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China to build world’s largest LNG dual-fuel car carriers
China State Shipbuilding Corporation received an order to build two of the world’s largest dual-fuel car carriers. Designed and developed by the ...
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Journalist drags IGP, Dangote refinery, six others to court
—demands N100m compensation for unlawful arrest The Editor-in-Chief of Money Management Series (MMS) Plus Newspaper, Mr. Kingsley Anaroke has instituted a civil case ...
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Tension rises as Saudi coalition seizes tanker headed to Yemen
In a further escalation of the already unstable situation in the Red Sea, Houthi officials are accusing the Saudi Arabian-led coalition of ...
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MSC set to over take Maersk in containership capacity race
MSC added 411,000 teu of capacity last year, mostly via second-hand containership purchases, for a growth of 10.7%, to 4,266,805 teu, according ...
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OPEC+ sticks with plan to gradually boost output, despite Omicron
OPEC+ announced on Tuesday that it is sticking with its plan to gradually boost oil output next month, as the group brushed off ...
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US becomes world’s top LNG exporter for first time ever
The U.S. became the world’s No. 1 exporter of liquefied natural gas for the first time ever last month, as deliveries surged to ...
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Management of Port Harcourt refinery allays fears over New year inferno
Segun Oladipupo The management of Port Harcourt Refining Company (PHRC) has stated that the minor fire at the company on Saturday was caused ...
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IPMAN blames private depots for hike in petrol price
The Independent Petroleum Marketers of Nigeria (IPMAN) has blamed the increase in the pump price of petrol in South-Eastern states on the hike ...
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Navy arrests suspected crude oil thieves
Abiola Seun The Nigerian Navy Ship (NNS) Soroh, has arrested about 20 suspected crude oil thieves aboard a vessel marked MT TIS IV ...
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IMO Council seat: Stakeholders demand apology from NIMASA for serial losses
… say politicians should quit stage. Maritime stakeholders have called on the management of the Nigerian Maritime Administration and Safety Agency (NIMASA) to ...
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Fuel subsidy removal will fuel inflation, MAN warns FG
Abiola Seun The Manufacturers Association of Nigeria (MAN) has raised concerns that the proposed fuel subsidy removal by the Federal Government will lead ...
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Petroleum marketers back Nigerian government on removal of petrol subsidy
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has backed the Federal Government’s plan to remove subsidy on Premium Motor Spirit (PMS), also ...
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Group accuses Aiteo over poor response to Nembe Oil spill
Abayomi Adedinni The Ijaw National Congress (INC) has berated Aiteo Eastern Exploration and Production Company over alleged poor response to the Nov. ...
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Why black marketers, fuel queues resurfaced in Abuja—-Expert
Ayobami Adedinni An energy analyst, Adeola Yusuf, has revealed the reasons behind the resurgence in lingering queues at filling stations in Abuja , ...
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Oil spill agency to tackle menace with new strategy
Abayomi Adedinni The National Oil Spill Detection and Response Agency (NOSDRA) has said it has rolled out strategies to tackle incessant oil ...
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NNPC to mobilise funding for Badagry expressway
The Federal Controller of Works in Lagos, Mr. Olukayode Popoola, has said his ministry is fine-tuning modalities for Nigerian National Petroleum Corporation (NNPC) ...
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