016, will serve out his tenure this July and yield the position to newly…
