NNPC to spike crude reserves to 1bn barrels- Baru

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the state…

Buhari lauds Nigeria – Kuwait relations

President Muhammadu Buhari on Tuesday expressed delight at the cordial relations between Nigeria and the State…

Sri Lanka to move naval base to Chinese controlled port

Sri Lanka on Monday said it is shifting a naval base to a port built and…

U.S. probe Glencore over Nigeria’s crude oil deals

United States authorities have demanded the U.S. arm of Glencore Plc hand over documents relating to…

Buhari seeks Senate’s nod to confirm CBN DG

President Muhammadu Buhari has written to the Senate, seeking confirmation of Folashodun Shonubi as the Deputy…

LPG: WAGL vessel delivers 7,000MT to Nigeria

MT Sahara Gas, the newly built vessel acquired by the West Africa Gas Limited (WAGL), in…

Crude oil price rise over Libya’s force majeure

Crude oil prices rose on Tuesday after Libya declared force majeure on some of its crude…

Another ferry sinks in Indonesia killing four

Authorities in Indonesia on Tuesday scrambled to rescue about 140 passengers from a ferry that sank…

AfCFTA has provisions for trade remedies – Chief Negotiator

  The Federal Government has said it is taking necessary steps to protect the economy under…

63 missing in Mediterranean shipwreck – Libyan navy

Libya’s navy says a new shipwreck off the Libyan coast has left 63 people missing in…

Egina FPSO to begin offshore production soon – Total

  The Deputy Managing Director, Deep Water at Total Exploration and Production Nigeria, Ahmadu-Kida Musa, said…

NRC makes case for rail movement of petroleum products 

By Omotilewa Quadri  In the wake of recent tanker accident which killed over 10 people and…