Oil prices on Thursday hit their highest in more than two and a half years, touching…
Category: News
Taiwan releases man on bail in suspected North Korean oil transfer
A court in Taiwan has released on bail a man prosecutors allege to have made false…
Four dead as South African train crashes, bursts into flames
Four people died and dozens were injured after a passenger train derailed and crashed into a…
NNPC to sell petrol directly to marketers
The Nigeria National Petroleum Corporation (NNPC) will sell petroleum products directly to marketers, it was…
Take $3,500 and leave or risk jail, Israel tells African migrants
By Jite Eriabie Israel said on Wednesday it would pay thousands of African migrants living illegally in the…
Shanghai port sets 40m TEU world container volume record
By Jite Eriabie Container throughput at China’s Port of Shanghai surpassed 40 million TEUs in 2017.…
Ten crew missing after ship sinks off Shanghai
By Jite Eriabie China has launched a search and rescue mission for ten seafarers who remain…
Petrobras to pay $2.95bn to settle U.S. class action over corruption
By Jite Eriabie Brazil’s state-controlled oil company, Petroleo Brasileiro SA, said Wednesday that it has agreed to pay…
Russia posts highest-ever natural gas output in expansion drive
Russia registered its highest-ever natural gas production last year amid plans to expand into China and…
Dutch navy seizes cocaine from Tanzania-flagged ship
Dutch naval forces have intercepted a Tanzania-flagged merchant vessel carrying 1,600 kilos of cocaine aboard. The…