Musings on Marble – 5/12/2022
A DOSE OF HUMILITY When people ask me some of the important ingredients for success, especially in business, one of my top five is humility. As a business owner, being...
Read More 
The Decision of the 34th OPEC and non-OPEC Ministerial Meeting
The 34th OPEC and non-OPEC Ministerial Meeting took place by videoconference on Sunday, 4 December 2022. According to the decision made by the OPEC and non-OPEC Participating Countries in the...
Read More 
India to Continue Purchasing Russian Oil after Sanctions go Into Effect
According to an official in the Indian Oil Ministry, India would continue to purchase Russian crude oil even after the embargo and price cap go into effect on Monday, December...
Read More 
The EU Set to Agree to a $60 Oil Price Cap
An EU diplomat told Reuters on Thursday that the EU has made a provisional decision to fix the price restriction on Russian crude oil at $60 per barrel. However, Poland,...
Read More 
Libya Calls for Increased Daily Oil Production
Libya's central bank governor, Sadiq Al-Kabir, told Bloomberg from the capital city of Tripoli that the war-torn OPEC country has to increase oil production to implement ambitious development plans and...
Read More 
Equatorial Guinea & DRC Sign MoU to Construct Joint Oil Refinery and Storage Facilities
At the ongoing Angola Oil & Gas (AOG) 2022 Conference and Exhibition, the Ministry of Mines and Hydrocarbons in Equatorial Guinea and Hydrocarbons and the Ministry of Hydrocarbons of the...
Read More 
Saudi Arabia & Iraq Reaffirm Support for OPEC+ Production Cut
The Energy Ministers of Saudi Arabia and Iraq reaffirmed their support for the reduction in oil production following a bilateral meeting on Thursday. Prince Abdulaziz bin Salman said in a...
Read More 
Germany Purchases LNG from Australia
According to Reuters, the Australian energy giant, Woodside has sent its first LNG shipment to Europe. Germany's Uniper purchased the 75,000-ton shipment. The North West Shelf project in Western Australia...
Read More 
Nigeria’s President Buhari Launches Historic Oil Drilling in Northern Nigeria
President Muhammadu Buhari signalled the start of the first crude oil drilling operation in northern Nigeria on Tuesday, on the border of Bauchi and Gombe states. The Kolmani River II...
Read More Musings on Marble – 20/11/2022
THE SATISFACTION OF IMPACT In the course of my career, I have met many people; those who have impacted my life positively and those who have through sheer negativity, caused...
Read More