NPA’s N27,000 e-call up system hijacked, sells for N150,000 by cabals – Freight forwarders By maritimemag
Headlines FG Gets $416m from Oil, Gas Export Sales in June A whopping sum of 416.07 million dollars was realised by the Nigerian National Petroleum Corporation (NNPC) in June, from crude oil ... By maritimemagOctober 6, 20180
Headlines Saudi Arabia to build oil refinery in Pakistan Abiodun oba | Pakistan’s cabinet approved the plan by Saudi Arabia to build an oil refinery in Pakistan near the Iran ... By maritimemagOctober 5, 20180
Headlines Gas Flare: FG increases penalty to $2 per 1000scf In the gazetted ‘Flare Gas (Prevention of Waste and Pollution) Regulations 2018,’ released, yesterday, by the Federal Ministry of Petroleum ... By maritimemagOctober 3, 20180
Headlines Oil prices raise towards $90, Asia stocks slip Asian stocks fell on Tuesday as the lift from an agreement that saved the North American free trade deal faded, with cautious views ... By maritimemagOctober 3, 20180
News U.S. resurrects bill seeking to sue OPEC over oil production, prices With oil prices hitting fresh four-year highs of over 85 dollars, long-dormant proposals to allow the United States to sue OPEC ... By maritimemagOctober 3, 20180
Headlines Buhari: Era of shady oil deals, brazen theft of billions over Tayo Afolabi | President Muhammadu Buhari says his administration is making progress in the fight against corruption as shady oil ... By maritimemagOctober 2, 20180
Headlines NNPC announces N18.12bn trade surplus Abiodun oba | The Nigerian National Petroleum Corporation (NNPC) in the month of May made a trade surplus of N18.12 billion, higher ... By maritimemagOctober 2, 20180
Oil & Gas OIL SMUGGLING: Navy detains suspected smugglers in major operation The Nigerian Navy has arrested no fewer than 14 men for smuggling adulterated diesel and ‘black oil’ to unsuspecting consumers in Rivers, an ... By maritimemagOctober 2, 20180
News As Iran sanctions loom, oil price goes toward $85 Brent crude oil prices hit their highest level since November 2014 on Monday ahead of U.S. sanctions against Iran that kick in next ... By maritimemagOctober 2, 20180
Headlines Industrial Harmony: Baru commends NUPENG, PENGASSAN Abiodun oba | The Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Dr Maikanti Baru has commended oil and gas workers’ unions ... By maritimemagSeptember 29, 20180
Headlines Oil: Iran sanctions Push prices toward $85 Oil prices rose on Thursday, driven by the prospect of a shortfall in global supply once U.S. sanctions against major crude exporter ... By maritimemagSeptember 28, 20180
Headlines NLC Strike: Avoid Panic Buying; we are 37-day PMS self-sufficient – NNPC The Nigerian National Petroleum Corporation (NNPC) appealed to motorists and other consumers of petroleum products across the country not to engage in panic ... By maritimemagSeptember 27, 20180
Headlines FG Stamps Foot on Gas flaring, to revoke licences of oil companies The Minister of State for Petroleum Resources, Dr Ibe Kachikwu says the federal government will from 2019 commence the revocation of the licences ... By maritimemagSeptember 26, 20180
News Ogoni clean-up: Nigerian Govt begins final selection of firms Selection process of pre-qualified companies for the clean-up of oil impacted communities in Ogoniland has commenced. The Hydro Carbon Pollution Remediation Project ... By maritimemagSeptember 25, 20180
Cover Civil Defence commences surveillance of petrol stations Nigerian Security and Civil Defence Corps (NSCDC) has commenced periodic surveillance of petrol stations in Nasarawa State to ensure the stations adhered ... By maritimemagSeptember 25, 20180
Headlines Expect 104.4 million bpd Oil demand in 2035 – Unipec As new technologies gradually eat into oil use world oil demand will peak at 104.4 million barrels per day (bpd) in the ... By maritimemagSeptember 25, 20180