Mexico and Indonesia could be next up for Eni’s asset sales

Italian oil major Eni could sell stakes in its oil and gas fields in Mexico and…

ExxonMobil’s Q3 earnings rise to $4 bn

Higher oil prices significantly boosted ExxonMobil’s third-quarter earnings, more than offsetting the hit to operations from…

Legislators unhappy over state of Enugu, Port Harcourt airports

  The deplorable state of some airports in Nigeria, particularly the Enugu and Port Harcourt International…

Customs Compliance Team confiscates N25m donkey leather in Kano

  The Comptroller General of Customs Compliance Team in Kano on Thursday burnt over 2, 700…

Tompolo forfeits properties to FG

The Court of Appeal sitting in Lagos on Friday dismissed an appeal filed by Ex-militant, Government…

Ghana to partner Nigerian firm on LNG

A delegation from Ghana’s National Petroleum Authority on Friday visited the management of Techno Oil Ltd.…

Mobil takes ownership of 540MW Qua Iboe power plant

Mobil Producing Nigeria (MPN), operator of NNPC, MPN Joint Venture, says it had reached commercial terms…

Russian helicopter crashes at sea

Jite Eriabie  A Russian helicopter with eight people on board crashed at sea in Norway’s Svalbard…

Vessel operating costs to rise in 2017, 2018

By Jite Eriabie Vessel operating costs are expected to increase in both 2017 and 2018, according…

DP World reveals plans to develop Jeddah Port

By Jite Eriabie Dubai-based port and terminal operator DP World has unveiled plans to develop Saudi Arabia’s…

China shipbuilders see 9% rise in new orders in first nine months

By Jite Eriabie Chinese yards saw new orders pick up in the first nine months of…

Cosco Shipping Ports Q3 volume up 17%

By Jite Eriabie Cosco Shipping Ports saw third quarter throughput rise 16.6% to 23.10m teu from…