6,672 Nigerians return from Libya in 2017 

The National Emergency Management Agency (NEMA) on Thursday said a total of 6,672 Nigerians voluntarily returned…

Explosion kills employee at Argentine port

By Jite Eriabie   An explosion at a grains terminal in Argentina owned by China’s COFCO International on…

Samsung Heavy to sign $195m deal for LNG carrier

By Jite Eriabie  South Korean shipbuilder Samsung Heavy Industries (SHI) is to sign a contract for…

Hyundai Heavy tumbles on $1.6bn sale plan

By Jite Eriabie   Hyundai Heavy Industries, the world’s second-biggest shipbuilder, fell by a record following its…

Trump says ‘disappointed’ China allowing oil into North Korea

U.S. President Donald Trump on Thursday said he was “very disappointed that China is allowing oil…

Nigerian airports handle 9.2m passengers in 9 months- FAAN

The Federal Airports Authority of Nigeria (FAAN) has said that a total of 9.2 million passengers passed…

Morocco successfully tests Africa’s fastest high-speed rail line

Morocco has successfully tested Africa’s fastest high-speed railway, state-owned railway operator, Office Nationale des Chemins de…

Supply discipline and demand to prop up oil prices in 2018

OPEC and Russia’s efforts to curb oil output, combined with forecasts for strong global demand growth,…

Senate summons Kachikwu, Baru, over fuel crisis

The Senate President, Dr Bukola Saraki, has directed the Senate Committee on Petroleum Resources (Downstream) to cut…

Airlines can’t blame computer models for higher fares, German cartel chief says

Airlines shouldn’t be allowed to hide behind computer-based models when justifying higher fares, the head of…

China says no sanction-breaking oil sales to North Korea

China said on Thursday there had been no U.N. sanction-breaking oil sales by Chinese ships to…

Oil near mid-2015 highs on strong China data, tighter 2018 outlook

Oil prices rose on Thursday, lifted by strong data from top importer China amid thin trading…