Nigerians in diaspora wired $22 billion home in 2017, making it the fifth largest remittance by…
Author: Ships & Ports
Libya considers intervention in Total’s $450m oil purchase
Libya is considering whether to intervene in a $450 million deal that French company, Total, announced…
Egypt eyes $10bn oil foreign investment in 2018
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, on Sunday said that the country’s…
Libya quenches fire on oil pipeline
A fire that broke out on a pipeline operated by Libya’s Waha Oil Co has…
Saudi Arabia seeks further rise in crude oil price
Saudi Energy Minister, Khaled al-Faleh on Friday said the global market has the capacity to absorb…
Air France launches new talks to end strike
Air France on Friday launched a new consultation period with staff members in a bid to…
Swiss law enforcers get tough on cross-border crime
The Office of the Attorney General of Switzerland (OAG) on Friday said it took on…
Schlumberger profit spikes 52% on higher oil prices
Oilfield services provider Schlumberger on Friday reported an 88 percent rise in quarterly profit as rising…
China defends encounter with Australian warships in South China Sea
China’s Defense Ministry has said its naval vessels acted professionally and lawfully in an encounter with…
Trump slams OPEC for high crude oil prices
United States President, Donald Trump, has criticized the Organisation of Petroleum Exporting Countries (OPEC) for rising…
Rockets hit Tripoli airport, damages passenger jet
Libya’s main airport was hit by rockets on Thursday, which damaged a plane as it was…