INTERNATIONAL

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

OIL MARKET: Bonny Light price hits $60.52 per barrel

By Alison Godswill The price of Nigeria’s Bonny Light has risen to $60.52 per barrel, apparently the highest in 2021, as the Organisation of Petroleum Exporting Countries, OPEC continues to pursue its oil cut deal. The prices of other crudes, including Brent, OPEC Basket, and the Urals also rose from over $50 to $61.14, $60.28, […]

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GAS EXPLOSION: DPR introduces new guidelines to guide operations of downstream gas facilities

OIL SUPPLY: Non-OPEC supply growth in 2021 has been revised down by about 0.2 mb/d — Report

The Organisation of Petroleum Exporting Countries, OPEC, has revised non-OPEC supply growth in 2021 down by about 0.2 million barrels per day, mb/d, indicating an increase of 0.7 mb/d, to average 63.3 mb/d. In its February 2021 report obtained by The Daily, www.thedaily-ng.com, OPEC stated: “The forecast for non-OPEC supply growth in 2021 has been

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JUST IN: Oil price hits $77.16 per barrel as OPEC+ meets in Vienna

JUST IN: OPEC pleased as Crude Oil Price Movements rise further

The Organisation of Petroleum Exporting Countries, OPEC said it is well-pleased with Crude oil Price Movements since January, this year. In its February 2021 report obtained by The Daily, www.thedaily-ng.com, OPEC stated: “Crude oil spot prices rose firmly in January, along with a steady rise in futures markets. Major physical crude benchmarks increased about 10%

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Sail training vessel Vela being launched in Thailand

How Russian sailor dies on board of Russian freighter in Antwerp

Russian sailor died in a tragic work accident on board of Russian general cargo ship ATLANTIC PROJECT II, berthed at Antwerp, on Feb 9, 2021, according to FleetMon. It stated: “In the process of removing cargo hold cover by a crane, sailor was hit by cover, fell into hold and died on the spot.” It

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Bulk carrier aground in Columbia River

Japanese bulk carrier seized by migrants in UK

Japanese bulk carrier on Feb 9 was seized by seven migrants (or stowaways) while being off Portland, UK, English Channel, according to Trade Winds report, according to FleetMon. It stated: “Bulk carrier left Rouen France on Feb 8, understood her destination being Portland, though it’s not confirmed. Migrants were discovered by crew on Feb 9

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

OIL MARKET: Oil price rises to over $61.15 per barrel

.As Nigeria’s Bonny Light price hits $59.46 By Alison Godswill The price of Brent has risen to $61.15 per barrel in the international market as the Organisation of Petroleum Exporting Countries, OPEC and non-members continue to cut supplies to the market. The price of other crudes, including OPEC Basket, West Texas Intermediate, WTI, and the

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MARITIME ACCIDENT: Panamax bulk carrier catches fire in Arabian Sea, needs medical assistance

JUST IN: Fire guts container ship VERA RAMBOW in Hamburg

The fire erupted in the engine room of container ship VERA RAMBOW in the morning Feb 8, shortly after the ship left Hamburg container terminal, according to FleetMon> It stated: “Master informed authorities, the crew tried to extinguish the fire by own means, while fireboat and tugs immediately responded. “VERA RAMBOW was towed to Kohlbrand

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flag of angola

BIDDING ROUND: Angola’s Environmental Impact study is desirable — AAOGB

The Angolan Agency for Oil, Gas, and Biofuels, AAOGB has explained that the planned Environmental Impact study is an essential condition for the country’s bidding. In a statement obtained by The Daily, www.thedaily-ng.com, the agency, stated: “Due to some inaccurate interpretations disseminated in national and international media and also on social media about the work

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