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War in Ukraine: FG processing 479 Nigerians for evacuation
Sopuruchi Onwuka Federal government has declared custody of some 479 Nigerians struggling to find their way home from the war ravaged Ukrainian cities following the invasion of the country by neighbouring Russia and worsening humanitarian situation in the country where…
OPEC, IEA see stronger oil demand, rising prices
Sopuruchi Onwuka Figures and forecasts by the world’s oil market antagonists, the Organization of Petroleum Exporting Countries (OPEC) and International Energy Association (IEA) confirm that galloping demand propels increase in the prices of crude oil and natural gas liquids. Whereas…
Oil market sustaining price surge despite energy transition
Sopuruchi Onwuka Global energy analysts and industry leaders push strong opinions that crude oil prices would sustain its current strength despite pointers to geopolitical tension and cold weather in northern hemisphere which are traditional transient drivers. Industry consultancy groups, opinion…
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…
