Headlines Oil Deal: Nigeria to earn $5.60 billion Abiodun Oba | Nigeria will generate about $5.60 billion taxes and royalties from a new financing and technical services ... By maritimemagJuly 2, 20180
Oil & Gas Nigeria to attend 27th World Gas Conference (WGC) Holding in Washington Tayo Afolabi | Global leaders shall converge at the 27th World Gas Conference (WGC), taking place from 25th to 29th ... By maritimemagJune 28, 20180
News Lagos ports receive 10 ships with petrol, other commodities BABATUNDE SCOTT | At least 10 ships carrying petrol and other products are waiting to berth at Lagos ports, the Nigerian ... By maritimemagJune 27, 20180
News Oil: Prices rise despite OPEC stand Despite plans by producer cartel OPEC to raise output, oil prices rose, Tuesday as a result of uncertainty over Libyan oil exports. Although ... By maritimemagJune 26, 20180
Economy ‘Low oil production, price may limit implementation of 2018 budget’- Experts As members of the Organization Petroleum Exporting Countries (OPEC) head for a crucial meeting to decide on output policy which could crash the ... By maritimemagJune 23, 20180
Headlines Suspected Diesel smugglers arrested by Navy The Nigerian Navy in Bonny, Rivers State, on Thursday said that it arrested six suspected smugglers who stole 5.69 million litres of diesel ... By maritimemagJune 23, 20180
Headlines Fraudulent oil marketers rip Nigeria off through 50 per cent port charges rebate – NPA MD The Managing Director of Nigerian Ports Authority (NPA), Hadiza Usman has disclosed that the nation is losing huge sums of $561.2 million and ... By maritimemagJune 22, 20180
Headlines Saudi Arabia acknowledges big production hike would be “politically unacceptable” to arch foe Iran. With Saudi Arabia acknowledging that a big production hike would be “politically unacceptable” to arch foe Iran, OPEC energy ministers have expressed ... By maritimemagJune 21, 20180
Headlines We have gained a lot from OPEC’s Declaration of Cooperation – Kachikwu Oil and Gas sector in Nigeria had witnessed positive transformation since the “Declaration of Cooperation” by OPEC and non-OPEC members. The Minister of ... By maritimemagJune 21, 20180
News VLCC market, OPEC meeting set to Determine Direction For tanker owners, there is much at stake on Friday, 22 June when OPEC oil ministers gather in Vienna for what is likely ... By maritimemagJune 21, 20180
News Malaysia Company Begins Talks on Nigerian FPSO Deal Malaysia’s FPSO & FSO service provider Yinson Holdings has started exclusive negotiations for a potential supply and charter of floating production storage and ... By maritimemagJune 21, 20180
Oil & Gas Shell told to conduct integrity test on pipelines Shell Petroleum Development Company has been called upon to conduct an integrity test on its pipelines in the Niger Delta region. The Deputy ... By maritimemagJune 18, 20180
Headlines SHELL Activities Resume At Forcados Terminal Abiodun Oba | Shell Petroleum Development Company’s (SPDC) Forcados Export Terminal in Delta state has resumed normal operations. This followed ... By maritimemagJune 16, 20180
Headlines Over 1000 Illegal Refineries Destroyed In Warri Abiodun Oba | Over 1000 illegal refineries with swamp buggies in the Delta creeks have been destroyed. ... By maritimemagJune 13, 20180
Maritime Security 45,000 Litres of Adulterated Diesel Seized. Tayo Oladipupo | 45,000 litres of adulterated diesel have been seized with five suspects arrested. The NSCDC Commandant in ... By maritimemagJune 12, 20180
Cover FG set to hike gas supply to W/Africa from Lagos Abiodun Obadayo I The Minister of State for Petroleum Resources, Ibe Kachikwu has said the ... By maritimemagJune 7, 20180