News U.S. resurrects bill seeking to sue OPEC over oil production, prices With oil prices hitting fresh four-year highs of over 85 dollars, long-dormant proposals to allow the United States to sue OPEC ... By maritimemagOctober 3, 20180
Headlines Buhari: Era of shady oil deals, brazen theft of billions over Tayo Afolabi | President Muhammadu Buhari says his administration is making progress in the fight against corruption as shady oil ... By maritimemagOctober 2, 20180
Headlines NNPC announces N18.12bn trade surplus Abiodun oba | The Nigerian National Petroleum Corporation (NNPC) in the month of May made a trade surplus of N18.12 billion, higher ... By maritimemagOctober 2, 20180
Oil & Gas OIL SMUGGLING: Navy detains suspected smugglers in major operation The Nigerian Navy has arrested no fewer than 14 men for smuggling adulterated diesel and ‘black oil’ to unsuspecting consumers in Rivers, an ... By maritimemagOctober 2, 20180
News As Iran sanctions loom, oil price goes toward $85 Brent crude oil prices hit their highest level since November 2014 on Monday ahead of U.S. sanctions against Iran that kick in next ... By maritimemagOctober 2, 20180
Headlines Industrial Harmony: Baru commends NUPENG, PENGASSAN Abiodun oba | The Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Dr Maikanti Baru has commended oil and gas workers’ unions ... By maritimemagSeptember 29, 20180
Headlines Oil: Iran sanctions Push prices toward $85 Oil prices rose on Thursday, driven by the prospect of a shortfall in global supply once U.S. sanctions against major crude exporter ... By maritimemagSeptember 28, 20180
Headlines NLC Strike: Avoid Panic Buying; we are 37-day PMS self-sufficient – NNPC The Nigerian National Petroleum Corporation (NNPC) appealed to motorists and other consumers of petroleum products across the country not to engage in panic ... By maritimemagSeptember 27, 20180
Headlines FG Stamps Foot on Gas flaring, to revoke licences of oil companies The Minister of State for Petroleum Resources, Dr Ibe Kachikwu says the federal government will from 2019 commence the revocation of the licences ... By maritimemagSeptember 26, 20180
News Ogoni clean-up: Nigerian Govt begins final selection of firms Selection process of pre-qualified companies for the clean-up of oil impacted communities in Ogoniland has commenced. The Hydro Carbon Pollution Remediation Project ... By maritimemagSeptember 25, 20180
Cover Civil Defence commences surveillance of petrol stations Nigerian Security and Civil Defence Corps (NSCDC) has commenced periodic surveillance of petrol stations in Nasarawa State to ensure the stations adhered ... By maritimemagSeptember 25, 20180
Headlines Expect 104.4 million bpd Oil demand in 2035 – Unipec As new technologies gradually eat into oil use world oil demand will peak at 104.4 million barrels per day (bpd) in the ... By maritimemagSeptember 25, 20180
Cover Oil prices jumped at 4-year high After Saudi and Russia ruled out any immediate increase in production, oil prices have jumped more than 2 per cent to a ... By maritimemagSeptember 25, 20180
Headlines DON’T DISTRUPT INDUSTRIAL HARMONY, NNPC BEGS UNIONS Abiodun oba | The Group Managing Director (GMD), NNPC, Dr Maikanti Baru, has urged oil workers not to do anything that ... By maritimemagSeptember 24, 20180
Headlines NNPC: No whistle-blower will get 5% of funds The Nigerian National Petroleum Corporation has vowed that none of its funds in a commercial bank will be subjected to the payment ... By maritimemagSeptember 23, 20180
Headlines Malabu Oil $1.1b bribe scandal: Nigerian, Italian jailed An Italian judge on Thursday sentenced two defendants to jail in the first leg of trials of the biggest graft scandal in the ... By maritimemagSeptember 22, 20180