Russia’s SCF Group (Sovcomflot) has signed an agreement with Shell Western LNG B.V. (Shell) for the…
Category: News
Qatar to drill biggest gas field after 12-year freeze
Qatar Petroleum plans to start a new development in the offshore North Field, ending a 12-year…
Hyundai Heavy to invest $3.1bn in R&D
Hyundai Heavy Industries (HHI) Group Monday said it will invest USD 3.1 billion in R&D by…
Indonesia worries over continuous decline in trade volume with Nigeria
The Indonesian Ambassador to Nigeria, Harry Purwanto, said the volume of trade between Nigeria and his…
CBN directs banks to pay cash to forex users, injects $240m into market
The Central Bank of Nigeria (CBN) on Monday directed all banks to pay cash over-the-counter to…
West Africa Crude: Traders focus on tenders, Taiwan CPC re-selling
Trading in Nigerian crude was limited on Monday with traders focusing on several tenders, while Taiwan…
Nigerian Navy releases list of candidates for Direct Short Service Commission
The Nigerian Navy has released the list of candidates who are successful in the aptitude…
Tanker drivers’ strike paralyses loading activities in Lagos
Loading activities at both private depots and the Nigerian National Petroleum Corporation (NNPC) depots in Lagos…
Two arrested as Nigerian Army destroys illegal refinery in Edo
Operatives of the 4 Brigade Command of the Nigerian Army has arrested two persons in connection…
Tanker drivers’ strike: NNPC to meet with union leaders Monday
The leadership of the state oil firm, NNPC, has scheduled a meeting with striking tanker drivers…
4 stowaways deported from Senegal arraigned
Four men- Patrick Johnson, Muideen Badmus, Chike Obi and Paul Ogunbure, who hid themselves in the…
West African oil exports to China in April to edge back from record
China’s loadings of West African crude oil are expected to slip in April from the record level reached…