NPA’s N27,000 e-call up system hijacked, sells for N150,000 by cabals – Freight forwarders By maritimemag
Headlines NNPC records 109 percent upturn revenue with trading surplus of N2.68 billion Peter Olaniyi | The Nigerian National Petroleum Corporation (NNPC) has said the corporation recorded a 109 per cent upturn in revenue with a ... By maritimemagAugust 7, 20200
Headlines LASEMA, stakeholders inaugurate committee on storage and sale of gas cylinders in Lagos. Chinazor Megbolu | The Lagos State Emergency Management Agency (LASEMA) and other stakeholders have inaugurated a working committee on gas cylinders in ... By maritimemagAugust 7, 20200
Headlines Fuel scarcity looms in Lagos, Ogun as Nigeria hikes Petrol Ex-depot price by N5.32 per litre Peter Olaniyi | There is palpable fear of fuel scarcity in the country as many petrol stations yesterday shutdown their operations in ... By maritimemagAugust 6, 20200
Breaking News Again, fuel pump price jumps to N145 per litre — as FG increases deposit price of petrol to N138.62 per litre Chinazor Megbolu | From today, Nigerians will buy Premium Motor Spirit (PMS) otherwise known as petrol at N145 per litre, ... By maritimemagAugust 5, 20200
Headlines UBA supports Nigeria’s Petroleum sector with $200m Chinazor Megbolu | The United Bank for Africa Plc (UBA) has supported the investment and liquidity drive of the nation’s ... By maritimemagAugust 5, 20200
Headlines NNPC loses second ex-GMD in less than five months as Joseph Dawha dies Peter Olaniyi | The former Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC), Engineer Joseph Dawha, is dead. Dawah is ... By maritimemagAugust 4, 20200
Headlines Shell announces downsizing of employees — says staff strength bloated Chinazor Megbolu | A foremost oil explorer, Shell Petroleum Development Corporation, has announced it will downsize its staff strength in ... By maritimemagAugust 3, 20200
Headlines NNPC to sue Mexican company over $125 million ‘attempted fraud’ Chinazor Megbolu | For attempting to defraud the Federal Government of more than $125 million, the Nigerian National Petroleum Corporation (NNPC) has ... By maritimemagAugust 2, 20200
Headlines OPEC July oil output surges as Gulf voluntary cuts end OPEC oil output has risen by over 1 million barrels per day (bpd) in July as Saudi Arabia and other Gulf members ended ... By maritimemagAugust 2, 20200
Headlines Covid-19 weighs on global oil demand —- as OPEC battles consumer shift The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC. The pandemic drove ... By maritimemagAugust 1, 20200
Headlines Iraq flouts OPEC+ oil cut deal — increases exports in July Iraq’s crude oil exports have increased so far in July, shipping data showed and industry sources said, suggesting OPEC’s second-largest producer is still ... By maritimemagJuly 31, 20200
Headlines Oil prices may crash again as market structure signals return of glut. Rising OPEC and U.S. oil supply, coupled with stalled economic and crude demand recovery, have pushed the futures market structure back to indicating ... By maritimemagJuly 31, 20200
Headlines Sudden relocation of tank farms will trigger fuel scarcity — -NNPC warns agitators Peter Olaniyi | The Nigerian National Petroleum Corporation (NNPC) has warned against a swift relocation of over 100 fuel tank farms and ... By maritimemagJuly 26, 20200
Headlines Gas flaring gulps $780m in six months Chinazor Megbolu | Flaring of gas in the country’s oil and gas has cost Nigeria $780 million. Data from the Nigerian Gas ... By maritimemagJuly 24, 20200
Headlines DPR disqualifies indebted companies from bidding for marginal field … tasks lubricant producers on export market Chinazor Megbolu | The Department of Petroleum Resources (DPR) has disqualified some participating companies from the 2020 marginal fields bid round. The oil ... By maritimemagJuly 23, 20200
Headlines NLNG denies withdrawal of $1.05bn from NNPC account Chinazor Megbolu | The Nigeria LNG (NLNG) Limited has debunked reports that its Managing Director, Mr. Tony Attah, was involved in the ... By maritimemagJuly 22, 20200
