Firm to develop major oil storage terminal in Adriatic

Global oil storage company VTTI launched a new terminal in Croatia on Monday to target oil…

Why NNPC is not pumping petroleum products through System 2B Network

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Monday gave reasons for non-pumping…

Irregularities: NIMASA official cries out, says ‘highly placed’ persons want to kill him

The Head of Maritime Environment, Nigeria Maritime Administration and Safety Agency (NIMASA), Cross River state, Auta…

Japanese shipping companies to merge container operations

Nippon Yusen KK, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd., Japan’s three largest shipping…

Troops invade shrine of Niger Delta militants, arrest ‘chief priest’

Troops of Operation Delta Safe, a military outfit in the Niger Delta, have arrested the chief…

FG targets 10bn cubic feet daily gas production in 3 years

The federal government said it will increase the country’s natural gas production to 10 billion standard…

Ford cuts vehicle export to Nigeria

There are indications that Ford Motor Company has suspended its planned exportation of 500 units of…

IMF: Why oil economies will remain pressured

Regardless of the relative stability in the international price of crude oil in recent times, oil exporting…

NPA acquires new tugboats worth N6.2bn to boost port operation 

The management of Nigerian Ports Authority (NPA) has acquired two brand new modern tugboats to enhance…

We still have contract with Tompolo’s company- NIMASA

The Federal Government has described as false reports that it had terminated the 10 years contract…

National carrier project will fail because members of the steering committee don’t know anything about international shipping – Alao

Capt. Tajudeen Alao is among the third generation of Master Mariners produced by Nigeria. He worked…

I didn’t authorise Amaechi or anybody to induce judges – Buhari

The Presidency has said that President Muhammadu Buhari will be the last person to authorise anybody…