.Plans to hit 50% income from digital initiatives, innovation By Eyo Nsima The Standard Chartered, a leading international banking group, with a presence in 59 of the world’s most dynamic markets, and serving clients in a further 85, has concluded plans to actualise strategic investment in new platforms, partnerships and ventures. It a statement obtained […]
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General cargo ship HOVERLA A collided with Greek fishing vessel west of Agios Efstratios island, south of Lemnos, Aegean sea, in the morning October 13, 2021, according to FleetMon. It stated: “General cargo ship HOVERLA A collided with Greek fishing vessel west of Agios Efstratios island, south of Lemnos, Aegean sea, in the morning October
MARITIME ACCIDENT: Ukrainian freighter collide with Greek fishing vessel in Aegean Sea Read More »
A deckhand of bulk carrier LUDOGORETS, berthed at Samsun port, turkey, Black sea, died on the spot after falling into cargo hold from a 14-meter height, according to FleetMon. It stated: “Understood tragic accident took place on Oct 12 or Oct 13. Police found circumstances of the death of 47-year old Bulgarian seaman suspicious, investigation
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By Eyo Nsima The global oil demand is set to rise by 5.96 million barrels per day, mb/d in the remaining part of 2021, according to the Organisation of Petroleum Exporting Countries, OPEC. In its October Oil Report, obtained by The Daily, www.thedaily-ng.com, OPEC, stated: “World oil demand is estimated to increase by 5.8 mb/d
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By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil rig count, a major index of measuring activities in the upstream sector at 11 in September 2021. It its just-released October Monthly Oil Market Report, MOMR, OPEC maintained that the nation’s rig count was also 11 in the previous month of
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By Eyo Nsima The Central Bank of Nigeria, CBN, has issued new guidelines on the disposal of Non-Permissible Income in the country. In a circular, ‘Guidelines on Disposal of Non-Permissible Income ‘signed by Director of Policy & Regulation Department, Chibuzo Efobi, CBN, stated: “The Central bank of Nigeria, CBN in its efforts to standardise the
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…As NNPC Plans to Rebuild Roads Under Tax Credit Scheme As a follow-up to its efforts in sustaining the current smooth supply and distribution of petroleum products nationwide within the festive period and beyond, the Nigerian National Petroleum Corporation (NNPC) has engaged critical stakeholders so as to find lasting solutions to the road network challenges
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By Mohammad Sanusi Barkindo It is a great pleasure to welcome you all to this first-ever Technical Workshop with Energy Companies, which is being held today as a videoconference. We are pleased to welcome national oil company representatives from both OPEC Member Countries, as well as non-OPEC countries participating in the Charter of Cooperation, in
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OPEC daily basket price stood at $82.53 a barrel Monday, 11 October 2021, compared with $81.54 the previous Friday.
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By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has tasked members and observers of G24 on oil market stability. In his verbal statement at the G-24 Ministerial Meeting, the Secretary General, OPEC, HE Mohammad barkindo, stated: “The global economy and, consequently, the global oil market have made considerable progress recovering from the impacts
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