Maritime workers set to shut Saipem over alleged N10bn debt

The Maritime Workers Union of Nigeria (MWUN) has vowed to shut down the operations of Saipem in Nigeria over the company’s indebtedness running into...

NNPC counters IPMAN’s threat with 25 vessels laden with petrol

The Nigerian National Petroleum Corporation (NNPC) Thursday said it is expecting 25 vessels filled with petrol to berth in Nigeria’s waters between now and...

Japan’s LNG imports from Nigeria, Qatar drop

Data released by Japan's Ministry of Finance showed on Wednesday that Japan's LNG imports slipped 2.3% year on year to 6.1 million mt in...

TCN spends N2.5bn to clear abandoned equipment at ports

The Transmission Company of Nigeria said it recently spent about N2.5bn to clear some power transmission equipment worth several billions of naira abandoned by...

Pakistan gets first LNG cargo from Nigeria

Pakistan succeeded in diversifying its gas import sources as the first liquefied natural gas (LNG) vessel, carrying 70,000 tons, arrived from Nigeria on Friday...

Cross River, China Harbour sign construction agreement for Bakassi deep seaport

The Cross River State government Thursday, signed a construction agreement for preliminary works at the Bakassi deep seaport with China Harbour Company, THISDAY reports. The...

16 companies pull out of Onne as experts warn OGFZA is scaring investors

Dr. Austin Obieze, a Port Harcourt based oil and gas industry expert has said that “no fewer than 16 companies have decided to withdraw...

NLNG cargo to arrive Portugal on November 23

Shipping data by the Port of Sines shows that the REN-operated Sines LNG import terminal in Portugal is to receive a new cargo of...

U.S., Middle Eastern crude lowers Indian appetite for Nigerian oil

India’s imports of Nigerian and African crude oil in October plunged to their lowest in over four years, with the world’s No.3 oil consumer...

Nigerian crude under pressure as more Asian refiners opt for U.S. oil

Nigeria’s crude oil is under serious pressure at the international market, as Asian refiners have increasingly been moving away from their usual favourite, frequently...

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