Vessel catches fire in North Sea

A dive support vessel with 23 crew was forced to issue a mayday call on Monday…

Bahri pushes for Saudi Arabia’s entry into IMO Council

The National Shipping Company of Saudi Arabia (Bahri) is leading a push for Saudi Arabia to…

Baltic Exchange to close ship futures platform

The Baltic Exchange will close its freight derivatives platform Baltex at the end of the year…

Kachikwu laments loss of $300bn global oil investments

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Monday, lamented the loss of…

Niger Delta leaders threaten to pull out of peace talks if demands not met by Nov 1

Prominent community leaders in Nigeria’s restive Niger Delta oil hub threatened on Monday to pull out…

Bayelsa community protests as explosion rocks Agip trunkline

The people of Ayamassa community in Ekeremor Local Government Area of Bayelsa State have prepared for…

FG tasks investors to take advantage of business incentives

The Minister of Industry, Trade and Investment, Okechukwu Enelamah, has tasked aspiring and existing investors to…

FG adopts automated system for 2018 budget preparation

For the first time since it was acquired over five years ago, the Federal Government would…

IPMAN urges EFCC to curb corruption in refineries, depots

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday urged the Economic and Financial Crimes…

Nigeria FX buffer at near 3-month high of $30.8 bln by July 27 -CBN

Nigeria’s foreign exchange reserves had risen to an almost three-month high of $30.74 billion by July…

Kenya Airways cancels some flights due to pilots’ ‘go-slow’ protest

Kenya Airways cancelled an unspecified number of flights on Monday after pilots refused to take up…

Unidentified gunmen shot dead 2 custom officers in Katsina

Two custom officers attached to the Katsina Area command were reportedly shot dead by unidentified gunmen…