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…

UK records more maritime accidents in 2016

The UK Marine Accident Investigation Branch (MAIB) has published its Annual Report detailing the Branch’s activities…

Oil price hits two months high $53

Oil prices hit a two-month high on Monday lifted by a tightening US crude market and…

Abu Dhabi Ports inks $300m investment cooperation with China

UAE’s Abu Dhabi Ports (ADP) has signed a $300m investment cooperation agreement with China’s Jiangsu Province…

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…