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European box rates continue steep decline

reight rates out of Asia to Europe and the US began to climb after the US attacked Iran, but while Pacific charges have continued...

Saudi, UAE Join Push for SE Asian Oil Reserves

Saudi Arabia and the United Arab Emirates will support a Japanese initiative to bolster oil supplies in Southeast Asia after war-driven disruptions heightened concerns...

Oil Advances Amid War and Hurricane Risks

Oil ticked higher as the prospect of a wave of Russian diesel hitting global markets competed with mounting supply risks, from fresh tanker attacks...

129 Gulf Platforms Evacuated as Isaias Gets Stronger

In a statement sent to Rigzone on Friday, the Marine Minerals Administration (MMA) revealed that personnel had been evacuated from a total of 129...

Dogger Bank B Wind Turbine Installation Passes Halfway Mark

Forty-nine wind turbines have been installed at the Dogger Bank B offshore wind farm site in the UK, according to the latest mariners' notice...

Offshore Substations for Gennaker Wind Farm En Route to Baltic Sea

The topsides and jackets for two offshore substations (OSS) that will connect the 927 MW Gennaker offshore wind farm to Germany’s onshore grid have...

Banks withdraw N942bn from CBN facility as liquidity shifts

Nigerian banks withdrew N941.85 billion from the Central Bank of Nigeria’s Standing Deposit Facility in one day, pushing total placements below N4tn amid sharp...

CBN woos Asian capital as Cardoso strengthens partnerships

The Central Bank of Nigeria Governor, Olayemi Cardoso, has stepped up Nigeria’s engagement with Asian financial institutions and investors, seeking stronger capital flows, market...

Lagos customers endure outages as Band A feeders fail

Lagos electricity customers endured poor power supply in August as several Band A feeders failed to meet the minimum service level, with some recording...

FG’s 30-day petrol discount sparks opposition backlash

Former Vice President Atiku Abubakar, the Obidient Movement, the Nigeria Democratic Congress and the presidential campaign organisation of Oyo State Governor Seyi Makinde have...

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