Product tanker AQUA MARINE, en route to Kavkaz Port, Russia, has suffered an engine failure in the morning of August 24, 2021, according to FleetMon. It stated: “Product tanker AQUA MARINE suffered engine failure early in the morning Aug 24 in the southern part of Bosphorus, while transiting the Straits in northern direction, en route […]
MARITIME ACCIDENT: Tanker disabled in Bosphorus, towed back Read More »
Bulk carrier GEORGIA HARMONY which arrived at Santos anchorage, Brazil, on August 17, 2021, from Gibraltar, has been quarantined, according to FleetMon. It stated: “Bulk carrier GEORGIA HARMONY arrived at Santos anchorage, Brazil, on Aug 17, from Gibraltar, with 19 crew on board. On Aug 19 ANVISA health agency found medical records showing that some
COVID-19: Bulk carrier GEORGIA HARMONY put under quarantine after suspicious death Read More »
.Nigerians should plan to buy shares in future By Eyo Nsima The Group Managing Director, GMD, Nigerian National Petroleum Corporation, NNPC, Mele Kyari, Tuesday, said with the Petroleum Industry Act, PIA, the apex oil company, has become a commercial entity, under the Company and Allied Matters Act, CAMA. He said the company has started operating
BREAKING: NNPC cutting costs, works towards declaring profit Read More »
The Department of Petroleum Resources has faulted the claim by the Nigeria Customs Service that it was partly responsible for the continued smuggling of Premium Motor Spirit popularly called petrol, which has been subsidized by the Federal Government. The Head, Downstream Department, DPR, Bashir Sodiq, said filling stations along the land borders now get less
SMUGGLING: NCS, NSA grant border stations waivers —- DPR Read More »
.PIA will restore confidence, boost investment By Eyo Nsima The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mele Kyari, has disclosed that because of the delay in the passage of the nation’s Petroleum Industry Bill, PIB, into law, only $3 billion worth of investments were attracted into the petroleum industry in the past 10
BREAKING: Less than $3bn foreign investment entered Nigeria’s in 10 years — NNPC Read More »
China’s pilot project of building the largest all-electric-drive cruise ship in the world is coming close to reality at the Yichang shipbuilding industrial park, according to FleetMon. It stated: “The all-electrically powered cruise ship named Yangtze Three Gorges 1 is based on a project launched by the Chinese government as a mega initiative for encouraging
China building world’s largest electricity-powered Cruise Ship Read More »
By Eyo Nsima The World Bank Group (WBG) Africa 2022 Fellowship Program, targeting young talented African nationals with Ph.D. will close on August 23, 2021. In a statement obtained by The Daily, www.thedaily-ng.com, the bank, stated: “The World Bank Group (WBG) Africa Fellowship Program targets young talented African nationals who are completing or have recently
JUST IN: World Bank Group Africa Fellowship Program Ends August 23, 2021 Read More »
Policy Alert, a Civil Society Organisation working on economic and ecological justice, has faulted the President’s assent to the Petroleum Industry Act 2021, urging communities to test the provisions of the Act before the courts. President Muhammadu Buhari had on Monday, August 16, 2021, signed the erstwhile Petroleum Industry Bill (PIB) into law amidst protests
By Eyo Nsima The prices of crude oil, Friday, dropped further to $64.05 in the global market, ‘after the U.S. dollar strengthened on concern that the global economic recovery might slow’. With increased vaccination across the world, economic recovery was expected to be rapid in the coming months. But with the speculated slow recovery, prices
OIL MARKET: Prices drop to $64.05 per barrel over slow economic recovery Read More »
By Godswill Odiong Policy Alert, a Civil Society Organisation working on economic and ecological justice, has faulted the President’s assent to the Petroleum Industry Act 2021, urging communities to test the provisions of the Act before the courts. President Muhammadu Buhari had on Monday, August 16, 2021 signed the erstwhile Petroleum Industry Bill (PIB) into
PIB assent: Policy Alert urges communities to test provisions in court Read More »
