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Pipeline

Pipelines Cyberattack: Oil prices rally as forces shutdown of U.S. fuel pipelines, Russia denies involvement.

Colonial Pipeline said its main fuel lines remained offline after the attack that shut the system on , but some smaller lines between terminals and delivery points were now operational. Though accusing fingers were pointing towards Russia, but it has denied all allegations of being responsible on the alleged pipelines cyberattack.  President Joe Biden  in reaction […]

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Baoshan Iron & Steel Announces Profits Hike on High Prices, Booming Global Demand

Baoshan Iron & Steel Co. Ltd, the main listed subsidiary of the world’s largest steelmaker has announced that its net profit soared by nearly two and a half times in the first quarter, as rising prices for the metal continue to swell the coffers of Chinese mills. The company also known as Baosteel, posted net […]

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Nigeria: Feud over pipeline surveillance contract turns deadly in Bayelsa

The prolonged dispute over who controls pipeline surveillance contract has turned deadly as one person is feared dead and several others injured in a gun battle in Bilabiri community, Ekeremor Local Government Area of Bayelsa State. Our correspondent gathered that the gun duel by two rival youth groups in the area was a battle of […]

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