OPEC daily basket
OPEC daily basket price stood at $54.41 a barrel Friday, 29 January 2021, compared with $54.36 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
PIRACY: Maritime kidnapping rises by 150% in one month
PIRACY: Maritime kidnapping rises by 150% in one month By Eyo Nsima The number of the kidnapped crew has increased by 150 per cent globally because of increased piracy around the world. In its latest report obtained by The Daily, www.thedaily-ng.com, FleetMon, stated that as a result of increasing criminal activities, the number of kidnapped
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AGPC raises US$260m to complete ANOH project and drive energy transition in Nigeria
AGPC raises US$260m to complete ANOH project and drive energy transition in Nigeria Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange and the London Stock Exchange, has announced that its Incorporated Joint Venture (IJV), the ANOH Gas Processing Company (“AGPC”), has successfully raised US$260m in
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ExxonMobil: Len Fox elected as controller, corporate vice president; David Rosenthal to retire
ExxonMobil: Len Fox elected as a controller, corporate vice president; David Rosenthal to retire By Eyo Nsima The Exxon Mobil Corporation board of directors has elected Len M. Fox as vice president and controller for the company, effective March 1, 2021. Fox will replace David Rosenthal, who is anticipated to retire on or about July
Watch the 25th edition of Power Circuit featuring current happenings in the Power Sector
TCN POWER CIRCUIT EPISODE 25 (TWENTY-FIVE) 2020 Watch the 25th edition of Power Circuit featuring current happenings in the Power Sector
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INVESTMENT: Gov. Udom opens shipyard, vessel in Akwa Ibom, Nigeria
INVESTMENT: Gov. Udom opens shipyard, vessel in Akwa Ibom, Nigeria Governor Udom Emmanuel has inaugurated a nine-meter sea vessel, MV Norfin Swift, built by an indigenous firm, Norfin Offshore Shipyard Limited. At the inauguration, held at the shipyard located along the Oruk-Anam axis of the East-West Road, weekend, Governor Udom, expressed the readiness of the state to stimulate sustainable development in the nation’s maritime,
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BREAKING: FG opens Third Mainland Bridge in Lagos, Nigeria
BREAKING: FG opens Third Mainland Bridge in Lagos, Nigeria By Godswill Odiong After many months of closure for maintenance, the Federal Government has opened the Third Mainland Bridge in Lagos, Nigeria for use. The Federal Controller of Works, Lagos, Mr. Olukayode Popoola, disclosed on Sunday, that the total shutdown of the Bridge would
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COVID-19: Confirmed cases rise to 131,242 in Nigeria
COVID-19: Confirmed cases rise to 131,242 in Nigeria The confirmed cases of Coronavirus pandemic has risen to 131,242 in Nigeria, according to the Nigerian Centre for Disease Control, NCDC. In its latest report, obtained by The Daily, www.thedaily-ng.com, it stated: “On the 31st of January 2021, 685 new confirmed cases and 8 deaths were
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OIL MARKET: Bonny Light price hovers at $54.44 per barrel
OIL MARKET: Bonny Light price hovers at $54.44 per barrel By Eyo Nsima The price of Bonny Light, Nigeria’s oil grade, has hovered at $54.44 per barrel, in the international market. This indicates over 414 in excess of the $40 per barrel benchmark price of Nigeria’s 2021 budget, which was also based on
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OIL SPILL: Shell documents four incidents in January, still counting
OIL SPILL: Shell documents four incidents in January, still counting By Eyo Nsima Shell Petroleum Development Company Limited, a leading International Oil Company, IOC in Nigeria has already documented four oil spill incidents in the Niger Delta. According to its report, the company, which is still counting other incidents, said they happened in early January 2021,
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