A 50/50 joint venture between Macquarie’s Green Investment Group (GIG) and Total have been successful in securing rights to a seabed lease in the Eastern Regions zone in the Crown Estate’s Offshore Wind Leasing Round 4. According to Total, “the project, which will be located off the UK’s East Anglian coast, could deliver up to […]
TOTAL, GIG to jointly develop 1.5 GW offshore UK Read More »
By Eyo Nsima Product tanker, known as SEA PHANTOM has been attacked and boarded, at around 2330 UTC Feb offshore Douala, Cameroon in the Gulf of Guinea. According to FleetMon, “Product tanker SEA PHANTOM was attacked and reportedly boarded, at around 2330 UTC Feb in Gulf of Guinea SW of Douala, Cameroon. “The ship according
BREAKING: Greek tanker attacked, boarded in the Gulf of Guinea Read More »
By Godswill Odiong The confirmed cases of Coronavirus pandemic have risen to 139,242 in Nigeria, according to the Nigeria Centre for Disease Control, NCDC. It stated: “On the 6th of February 2021, 1588 new confirmed cases and 6 deaths were recorded in Nigeria Till date, 139242 cases have been confirmed, 112557 cases have been discharged
COVID-19: Confirmed cases now 139,242 in Nigeria Read More »
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.43billion for the month of November 2020 up by 54% when compared to the ₦8.71billion surplus recorded in October 2020. This is contained in the November 2020 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release by
NNPC records 54% rise in trading surplus for November Read More »
Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank President Mr David Malpass “to exercise the Bank’s prerogative to release archival records and documents relating to spending on all approved funds to improve access to electricity in Nigeria between 1999 and 2020, the Bank’s role in the implementation of any funded electricity projects,
$500m: SERAP asks World Bank to publish documents on funded electricity projects Read More »
WTO: We are happy with the new US administration to embrace Okonjo-Iweala as its candidate — President Buhari President Muhammadu Buhari has expressed happiness over the pronouncement of the Office of the United States Trade Representative, to embrace Dr. Ngozi Okonjo-Iweala as Director-General of World Trade Organization, WTO. In a statement obtained by The Daily, www.thedaily-ng.com, his Senior Special Assistant
How MSC container ship runs aground in Livorno Container ship MSC ANIELLO has run aground at Livorno entrance while entering the port on arrival from Genoa, at around 0800 UTC Feb 6, 2021, according to FleetMon. It stated: “For a reason yet unknown, the ship strayed off the fairway and headed straight for breakwater near the
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By Eyo Nsima The International Energy Agency, IEA has predicted that oil market recovery will become more visible in the second half of 2021. In its latest report obtained by The Daily, www.thedaily-ng.com, IEA stated: “Global oil demand is expected to recover by 5.5 mb/d to 96.6 mb/d in 2021, following an unprecedented collapse of
OIL MARKET: Expect recovery in the second half of 2021 — IEA Read More »
At last, the United States has endorsed Dr. Ngozi Okonjo-Iweala as a candidate for the post of Director General of the World Trade Organization (WTO) following the withdrawal of South Korea’s Trade Minister Yoo Myung-hee. In a statement from the Office of the United States Trade Representative sighted by The Daily, www.thedaily-ng.com, the nation stated:
WTO RACE: At last, the US endorses Okonjo-Iweala Read More »
By Eyo Nsima The price of Nigeria’s Bonny Light has risen to $58.93 per barrel in the international oil market, thus increasing hope for the execution of the nation’s 2021 budget. The budget was benchmarked on $40 per barrel, and 1.8 million barrels per day, mb/d. The prices of other crudes, including Brent, OPEC Basket
