By HE Mohammad Sanusi Barkindo The fourteenth of September is a date of profound significance for the Organization of the Petroleum Exporting Countries (OPEC). It was on this day in 1960 that the five Founding Fathers of OPEC, Juan Pablo Pérez Alfonzo of Venezuela; Abdullah al-Tariki of Saudi Arabia; Dr Tala’at alShaibani of Iraq; Dr […]
Venezuela has played a crucial role in OPEC’s history Read More »
Container ship TANTO MITRA has collided with coal barge at Banjarmasin outer anchorage in southern Kalimantan, according to FleetMon. It stated: “Container ship TANTO MITRA collided with coal barge at Banjarmasin outer anchorage, southern Kalimantan, Java sea, in the morning Sep 13 on arrival from Jakarta. “Understood collision occurred while the ship was maneuvering to
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The largest container ship, EVER ACE on her maiden voyage, arrived at Felixstowe, Suffolk, United Kingdom. It stated: “The mammoth vessel is 400m long and has the capacity of carrying 23,992 containers, which is a record capacity among similar-sized vessels. Owned by the Taiwanese shipping company, Evergreen Marine, EVER ACE is the first of the
World’s largest container vessel, Ever Ace lands at Felixstowe Read More »
The port of Grimsby has been selected by the OYSTER consortium for their “marinized” electrolyzer project, according to FleetMon. It stated: “The project will be developing and demonstrating the electrolyzer system for the production of renewable hydrogen. The system will be designed to be integrated with the offshore wind turbines so that the feasibility of
Grimsby selected for renewable hydrogen project Read More »
By Eyo Nsima The price of nation’s Bonny Light and others have risen to over $72 per barrel in the international market folowing the laatest report of the over the International Energy Agency, IEA. According to the report, there would be a strong rebound in global oil demand from October, 2021, especially because of a
OIL MARKET: Bonny Light, other crudes prices hit over $72 per barrel Read More »
The National Crime Agency (NCA), Thursday, undertook a massive drug bust operation leading to the seizure of more than two tonnes (2,000 kg) of cocaine, according to FleetMon. It stated: “The National Crime Agency (NCA) on Thursday, 9th September, undertook a massive drug bust operation leading to the seizure of more than two tonnes (2,000
The Northern Marine Management, Managers of the 298,991 dwt Belgian flagged, crude oil tanker ‘Arafura’, has reported the deaths of the Chief Officer and Bosun, both Indian Nationals, as the vessel rounded Cape Horn, according to FleetMon. In a statement obtained by The Daily, www.thedaily-ng.com, it stated: “It is with deep sadness and regret that
UPDATE: Northern Marine Management condoles as VLCC tanker CEO dies Read More »
General cargo ship LISA AUERBACH has collided with anchored general cargo ship MY AN 1 early in Southern Vietnam, according to FleetMon. It stated: “General cargo ship LISA AUERBACH collided with anchored general cargo ship MY AN 1 early in the morning Sep 14 on Vung Tau anchorage, southern Vietnam. “MY AN 1, loaded with
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The Department of Petroleum Resources (DPR) has reopened eight petroleum tank farms shutdown by the Lagos State Physical Planning Permit Authority (LASPPPA) in Ijegun-Egba, Satellite Town, Lagos. Mr Ayorinde Cardoso, Zonal Operations Controller, DPR, Lagos Zone, who directed the reopening of the depots said the agency lacked the constitutional power to shut them down because
DPR reopens 8 tank farms sealed by LASPPA Read More »
OPEC takes pride in honouring and celebrating its rich and unique history and heritage, particularly on the Anniversary of its founding on 14 September 1960. The year 2021 marks the 61st Anniversary of that auspicious day and represents an opportunity to reflect on the Organization’s past and look to the future. Between 10 and 14
