World Oil Prices Hit $58

[dropcap]O[/dropcap]il prices shot up over four per cent to their highest level since 2015 early on Monday after OPEC and other producers over the weekend in Vienna reached first output cut deal since 2001. They jointly reduced output in order to rein in oversupply and prop up the market. Brent sweet crude futures, the international…

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Mercedes-Benz Holds “Artificial Intelligence” Future Talk in Berlin

[dropcap]A[/dropcap] major focus of the recently concluded Mercedes-Benz“Future Talk”was on the integration of artificial intelligence in the field of mobility and the interaction of humans and machines. The Future Talk is a dialogue format successfully established by Mercedes-Benz in 2013. By exchanging ideas with vanguards from various disciplines, the brand shares its visions and, as…

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Black Carbon Emissions Worry Rivers State Residents

[dropcap]S[/dropcap]ome residents of Rivers state have expressed concern over the possible health dangers of black carbon emissions, believed to have resulted from illegal refining and constant burning of oil installations in the state. Residents of Choba, Eleme, Okrika, Trans-Amadi, Iwofe, Okwujagu and Rumuokoro told the News Agency of Nigeria (NAN) on Sunday that the area…

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11 ships Discharging Petrol at Lagos Port

[dropcap]E[/dropcap]leven ships are presently discharging petroleum products and other commodities at Apapa and Tin-Can Island ports in Lagos, the Nigerian Ports Authority (NPA) said on Friday. NPA explained that the ships were at the ports discharging petrol, empty containers, butane and other products. The News Agency of Nigeria (NAN) reports that 28 ships laden with petroleum products, food…

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