Photo News: Tincan Island Port Intercepts Large Quantity of Pump Action Riffles Concealed With POP Cement

Hamilton Nwosa
Writer

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Big Oil Cuts Back as $60 Oil Bites

Big Oil’s early-year optimism has faded. With Brent stuck near $60–$70, shale employment is falling. Forecasts have turned bearish, with talk of sub-$60 Brent and a drop in global upstream capex, raising doubts that majors can sustain current spending and dividends if prices stay low. In their first-quarter financial reports this year, Big Oil majors…

Alleged $7.2bn Fraud: Ex-NNPCL Boss, Mele Kyari, Leaves EFCC After interrogation

By Abiola Olawale Mr Mele Kyari, the immediate past Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), has left the Economic and Financial Crimes Commission (EFCC) headquarters in Abuja on Wednesday evening after hours of interrogation. The New Diplomat's checks reveal that Kyari was released by EFCC after an initial interrogation…

Epstein scandal: UK’s PM Starmer sacks Mandelson as US ambassador after shocking revelations

By Obinna Uballa Britain’s Prime Minister Keir Starmer has sacked Peter Mandelson as the country’s ambassador to the United States after a storm of revelations about his long-standing ties to convicted sex offender Jeffrey Epstein. Mandelson’s sack came after United States lawmakers released Epstein’s 2003 “birthday book,” in which the veteran Labour politician wrote a…

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Unlocking Opportunities in the Gulf of Guinea during UNGA80
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