State-owned Air Tanzania will take delivery of two Airbus 220-300 jets next month, the government said,…
Category: News
China urges state shipping firms to merge, consolidate
China will encourage mergers and consolidations among central government-held shipping companies, the Head of Asset Supervision…
DP World sues China Merchants over disputed Djibouti terminal
United Arab Emirates’ (UAE) DP World Limited and its subsidiaries have taken legal action against China…
$300m fraud rocks Aegean Marine
Up to $300 million of cash and assets of New York-listed Aegean Marine Petroleum Network were…
U.S. sanctions against Iran to drive tanker rate increases
The United States is standing its ground on the plans to reimpose sanctions on Iran’s…
NIMASA Fraud: Akpobolokemi co-accused become EFCC witnesses
Three men docked alongside the former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA),…
Russia to boost gas supply to Austria
Russian energy producer Gazprom will supply more gas to its Austrian partner OMV, the two companies…
Equatorial Guinea’s oil, gas sector gets $2.4bn investments
Equatorial Guinea’s energy industry has secured $2.4 billion of new investment from U.S. firms with 11…
Russia deploys new frigate to Mediterranean
Russia on Monday said it deployed its new frigate with long-range Kalibr cruise missiles to the…
Police arraign truck driver, motor boy for diesel theft
A truck driver, Sunday Oladeyekun and his motor boy, Lateef Olowokere, were on Monday arraigned for…
NNPC mulls crude swaps deals with Shell, ExxonMobil
The Nigerian National Petroleum Corporation (NNPC) on Monday said it could sign crude-for-product deals with Shell…
Israel to auction 19 new offshore oil, gas blocks
Israel’s energy ministry on Sunday said will tender off 19 new offshore blocks to oil and…