Category: International

Oil Tumbles On Global Economic Worries
May 11, 2022 No Responses

Oil Tumbles On Global Economic Worries

Oil prices tumbling more than 1% on Tuesday, extending the previous day’s steep declines as coronavirus lockdowns in top oil importer China, a strong dollar and growing recession risks fed worries about the outlook for global demand.  Reuters report that Brent crude fell...
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Maersk Supply Service To Recycle Three Vessels  
May 10, 2022 No Responses

Maersk Supply Service To Recycle Three Vessels  

Denmark-headquartered Maersk Supply Service, a provider of offshore marine services and integrated solutions for the energy sector, has arranged to recycle three of its vessels at a yard in Grenaa, as part of its strategy to optimise its fleet portfolio...
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Efforts To Reduce Global Gas Flaring Stalled
May 7, 2022 No Responses

Efforts To Reduce Global Gas Flaring Stalled

C The World Bank says global progress to reduce gas flaring, the wasteful industry practice of burning natural gas during oil production has stalled in the last 10 years.  This is contained in a statement obtained from the World Bank...
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Nadal Acknowledges Alcaraz As His “Replacement” After Madrid Open Defeat
May 7, 2022 No Responses

Nadal Acknowledges Alcaraz As His “Replacement” After Madrid Open Defeat

Rafael Nadal acknowledged Carlos Alcaraz can be considered a “replacement” for him after losing to his teenage rival at the Madrid Open. Alcaraz is one of the most exciting rising stars on the ATP Tour.   He enhanced his growing...
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U.S. firm To Train 50,000 Nigerian Youths On Competitive Skills
May 7, 2022 No Responses

U.S. firm To Train 50,000 Nigerian Youths On Competitive Skills

AUnited States-Nigerian Technology Company, WRKR Technology Inc., has promised to train 50,000 Nigerians on its skills that would make them globally competitive for employment opportunities.   WRKR is a technology company that unlocks access to work opportuni...
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France LNG Shipping Secures LNGC Charter Deal With EDF
May 7, 2022 No Responses

France LNG Shipping Secures LNGC Charter Deal With EDF

French ship-owning company, France LNG Shipping has signed another long-term charter contract for a new LNG carrier with EDF LNG Shipping, a subsidiary of Electricité de France. According to World Maritime News,  South Korean shipyard, Hyundai Samho...
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Seaport Offers Incentives To Reduce Vessel Emissions
May 6, 2022 No Responses

Seaport Offers Incentives To Reduce Vessel Emissions

To reduce vessel emissions, Canada’s Halifax Port Authority (HPA) has joined the World Port Climate Initiative (WPCI) as an incentive provider with the International Association of Ports and Harbours’ (IAPH) Environmental Ship Index (ESI). The HPA joined t...
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Shortage Of Midwives May Increase To One Million By 2030, Says WHO
May 6, 2022 No Responses

Shortage Of Midwives May Increase To One Million By 2030, Says WHO

The World Health Organisation (WHO) says that shortage of midwives will trigger an increase of one million by 2030 with serious implications for the attainment of Sustainable Development Goals.   Dr Matshidiso Moeti, World Health Organsation (WHO) Regiona...
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OPEC Raises Nigeria’s Production Quota To 1.772mbpd For June
May 5, 2022 No Responses

OPEC Raises Nigeria’s Production Quota To 1.772mbpd For June

The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022 to a new target of 1.772mbpd for June 2022.   A statement issued...
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Indians In Nigeria Commemorate Country’s 75th Independence  
May 2, 2022 No Responses

Indians In Nigeria Commemorate Country’s 75th Independence  

No fewer than 400 Indians in Nigeria on Monday engaged in different forms of physical exercise like yoga, aerobics, dance, running and cultural performance to commemorate India’s 75 years of independence. The programme tagged, “Run 4 Unity”, held at the....
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Indians In Nigeria Laud Inauguration of Nigeria-India Business Council 
May 1, 2022 No Responses

Indians In Nigeria Laud Inauguration of Nigeria-India Business Council 

Indians in Nigeria have expressed excitement over the newly inaugurated Nigeria-India Business Council designed to further strengthen the bilateral relations between the two countries.  General Secretary of the Afro Asian Initiative for Community Developm...
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Food Prices Hit Record High
April 9, 2022 No Responses

Food Prices Hit Record High

UN food agency on Friday said World food prices jumped nearly 13 per cent in March to a new record high as the war in Ukraine caused turmoil in markets for staple grains and edible oils.  The Food and Agriculture...
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Oil Surge Rattles Markets As Ukraine Conflict Intensifies 
March 4, 2022 No Responses

Oil Surge Rattles Markets As Ukraine Conflict Intensifies 

Oil prices soared again on Thursday as the Ukraine war triggered a dash for commodities that could be in short supply, while stock markets slipped as investors worried about higher inflation and slowing economic growth.  Brent crude oil rose more...
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Canada To Ban Imports Of Crude Oil From Russia
March 1, 2022 No Responses

Canada To Ban Imports Of Crude Oil From Russia

Canadian Prime Minister Justin Trudeau has announced a ban on Russian oil imports following the country’s invasion of Ukraine. Mr Trudeau said oil revenues have helped to prop up President Vladimir Putin and Russian oligarchs.  Coordinated Western s...
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