A member of House of Representatives, Sergius Ogun, says passage of the Petroleum Industry Bill (PIB)…
Category: News
NSCDC arrests mastermind of Agip’s pipeline attack
The Nigeria Security and Civil Defence Corps (NSCDC), Bayelsa State Command, says its anti-vandals’ team has…
Markets lose faith in OPEC as oil falls deeper into bearish territory
The ongoing fall in oil prices has driven risk-off sentiments across all asset classes. US stocks…
Shipping industry unites to propose ambitious CO2 reduction objectives to IMO
Four prominent international trade associations have banded together in issuing a joint proposal to the International…
Global ports sector faces structurally slower growth, says Fitch
Traffic growth in the ports sector is likely to remain well below historical levels for the…
Maersk Line not affected by Rickmers insolvency
Danish container shipping major, Maersk Line said that it doesn’t expect any impact of Rickmers Holding’s filing…
Spain: Workers suspend strikes as companies quit Anesco
The Spanish stevedoring unions have decided to shelve their strike plans for the rest of this…
Military rescues seafarer kidnapped November 2016
Philippine government troops have rescued one crew member of the Vietnam-flagged bulk carrier Royal 16 who was held…
Port of Felixstowe welcomes world’s largest boxship
The 21,413 TEU OOCL Hong Kong made its maiden call at Hutchison Ports’ Port of Felixstowe…
Paraguayan farmers protest proposed grains export tax
Thousands of farmers in Paraguay protested against a proposed 15 percent tax on soy, corn and…
Investors cheer Nigeria currency shift, want more
Nigeria’s recent tentative steps to free up its naira currency, particularly via a new trading…
5,000 Nigerians stranded in Mali as NAPTIP decries poor funding
There are about 5,000 Nigerians waiting to be rescued from Mali, the head of the National…