A global oil glut that has hurt producers but means cheaper pump prices look set to…
Tag: oil
Stakeholders to address trade barriers, maritime infrastructure at shipping, oil industries roundtable
By Samson Echenim Maritime and oil sectors stakeholders are billed to converge in Calabar for the…
Maritime as alternative source of revenue to oil
Nigeria’s new found ‘economic lingo’ though not new is actually drawing comments from the average citizen,…
Proposed Nigerian fleet: SOAN task FG on oil freight policy
As part of efforts to make the planned Nigerian fleet (national carrier) successful, with generous availability…
Iraq blacklists tankers transporting Kurdish crude oil
Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping…
Assembly wants protection of Badagry oil communities to avoid Niger Delta experience
The Lagos State House of Assembly on Monday called for a stakeholders’ meeting of government officials,…
Nigeria lost $30bn oil revenue in 2015 – Awolowo
Nigeria lost $30 billion in oil revenue between 2014 and 2015, the Executive Director, Nigerian…
It is sad Nigerians are importing tomato paste – Sanusi
Immediate past Governor of the Central Bank of Nigeria (CBN) and present Emir of Kano,…
ITF slams North Sea oil’s ‘secretive corporate structures’
The International Transport Workers Federation (ITF) is slamming offshore oil companies operating in North Sea after…
Oil prices extend losses
Oil prices fell on Tuesday, extending the previous session’s sharp losses caused by prospects of another…
Ghana says dispute with Ivory Coast affects oil development
Ghana’s President, John Mahama, says a maritime boundary dispute with Ivory Coast had affected the development…
Militants greet stakeholders’ meeting with oil facility attack
Gunmen suspected to be Niger Delta militants have blown up oil facilities at Owhrode community, Udu…