NPA’s N27,000 e-call up system hijacked, sells for N150,000 by cabals – Freight forwarders By maritimemag
Headlines Ogoni Clean-up: FG hands over remediation sites to contractors Four additional oil spill impacted sites have been handed over to contractors for the clean-up of polluted Ogoni communities by the Federal Government. ... By maritimemagMay 25, 20190
Cover Oil prices set for worst week in 6 months Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as low refinery runs and ongoing trade ... By maritimemagMay 24, 20190
Headlines OIL: Subsidy by the Nigerian National Petroleum Corporation (NNPC) not sustainable The Depot and Petroleum Marketers Association of Nigeria (DAPMAN) says the ongoing subsidy by the Nigerian National Petroleum Corporation (NNPC) was not sustainable. ... By maritimemagMay 23, 20190
Headlines FG has no plans to proscribe NUPENG – Ngige The Minister of Labour and Employment, Dr Christ Ngige, has denied the allegations by the Nigeria Union of Petroleum and Natural Gas Workers ... By maritimemagMay 22, 20190
News “You Have a Case to Answer, Court Tells ex-NNPC GMD The Federal High Court, Abuja on Thursday, told the former Group Managing Director, (GMD) of the Nigerian National Petroleum Corporation, (NNPC), Andrew Yakubu ... By maritimemagMay 20, 20190
Economy IOCs Degrade Niger Delta Environment – Seriake Dickson International Oil Companies (IOCs) have been blamed for degrading the predominantly swampy Niger Delta environment through oil and gas exploration and production. In ... By maritimemagMay 12, 20190
Headlines OPEC in the dark on oil supply as Russia, Iran cut exports OPEC is in the dark on the oil supply outlook for the second half of this year, with Iranian and Russian outages looking ... By maritimemagMay 10, 20190
Cover GAS: NNPC, Seplat partner to boost domestic supply The Nigerian National Petroleum Corporation (NNPC) has taken steps to ensure a daily delivery of 300millon standard cubic of gas per day ... By maritimemagMay 4, 20190
News NNPC’s crude: 132 companies bid for sales contract The Nigerian National Petroleum Corporation (NNPC) on Thursday opened 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) to its local and ... By maritimemagMay 3, 20190
Cover Using oil ‘as a weapon’ causes damage to OPEC – Iran Iran’s oil minister hit out on Wednesday against the use of oil sanctions “as a weapon” by the United States and the damage ... By maritimemagMay 2, 20190
Cover Ogoni Killing: 4 widows of executed activists defeat Royal Dutch Shell A Dutch court said it has jurisdiction to hear a damages suit brought against energy company Royal Dutch Shell by four widows ... By maritimemagMay 2, 20190
Headlines 20 Nigerian oil cargoes remain unsold despite price cut ’Femi Asu with agency reports About 15 to 20 cargoes of Nigerian crude oil from the April loading programme remain unsold despite ... By maritimemagMay 2, 20190
Headlines There’s an oil superstore at sea hoarding fuel for a gathering storm SINGAPORE (Bloomberg) — The world’s biggest offshore oil supermarket is stocking up for anti-pollution rules that Goldman Sachs Group Inc. predicts will upend ... By maritimemagApril 30, 20190
Economy OIL: US blocks Venezuela’s export President Maduro of Venezuela: US hits economic lifeline with sanction, blocking oil exports US harshest sanction against Venezuela came into effect Sunday with ... By maritimemagApril 29, 20190
Headlines Eastern Libyan forces send warship to oil port – As NOC condemns militarization of facilities Eastern Libyan military forces have sent a war ship to the eastern oil port of Ras Lanuf, their spokesman said on Saturday, ... By maritimemagApril 28, 20190
Cover NNPC shifts 40 billion oil reserves target to 2025 The Nigerian National Petroleum Corporation has said it seeks to increase the nation’s crude oil reserves to 40 billion barrels and production ... By maritimemagApril 27, 20190