US to overtake Saudi as crude oil producer

The United States are set to overtake Saudi Arabia as the world’s number two oil producer…

FG sues JP Morgan for $875 million over Malabu oilfield deal

The Federal Government has filed a claim against JP Morgan Chase for more than $875 million, accusing…

Absence of key witnesses stalls Omokore’s trial for $1.6 billion crude oil fraud

  The absence of prosecution witnesses has stalled the trial of a businessman, Jide Omokore, and…

Britain, France agree new border security deal

By Jite Eriabie   Britain and France on Thursday signed a new deal to boost border security…

OPEC scribe discusses oil market stability with emir of Kuwait

By Jite Eriabie  Mohammad Barkindo, secretary general of Organization of the Petroleum Exporting Countries (OPEC), met…

ONE completes all regulatory approvals

By Jite Eriabie   Japanese container line joint venture Ocean Network Express (ONE) has received all the…

Hapag-Lloyd sees shipping demand up, more mergers in 2018

By Jite Eriabie   German shipping group Hapag-Lloyd sees demand for transport growing 4 percent in 2018…

Maritime UK sets up ‘Women in Maritime’ taskforce

By Jite Eriabie   Maritime UK has established a taskforce to identify practical steps to increase the number…

Crew member killed in ship fire 

By Jite Eriabie    One crew member from the fire-stricken tanker Genessa has lost his life due…

Worker dies after plunging into water at Port of Bilbao

A stevedore worker lost his life while working at a container terminal in the Spanish Port…

Osinbajo commissions AfDB country office in Abuja

Vice President Yemi Osinbajo on Thursday commissioned the Country Office of the African Development Bank (AfDB) in…

Emirates hands Airbus A380 superjumbo a lifeline with $16 billion order

Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much…