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...
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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...
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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...
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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...
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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...
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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...
Read More 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...
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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...
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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...
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Musings on Marble – 6/06/22
A CRACK IN THE WALL About three decades ago when I was building my first house, it looked to me like the most important project in the world. I...
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