Six die in Kogi boat mishap

A boat accident that occurred in the early hours of Friday at Ebbe, Lokoja Local Government…

Navy destroys 87,000MT of illegally refined petroleum products in 5 months

The Flag Officer Commanding (FOC), Central Naval Command (CNC) of the Nigerian Navy, Rear Admiral Abubakar Alhassan,…

Ghana to partner Nigerian firm on LNG

By Jite Eriabie  A delegation from Ghana’s National Petroleum Authority on Friday visited the management of…

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 $4bn

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

Octopus Grip: Navy to deploy ships, patrol boats against maritime crimes in Bayelsa, Delta

  The Central Naval Command of the Nigerian Navy says the command would soon commence riverine…

FEC okays 2018 draft budget

The Minister of Budget and Planning, Senator Udoma Udoma, says the Federal Executive Council (FEC) has approved the…

Malabu Oil: FG recovers $85m; EFFC fails to present Etete, Adoke in court

By Jite Eriabie The inability of the Economic and Financial Crimes Commission (EFCC) to present former federal ministers,…

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…