OPEC daily basket
OPEC daily basket price stood at $55.81 a barrel Wednesday, 13 January 2021, compared with $55.41 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
Maersk container ship suffers an attack in Nigeria
Maersk container ship suffers an attack in Nigeria Maersk container ship has suffered a major attack in Nigeria, according to FleetMon. It stated: “Container ship MAERSK CARDIFF was attacked SSW of Port Harcourt at around 2000 UTC Jan 13 and later at 0000 UTC Jan 14 she was probably, boarded, or there was a second
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Africa: the most ‘ready-for-circularity’ continent?
Africa is potentially one of the most ‘ready-for-circularity’ continents because its ecological footprint is still very low The continent’s chances of moving towards circular business models are easier than in other continents where most infrastructures were built without their next life cycles in mind. Africa is potentially one of the most ‘ready-for-circularity’ continents because its
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DHL Global Forwarding invests 126.5 million rand in new facility in South Africa
The new facility will boast 10,000 square meters of warehousing space, doubling the existing capacity to meet future demand Signs exclusive ten-year lease for approximately 13,000 square meters of office and warehousing space at the newly-developed Skyparks Business Estate near Oliver Reginald (O.R.) Tambo International Airport; the new facility will boast 10,000 square meters of
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The total financing of ITFC reaches $ 11.2 billion for Egypt
Within the Framework of Cooperation between the Arab Republic of Egypt and the International Islamic Trade Finance Corporation: Five Ministers Witness the Signing of ITFC’s 2021 Program Totaling US$ 1.1 Billion Aimed at Providing Integrated Trade Solutions to Egypt In 2021, collaboration will continue with the aim of providing institutional support and capacity building programs
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OPINION: Ending Violence in Mozambique Will Require United Effort; African Energy Chamber Stands Ready to Assist
OPINION: Ending Violence in Mozambique Will Require United Effort; African Energy Chamber Stands Ready to Assist By NJ Ayuk I won’t sugarcoat it: The situation in Mozambique’s northern Cabo Delgado province is dire. Armed conflicts between security forces and the militant Islamic group, Ahlu Sunnah Wa-Jamo (ASWJ), known locally as “al-Shabab” even though it
Leave NDDC alone, Clark warns Akpabio
Leave NDDC alone, Clark warns Akpabio The Ijaw National leader and Chairman, Pan-Niger Delta Forum (PANDEF), Chief Edwin Clark, has warned the Minister of Niger Delta Affairs, Chief Godswill Akpabio to stop intervening in the internal affairs of the Niger Delta Development Commission, NDDC. He said the frequent intervention in what should be the
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NNPC restates commitment to OPEC+ Agreement
NNPC restates commitment to OPEC+ Agreement The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organization of the Petroleum Exporting Countries (OPEC) and its allies aimed at stabilizing the global oil market. The Group Managing Director of NNPC, Mallam Mele Kyari, stated this Wednesday while
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LEKOIL appoints Tennyson Securities as Joint Broker
LEKOIL appoints Tennyson Securities as Joint Broker LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, has appointed Tennyson Securities to act as the Tennyson Securities to act as the Company’s Joint Broker alongside SP Angel Corporate Finance LLP with immediate effect. In a statement obtained by
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OIL SPILL: How Shell recorded 10 incidents in December 2020
OIL SPILL: How Shell recorded 10 incidents in December 2020 As oil theft and illegal refining continue in the Niger Delta, Shell Petroleum Development Company, SPDC, has recorded 10 oil spill incidents in December 2020, indicating a drop of five when compared to 15 recorded in November. Specifically, the incidents, which Shell attributed to sabotage
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