Nigeria had to buy emergency supplies of Canadian potash in April after the country was unable…
Global Trade
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Global Trade
Subsea 7 Awarded Contract Offshore W/Africa
by energy timesby energy times 2 mins readSubsea 7 announced the award of a substantial contract for the engineering, procurement, installation, and commissioning…
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On Sunday 3rd April 2022, a video emerged on social media where a patrol vessel with the inscription NIMASA-Barugu on it and belonging to Messers Global West Specialist Vessels Limited sank in Lagos.
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Lekoil Nigeria considers the Savannah deal to be corrupt and unlawful, alleging that the deal as announced, is in contravention of applicable Nigerian law, given that prior Ministerial consent is required and this can only be achieved with the express consent of and facilitation by Lekoil Nigeria.
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Global Trade
IES: Global leaders to brainstorm on revitalising industry
by energy timesby energy times 3 mins readGlobal energy leaders are set to discuss the way forward and strategies for management of Africa’s…
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After over three years of dispute, Samsung Heavy Industries (SHIN) Nigeria Limited and LADOL Integrated Logistics…
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Global Trade
OPEC+ increases members’ oil output by 400,000bpd amid oil price rally
by energy timesby energy times 5 mins readThe 25th OPEC and non-OPEC Ministerial meeting has agreed to increase members’ oil ouput by 0.4…
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The U.S. Energy Information Administration (EIA) raised its Brent spot average price forecast for 2022, its…
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Global Trade
Global Oil, Gas investments to hit $628bn in 2022 – Analysts
by energy timesby energy times 5 mins readGlobal oil and gas investments will expand by $26 billion this year as the industry continues…
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Global Trade
OPEC appoints Haitham Al-Ghais of Kuwait as Secretary General
by Kayode Ekundayo 3 mins readThe Organization of the Petroleum Exporting Countries (OPEC) has appointed Mr Haitham Al-Ghais of Kuwait as…
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