NPA’s N27,000 e-call up system hijacked, sells for N150,000 by cabals – Freight forwarders By maritimemag
Cover Nigerian crude: Coronavirus triggers glut A glut of unsold, high-quality Nigerian crude continues to build up with weak global demand caused by coronavirus and surplus supplies by ... By maritimemagMarch 21, 20200
Headlines Senate may revisit Petroleum Industry Bill The Nigerian Senate is to revisit the Petroleum Industry Bill (PIB) and the Investment and Securities Act (ISA), Bill. Senator Ibikunle Amosun, ... By maritimemagMarch 21, 20200
Cover 15 Oil thieves bag three years jail term Chinazor Megbolu Not less than 15 men comprising of indigenes and foreigners bagged three-year jail terms for oil theft. The jail terms ... By maritimemagMarch 17, 20200
Cover Nigeria loses $1.7bn to gas flaring Chinazor Megbolu Nigeria has lost $1.7 billion as a result of gas flaring in the country. The loss came as a result ... By maritimemagMarch 15, 20200
Economy FG considers reducing petrol pump price Abiodun OBA | The Minister of State, Petroleum Resources, Mr Timipre Sylva, said the Federal Government is working on possible reduction of ... By maritimemagMarch 15, 20200
Headlines Oil changes course in Asian afternoon trade as prices jump almost 4% Oil abruptly changed course in Asian afternoon trade, with West Texas Intermediate rising four percent to $33 a barrel and Brent crude up ... By maritimemagMarch 14, 20200
Cover Threat of flood of cheap supply compounds oil slump The slump in oil is being compounded by the threat of a flood of cheap supply as Saudi Arabia and United Arab ... By maritimemagMarch 13, 20200
Cover OIL: Price fluctuation, clear warning to diversify – Niger Governor Niger State Governor and Chairman, North Central Governors’ Forum, Abubakar Sani Bello, has said the constant fluctuation of crude oil prices at ... By maritimemagMarch 12, 20200
Economy Oil Price crash came as a shock, says FG Chinazor Megbolu | The Federal Government of Nigeria has said the oil Price crash on Monday came as shock to the nation. Speaking ... By maritimemagMarch 12, 20200
Cover OIL: After dizzying losses, Stocks, oil rebound Global stocks and oil prices rebounded Tuesday on hopes of US economic stimulus efforts as the coronavirus rages, one day after ... By maritimemagMarch 11, 20200
Cover Two key LNG projects likely to be delayed The decision by the government of Papua New Guinea (PNG) to halt talks with ExxonMobil about the state’s share of revenues ... By maritimemagMarch 11, 20200
Cover Oil: Buhari, Emefiele, Kyari, others meet — Price crashes to $33, loses $11 in hours The President, Major General Muhammadu Buhari (retd.) and officials dealing with government finances on Monday, met in Abuja. Those attendance were the ... By maritimemagMarch 10, 20200
Headlines $2.571b Gas Project: Ganduje commends FEC The Federal Government has been commended on the Executive Council’s $2.571b approval for the Ajaokuta-Kaduna-Kano Gas project. Kano State Governor Abdullahi Umar Ganduje ... By maritimemagMarch 10, 20200
Headlines NNPC to Diversify into Power Generation Chinazor Megbolu In a bid towards boosting power generation in Nigeria, the Nigerian National Petroleum Corporation, (NNPC) is set to diversify soon. The ... By maritimemagMarch 9, 20200
Cover SON decries use of 12.5 kg cylinders and above as camp gases The Standards Organisation of Nigeria (SON) has conducted mass sensitisation campaigns to create awareness on the dangers associated with the use of ... By maritimemagMarch 9, 20200
Cover Oil sinks to $46 as OPEC, others’ talks collapse Negotiations between the Organisation of Petroleum Exporting Countries and its partners broke down resulting in the international oil benchmark, Brent crude, tumbling ... By maritimemagMarch 8, 20200
