Shell, Qatar Seal Crude Supply Deal

Shell, Qatar Seal Crude Supply Deal

Qatar’s state-owned oil and gas company, QatarEnergy has entered into a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore. Commencing in January 2024, the deal encompasses the supply of up to 18 million barrels annually of Qatar...
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Nestle, Shipping Majors Seal Green Fuel Deals

Nestle, Shipping Majors Seal Green Fuel Deals

Container shipping companies, Hapag-Lloyd and CMA CGM on Thursday revealed that they have entered into collaboration with Nestlé, a Switzerland-based food & beverage company, aiming to advance cleaner shipping. “Nestlé has selected our emissi...
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Oyetola Woos Brazil, Jamaica, To Sign MoU With Saudi Arabia

Oyetola Woos Brazil, Jamaica, To Sign MoU With Saudi Arabia

The minister of Marine and Blue Economy, Adegboyega Oyetola, on Tuesday, continued bilateral discussions with ministers and representatives from the Kingdom of Saudi Arabia, Bangladesh, Brazil and Jamaica, expressing Nigeria’s government interest in lear...
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Nissan Unveils £2b Electric Car Investment Plan In UK

Nissan Unveils £2b Electric Car Investment Plan In UK

Nissan and its partners have announced a £2bn plan to build three electric car models at its Sunderland factory. BBC Reports that the Japanese firm will build electric Qashqai and Juke models at the plant alongside the next generation of...
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Firm Boosts Fleet With New LNG-Powered PCTC

Firm Boosts Fleet With New LNG-Powered PCTC

Japanese shipping company, Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group. Ordered from Nihon Shipyard, the 77,644 GT vessel...
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Saudi Arabia Opens Doors To African Investors

Saudi Arabia Opens Doors To African Investors

The Kingdom of Saudi Arabia is opening its doors to African investors and companies to benefit from the huge investment opportunities provided by the Kingdom’s Vision 2030 mega projects, a resolution from the Saudi-Africa Summit, indicates. The Kingdom, whil...
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Saudi Arabia Pledges Support For CBN, Nigeria’s Refinery

Saudi Arabia Pledges Support For CBN, Nigeria’s Refinery

The government of Saudi Arabia has promised to support the reforms being implemented by the Central Bank of Nigeria and also revamp Nigeria’s existing refineries through its state-owned oil company, Aramco during a bilateral engagement between President Tinu...
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AfCFTA: Nigeria To Host West, Central African Ports  

AfCFTA: Nigeria To Host West, Central African Ports  

In recognition of the remarkable improvements demonstrated by the Nigerian Ports Authority (NPA)  toward advancing the frontiers of trade facilitation, the Port Management Association of West & Central Africa (PMAWCA) has conferred the hosti...
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Pope Urges End To Hamas-Israel Conflict

Pope Urges End To Hamas-Israel Conflict

Pope Francis pleaded Sunday for an end to the Hamas-Israeli conflict amid fears it could widen and called for more humanitarian aid to be allowed into to the Gaza Strip. “War is always a defeat, it is a destruction of...
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GIABA DG To Deliver Realnews 11th Anniversary Lecture

GIABA DG To Deliver Realnews 11th Anniversary Lecture

THE Management of Realnews Magazine and Publications Limited, publishers of Realnews Magazine Online, has announced that Edwin W. Harris Jr, Director General of the ECOWAS Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA), Senegal...
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UN Officials Condemn Deadly Attacks In Israel

UN Officials Condemn Deadly Attacks In Israel

The UN Secretary-General condemned “in the strongest terms” the attack by Hamas against Israeli towns, UN Spokesperson Stéphane Dujarric said. At dawn, a Hamas-led operation launched thousands of rockets towards Israel from the Gaza Strip, according to th...
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Africa To Earn $58b Development Aid Through AfCFTA

Africa To Earn $58b Development Aid Through AfCFTA

Internal trading will earn Africa more than $58 billion in development assistance, the Africa Continental Free Trade Area (AfCFTA) has said. The Chief of Staff, AfCFTA Secretariat, Silver Ojakol, made this known on behalf of the Secretary-General, Wamkele Mene...
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Firm Takes Delivery Of 3rd LNG Carrier

Firm Takes Delivery Of 3rd LNG Carrier

Japanese shipping company K Line has taken delivery of the newly-built W-Max class liquefied natural gas (LNG) carrier, Lagenda Setia, intended for a long-term charter with Malaysian energy major Petronas LNG. The Chinese shipbuilder Hudong-Zhonghua Shipbuildi...
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Qatar Airways Cargo Celebrates 20 Years Of Dedicated Operations

Qatar Airways Cargo Celebrates 20 Years Of Dedicated Operations

Qatar Airways Cargo, a pioneering force in the global air cargo industry is celebrating 20 years of dedicated freighter operations.  A statement sent to City Business News on Monday explained that Qatar Airways Cargo has evolved and grown into ’the...
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