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LATEST ARTICLES

“Domestic LPG consumption hit 90,000mt in January”- PPPRA

Latest figures from the Petroleum Products Pricing Regulatory Agency (PPPRA), indicate that the average domestic consumption Liquefied Petroleum Gas (LPG) popularly called...

OPEC plans massive oil cut in crunch talks with Russia

…OPEC delivered surprise with bigger-than-expected cut plan…Oil prices have plunged 20% this year, now trading below $50 OPEC...

Oil cargoes pile up as Nigeria struggles to find buyers

…Chinese, European buyers proving reticent to purchase cargoes …Coronavirus has dented Chinese demand; European margins weak As oil traders...

Nigeria to back AKK gas pipeline with sovereign guarantee

...Considers budget review after Covid-19 hits oil prices Nigeria will issue a sovereign guarantee to back...

Shell to develop Pressure Reduction, Metering Station at Polaku

…Project to create 30,000 jobs in 2 years Shell Nigeria Gas (SNG) has secured one hectare of...

OPEC needs Russian support to back big oil output cut

…Riyadh pushing for cuts of 1-1.5 mln bpd …Moscow reluctant so far to cut more output …Oil price slide hits OPEC...

Ship owners get new guidelines to avoid Covid19

Shipowners have been issued new guidelines to avoid or manage an outbreak of coronavirus on board ships, courtesy the World Health Organization...

Nigeria’s gas reserves offer scope for economic growth

Nigeria is hoping to make the most of its immense gas reserves, but needs to refine its legislation and get its projects...

Yinson FPSO sets sail for operations offshore Nigeria

Yinson's FPSO Abigail-Joseph, has set sail from Singapore to the Anyala & Madu fields in Block OML 83 & 85, offshore Nigeria,...

National Assembly backs Integrated Maritime Security project

…"Floating dock will boost Nigeria’s revenue"-Ikpeazu …Navy: "With SMVs, we can reach pirates anywhere on our waters" The Integrated...

Most Popular

Nigeria launches CNG as alternative transport fuel

The Federal Government of Nigeria has started the implementation of its autogas policy deploying compressed natural gas (CNG) and liquefied petroleum gas...

FG to roll out auto-gas scheme for cars in December

President Muhammadu Buhari will on December 1 roll out the auto-gas scheme in Abuja as the Federal Government moves to create alternative...

Oil prices down 1% as OPEC+ debates 2021 output policy

Oil fell about 1 per cent on Monday on uncertainty about whether OPEC+ would agree to extend its deep output cuts at...

NIMASA launches e-Library to bridge industry knowledge gap

As Nigeria moves towards greater role for maritime in the national economy, Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA),...