OPEC Daily Basket – December 31, 2020 OPEC daily basket price stood at $50.24 a barrel Thursday, 31 December 2020, compared with $50.22 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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Total-led consortium signs exploration, production agreement in Egypt An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) has signed an exploration and production agreement for the North Ras Kanayis Offshore block located in the Herodotus Basin, offshore Egypt in the Mediterranean
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COVID-19: Confirmed cases now 89,163 in Nigeria The confirmed cases of coronavirus pandemic have risen to 89,163 in Nigeria, according to the Nigeria Centre for Disease Control, NCDC. It stated: “On the 2nd of January 2021, 576 new confirmed cases and 8 deaths were recorded in Nigeria. “Till date, 89163 cases have been confirmed, 74789
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Chinese cargo ship sank on New Year eve, 2 dead 7 missing Cargo ship DINGHAOJI7 issued distress signal on Dec 30, reporting water ingress, flooded hold, and requesting assistance in Hangzhou Bay, south of Shanghai, according to FleetMon. It stated: “The ship with 4700 tons of cement on board was en route from Wuhu to
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Ukrainian crew of car carrier tackle armed robbers at Casablanca Ukrainian crew of car carrier have successfully tackled armed robbers at Casablanca, according to FleetMon. It stated: “On Jan 1 several perpetrators, armed with knives and clubs, sneaked on board of car carrier VIKING DIAMOND, berthed at Casablanca, Morocco. “The crew, consisting mostly of Ukrainian
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Oil Market: We expect a rebound in the second half of 2021, but it could take a couple of years to hit pre-COVID levels By HE Mohammad Sanusi Barkindo Let me wish you and all our colleagues a happy new year, and congratulate you all for your hard work in 2020. You deserve
‘Probe missing N3.8bn in health ministry, NAFDAC, others’, SERAP tells Buhari Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari “to direct the Attorney General of the Federation and Minister of Justice Mr Abubakar Malami, SAN, and appropriate anti-corruption agencies to probe allegations that N3,836,685,213.13 of public funds meant for the Federal
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PIB: The tasks before the National Assembly By Muda Yusuf BACKGROUND The oil and gas industry is a major contributor to the Nigerian economy and government revenue. Nigeria, with the largest oil and gas reserves in Africa, has huge untapped potential to achieve its economic development goals including gas-to-power ambitions. However, despite having the
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PROTEST: Security agents arrest Sowore, other activists in Abuja The police have arrested the publisher of Saharareporters and human rights activist, Omoyele Sowore, and other activists in Abuja. An eye witness said they were arrested by the Rapid Response Squad while on a peaceful procession to mark the New Year. However, the Socio-Economic Rights and Accountability
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Why NCC was ranked highest on ethics and integrity compliance Fresh facts have emerged why the Nigerian Communications Commission (NCC), was ranked highest in terms of compliance to ethics and integrity among other sister agencies under the Federal Ministry of Communications and Digital Economy. According to NCC, “The outstanding performance of NCC was contained in the
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