Sasol pulls plug on $15 billion US GTL project, to divest from Canadian shale

South African petrol-chemicals group Sasol has pulled the plug on all of its gas-to-liquids (GTL) greenfields…

Rice importation drops to 21,000 MT from 644,131MT in two years

The Federal Government yesterday said rice importation from Thailand had dropped from 644,131 Metric Tonnes to…

Global container shipping capacity crosses the 21m TEU barrier

The global containership fleet hit 21m teu of capacity this month, however, fleet growth has slowed…

U.S. Navy plane crashes off Japan

A U.S. Navy transport plane carrying 11 people crashed in the Philippine Sea south of Japan…

AfDB portfolio in Nigeria over $6 billion, Adesina says

The President of African Development Bank (AfDB), Dr Akinwumi Adesina, has said the bank’s total active portfolio…

NNPC has commissioned 539km of gas pipeline projects- Baru

The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it has completed, commissioned and delivered 500 kilometers (km)…

Trafigura’s purchases from state oil firms rose in 2016 – Report

Trafigura’s aggregate direct purchases of crude, refined products and natural gas from national oil companies rose…

Italian left’s efforts to stop migrants may backfire at election

A deal with Libya that has slashed the number of migrants reaching Italy could scupper the…

Bello urges farmers to use dry ports to access int’l markets

The Executive Secretary of the Nigeria Shippers Council (NSC) Hassan Bello, has called on farmers to explore…

PHOTOS: FEC meeting

Aviation college to acquire 5 aircraft 2018, says Rector

The Nigeria College of Aviation Technology (NCAT) Zaria has said that it will acquire five new modern…

Reps to probe CBN over alleged missing $60bn petroleum profit tax

House of Representatives Committee on Public Petitions has said it will probe alleged missing $60.3bn Petroleum Profit…