OPEC daily basket price
OPEC daily basket price stood at $100.04 a barrel Monday, 15 August 2022, compared with $103.83 the previous Friday https://www.opec.org/opec_web/en/press_room/6758.htm
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Eterna reaffirms commitment to expanding gas usage in Nigeria, invests more than N20m in CSR in the last two years
Eterna PLC, a leading integrated energy provider in the country says it is investing in the deployment of Liquefied Petroleum Gas (LPG) skids across some of its retail outlets in the country. The newly appointed Managing Director/Chief Executive Director of Eterna PLC, Mr Benjamin Nwaezeigwe said this at a news briefing in Lagos. Prior to
Gennex Colloquium: Influx of quacks, substandard components threaten solar power operations in Nigeria
By Godswill Odiong Gennex Technologies, an indigenous energy company in Nigeria has highlighted influx of unqualified solar installers, substandard components and lack of innovative financial packages as major setbacks in providing renewable and alternative energy supply in Nigeria. The Managing Director, Gennex Technologies, Mr Patrick Ilo, who disclosed this at a colloquium tagged: “Delivering Sustainable
GAS DEVELOPMENT: Savannah Energy signs Gas Sales Agreement with Notore Chemical Industries PLC
By Eyo Nsima Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, has signed a new Gas Sales Agreement with Notore Chemical Industries PLC (Notore). In a statement obtained by The Daily, www.thedaily-ng.com, the company stated: “Savannah Energy PLC, the British independent energy company focused around
JUST IN: SON presents ISO 9001: 2015 Certification to Techno Oil Limited
By Eyo Nsima The Standards Organisation of Nigeria, SON, has concluded plans to present the ISO 9001: 2015 Certification to Techno Oil Limited at its Head office in Lagos today. The planned presentation followed the company’s continued compliance with best practices and international standards.
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MARITIME ACCIDENT: How Egyptian freighter disabled while transiting Dardanelles
By Our correspondent General cargo ship MANASSA MOON M has suffered engine failure at night August 14, 2022 in central part of Dardanelles, according to FleetMon. It stated: “General cargo ship MANASSA MOON M suffered engine failure at night August 14, 2022 in central part of Dardanelles while transiting the Strait in southern direction, en
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Oil market: Nigeria’s crude, others suffer setback on China’s negative data
By Eyo Nsima THE prices of crudes, including Nigeria’s Bonny Light, have dropped to an average of $90 per barrel, from $100 per barrel in the global market, due to speculation driven by the negative Chinese data. In its July 2022 economic data, obtained by The Daily, www.thedaily-ng.com, the China Central Bank, harped on the
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MARITIME: How Princess Cruises Cancels 11 Trips on Labour Shortages
By Our Correspondent As a result of labour issues, Princess Cruises canceled 11 cruise trips aboard its ship, DIAMOND PRINCESS, according to FleetMon. It stated: “Due to staffing challenges, Princess Cruises canceled 11 cruise trips aboard its ship, DIAMOND PRINCESS. This marked a delay in the vessel’s return to service after the disruption caused due
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MARITIME ACCIDENT: Disabled tanker towed to Bozcaada
By Our Correspondent Tanker SELINA II suffered engine failure at around 0800 UTC August 15, 2022 in southern Dardanelles off Kumkale, while en route from Gibraltar to Istanbul, apparently in Ballast, according to FleetMon. It stated: “Tanker SELINA II suffered engine failure at around 0800 UTC Aug 15 in southern Dardanelles off Kumkale, while en
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MARITIME: Windcat Workboats Obtains First Hydrogen Bunkering Permit in Netherlands
By Our Correspondent Windcat Workboats, a part of the Compagnie Maritime Belge, has obtained the first permit in the Netherlands to bunker hydrogen, according to FleetMon. It stated: “Windcat Workboats, a part of the Compagnie Maritime Belge, has obtained the first permit in the Netherlands to bunker hydrogen. The license has been granted in the
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