Two maritime pilots who defied fire to bring a burning ship to safety, averting a major…
Category: News
US approves new drilling in Arctic
Eni US could begin work on oil exploration in federal waters off Alaska as soon as…
South Sudan eyes OPEC membership
South Sudan is exploring the benefits of joining the Organization of the Petroleum Exporting Countries as…
Iran’s shipping lines to welcome foreign investment
Head of Iran’s national shipping firm described the country as the best opportunity for investment, and…
FG declares Friday public holiday for Eid-Maulud
The Federal Government has declared Friday as public holiday to mark the Eid-El-Maulud celebration. The Minister of Interior,…
South African Airways losses set to widen, CFO says
Losses at South African Airways (SAA) are set to widen to 4 billion rand ($292.86 million)…
UK shipping firm Clarkson reports cyber attack
British shipping services provider Clarkson Plc on Wednesday said it was the victim of a cyber…
Buhari vows to bring back stranded Nigerians in Libya
President Muhammadu Buhari has said that all Nigerians stranded in Libya and other parts of the world will…
OPEC, Russia set for oil cut extension but wary of overheating market
OPEC and Russia look set to prolong oil supply cuts until the end of 2018 this…
Merkel calls for end to smuggling, slavery, seeks legal migration chances for Africans
German Chancellor Angela Merkel on Wednesday stressed the importance of ending smuggling and slavery while creating…
AfDB approves $160 million loan for second Nairobi runway
The African Development Bank (AfDB) has approved a $160 million loan to Kenya for building…
NNPC targets up to $5 billion oil prepayment- Sources
The Nigerian National Petroleum Corporation (NNPC) is looking to set up a $3.5-$5 billion cash-for-crude prepayment…