January 05, 2026 Venezuela has shipped out about a dozen oil tankers carrying crude and petroleum products in recent days, with vessels departing in dark mode, TankerTrackers.com said on Monday. All these tankers that have stealthily left Venezuela have been sanctioned by the U.S. Treasury, according to TankerTrackers.com data cited by Reuters. The dozen or so departures […]Read More
…Kola Adesina commends collaboration among stakeholders The Group Managing Director of Sahara Power Group (SPG), Kola Adesina, has expressed strong confidence in the federal government’s long-term infrastructure and economic reform agenda, saying recent policy actions under President Bola Tinubu have created a more predictable and investor-friendly environment for Nigeria’s power sector. Sahara Power is Nigeria’s […]Read More
January 5, 2026 President Bola Tinubu has written two letters to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). In the first letter, President Tinubu nominated Senator Magnus Abe to serve as the NUPRC board […]Read More
Yes, the U.S. has significant strategic and economic interests in Venezuela’s vast oil reserves, particularly its heavy sour crude needed by U.S. refineries, but recent events suggest a broader agenda involving geopolitical influence, regime change, and combating drug trafficking (though the latter is debated). While oil is a primary driver, U.S. involvement encompasses rebuilding its […]Read More
January 02, 2026 Despite the public spat between two of OPEC’s top producers, Saudi Arabia and the United Arab Emirates (UAE), the wider OPEC+ group is expected to confirm at a Sunday meeting that it would hold output steady through the first quarter of 2026, delegates from the alliance told Reuters on Friday. In recent days, OPEC’s […]Read More
January 03, 2026 US special operations forces seized Venezuelan President Nicolás Maduro and his wife, Cilia Flores, in a nighttime operation to bring him to the United States to face a 2020 narco-terrorism indictment. The removal of Maduro has immediately created a power vacuum in Venezuela, leading to massive market volatility in the energy sector […]Read More
January 2, 2026 Manufacturing stakeholders, including the Manufacturers Association of Nigeria and the Centre for the Promotion of Private Enterprise, have projected that the country’s manufacturing sector will record a real growth of 3.1 per cent in 2026, with its contribution to real Gross Domestic Product rising to 10.2 per cent, provided key policy reforms […]Read More
Eket, Nigeria – December, 2025 The NNPC/Seplat Joint Venture has celebrated a historic triple milestone, marking 30 years of the Technical Training Centre (TTC), the graduation of Apprentice Group 13, and an exceptional 2 million man-hours without a single recordable incident in its offshore operations. The commemorative event, themed “From Roots to Results – Three […]Read More
December 31, 2025 The market for ultra-high-purity (UHP) graphite, essential for Electric Vehicle anodes and nuclear reactors, is projected to hit $1.43 billion by 2030, masking structural friction in the global energy transition. The vast majority (86% in 2024) of UHP graphite is synthetic, requiring a massive industrial footprint of fossil fuel feedstock and staggering […]Read More
January 1, 2026 Fellow Compatriots, I welcome you all to 2026, with gratitude to God and confidence in our collective resolve that this new year will be a more prosperous one for our nation, our citizens, and all who call Nigeria home. During 2025, we sustained the momentum on our major reforms. We had a […]Read More
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