How to ensure aims of CVFF are not defeated

Industry stakeholders have continued to express concern at the near absence of active indigenous participation in the Nigerian shipping industry, amid legal provisions intended...

‘Federal Government’s liquidation of NNSL was hasty’

Nearly 20 years after the liquidation of the Nigerian National Shipping Line (NNSL), the nation’s defunct national carrier by the Federal Government, a frontline...

Proliferation of crude loading points cause of oil theft –Expert

A maritime, oil and gas expert has blamed the worsening spate of oil theft in Nigeria to the proliferation of loading terminals in the...

Nigerian LPG seen headed to China in rare move – Traders

China is set to receive a cargo of liquefied petroleum gas from Nigeria which is slated to arrive end-October or early November in a...

Global gas body cuts Nigeria’s gas flaring by 10 bcm a year

The Global Gas Flaring Reduction (GGFR) initiative may have assisted Nigeria to reduce gas flaring by 10 billion cubic metres (bcm) per year in...

Shell reopens TNP after fire incident

The Shell Petroleum Development Company of Nigeria Limited has reopened the 28-inch line of the Trans Niger Pipeline after repairs on it have been...

Shale gas to take longer to develop than expected – Shell CEO

Royal Dutch Shell CEO Peter Voser said it will take a longer time than expected for the company to reap benefits from its shale...

Oil theft: FG begins enforcement of new berthing rules for ships

As part of measures to contain the rising wave of petroleum products theft on the nation’s maritime domain, the Federal Government is concluding plans...

Brass LNG shareholders reaffirm commitment to project

Shareholders of the multi-billion dollars Brass Liquefied Natural gas (LNG) Limited located in Brass Island of Bayelsa State, have reaffirmed their commitment to the...

OPEC shipments to fall 1.7% as refinery demand drops

The Organization of Petroleum Exporting Countries will reduce shipments through October as refiner demand drops in the northern hemisphere in autumn, according to tanker...

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