China’s state planner on Wednesday said it had approved new urban railway projects worth ¥298.35 billion…
Author: Ships & Ports
China sacks senior shipbuilding official over graft
The General Manager, China Shipbuilding Industry Corp (CSIC), Sun Bo, has been fired by China’s anti-graft…
Libya declares force majeure at biggest oilfield
Libya’s National Oil Company (NOC) said late on Monday it has declared force majeure on operations…
India halts import tariffs hike on U.S. goods
India on Monday, held off raising tariffs on select goods from the United States until end-January…
OPEC president says oil market is correcting
United Arab Emirates (UAE) Energy Minister, Suhail al-Mazrouei on Monday said the global oil market is…
Eni, Shell knew of corrupt payments for Nigerian oilfield- Judge
Italy’s Eni and Royal Dutch Shell knew that their 2011 purchase of a Nigerian oilfield OPL…
Russia rejects U.S. call to release Ukrainian ships, sailors
Russia on Friday rejected a United States call to release ships and sailors, saying it could…
Inflation rate rose 11.28% in November – NBS
Nigeria’s inflation rate rose slightly in November over the previous year, with price increases across a…
Nigeria loses $325m annually to textile smuggling
The Federal Government is losing about $325 million revenue annually to the smuggling of textiles into…
Nigeria owing IOCs $5.1bn
The Nigerian National Petroleum Corporation (NNPC) has put Nigeria’s indebtedness to international oil companies (IOCs) through…
Buhari: I remain committed to oil sector reform
President Muhammadu Buhari has expressed his commitment to reform the oil and gas sector, pointing out…
Captain of ship carrying methanol found drunk aboard
A captain of a chemical tanker has lost his job after being found drunk aboard the…