Posts tagged as: Oil

‘Oil Demand To Hit 100 Million Barrel Per Day Soonest’

LAGOS SEPTMBER 5TH (NEWSRANGERS)-World oil consumption will reach 100 million barrels per day (bpd) later this year, hitting that level much sooner than previously forecast, OPEC’s secretary-general said on Wednesday. Mohammad Barkindo also told an energy conference in South Africa’s Cape Town that a stable environment was needed to encourage oil industry investment to meet […]

Oil Price Dives As West Hints At Suspending Further Syria Strikes

LAGOS APRIL 16TH (NEWSRANGERS)-The price of oil fell sharply on Monday as traders started to see a decreased likelihood of further escalation between Western powers and Syria, following Friday night’s air strikes on the conflict-stricken nation. Both major oil benchmarks have fallen on Monday morning. Brent oil — the international benchmark — is down 1.36% […]

Banters In Lagos, Poverty And Disease In The Niger Delta

By Jerome-Mario Utomi. LAGOS FEBRUARY 20TH (NEWSRANGERS)-The Eko Convention Centre, Lagos, venue of the meeting was lavishly decorated to impress, and it did impressed. The participants were corporately kitted; men and women alike. All seated in such a manner that could be mistaken for, fresh law graduates being called to the Nigerian Bar or shareholders […]

Scores Killed In Operation To Capture Venezuelan Pilot

LAGOS JANUARY 16TH (NEWSRANGERS)-Several people, including two police officers, were killed in an operation to capture a helicopter pilot who bombed Venezuela’s Supreme Court during anti-government protests last year, the interior ministry said Monday. A ministry statement said members of a “terrorist cell” were killed in a fierce gunbattle, and five were captured, but did […]

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