Headlines Fuel scarcity looms in Ibadan There is looming fuel scarcity in Ibadan due to non-availability of the product at the depot. The Independent Petroleum Marketers Association ... By maritimemagAugust 3, 20180
Headlines Help recover excess revenues… NNPC urges RMAFC The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has been called upon to ensure recovery of revenues borne by the corporation on behalf ... By maritimemagAugust 3, 20180
Headlines Transcorp begins Oil Exploration from OPL 281 in 2019 Transnational Corporation of Nigeria Plc Oil Prospecting Licence (OPL) 281 asset (located in Delta state) is to be converted to Oil Mining Lease ... By maritimemagAugust 2, 20180
Cover ExxonMobil: shares fall; earnings jump but miss estimates Higher oil prices drove increased profits for US oil giant ExxonMobil, but the earnings report missed analyst expectations due to natural gas ... By maritimemagJuly 27, 20180
Oil & Gas Oil Exports in Red Sea Lane Halts; Houthi Attacks Following Yemen’s Iran-aligned Houthis attack of two ships in the waterway, Saudi Arabia has temporarily halted all oil shipments through Bab al-Mandeb ... By maritimemagJuly 27, 20180
Oil & Gas Abide by all rules and regulations to avoid penalties – DPR Abiodun oba | The Department of Petroleum Resources (DPR) has advised all petroleum products marketers in the country to ... By maritimemagJuly 26, 20180
Headlines New Texas Crude Export Terminal Planned Credit: Enterprise Products Partners Enterprise Products Partners is planning to develop an offshore crude oil export terminal off the Texas Gulf Coast. The terminal would be capable ... By maritimemagJuly 21, 20180
Cover WORKERS PROTEST: ExxonMobil HQ Shut for sacking 860 Nigerian staffers Abiodun Obadayo. —— Workers besieged Lagos headquarters of ExxonMobil on Tuesday in Lagos protesting the sacking of workers, mainly Nigerians. ... By maritimemagJuly 18, 20180
Headlines Nigeria to get $3bn China offshore oil corporation investment Abiodun Oba | The China National Offshore Oil Corporation (CNOOC) is to invest an additional three billion ... By maritimemagJuly 17, 20180
Oil & Gas LNG: Total Buys Engie Upstream Business Engie’s portfolio of upstream LNG assets has been bought for $1.5 billion by Total. Additional payments of up to $ 550 million could ... By maritimemagJuly 16, 20180
Cover Dangote Refinery sets 2020 for petrol, fertilizer export begins this year The Dangote refinery plans to start selling petrol, diesel and aviation fuel by early 2020, but the fertiliser plant, will start producing ... By maritimemagJuly 15, 20180
Headlines Lekki refinery: Dangote gets $650m Afreximbank loan Africa’s richest man, Aliko Dangote, has secured a $650 million loan facility with the African Export-Import Bank (Afreximbank) for his oil refinery project ... By maritimemagJuly 15, 20180
Headlines NLNG: NNPC others sign Train 7 deal – President praises step Obadayo Abiodun | President Muhammadu Buhari on Wednesday congratulated the board, management, members of staff and shareholders ... By maritimemagJuly 12, 20180
Headlines We don’t rely on IOCs, JVP for oil monitoring –DRP Tayo Oladipupo | Department of Petroleum Resources (DPR) has disclosed that the department does not rely on International Oil ... By maritimemagJuly 11, 20180
Headlines GAS SUPPLY: Domestic demand for gas in Nigeria unprecedented Abiodun Obadayo | Domestic demand for gas in Nigeria has been described as being unprecedented, with a ... By maritimemagJuly 4, 20180
Headlines Oil: Prices rise after Libya declares force majeure on supplies Oil prices rose on Tuesday after Libya declared force majeure on some of its supplies, although an overall rise in OPEC output ... By maritimemagJuly 3, 20180
