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Alphaliner: 2M deal hurts HMM's chances of growth

HMM bolsters China-South Korea-Russia coverage

South Korean shipping company Hyundai Merchant Marine (HMM) has extended its offering on a route connecting China, South Korea and Russia in order to meet an increased...

Nigeria buys helicopters, vehicles from Russia, UAE to fight Boko Haram

Nigeria’s Defence Minister Mansur Dan-Ali on Wednesday, said the country had procured modern equipment from Russia and United Arab Emirates to fight insurgency....

oil-prices-remain-high-on-uncertainty-over-opec-led-production-cut

OPEC reports big Saudi oil cut, boosting compliance with deal

  Top Organisation of the Petroleum Exporting Countries (OPEC) oil producer Saudi Arabia made a large cut in its crude output in January to support prices and...

Crude-Oil - exports

Russia beats Saudi Arabia as China’s top crude oil supplier

Russia overtook Saudi Arabia in 2016 to became China’s biggest crude oil supplier for the first year ever, boosted by robust demand from independent Chinese...

oil-prices-remain-high-on-uncertainty-over-opec-led-production-cut

Oil price rises ahead of producers’ compliance meeting

Oil prices edged up for a second day on Friday on expectations that a weekend meeting of the world’s top oil producers would demonstrate compliance to a global output...

Nigeria buys new aircraft from Russia

Nigeria buys new aircraft from Russia

The Nigerian Air Force says it has acquired two Mi-35M attack helicopter from Russia to fight terrorists and criminal gangs. The Mi-35M is a rugged helicopter that...

OPEC seeks stable oil prices - President

Oil rises on hopes for non- OPEC output cuts

Oil prices extended gains on Friday on optimism that non-OPEC producers would agree to cut output following a cartel agreement to limit production. The Organization of...

Russian strengthens relationship with Nigeria through agricultural products

Russia has pledged to strengthen its relations with Nigeria through the purchase of agricultural product. The Russian Ambassador Nikol,ay Udovichenko to Nigeria said...

iea-sees-global-oil-glut-in-2017-if-no-opec-cut

OPEC, non-OPEC countries to discuss oil cuts – Russia

Russia on Tuesday said it would take part in a meeting of OPEC and non-OPEC members as oil prices wobbled on doubts over the impact of an output cut deal. Energy...

oil-prices-remain-high-on-uncertainty-over-opec-led-production-cut

OPEC to meet non-OPEC producers on December 10

The Organisation of the Petroleum Exporting Countries (OPEC) will on December 10 meet with non-OPEC countries in order to finalise a global oil limiting pact. This...

pirates robbers

Pirates hold three Russian nationals hostage in Benin

Russia said Thursday that three of its nationals were taken hostage by “bandits” after an attack on a commercial ship off the coast of Benin at the weekend. “As a...

Russia identifies merchant ship hijacked off Benin    

The merchant vessel believed to have been hijacked by pirates some 72 nautical miles off the coast of Cotonou, Benin, could be the 1991-built reefer ship MV Saronic...

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