Crude sales: We don’t see a penny-Baru

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, says the oil firm…

Shell withholding evidence crucial to Ogoni Nine case says Amnesty International

Anglo-Dutch oil giant Shell has been accused of refusing to hand over 100,000 documents on the arrest,…

Venezuela oil minister says inventories still too high

Venezuelan oil minister Eulogio Del Pino on Friday said global oil inventories remain too high and…

Oil rises to $55 as Saudi supply cut, hurricane damage refineries

Oil-markets on Friday saw Brent crude supported by Saudi Arabia hoping to cut October supplies, while…

NPA prepares staff for retirement 

Nigerian Ports Authority (NPA) has expressed commitment to preparing its ageing workforce for life after retirement. …

Malaysia foils tanker hijacking, arrests 10 pirates

By Jite Eriabie  Malaysian authorities thwarted the hijacking of a Thai oil tanker on Thursday and…

Maritime stakeholders skeptical over recession exit 

Stakeholders in the maritime sector have expressed doubts over report by the National Bureau of Statistics…

Man jailed three months for stealing rail clips 

The Apapa Magistrates’ Court on Wednesday sentenced a 25-year-old man, Mohammed Jamilu to three months in prison after…

FIRS sensitizes freight forwarders on VAIDS 

The Federal Inland Revenue Service (FIRS) has urged clearing agents and freight forwarders to take advantage…

Court adjourns suit on detention of 16 Chinese arrested for illegal mining 

The Plateau High Court IV on Thursday adjourned to September 14 the hearing of a case challenging the…

Trump offers to mediate in Qatar crisis

US President Donald Trump offered on Thursday to mediate in the crisis between Qatar and its…

Afreximbank offers $300m to private investors in equity

The African Export-Import Bank (Afreximbank) is offering up to $300 million in depositary receipts to private…