Cyprus moving towards a second fuel storage terminal

Discussions between the Cyprus Organisation for Storage and Management of Oil Stocks (KODAP) and the European…

Norway bolsters oil industry defenses against foreign takeovers

Norway is seeking greater leeway to restrict foreign ownership of its offshore fields, a move seen…

West Africa Crude: Nigerian diffs under pressure, Angolan trades slowly

There was downward pressure on Nigerian crudes, particularly as India’s BPCL opted for non-West African oil…

Cocoa export: Africa has been doing a stupid thing since 1863- Adesina

  President of Africa Development Bank (AFDB), Akin Adesina, says Africa has been doing a stupid thing…

Reps want NSA, DSS to probe importation of illegal firearms

The House of Representatives has called on the president to direct National Security Adviser (NSA), Babagana Monguno; Lawal Daura,…

MSC signs 35-year deal to run terminal at Ivory Coast’s second port

Mediterranean Shipping Company (MSC) has signed a 35-year concession agreement with Ivory Coast’s second port of…

Senate asks FG to stop Port Harcourt refinery concession

The Senate has directed the Ministry of Petroleum Resources and the Minister, Dr. Ibe Kachikwu, to…

Traffickers now swallow condoms filled with liquid cocaine

Traffickers are increasingly swallowing condoms filled with liquid cocaine to cheat traditional detection methods like X-rays,…

As many as 30 migrants from Libya feared dead as Mediterranean toll tops 1,700 -U.N

Migrants rescued from a rubber boat that left Libya last week said as many as 30…

Custom impounds N6.8m worth of rice

The Nigeria Customs Service, Western Marine Command, (WMC), on Tuesday said its officers seized 941 bags…

Kuru forecloses emergence of AMCON II

The possibility of establishing AMCON II to reduce the volume of non-performing loans in the banking…

China is behaving like a ‘bully’ in South China Sea: McCain

Republican U.S. Senator John McCain said on Tuesday, China is behaving like a “bully” with its…