Blog | Page 18 of 125 | Ibe Kachikwu

21st June 2022

China Working on Investing in the World’s Largest Offshore Gas Project

According to Reuters, which cited unnamed sources, Chinese state-owned energy corporations are negotiating investments in the expansion of Qatar's North Field and are ready to sign long-term supply contracts. Qatar's...

19th June 2022

Musings on Marble – 19/06/2022

IMPORTANT BUSINESS MOVES TO MAKE BEFORE THE BIG 40 (Part 2) Taking proactive steps to ensure that you retire in good health and comfort goes way beyond ‘saving for the...

17th June 2022

Russia Says It May Continue With OPEC+ Deal Even After 2022

According to Russian Deputy Prime Minister Alexander Novak, Russia's participation in the OPEC+ oil output pact could continue even after it officially expires at the end of this year. Novak...

16th June 2022

Oil Demand to Reach Record-High in 2023 – IEA

The International Energy Agency (IEA) stated on Wednesday in its initial outlook for 2023 that oil demand growth will accelerate next year, with world demand averaging a record 101.6 million...

15th June 2022

Oil Prices Soar as OPEC Reports a Drop in Production in May

According to the OPEC Monthly Oil Market Report released on Tuesday, the cartel did not increase output in May as promised but instead it recorded losses for the month. Saudi...

14th June 2022

Libya Loses 1.1 Million Bpd as Nearly All Its Oil Fields are Currently Not Producing

Libya's oil production is declining at a rate of 1.1 million barrels per day, according to the country's oil minister, Mohammed Aoun, who also stated that nearly all of the...

13th June 2022

Germany Could Spend $10 Billion To Bail Out Gazprom Germania GmbH

According to Bloomberg on Monday, Germany could lend up to $10.4 billion (10 billion euro) to bail out a former unit of Russia's Gazprom that the German government expropriated earlier...

12th June 2022

MUSINGS ON MARBLE – 12/06/2022

Fatherhood with Ibe DOWN MEMORY LANE Now, all thanks to God’s mercy, my son Emeka has married his sweetheart in an occasion that was both serene and colourful. The wedding...

12th June 2022

High Gasoline Prices May Limit Support for Energy Transition – Chevron’s CEO

According to Mike Wirth, CEO of Chevron, record-high fuel costs in many nations may weaken public support for a green energy transition, as consumers have begun to associate high prices...

11th June 2022

India is Reportedly Looking to Buy More Russian Oil

Sources familiar with the Indian firms' plans told Bloomberg on Monday that India's demand for cheap Russian crude is insatiable, with some of the country's largest refiners looking to negotiate...