Three men namely, Gboyega Ekundayo (25), Segun Fatugbo (27) and Semiu Muritala (30) were on Wednesday…
Category: News
$9.8m fraud: Ex-NNPC GMD Andrew Yakubu files no-case submission
Former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) Andrew Yakubu, on Wednesday…
Prosecutors: Glencore, Trafigura, Vitol bribed Petrobras employees for business
Trading giants Vitol, Trafigura and Glencore have been accused by Brazil prosecutors to have paid over…
Petrobras to rake in $26.9bn from asset sales
Brazilian state-controlled oil company, Petroleo Brasileiro SA on Wednesday said that it could raise $26.9 billion…
Consortium to build $1.4bn bridge over Panama Canal
The government of Panama has awarded a $1.4 billion contract to a Chinese consortium to build…
Maersk sets net zero CO2 emission target by 2050
A.P. Moller -Maersk aims at having carbon neutral vessels commercially viable by 2030 and calls for…
Lagos-Ibadan rail line: Amaechi gives CCECC Jan 2019 deadline to begin commercial operations
Minister of Transportation, Rotimi Amaechi, on Tuesday, directed the contractors handling the Lagos-Ibadan railway, to…
Maersk targets carbon neutrality by 2050
The world’s biggest container shipper A.P Moller-Maersk on Wednesday said it is aiming to become carbon…
Bad weather forces closure of Libyan oil ports, airport- Officials
Severe weather has forced the closure of several eastern Libyan oil ports including Es Sider and…
Seafarer survives four days at sea with fractured spine after fall
A Filipino seafarer is recovering in hospital after fracturing his spine falling from a ladder on…
Nigerian Navy promotes 87 senior officers
The Nigerian Navy Board has approved the promotion of 87 senior officers to the ranks of…