Govt, Stakeholders urged to key into 2024 Ocean Decade Conference Statements

Govt, Stakeholders urged to key into 2024 Ocean Decade Conference Statements

Govt, Stakeholders urged to key into 2024 Ocean Decade Conference Statements. The call for the Federal Ministry of Marine and Blue Economy and all maritime stakeholders in Nigeria to align with the 2024 Ocean Decade Conference Statement has been emphasized by Mr. Anthony Akpan, President of Pan African Vision for the Environment (PAVE), and National…

China Pledges Support for Nigeria’s Inland Waterways Transport

China Pledges Support for Nigeria’s Inland Waterways Transport

China Pledges Support for Nigeria’s Inland Waterways Transport The People’s Republic of China has pledged to support the Federal Government of Nigeria in enhancing inland waterways transport to alleviate port congestion across the country. During the Breakfast Meeting on Security and New Technologies for Inland Waterways Transportation organized by Zoe Maritime Resources Ltd. in Lagos,…

FG suspends mining activities within OAU, environs

FG suspends mining activities within OAU, environs

FG suspends mining activities within OAU, environs. The Minister of Solid Minerals Development, Dr Dele Alake, Tuesday, placed indefinite suspension on mining activities around the Obafemi Awolowo University, OAU, and Obafemi Awolowo University Teaching Hospitals Complex, OAUTHC, Ile-Ife, Osun State. According to a statement signed by the Special Assistant on Media to the Minister, Segun…

OPEC+ woos Namibia as it plans to begin production from 2030

OPEC+ woos Namibia as it plans to begin production from 2030

OPEC+ woos Namibia as it plans to begin production from 2030. The OPEC+ alliance, seeking to bolster its ranks after recent departures like Angola, is considering Namibia for potential membership, aiming to tap into what could become Africa’s fourth-largest oil output by the next decade, as per an African industry official and sources disclosed to…

Singapore retains world’s top maritime city crown

Singapore retains world’s top maritime city crown

Singapore retains world’s top maritime city crown. Singapore has maintained its status as the foremost maritime city globally, with Rotterdam and London trailing behind, as per the 2024 Leading Maritime Cities (LMC) report. The city-state, renowned for its extensive owned and managed vessel fleets, strategic geographic advantages, pro-business policies, and leadership in the maritime energy…

Tinubu inaugurates National Single Window steering committee
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Tinubu inaugurates National Single Window steering committee

Tinubu inaugurates National Single Window steering committee. President Bola Tinubu has inaugurated the steering committee of the National Single Window (NSW) project with the aim of enhancing trade in Nigeria. Addressing attendees during the committee’s inauguration on Tuesday in Abuja, Tinubu expressed optimism about the project’s potential, foreseeing it to yield $2.7 billion annually for…

NIPCO Gas Partnership Expands AutoCNG

NNPC and NIPCO Gas Partnership Expands AutoCNG Network Nationwide

NNPC and NIPCO Gas Partnership Expands AutoCNG Network Nationwide. NIPCO Gas Limited, in partnership with the Nigeria National Petroleum Company Ltd (NNPCL), is set to transform the AutoCNG infrastructure throughout Nigeria, providing drivers with an alternative fuel option to traditional petroleum products. During an update on the company’s efforts to promote gas usage as a…

Shell Deploys first Unmanned Survey Technology in Nigeria

Shell Deploys first Unmanned Survey Technology in Nigeria

Shell Deploys first Unmanned Survey Technology in Nigeria. The Shell Petroleum Development Company of Nigeria (SPDC) has achieved a groundbreaking milestone in Nigeria’s oil industry by completing the first-ever crewless survey, signaling a significant advancement in survey technology. The unmanned surface vessel (USV), Accession 500, conducted a non-stop 166-hour survey along a pipeline route near…

Minister Lokpobiri Blames Shell's TNP and Maintenance Activities for the Drop in Oil Production

Minister Lokpobiri Blames Shell’s TNP and Maintenance Activities for the Drop in Oil Production

Minister Lokpobiri Blames Shell’s TNP and Maintenance Activities for the Drop in Oil Production. Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), has linked Nigeria’s recent decrease in oil production capacity to issues concerning the Shell-operated Trans Niger Pipeline (TNP) and maintenance activities conducted by certain oil companies. In response to the…

ECOWAS to Launch of Energy and Transport Sectors Fund by End of 2024
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ECOWAS to Launch of Energy and Transport Sectors Fund by End of 2024

ECOWAS to Launch of Energy and Transport Sectors Fund by End of 2024. The Economic Community of West African States (ECOWAS) is on the verge of launching a specialized fund targeted at strengthening the energy and transportation sectors by the end of 2024. This initiative aims to tackle a significant financing shortfall of more than…