Qatar, China Seal 27-Year LNG Supply Deal 

Qatar, China Seal 27-Year LNG Supply Deal 

QatarEnergy and China Petroleum & Chemical Corporation (Sinopec) have entered into a 27-year sale and purchase agreement (SPA) for the supply of 4 million tons per annum (mtpa) of liquefied natural gas (LNG) to China.  The contracted LNG volumes will be supplied...
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Oil Falls As China Sticks To Strict COVID Policy

Oil Falls As China Sticks To Strict COVID Policy

Oil prices fell more than 2% at the start of Asia trade on Monday after Chinese officials at the weekend reiterated their commitment to a strict COVID containment approach, dashing hopes of an oil demand rebound at the world’s top crude...
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Nigerian Navy Receives Patrol Vessel From China To Boost Fight Against Piracy

Nigerian Navy Receives Patrol Vessel From China To Boost Fight Against Piracy

The Minister Of Defence, retired Maj.-Gen. Bashir Magashi,  on Friday said that the Nigerian Navy had taken possession of a patrol vessel from China to boost the fight against piracy.  The minister said this during the handover of  some military...
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Shipping Firm Seals LNG Carriers Deal With China’s ENN

Shipping Firm Seals LNG Carriers Deal With China’s ENN

Japanese shipping heavyweight, Mitsui O.S.K. Lines has signed a long-term charter contract for three new building LNG carriers with ENN LNG (Singapore) Pte., a wholly-owned subsidiary of Chinese ENN Natural Gas. The vessels will be constructed at Hudong-Zhongh...
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Shell Secures $ 1 billion LNG Deal

Shell Secures $ 1 billion LNG Deal

Shell has sealed ten-year marine Liquefied Natural Gas (LNG) sales and purchase agreement with Israeli container shipping company,  ZIM  valued at more than $1 billion. According to World Maritime News, the LNG is intended for ten LNG-...
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Ambassador Lauds Chinese, Nigerian Govt Over Air Peace China service

Ambassador Lauds Chinese, Nigerian Govt Over Air Peace China service

The Nigerian Ambassador to the People’s Republic of China, Baba Jidda, has commended the governments of China and Nigeria for deepening bilateral ties between both countries. He said that this was reflected through the approval of Air Peace’s scheduled, co...
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Rep Lauds Air Peace On Direct Flights To China

Rep Lauds Air Peace On Direct Flights To China

The House of Representatives has commended Air Peace on the commencement of direct flight between Nigeria and China.  Air Peace on Wednesday announced its official commencement of flight operations into Guangzhou-China, becoming the first Nigerian airline to ...
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Air Peace Commences Flight Operations To China

Air Peace Commences Flight Operations To China

Air Peace has commenced operations into Guangzhou-China, becoming the first Nigerian airline to fly into the Asian country once every week.  Chief Operating Officer, Air Peace, Oluwatoyin Olajide, disclosed this at the airline’s inaugural flight to the ...
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Etihad Cargo Introduces 15 Direct Passenger, Freighter Flights Per Week To China 

Etihad Cargo Introduces 15 Direct Passenger, Freighter Flights Per Week To China 

Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has reinforced its commitment to the Chinese market with the introduction of 15 direct passenger and freighter flights per week.   A statement explained that throughout the pand...
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Air Peace Expands Flight Operations To China, India 

Air Peace Expands Flight Operations To China, India 

Nigeria’s leading airline, Air Peace, has revealed plans to extend its wings to Guangzhou, China and Mumbai, India, with scheduled flight operations in July, 2022. The airline has also disclosed that Israel operations kick-off is underway.    ...
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Geely Unveils Sustainability Report, Targets Carbon Neutrality Across Value Chain

Geely Unveils Sustainability Report, Targets Carbon Neutrality Across Value Chain

Geely Holding Group, on Monday, July 27, 2022 unveiled its 2021 sustainability report which aims to achieve carbon neutrality across the entire value chain by 2045.   Geely Holding said it has completed the checking of GHG emissions (Scope 3), a...
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Toyota Cuts Production Due To Lockdown In Shanghai

Toyota Cuts Production Due To Lockdown In Shanghai

Toyota says it will suspend operations at more production lines at its factories in Japan this month due to the coronavirus lockdown in Shanghai. The firm says the production halt will come into effect on Monday and stay in place...
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World’s Largest Ethane Carrier Delivered In China

World’s Largest Ethane Carrier Delivered In China

Pacific Ineos Belstaff, the world’s largest very large ethane carrier (VLEC), has been named and delivered in China.  . The naming and delivery ceremony took place at Shanghai Jiangnan Changxing Heavy Industry shipyard on 28 December 2021, Chi...
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Countries Reach Deal To Cut Trade Costs

Countries Reach Deal To Cut Trade Costs

Members of the World Trade Organization (WTO) have agreed on a landmark deal that could cut trade costs by £113bn a year.  Some 67 members agreed to cut red tape around licensing and qualifications.  The signatories, which include the UK,...
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