Oil & Gas Summiteer

Producers agonise in oil price slump

By Sonny Atumah The downbeat demand for global oil is on. No one wants oil now. Refineries are not processing more crude. Manufacturing demand for crude is weak. The global oil stockpiles continue to build with caverns almost full to their brims. Supertankers or very large crude carriers heavily laden with 160 million barrels of […]
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That N17 bn to track imported fuel: Witticism or joke

Between June and July 1925, Will Rogers (1879-1935) comedian, newspaper columnist, film and radio star, and political satirist revealed his encounter with the 30th President of the United States Calvin Coolidge. Asked how his funny stories were all thought up, Rogers a regular guest to the first family for light-hearted jokes replied: “I don’t make jokes, Mr. President; I watch the government and report the facts.”

The petrodollar–petroyuan controversy

English theologian, John Henry Newman (1801–1890) at the Oxford University Sermons on Faith and Reason, Contrasted as Habits of the Mind said that: “When men understand what each other means, they see, for the most part, that controversy is either superfluous or hopeless.”

Russian Arctic alternative route for LNG tankers to China

For centuries it has been a transport of delight watching vessels on shipping lanes crossing bodies of water. Shipping as a private and highly competitive service industry is divided into liner service, tanker operation, tramp shipping and industrial service, and, all of which operate on certain well-established routes.

The lure of crude oil versus value addition

William Shakespeare, the all-time great English playwright and poet used the idealization of comedy to portray our world. A servant would dream of having greatness thrust upon him without imbibing the enterprise culture. In Illyria the plot set in the Twelfth Night would continue to play out in Nigeria.

Lessons from Buhari’s visit to the Rotterdam refinery

President Muhammadu Buhari during the week visited the Netherlands. He may have been enthusiastic as he visited the home of global oil giants Royal Dutch Shell. His four-day visit to the Netherlands would have been one of the eventful periods in the last three years of his political reincarnation that he had sought cooperation and collaboration with friendly nations. Perhaps the Netherlands would have been his starting point based on petroleum historical ties of both nations.

Vanguard Detty December

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