March 19, 2026 President Bola Tinubu on Thursday said Nigeria and the United Kingdom must build on their longstanding relationship by strengthening trade ties and expanding mutually beneficial economic cooperation. President Tinubu met with United Kingdom Prime Minister Sir Keir Starmer at Downing Street, where the two countries agreed on a deal to refurbish two […]Read More
March 20, 2026 Amid the biggest oil supply shock in history, the International Energy Agency (IEA) on Friday called on governments and consumers to consider immediate measures to reduce oil demand, including working from home and avoiding air travel where possible. The IEA, which last week launched the biggest coordinated emergency stocks release, of 400 […]Read More
March 20, 2026 The QatarEnergy expects the damage to the Ras Laffan LNG complex, the world’s single largest LNG-producing facility, to cost it about $20 billion per year in lost revenue and to take up to five years to repair. The Iranian missile attacks on Qatar’s Ras Laffan Industrial City (RLIC) earlier this week dashed […]Read More
The United States (U.S.) recently stated that China would cross a “red line” if it decided to supply lethal weapons to Russia amidst the ongoing Ukraine war. However, this statement raises several questions about the definition and consistency of such boundaries. The U.S. freely provides arms to Ukraine, but expects that no other nation should […]Read More
March 19, 2026 President Trump has said Israel will not target Iranian gas infrastructure again, after “lashing out” and striking a processing facility at the world’s biggest natural gas field. If Iran retaliated again, however, Trump warned in a social media post, Israel could strike again, Reuters reported, citing the U.S. president. The Israelis hit […]Read More
March 18, 2026 Oil prices climbed sharply in early Asian trading on Thursday as the Middle East conflict continued to escalate and energy infrastructure was targeted across the Gulf. At the time of writing, Brent crude had climbed to $112.00, up 4.27%, while West Texas Intermediate had risen 2.73% to $98.95. The latest price spike […]Read More
Dangote Petroleum Refinery and Dangote Fertiliser Limited have donated school materials valued at N241 million to 3,704 students across host communities in Ibeju-Lekki, Lagos, as part of their ongoing commitment to education and community development. The initiative, unveiled during the 6th edition of the Dangote Scholarship Award Programme, saw the distribution of school bags, uniforms, […]Read More
March 18, 2026# China could come out on top – or at the very least vindicated – as a result of the United States’ and Israel’s war in Iran. As the world reels from skyrocketing oil prices and general energy market volatility, China is reaping the rewards of the huge energy stockpiles that it has […]Read More
March 18, 2026 The production of microchips may be negatively affected by the ongoing conflict in the Middle East, due to supply chain disruptions, particularly of helium, which is key to semiconductor manufacturing. Some unexpected industries are being hit hard by the Iran war, as several supply chains are being severely disrupted, not just oil […]Read More
March 18, 2026 A pipeline leak at Libya’s largest oil field, Sharara, caused a fire on Thursday, prompting a redirection of the flow of oil, the National Oil Corporation said in a statement. NOC said that “Production at the Sharara field continues: some flow was gradually redirected to the El Feel pipeline toward Mellitah port, […]Read More
