The current oil production sharing formula with Nigeria’s Joint Venture Companies is not favourable to the…
Category: News
NNPC remits N1.26tr into Federation Account
The Nigerian National Petroleum Corporation (NNPC) said it met its financial obligations to the Federation Account…
131 illegal Nigerian migrants to return from Libya today
Another batch of 131 Nigerians are expected back in the country from Libya today. The returnees,…
North Korea warns U.S. of ‘future developments’ over seized ship
North Korea stepped up its campaign on Tuesday for the United States to return a seized…
USV Maxlimer may be the first crewless ship to cross Atlantic
Final preparations are underway for a 12-meter-long ship to set sail from Canada and attempt the…
Trump: I’m very happy with the trade war
US President Donald Trump said he was “very happy” with the trade war he’s fighting with…
UK opens ship register to foreigners
The UK Ship Register (UKSR) has decided to expand its ownership eligibility, allowing more shipping companies…
Russia to pay Greenpeace $3m for illegal detention of ship
Russia has agreed to pay EUR2.7 million (USD3 million) to Greenpeace in compensation for unlawful detention…
Italy impounds migrants rescue ship Sea-Watch 3
Italian authorities have impounded the charity vessel Sea-Watch 3 after 47 migrants aboard were disembarked at…
NNPC: Why we replaced top management cadre, by NNPC
The Nigerian National Petroleum Corporation (NNPC) has explained the recent staff movements in the Corporation, saying…
WTO quarterly trade growth indicator remains at nine-year low
The World Trade Organization (WTO) quarterly outlook indicator showed on Monday that global goods trade growth…
ITF alleges inhuman treatment of seafarers on Blumenthal ships
The International Transport Workers’ Federation (ITF) has shared details provided by current and former seafarers regarding…