NPA’s N27,000 e-call up system hijacked, sells for N150,000 by cabals – Freight forwarders By maritimemag
Headlines Oil prices close higher on last day of 2018 Oil prices climbed on the last trading day of the year on Monday, mirroring gains in stock markets, but were on track for ... By maritimemagJanuary 1, 20190
News 31 Ships with petrol, other products expected – NPA The Nigerian Ports Authority (NPA) says it is expecting 31 ships to bring petroleum products, food and other goods at the Apapa ... By maritimemagDecember 28, 20180
Cover FG gets commendation for Fuel stress-free Christmas The Federal Government has been praised for ensuring availability of fuel during Christmas celebration. Some residents, who spoke in Benin, said the availability ... By maritimemagDecember 27, 20180
Headlines World’s largest floating LNG platform starts production Royal Dutch Shell said on Wednesday it has begun output at its Prelude Floating Liquefied Natural Gas (FLNG) facility in Australia, the world’s ... By maritimemagDecember 27, 20180
Headlines NNPC subsidises PMS with N1.5bn daily The Nigerian National Petroleum Corporation is currently subsidising Premium Motor Spirit, popularly known as petrol, by about N1.5bn every day. Although the corporation ... By maritimemagDecember 26, 20180
Headlines DPR tackles fuel diversion to neighbouring countries The Department of Petroleum Resource, Kaduna zonal office, says it had taken adequate measures to tackle fuel diversion to neighbouring countries like Republics of Chad, Niger ... By maritimemagDecember 26, 20180
Cover N1.34tn IGR, budget office misrepresents fact – PPPRA The Petroleum Products Pricing Regulatory Agency says all the revenue collected by the agency since its inception was less than 1.6 per cent ... By maritimemagDecember 25, 20180
Headlines IPMAN assures of 24-hour fuel supply during Yuletide The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reiterated its commitment to ensure 24-hour supply of petroleum products across the country during ... By maritimemagDecember 25, 20180
Headlines Gas production: Shell announces FID on project Shell Petroleum Development Company of Nigeria Limited (SPDC) has announced the Final Investment Decision (FID) on the Assa North Gas Development Project ... By maritimemagDecember 25, 20180
Headlines Oil: OPEC cuts Nigeria’s production quota to 1.68 million bpd Nigeria is expected to cut its crude oil production by 3.04 per cent to 1.685 million barrels per day for the first ... By maritimemagDecember 23, 20180
Headlines 70% of lubricants in Nigeria are substandard — SON The Director-General, Standards Organisation of Nigeria, Osita Aboloma, has disclosed that over 70 per cent of the lubricants in the market failed ... By maritimemagDecember 23, 20180
Headlines Malabu oil: Swiss close to revealing Nigerian beneficiaries of $1.1b bribes Materials in a suitcase seized nearly three years ago by Swiss authorities may unlock the identities of the Nigerian recipients of the $1.1billion ... By maritimemagDecember 22, 20180
Cover Pirate Skiffs Surround Crude Oil Tanker in Arabian Sea A number of pirate skiffs have surrounded a crude oil tanker in a latest incident reported in the Arabian Sea, according to piracy ... By maritimemagDecember 21, 20180
News Oil: Brent crashes to $54 Oil prices fell more than four percent on Thursday, hitting their lowest in more than a year on worries about oversupply and ... By maritimemagDecember 21, 20180
News Pipeline Inferno: Victims count losses The raging fire at Abule Egba early Wednesday after thieves attempted to steal petrol from NNPC pipeline As victims count their losses, ... By ReporterDecember 21, 20180
Headlines Malabu Scam: $523m bribe cash traced to ex- ministers, politicians About $523 million of the $1.092 billion paid for the controversial Malabu Oil Block (OPL 245) was shared out as bribes to ... By maritimemagDecember 20, 20180