...NNPC to reward marketers who make life easy for Nigerians
In spite of the challenges that independent petroleum marketers in Nigeria have been subjected to in the provision of petroleum products for daily consumption in Nigeria, they have been adjudged most compliant in upholding the Federal Government’s regulated price cap on Premium Motor Spirit (PMS), also known as petrol.
Nigeria will refocus on oil projects that deliver higher returns to keep production within the limits set by OPEC, oil minister Emmanuel Kachikwu said late Tuesday.
The country has been struggling to make good on its pledge not to produce above 1.8 million b/d under the OPEC/non-OPEC output agreement, with output hitting its highest level in more than two years in January at 1.93 million b/d, according to the S&P Global Platts survey.
…MAERSK, GAC, CHARKINS others bag NIMASA Achievement Awards
In recognition of the numerous contributions of Stakeholders to the growth and development of the maritime sector in Nigeria, the Nigerian Maritime Administration and Safety Agency (NIMASA) bestowed awards on outstanding maritime companies; Maersk Nigeria Limited, Gulf Agency Company (GAC) Nigeria Ltd, Charkins Maritime and Offshore Safety Centre among others, alongside some Staff of the Agency who have demonstrated commitment to the sector over the years.