Crude oil prices fell on Friday, adding to steep losses from the previous session, and were headed for weekly declines on worries that renewed
Oil & Gas
Buhari Promises Quick Completion Of $2.5bn AKK Gas Pipeline Project
President Muhammadu Buhari has affirmed commitment to ensure timely delivery of the landmark Ajakuota-Kaduna-Kano (AKK) gas pipeline project. The president said the project would
Egypt Announces New Oil Discovery At Gulf Of Suez
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of
NIMASA Begins Investigation Into Wellhead Fire
Cautions Mariners to Avoid Impacted Area The Nigerian Maritime Administration and Safety Agency (NIMASA) has sent an investigative team to unravel the circumstances surrounding
MWUN President Debunks Reports Of Seafarers Stabbing Themselves Onboard
*** Calls For Calm AS NIMASA Handles Delay In Crew Change The President of Maritime Workers Union of Nigeria (MWUN), Comrade Adewale Adeyanju has
FG Cuts 2020 Budget By N318b, Informs NASS
The Federal Government has slashed the 2020 budget by N318 billion and sent it to the National Assembly. The government reduced the estimate from
FG Reduces Petrol Price To N125 Per Litre
The Nigerian government on Wednesday announced the reduction of the pump price of petrol to N125. A statement by Nigerian National Petroleum Corporation (NNPC)
OTL 2019: Dakuku Advocates Dedicated Cargo Ports
*** As Oil, Maritime Experts Discus Efficiency of Shipping in Africa *** NIMASA Wins Award for Contribution to Downstream Sector As Africa continues to
NPA Boss, Hadiza Hosts NNPC COO, Ewubare
In continuation of Nigerian Ports Authority’s operational thrust of synergy and collaboration with Stakeholders, the Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman,
Oil Drilling Operations: Court Order Will Create More Jobs – Dakuku
*** Sees Boost in Maritime, Cabotage Benefits *** Oil Rigs are Classified Vessels, Says Court Judgement The Director-General of the Nigerian Maritime Administration and