How Pilot killed 3 crew wounded – Russian missile hit Filipino bulk carrier By Our Correspondent FleetMon has disclosed that “Analysis of published photos and ships near Danube Delta (usual waiting site for ships about to call Ukraine), whose AIS are off during last 24-48 hours (as of 0130 UTC Nov 9), allows to […]
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DEMOLITION: Tackle corruption, demolition of Signature Villa Estate — S4C, CAD By Eyo Nsima The Lagos State Government has been urged to address alleged corruption that culminated in the demolition of Signature Villa Estate, Lekki, Lagos. The government had carried out a demolition operation, which resulted in the destruction of more than 25 completed
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Russia-Ukraine Crisis Takes Toll on Nigeria’s Crude, Affects Inflow, says NNPC The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-dependable Asian market at
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SIGNATURE VILLA ESTATE DEMOLITION: FACT-FINDING MISSION REVEALS KEY INSIGHTS “We are suffering for the sins we know nothing about”, a victim of the recent demolition of properties in the luxurious Signature Villa Estate, Lekki, Lagos, lamented beside the ruins of his former home. Amidst tears, confusion, and despondency, other victims of the demolitions took
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NLNG pledges to supply over 1.3m metric tons to Nigerian market By Eyo Nsima The Nigerian LNG limited has promised to sustain the supply of 1.3 million Liquefied Petroleum gas, LPG annually to the Nigerian market. In a statement obtained by The Daily, www.thedaily-ng.com, it stated: “NLNG has been making defining contributions to the domestic
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MARITIME ACCIDENT: Russian ferry hit by fleeing cargo ship By Our Correspondent A Russian cargo ferry SLAVYANIN and general cargo ship NEW RAOUF collided at around 0150 EEST November 8, 2023 in Black sea some 80 nm E of Varna, Bulgaria, while sailing on intersected courses, with NEW RAOUF having to give way to SLAVYANIN,
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Inconsistent policy threatens $155m smart meters project By Eyo Nsima Inconsistent government policies and other factors have threatened the execution of the $155 million Phase 2 of Nigeria’s National Mass Metering Programme, NMMP. The project is funded by the World Bank to provide 1,250,000 smart meters for distribution to 11 electricity distribution companies, DisCos
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2024 NAPE Summit attendee registration surges 47% By Eyo Nsima NAPE — the place where deals happen — is packing Houston’s George R. Brown Convention Center with dealmakers and decision-makers from companies large and small representing all facets of energy. As of NAPE’s “preferred rate” deadline, attendee registration for the 2024 NAPE Summit
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OIL MARKET: Prices slide to $80 per barrel on US inventories By Eyo Nsima The prices of many crudes have dropped to $80 per barrel, due mainly to rising inventories in the United States. The American Petroleum Institute (API), put the current inventories at 11.9 million barrels for the week ending November 3, 2023.
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NNPC/Aiteo Joint Venture Launches Nembe Crude Oil Grade By Eyo Nsima The NNPC/ Aiteo Joint venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international crude oil market. The announcement of the Nembe Crude Oil Blend, produced by Aiteo, the Operator of the NNPC/Aiteo Oil
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