Information – Page 267 – City Business News

May 14, 2023 No Responses

Shell, GasLog, Seal LNG Charter Deals

GasLog, International owner and operator of liquefied natural gas (LNG) carriers has entered into new time charter agreements for two of its LNG carriers. One of the time charter agreements involves GasLog Singapore LNG carrier and it was signed with New...

May 14, 2023 No Responses

OKOMU OIL RESCUES A COMMUNITY FROM GAS EXPLOSION

Barely six (6) months after the fire service department of Okomu Oil Palm PLC averted what could have been a major fire disaster in Owan Community, Ovia North East LGA, the company has once again come to the rescue of...

May 14, 2023 No Responses

Obaseki Congratulates Lucky Igbinedion At 66

The Edo State Governor, Mr. Godwin Obaseki, has extended kind wishes to former governor of the State, Chief Lucky Igbinedion, as he marks his 66th birthday. In a statement, the governor described Igbinedion as a “leader who over the years...

May 14, 2023 No Responses

Obasanjo Praises I-G Baba At Awards Night

Former President Olusegun Obasanjo has praised the Inspector-General of Police, Usman Baba, for efforts in the security of lives and property.Obasanjo spoke on Friday in Lagos in a keynote address at National Daily Newspaper Awards for Year 2022.He said the...

May 13, 2023 No Responses

CSOs Seek End To Fossil Fuel Exploration

The 10th East African Petroleum Conference and Exhibition 2023, which came to a close in Kampala on Friday, has drawn criticism from Civil Society Organizations (CSOs) in the region. In a May 10, 2023 letter sent to the Heads of State of...

May 13, 2023 No Responses

WIME Mourns Margret Orakwusi

The Women in Maritime and Energy Awards (WIME) Advisory Board led by Mrs. Chizoba Anyika has paid a condolence visit to the family of Onyema and Orakwusi over the passing unto glory of Barr. Mrs. Margret Onyema-Orakwusi, a Maritime Lawyer and...

May 13, 2023 No Responses

Taiwo Afolabi Maritime Conference Holds May 19

The 2023 edition of Taiwo Afolabi Annual Maritime (TAAM) Conference will hold on May 19, 2023. The TAAM Conference is an annual event organised by the Maritime Forum of the Law Faculty, University of Lagos, in collaboration with SIFAX Group,...

May 13, 2023 No Responses

Buhari Congratulates NYSC At 50

President Muhammadu Buhari has congratulated a former Head of State, Yakubu Gowon, for the wisdom of setting up the National Youth Service Corps (NYSC) in 1973. In a statement by his spokesperson, Femi Adesina, on Friday, Buhari said the scheme had....

May 13, 2023 No Responses

Geely Releases ESG Report

Geely Automobile Holdings Limited has released its 2022 Environmental, Social and Governance (ESG) report. City Business News report that in the 2022 report, where 2020 is taken as the baseline, Geely Auto’s lifecycle carbon emissions per vehicle decre...

May 13, 2023 No Responses

Hyundai Delivers 1,021,712 Units In Three Months

By Moses Ebosele, ebosele@hotmail.com — Between January and March 2023, Hyundai Motor sold 1,021,712 units around the globe, a 13.2 percent increase from a year earlier. City Business News report that sales in markets outside o...

May 12, 2023 No Responses

Oil Falls On Weak US, Chinese Data

Oil prices fell about two per cent to a one-week low on Thursday as a political standoff over the U.S. debt ceiling stoked recession jitters in the world’s biggest oil consumer, while rising U.S. jobless claims and weak Chinese economic...

May 10, 2023 No Responses

NPA, CBN Boost e-Call Up Scheme With NXP Requirements

By Moses Ebosele. ebosele@hotmail.com — As part of measures to enhance Electronic Call Up system, the Nigerian Ports Authority (NPA) in collaboration with the Central Bank of Nigeria (CBN) is at the conclusive stage to integrate the CBN NXP requirements...

May 9, 2023 No Responses

Eni Seeks More LNG Cargoes from Nigeria, Egypt, Qatar, Others

As part of measures to guarantee gas supplies to its customers through a more diversified portfolio, Italy’s oil and gas company, Eni has increased the number of LNG cargoes from Nigeria, Egypt, Congo, Qatar, Angola, Indonesia, and Mozambique. Meanwhile, Eni...

May 9, 2023 No Responses

Edo Begins Exercise To Rid Okomu Forests, Others Of Criminals

Edo State Government in collaboration with forest rangers and security agencies is to launch a three-month operation to rid Okomu Forest, Gelegele Forest and Okomu National Park of criminal elements. State Governor, Godwin Obaseki disclosed this after a meetin...