NPA’s N27,000 e-call up system hijacked, sells for N150,000 by cabals – Freight forwarders By maritimemag
News NNPC Retail hits N1.8bn profit in 2017 – MD The Nigerian National Petroleum Corporation (NNPC) Retail a subsidiary of the NNPC, made N1.8 billion profit after tax in 2017. The ... By maritimemagDecember 20, 20180
Oil & Gas International Oil Company owes FG $1.6bn in taxes – EFCC witness Mr Emefun Etudo, a prosecution witness for the Economic and Financial Crimes Commission (EFCC) alleged in Lagos, that Trafigura Beheer BV and ... By maritimemagDecember 20, 20180
News Subsidy: FG pays oil marketers, freezes interest on loan Mr Henry Ikem-Obih, Chief Operating Officer, Downstream, Nigerian National Petroleum Corporation (NNPC) says the Federal Government has paid the agreed N236 billion as first tranche ... By maritimemagDecember 19, 20180
News How oil companies evade taxes, royalties in Nigeria Mr Okoi Obono-Obla, Chairman, Special Presidential Investigation Panel for the Recovery of Public Property says oil companies contribute to the economic adversity of ... By maritimemagDecember 19, 20180
News Senate committee meets Buhari on N800bn subsidy debt Government bureaucracy, especially in the Ministry of Finance, has been blamed for the non-payment of the N800bn owed oil marketers by the ... By maritimemagDecember 18, 20180
Headlines Petroleum Industry Reform must be well thought out – Buhari Abiodun Oba President Muhammadu Buhari has reiterated that petroleum reforms must be well thought out and must have the best interest of Nigeria ... By maritimemagDecember 15, 20180
Headlines Subsidy Challenge: Liberalisation of downstream oil sector solution– Kachikwu The Minister of State for Petroleum Resource, Dr Ibe Kachikwu, on Thursday said that the liberalisation of the downstream oil sector was ... By maritimemagDecember 15, 20180
Headlines NCDMB develops a five-year vessel demand profile for oil and gas operations The Nigerian Content Development and Monitoring Board in partnership with key stakeholders, had developed a five-year vessel demand profile for oil and ... By maritimemagDecember 14, 20180
Headlines $1.05bn isn’t missing from NLNG account –Senate committee The Senate Committee on Gas Resources and the Nigeria National Petroleum Corporation on Thursday says $1.05bn is not missing from the Nigerian ... By maritimemagDecember 14, 20180
Cover Nigeria to average 2.5 mbpd crude oil by Dec 2019–Kachikwu Abiodun oba The Minister of State for Petroleum Resources, Dr Ibe Kachikwu says, by the end of 2019, the country will be averaging ... By maritimemagDecember 14, 20180
Cover Ogoni clean-up: HYPREP assures communities of full participation The Hydrocarbon Pollution Remediation Project has assured communities affected by hydrocarbon pollution in Ogoniland of full participation during the clean-up exercise. The organisation ... By maritimemagDecember 14, 20180
News Oil producers to review cuts impact in April Oil producers who agreed last week to trim production to boost prices will meet in April to review the impact and sign a ... By maritimemagDecember 13, 20180
Headlines Petrol pump price remains N145 per litre– PPPRA The Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, says the retail price of petrol remained at the subsisting price ... By maritimemagDecember 12, 20180
Cover Alfa Laval’s GCU Preferred Choice for LNG Newbuilds Swedish engineering group Alfa Laval has reached a milestone in Gas Combustion Unit (GCU) sales which exceeded 100 units. Namely, the company’s GCU has ... By maritimemagDecember 12, 20180
Cover IPMAN cautions oil marketers over fuel supply disruption THE Independent Petroleum Marketers Association of Nigeria, IPMAN, has cautioned oil marketers, especially the Major Oil Marketers Association of Nigeria, MOMAN, Depot ... By maritimemagDecember 12, 20180
News Libya’s NOC declare force majeure on biggest oilfield Libya’s National Oil Company (NOC) on Monday declared force majeure on exports from the El Sharara oilfield, which was seized at the weekend ... By maritimemagDecember 12, 20180
