MOL plans to build Japan’s first LNG-fuelled tugboat

Mitsui OSK Lines (MOL) plans to build Japan’s first LNG-fuelled tugboat. MOL will own the tugboat…

Modern ports must for growth of India’s world trade: Modi

  Prime Minister Narendra Modi on Monday said developing modern ports was important for India to…

Trump’s budget proposes selling off half of U.S. oil Stockpile, kills offshore oil revenue sharing among Gulf states

The White House plan to trim the national debt includes selling off half of the nation’s…

Nigeria seen missing July target to buy cleaner fuel

Nigeria’s state-run oil company will keep buying cheaper, lower-quality gasoline for now because the government has…

FG restates determination to stabilise Niger Delta – Boroh

The Presidency on Tuesday reaffirmed its determination to stabilise and develop the Niger Delta region through…

Flight Ban: NCAA to conduct comprehensive audit of Med-View Airlines operations

The Nigerian Civil Aviation Authority (NCAA) has announced that it will carry out an immediate audit…

CBN retains 14% interest rate

  The Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) otherwise…

Kebbi assembly threatens arrest of Dakingari over N16 airport scam

Lawmakers in Kebbi state house of assembly have resolved to issue an arrest warrant on former…

Osinbajo seeks Reps approval for additional $1.2bn external loan

Acting President Yemi Osinbajo is seeking the approval of the House of Representatives for $1.280 billion…

Customs again intercepts another container-load of arms in Lagos port

The Nigerian Customs has again intercepted another container-load of arms and ammunition at the Tin Can…

OPEC set to prolong oil cuts as delegates predict smooth meeting

OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday…

Nigeria activist group calls for progress on small-scale oil refineries

An activist group in Nigeria’s oil-rich Delta region has called for the government to advance plans…