Africa
Oil rises to $57 as Iran talks drag on
Oil bounced back from a three-month low to around $57 (37 pounds) a barrel on Wednesday after an industry report showed a larger-than-forecast drop in U.S. crude stocks and Iran nuclear talks failed to produce a deal.
Nigeria to use LNG dividend in clearing debt backlog
Growing debt backlog within Nigeria’s federal, state and local governments has forced the presidency to share $2.1 billion to help alleviate issues created by declining revenues.
Nigeria to use LNG dividend in clearing debt backlog
Growing debt backlog within Nigeria’s federal, state and local governments has forced the presidency to share $2.1 billion to help alleviate issues created by declining revenues.
ITF Warns of Cruise Ship Job Scams
There is an increasing number of recruitment frauds targeting people wanting to work in the cruise industry, the International Transport Workers’ Federation (ITF) cruise ship task force chair Johan Oyen has warned. Scammers are using different tactics to try and part seafarers and potential seafarer
ITF Warns of Cruise Ship Job Scams
There is an increasing number of recruitment frauds targeting people wanting to work in the cruise industry, the International Transport Workers’ Federation (ITF) cruise ship task force chair Johan Oyen has warned. Scammers are using different tactics to try and part seafarers and potential seafarer
Vitol buys Azonto’s stake in Vioco
Azonto Petroleum is selling its entire shareholding in Vioco Petroleum and certain wellhead drilling equipment in Côte d’Ivoire to Vitol E&P. Azonto holds 35% of the shares in Vioco, which operates and holds an 87% working interest in the CI-202 Block in Côte d’Ivoire, where the Gazelle project is l
IMO: Shipping Regulation Must Be Sharper
Unnecessary administrative difficulties must be weeded out before an international shipping regulation is adopted, according to the Council of the International Maritime Organization (IMO). To that end, the Council reached an agreement at its meeting last week on a draft resolution establishing that
IMO: Shipping Regulation Must Be Sharper
Unnecessary administrative difficulties must be weeded out before an international shipping regulation is adopted, according to the Council of the International Maritime Organization (IMO). To that end, the Council reached an agreement at its meeting last week on a draft resolution establishing that
Rosneft Deepens Export Ties with Egypt
Russian oil and gas major Rosneft has signed two term sheets with Egyptian energy importers for future supplies of liquefied natural gas (LNG), liquefied petroleum gas (LPG) and oil products. Egyptian Natural Gas Holding Company (EGAS) has agreed to import LNG from Rosneft, and the term sheet signed
Rosneft Deepens Export Ties with Egypt
Russian oil and gas major Rosneft has signed two term sheets with Egyptian energy importers for future supplies of liquefied natural gas (LNG), liquefied petroleum gas (LPG) and oil products. Egyptian Natural Gas Holding Company (EGAS) has agreed to import LNG from Rosneft, and the term sheet signed
Cargotec Nabs Two
Cargotec has, through Kalmar and MacGregor, won contracts to retrofit two ship-to-shore (STS) cranes in Egypt, and to provide equipment package for two 38,000 dwt bulk carriers currently under construction in China. Kalmar will retrofit both electrically and mechanically two STS cranes for Alexandri
Cargotec Nabs Two
Cargotec has, through Kalmar and MacGregor, won contracts to retrofit two ship-to-shore (STS) cranes in Egypt, and to provide equipment package for two 38,000 dwt bulk carriers currently under construction in China. Kalmar will retrofit both electrically and mechanically two STS cranes for Alexandri