Ibinabo G Kalio

138 Added | 7 Magazines | 6 Likes | 3 Following | 97 Followers | @Ibgreenson | Petroleum Geoscientist

What will Brexit mean for the Premier League?

Premier League executive chairman Richard Scudamore has come out in favour of Remain, but what are the real consequences of a Brexit?<p>Work Permits<p>With Britain voting to leave the EU, more than 100 players now fail to meet the current work permit criteria for non-EU players, and therefore do not …

China and India are changing the game for oil and gas

India and China have seen exponential growth in oil demand over the past 25 years. Combined, they consume 16 percent of the world's oil--second only to the U.S. at 20 percent. And analysts expect that by 2040, these two growing economies will double their combined consumption to 30 percent. These …

Oil

Want More Mental Energy at Work? Science Says Do These 4 Things | Inc.com

There's a reason why they call work <i>work</i>--it's not easy, and it can take a lot out of us. We get tired, our minds start to flag during the course of the day, and we lose our focus and concentration.<p>According to Emma Seppala--science director for Stanford University's Center for Compassion and …

Happiness

Oil prices may crash further because of oil producers' high debt levels

But according to Jaime Caruana, a General Manager at the Bank for International Settlements, the price of oil could crash even further — because of oil producers' high debt. Oil companies have $1.6 trillion in outstanding debt, Caruana says, triple the amount they carried eight years earlier. …

Oil

Putin ally absent as Russia considers joint action with OPEC

LONDON/MOSCOW (Reuters) - When Russian officials this week discussed the merits of jointly cutting oil output with OPEC to push up prices, one man -- President Vladimir Putin's ally Igor Sechin -- was conspicuous in his absence.<p>The no-show by the chief executive of Russia's biggest oil producer, …

Oil

The 2016 global economy explained in 7 charts

That said, it's impossible to know for sure how the year will go. Investors will find it tricky to navigate.<p>Alan Mudie, head of investment strategy at Societe Generale Private Banking, and his team have broken the major themes into a huge slideshow presentation.<p>We've selected a few slides we think …

Stock Markets

Sony unlocks PS4's seventh CPU core, data suggests

Middleware firm's update notes contain references to recent changes to PS4's processor allocation.<p>Sony is giving developers further access to the PlayStation 4's CPU resources, potentially paving the way for enhanced performance in future games, if the latest documentation from a middleware company …

Metal Gear
Middle East

Nigeria: Traders disassociate from Biafran leader Nnamdi Kanu and 'lawless' separatist groups

Some traders in states across south-eastern Nigeria have declared they do not want to be associated with the ongoing pro-Biafran movement. A …

50 trips everyone should take in the US in their lifetime

America has been called a lot of things: beautiful, majestic, wild, and great. It's all those and more.<p>Whether you're driving down the Pacific Coast Highway, whale watching in Cape Cod, or embracing your inner child at Orlando's Disney World, the US is full of incredible surprises.<p>From the East …

National Parks

Africa’s middle class is dramatically smaller than we think

Africa’s middle class may not be as big as economists have led us to beleive. According to a recent report by Credit Suisse that considers broad measures of wealth, rather than just income alone, only 3.3% of Africans should be considered middle class, or about 19 million people. That’s a far cry …

Africa

UPDATE 2-Nigeria defers plan to slash gas supply to Ghana | Reuters

* Nigeria’s N-Gaz was to cut supply by 70 pct<p>* Ghana due to increase domestic gas production<p>* World Bank praises Ghana economic reform plan (Adds comment from World Bank, context)<p>By Matthew Mpoke Bigg<p>ACCRA, Oct 16 (Reuters) - Nigeria has deferred a plan to slash gas exports to Ghana beginning …

Africa

Fracking Boom Bursts in Face of Low Oil Prices

The oil cartel, OPEC, has confirmed what has been obvious to many for months: U.S. shale production is in deep, deep trouble as the fracking boom …

Buhari's Backing Tightens Nigeria Central Bank's Grip on Naira

Investors hoping that Nigeria’s central bank Governor Godwin Emefiele will succumb to pressure to devalue the naira weren’t aware of one crucial …

Africa

I remember the day... I confronted Boko Haram | Africa

Jefferson (not his real name) jumped off the truck and flung his bulky frame onto the sand and shrubs beneath him. He raised his head and scoured the terrain. The 30 soldiers who had just arrived alongside him were taking fighting positions - some diving, others crouching.<p>They were in Mongonu, a …

Africa

Arctic Oil Drilling: Deluding Communities About the Benefits of Resource Extraction

President Obama's recent trip to Alaska focused renewed attention on oil drilling in the frozen north. Alaska's oil bounty has long kept state taxes low and has created employment for people working in and around the local energy industry. The problem with an overreliance on resource extraction for …

Fossil Fuels

OPEC cuts supply forecast for U.S. oil

The Organization of the Petroleum Exporting Countries cut its forecast of oil supplies from nonmember countries in 2015, a sign that crude’s price …

Oil

Russia flirts with Saudi Arabia as OPEC pain deepens

Kremlin energy tsar says OPEC may have to ditch its low-price policy within months. But Russia needs to cut output quietly too<p>The OPEC oil cartel cannot withstand the pain of low crude prices indefinitely and may be forced to abandon its pugnacious bid for market share within months, Russia's chief …

7 Habits to Work Proactively, Not Reactively

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>That proposal was due last week, you are days behind on finalizing the plan because decisions aren’t being made in meetings, there are 100 emails you need to respond to and back-to-back calls in your calendar today. Then, after skimming …

Time Management

5 Strategies I Used to Start and Grow a Successful Business With Only $200

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>I graduated from college in the <i>worst</i> year for finding a job in recent history: 2009. I had one interview after another, and the one offer I did receive kept getting delayed. I needed to find a job fast or move back home to California from …

Entrepreneurship

Putin: Russia and China can overcome any difficulty together

UFA, Russia (AP) — Welcoming China's leader to two summits in a Russian city, President Vladimir Putin said Wednesday that Russia and China can overcome their countries' difficulties by working together.<p>Putin and Chinese President Xi Jinping both arrived Wednesday in the Russian city of Ufa for …

Russia

Oil Price Forecast: Shale 2.0 Will Keep Supply Abundant

When we first started getting substantial oil from fracking and horizontal drilling, the news about costs indicated that oil production would decline at a fast rate when prices were low, pushing prices back up. New data, however, argue for rising productivity of shale oil development—meaning plenty …

Oil & Gas Industry

Buhari expected to keep oil portfolio for himself in new Nigeria cabinet | Reuters

ABUJA (Reuters) - President Muhammadu Buhari is likely to keep the oil portfolio for himself in the new Nigerian cabinet, rather than trust anyone else with the source of most of Nigeria’s revenue and traditional fount of corruption, associates say.<p>Muhammadu Buhari arrives for his swearing-in as …

Africa

Pacman Pacquiao, Poor Boy Who Made It Big, Gears For Next Fight: Running For Philippine Senate

The Philippine hero known as “Pacman” faces another huge struggle next year, but it won’t be in the ring.<p>Manny Pacquiao, who really should retire from boxing after pushing Floyd Mayweather around for a dozen rounds Saturday night, Sunday midday in the Philippines, is likely to run for the …

Asia

How will Nigeria fare under Buhari? | Africa

The curtain has been drawn on arguably the most anticipated event of the year in Africa, and Muhammadu Buhari has officially become president of the continent's most populous country.<p>Looking at all the disappointments and obstacles he has endured over the decades to create all the records that his …

Africa

Opec market report: Five graphs signalling higher oil prices

The Organisation of the Petroleum Exporting Countries (Opec) expects demand for oil to rise. Here are five graphs which show why prices are set to increase<p>Opec agreed to leave its production ceiling unchanged last week. Yet the group of 12 major producers expects oil demand to pick up this year, …

Oil

Oil to recover in 3-4 years as US shale fails to fill demand gap – Shell

<i>“Lower oil prices increase demand and reduce investment, and</i> [they] <i>already ha</i>[ve],” Shell CFO Simon Henry told Bloomberg on Tuesday, as energy …

Oil ends at lowest level in a week as OPEC meeting looms

Oil futures fell for a second straight session Thursday, with the U.S. benchmark settling at its lowest level in a week as traders braced for …

Oil

OPEC Is Winning the Oil War

As OPEC ministers meet in Vienna this week they’ll be debating whether the strategy that’s upended oil markets is working.<p>The last time the …

Oil

US big oil tells Opec 'anything you can do we can better'

American drillers say "unconventional production" here to stay<p>Big US oil majors have ventured into the home of Opec this week to deliver a brutal message to the Middle East-dominated oil cartel: 'Anything you can do we can do better.'<p>Ryan Lance, chief executive of ConocoPhilips, told members of the …

Oil