U.S. crude oil prices have surpassed $90 a barrel for the first time since November 2022, driven by expectations of a tighter supply. West Texas Intermediate crude (WTI) rose 1.6% to reach a… Read More
Olive oil prices have reached record highs due to severe droughts in major producing countries, leading to an increase in thefts of the cooking oil. Global prices for olive oil rose to $8,90… Read More
California Attorney General Rob Bonta has filed a lawsuit against five major oil and gas companies, including ExxonMobil, Shell, Chevron, ConocoPhillips, and BP, as well as the American Petr… Read More
Brazil's President Luiz Inácio Lula da Silva aims to restore the country's climate credibility and prevent the Amazon from reaching a tipping point. Deforestation in Brazil's Amazon h… Read More
China's demand for oil, copper, and other major commodities is growing at robust rates, according to Goldman Sachs. The investment bank observed that China's demand for copper has risen 8% Y… Read More
The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II has signed a partnership deal with a Chinese company to create 50,000 jobs in Osun.
According to NAN, the Ife monarch signed the MoU with Chin… Read More
At least 18 people, including a pregnant woman, were killed in southern Nigeria when an illegal oil refinery exploded. The explosion occurred when a homemade refinery ignited a nearby oil re… Read More
Cash crops are grown for commercial purposes, not subsistence. They are high in demand and profitable and can include cotton, coffee, tobacco, sugarcane, and cocoa. These crops require speci… Read More
The International Energy Agency (IEA) and OPEC are engaged in a dispute over peak oil demand, which refers to the point when global crude demand reaches its highest level and begins to decli… Read More
Russia's government has lifted a ban on diesel exports delivered to sea ports via pipelines, removing a significant portion of the restrictions that were imposed last month. The Kremlin stat… Read More
Georgia is set to become the first state in the US to allow independent pharmacies to sell medical marijuana products. The Georgia Board of Pharmacy has started accepting applications, with… Read More
Energy experts predict that there may be a temporary spike in crude oil prices following the attack on Israel by Hamas, but the overall impact on the market will likely be limited. The exper… Read More
Oil prices rose 4% after Palestinian militants Hamas launched a surprise attack on Israel, extending the Israel-Hamas conflict into its third day. Global benchmark Brent traded at $88.02 a b… Read More
The Saudi energy minister, Prince Abdulaziz bin Salman, stated that the Saudi and Russia-led oil producers' alliance, known as OPEC+, is prepared to wait for "real numbers" before adjusting… Read More
A ‘church’ leader and his three sons have been sentenced to 12 years in prison after making $1 million from sale of toxic bleach they passed off as a ‘miracle cure’ f… Read More
OPEC has raised its long-term forecast for global oil demand, predicting it to reach 116 million barrels per day by 2045. This contrasts with the International Energy Agency's (IEA) predicti… Read More
Barely five months after Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited said the company would no longer be the sole importer of petrol into… Read More
A new study using a dating method called radiocarbon dating of conifer pollen has revealed that the oldest fossilized human footprints found in White Sands, New Mexico are over 20,000 years… Read More
The International Energy Agency (IEA) has warned that oil markets are likely to remain uncertain as the Israel-Hamas conflict continues. Although the conflict has not yet directly impacted p… Read More
The variety and richness of Nigerian cuisine is amazing! From flavorful jollof rice to yummy egusi soup, it has it all. Local ingredients like yam, plantain, and palm oil add so much flavor… Read More
Favour Nweke, the Nigerian woman from Rivers State, who bathed her husband, Ekelediri Nwokekoro, with hot groundnut oil in Okehi in Etche Local Government Area of the state, has spoken up.
S… Read More
ExxonMobil has agreed to acquire shale group Pioneer Natural Resources for $59.5 billion, making it the largest oil and gas deal in the US in over two decades. The deal will increase Exxon's… Read More
Many of the world’s largest public and private companies will soon be required to track and report almost all of their greenhouse gas emissions if they do business in California &ndash… Read More
Agriculture plays a vital role in the Nigerian economy, contributing to various aspects of the country’s development and well-being. Understanding the importance of agriculture can she… Read More
Nigeria has unveiled its 2024 budget of 26.01 trillion naira ($34 billion), assuming an oil price of $73.96 per barrel and an exchange rate of 700 naira per dollar. The budget allocates 8.25… Read More
A series of billion-dollar mergers and acquisitions in the Canadian oil sector indicates a strong industry with growing confidence in the short- and medium-term outlook for fossil fuels. Com… Read More
Swedish activist Greta Thunberg was arrested in London during an environmental protest outside a hotel hosting an oil executives' meeting. Thunberg was led away by police officers and placed… Read More
The Biden administration has eased sanctions on Venezuela's oil sector in response to a deal between the government and opposition parties for the 2024 election. The new general license allo… Read More
Ex-Niger Delta militant leaders have sent a serious warning to Sheikh Ahmad Gumi over comments he directed at the minister of the Federal Capital Territory (FCT), Nyesom Wike.
The militant l… Read More
Residents in Myanmar's largest city, Yangon, are facing food shortages and skipping meals due to soaring rice and cooking oil prices since the military junta took power in February 2021. The… Read More
Nigerian billionaire, Mike Adenuga has lost a staggering $300 million.
This is according to a report by Nairametrics.
The report stated that the Chairman of Conoil and the founder of Globaco… Read More
The upcoming U.N. Climate Change Conference (COP28) has sparked debates about various technologies and innovations to tackle climate change, including carbon capture. Lorenzo Simonelli, CEO… Read More
Oil prices slipped despite tensions rising in the Middle East as Israel sent ground forces into Gaza, with Brent down 1.06% at $89.52 per barrel and US West Texas Intermediate futures declin… Read More
Oil major BP reported a steep year-on-year decline in profits for the third quarter, falling short of analyst estimates. The company's underlying replacement cost profit was $3.293 billion… Read More
The Senate confirmed Mr Zacch Adedeji’s nomination as Chairman of the Federal Inland Revenue Service (FIRS) on Tuesday.
Adedeji, who appeared in the upper house on Tuesday for his scre… Read More
The US Treasury Department, in collaboration with the UK and Canada, has announced new sanctions against Myanmar's state energy company, Myanma Oil and Gas Enterprise. The sanctions, effecti… Read More
Shell reported a $6.2 billion profit for the third quarter, in line with estimates, thanks to higher oil prices and refining margins. The company also announced a $3.5 billion share buyback… Read More
The article discusses the Canadian government's decision to exempt home heating oil from the carbon tax for three years and expand a program to help those who use heating oil install electri… Read More
The news article titled "Balanced News: Oil and gas companies spill millions of gallons of wastewater in Texas" discusses the issue of produced water spills in Texas caused by oil and gas co… Read More
Members of Parliament will vote on a motion from the federal Conservatives today, which calls for the carbon price to be exempted from all forms of home heating, not just heating oil. Conser… Read More
A new report by the U.N. Environment Programme (UNEP) and Stockholm Environment Institute reveals that governments are planning to increase fossil fuel production by 110% in 2030, which woul… Read More
Sammi Hanratty is an American actress who rose to fame after playing the lead female role of Chrissa Maxwell in the film An American Girl: Chrissa Stands Strong in 2009.
Sammi made a name… Read More
Kinsey Wolanski is a Russian-American actress, model, social media personality, and YouTuber who lives in Sacramento, California. She is well known for her famous prank videos on YouTube.Kin… Read More
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