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An international oil pipeline running through a key rebel-held city in eastern Ukraine blew up on Friday, Russian media said, with images showing a fireball lighting up the night sky.

The Chairman of the Human and Environmental Development Agenda (HEDA), Olanrewaju Suraju, was yesterday arraigned before a Federal High Court in Abuja. Suraju was arraigned on a two-count charge filed by the office of the Attorney General of the Federation (AGF) in which he was accused of cyber-stalking a former AGF, Mohammed Adoke. Salihu Bagudu from the Federal Ministry of Justice represented the prosecution while Muiz Banire (SAN) represented the defendant. When the charge was read yesterday, Suraju pleaded not guilty, following which his lawyer applied for bail. Justice Binta Nyako granted him bail and adjourned till May 10 for the commencement of trial. Adoke had, in a petition to the police, accused the HEDA boss of peddling falsehood against him in respect of the Malabu oil scam. He had, in the petition, demanded a probe of email evidence presented against him by prosecutors in the Malabu trial in Milan, Italy, admitting that the Malabu transaction was a scam. In count one of the charge marked: FHC/ABJ/CS/370/2021, Suraju is accused of intentionally circulating an audio telephone interview between one Ms.

The 63rd foundation day of Oil India Limited was held at its field headquarters in Duliajan on Friday along with its offices across the country.

As many as 35 major cyberattacks on energy and oil infrastructure have taken place since 2017, making up one-third of all cyberattack incidents of the past five years, data from the S&P Global Platts Oil Security Sentinel research project showed on Friday. Since 2017, the U.S. has been the most targeted country, followed by the UK and Saudi Arabia, according to S&P Global Platts Oil Security Sentinel. Several high-profile cyberattacks have occurred in the past year alone, including the major ransomware attack on the computer network of

NEW YORK (Reuters) A U.S. stock market, already on edge from a hawkish Federal Reserve and a conflict between Russia and Ukraine, now has another worry: higher oil prices. U.S. crude prices stand at around $91 a barrel after surging some 40% since Dec. 1 and earlier this week touched their highest level since Read More

Large explosion in Luhansk. Potentially a pipeline. US equities struggle to the finish line in tough week Fed''s Brainard: It''s appropriate to start a series of rate hikes in March White House: Sanctions not intended to reduce Russia''s ability to supply energy WTI crude oil futu

The meeting was to discuss ways to address the prevailing security challenges affecting oil production in the country. The post CDS meets oil producing state governors, pledges improved security in region appeared first on Premium Times Nigeria .

This week''s DOE inventory update showed a larger than expected 12.6mb draw in oil and oil products (USO).TSA checkpoint numbers pointed to a ~13% increase in traffic week on…

By Achadu Gabriel, Kaduna For millions of Nigerians that fall far below the average, It’s no longer news that the country is blinking and drifting, if not author plotting. From the North to the South, East and West, Nigerians are lamenting. This lamentation cut across the length and width of the country. Begining from insecurity to adulterated and scarcity of fuel, everybody is feeling the heat across the entire nation. Poverty level has not only increased or multiplied, but has continue to scale up the strata of the society. Both in the north and in the South, people are crying for hunger brought to the fore by insecurity especially terrorism. Farming, which is the main stay of the country’s economy and occupation has been dwindled and jettison due to incessant attacks, kidnapping and killings of farmers by the Bandits. In some instances, entire community are ran sacked and their ancestral home taking over by the terrorists. Even though more people are languishing in the north owing to the rampant case of attacks, Kidnapping and Killings by the terrorists on daily basis.

Crude oil markets have initially pulled back during the trading session on Friday, but then turned around to show signs of life yet again as we continue to see plenty of fundamental reasons to go higher.

Friends of the Earth says a ruling by Court of Appeal judges relating to an oil well in Surrey might have implications for the planned mine.

''Energy uncertainty in the world''

LUANDA, Angola: Angola, the second-largest crude producer in sub-Saharan Africa, on Thursday (Friday in Manila) said oil exports rose 3 percent during the last three months of 2021 as energy prices soared. The country raked in $7.8 billion from crude oil exports between October and December, when prices averaged $79 a barrel, the secretary of state for oil and gas, Jose Alexandre Barroso, said. The export volume "represented an increase of 3 percent over the previous quarter," he told a news conference in the capital Luanda. Angola exported a total of 394 million barrels of crude oil last year, he added. In December, the International Monetary Fund (IMF) projected that Angola''s economy will grow by about 4 percent in the medium term, "bolstered by the implementation of planned growth-enhancing structural reforms." "Continued fiscal restraint should deliver a substantial overall surplus in 2021, while higher oil prices are supporting a high current account surplus," the IMF said in a statement.

Events in Russia and Iran have caused investor sentiment to cool.

Motorists in Iraq''s main northern city of Mosul queued for hours on Friday to fill up their cars with petrol, with authorities blaming shortages on smuggling to the nearby Kurdistan region. For the past week, long lines have formed at petrol stations in Mosul and the rest of Nineveh province, AFP journalists reported. Soldiers were deployed in some stations to contain any violence, as tempers flared among motorists over the petrol shortage. "Our lives are made of waiting in line. It has become a routine," taxi driver Abdel Khaliq al-Mousalli complained.