The crisis in Nigeria’s aviation industry has reached a problematic level as domestic airlines are faced with an astronomical hike in the price of aviation fuel, with the commodity rising from N300 per litre to over N800 per litre within five months. The challenging operating environment has led to an unprecedented increase in airfares and […]
LCCI STATEMENT ON RESOLVING NIGERIA’S AVIATION SECTOR CRISES Read More »
By Eyo Nsima Seplat Energy, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, said it has not yet been informed about the withdrawal of Ministerial Consent by President Muhammadu Buhari over Mobil Producing Nigeria Unlimited, MPNU $1.3 billion oil deal. In a statement obtained by The Daily, https://thedaily-ng.com, the company,
MOBIL OIL DEAL: We have not been notified of Consent withdrawal — Seplat Energy Read More »
OPEC daily basket price stood at $101.29 a barrel Wednesday, 10 August 2022, compared with $100.92 the previous day https://www.opec.org/opec_web/en/press_room/6758.htm
OPEC daily basket price Read More »
Asharami Synergy, a Sahara Group downstream company has received three certifications from the International Organization for Standardization (ISO) in recognition of the company’s commitment to global quality, health, safety and environmental standards. The certifications include the ISO 9001:2015 Quality Management System, ISO 14001:2015 Environmental Management System, and ISO 45001:2018 Occupational Health and Safety Management System.
Asharami Synergy receives three ISO certifications, promotes downstream sustainability Read More »
By Our Correspondent The Global Liner Performance Report by Sea Intelligence, the Global Schedule Reliability has increased by 3.6% to reach an overall 40% in June 2022, according to FleetMon. It stated: “According to the latest release of the Global Liner Performance Report by Sea Intelligence, the Global Schedule Reliability has increased by 3.6% to
MARITIME: Global Liner Trade Reliability increases to 40% in June of 2022 Read More »
BY: Natalya Makarochkina An important principle in the development of IT over the decades has been Moore’s Law. Simply put, it predicted that transistor density in processors would double every two years as development progresses. Despite many predictions of its demise, it has remained a more or less guiding principle. However, what is perhaps less
By Eyo Nsima Finally, President Muhammadu Buhari, has taken side with the regulator of Nigeria’s oil and gas industry, Nigerian Upstream Petroleum Regulatory Commission, NUPRC and the Nigerian National Petroleum Company Limited, over the sale of Mobil Petroleum Nigeria, MPNU assets. Seplat Energy had earlier agreed to acquire the entire share capital of MPNU at
JUST IN: Buhari takes side with NUPRC, NNPC on $1.3bn oil deal Read More »
OPEC daily basket price stood at $100.92 a barrel Tuesday, 9 August 2022, compared with $100.78 the previous day https://www.opec.org/opec_web/en/press_room/6758.htm
OPEC daily basket price Read More »
By Our Correspondent A Container ship BF TIGER collided with understand, coastal cargo ship XINGHANG (XH489), southeast of Ningbo, Zhejiang province, East China sea, according to FleetMon. It stated: “Container ship BF TIGER collided with understand, coastal cargo ship XINGHANG (XH489), southeast of Ningbo, Zhejiang province, East China sea, early in the morning August 7,
MARITIME ACCIDENT: How Cargo ship collided and sank in China Read More »
By Our Correspondent A drilling rig BLACKFORD DOLPHIN, operating in Bay of Campeche offshore fields, Mexico, Gulf of Mexico, was boarded and looted in the Gulf of Mexico, according to FleetMon. It stated: “Drilling semi-submersible rig BLACKFORD DOLPHIN, operating in Bay of Campeche offshore fields, Mexico, Gulf of Mexico, was boarded and looted by 10
MARITIME: How drilling rig BLACKFORD DOLPHIN was looted in Gulf of Mexico Read More »
