Author name: Godswill Odiong

#EndSARS: It’s alarming several people have been killed, injured during the ongoing protests in Nigeria --- European Union

EU advised to invest $8bn in port infra to realize its energy goals

WindEurope, a European wind trade association, has advised an investment of $8bn in its port infrastructure of Europe as ports will play a central role in realizing the energy goals of the European Union, according to FleetMon. It stated: “In line with realizing the goal of climate neutrality, the EU is looking to develop offshore […]

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JUST IN: Celebration as Research ship POLARSTERN arrives in Bremerhaven

MARITIME: Port of Ashdod chasing innovation to achieve greater efficiency

The Port of Ashdod, Israel, has started an Innovation program, targeted at enabling 10 start-up companies to develop innovative products and technologies related to shipping, logistics, and energy, according to FleetMon. It stated: “The Port of Ashdod, Israel, has started an Innovation program where around 10 start-up companies will be selected to develop innovative products

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Fishing vessel sinks after collision with the bulk carrier, 17 fishermen missing at Java sea

GULF OF GUINEA: Fishing vessel suffers attack, 5 crew including 4 Koreans kidnapped

By Eyo Nsima A fishing vessel IRIS S has suffered an attack at around 1930 UTC May 31, 2021, 145 nm SE of Tema, Ghana, according to FleetMon. It stated: “Fishing vessel IRIS S was reportedly attacked at around 1930 UTC May 31 145 nm SE of Tema, Ghana, while under way. “Five crew were

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Russian ro-ro ship catches fire at Hakata in Japan

MARITIME ACCIDENT: Fire fighters tackle X-PRESS PEARL fire

Fire fighters have succeeded in extinguishing fire which occurred on board of container ship X-PRESS PEARL, according to FleetMon. It stated: “Fire on board of container ship X-PRESS PEARL is extinguished and the ship (the wreck of the ship) is already boarded by salvors.”” It added: “No doubt X-PRESS PEARL is a total loss, but

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BREAKING: Nigeria’s Bonny Light price hits $70.15 per barrel

Oil market shows signs of improvement as OPEC, non-OPEC Ministerial Meeting ends

By Eyo Nsima The Global oil market has started to show signs of improvement as tThe 17th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, ended on Tuesday, 1 June 2021. In a statement obtained by The Daily, Tuesday, OPEC, stated: “The Meeting noted the ongoing strengthening of market fundamentals, with oil demand showing

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PIA: DPR, others collapse website, NUPRC takes over

DPR to sanction defaulting independent marketers

Following the expiration of deadline given to all Petroleum Marketers by the Department of Petroleum Resources (DPR) within when to register their retail outlets into its e-Station platform, Abia State Field Office of DPR has advised Petroleum Marketers in the State to cue into the platform or risk not having their operational license renewed. Recall

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AfDB

African Development Fund ranked among the world’s leading providers of development assistance

The African Development Fund has been ranked second among 49 international agencies for the quality of its development assistance, underscoring its relevance to the continent’s most vulnerable countries. The African Development Fund is the concessional arm of the African Development Bank Group. According to the fifth edition of the Quality of Official Development Assistance report,

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BREAKING: NNPC seeks support to tackle oil theft in Nigeria

NNPC to acquire equity in private refineries in line with FG’s policy

…To Safeguard National Energy Security The Nigerian National Petroleum Corporation has revealed that it is currently considering equity participation in a number of private refineries in the country in line with a Federal Government policy directive which stipulates the mandatory participation of the Corporation in any privately-owned refinery that exceeds 50,000 barrels per day capacity

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PIA: DPR, others collapse website, NUPRC takes over

DPR set to present letters to Marginal fields investors

The Department of Petroleum Resources (DPR), yesterday, announced that it had concluded arrangements to issue award letters to successful investors in the 2020 marginal field bid round programme. In a statement signed by the Head, Public Affairs of the organisation, Mr. Paul Osu, it noted that the award ceremony has now been officially scheduled to

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