Armed pirates have commandeered a Thai tanker and pumped out its cargo of oil. The…
Tag: oil
Haastrup hosts NSC boss, says maritime sector revenue can surpass oil
The Chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup has said…
Egina spills oil in Nigerian waters
A major oil spill has been confirmed at the Egina approximately 150km off the coast…
Cost of shipping oil from Nigeria soars
The cost of shipping oil from Nigeria surged the most in more than a year…
Singapore court jails two workers for transferring oil to N’Korean ship
A court in Singapore has sentenced two men to various jail terms for the roles…
NEITI: Nigeria earned $741bn from oil, gas in 21 years
Nigeria earned $741.74 billion from sales proceeds and taxes on oil and gas resources in…
Oil surges as Ukraine tensions stoke supply concerns
Brent oil soared to $95 a barrel for the first time since 2014 as political…
Operator produces first oil from shallow-water project off Bayelsa
Nigerian operator First E&P has started oil production from a shallow-water project located offshore Nigeria…
Ship spills fuel oil off Mauritius
Fuel oil has started to wash ashore from the leaking bulk carrier MV Wakashio that…
Oil rises to two-month high amid demand recovery
Oil rose to levels not seen since COVID-19 lockdowns paralyzed the world’s largest economy, lifted…
Buhari: What we earn from oil does not meet our needs
President Muhammadu Buhari says although Nigeria is rich in petroleum resources, the earnings from oil…
Nigeria earned $21bn from oil, gas sector in 2017 – NEITI
The Nigeria Extractive Industries Transparency Initiatives (NEITI) says Nigeria earned 21 billion from the oil…