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Five fuel vessels arrive Lagos amid supply worries

Lagos has received five vessels carrying petrol and diesel amid growing concerns about the stability of Nigeria’s fuel supply. The PUNCH reports that the vessels...

BW Energy inks sale and leaseback deal for jack-up drilling rig

Oslo-listed oil and gas E&P player BW Energy has signed a sale and leaseback agreement with China’s Minsheng Financial Leasing (MSFL) for a jack‑up drilling...

Taiwan Set to Launch 3.6 GW Offshore Wind Auction

Taiwan’s Ministry of Economic Affairs (MOEA) will launch an auction round for the third phase of its offshore wind zonal development programme in April,...

Two new campaigns with Equinor to keep Reach Subsea’s USV at work

Norway’s Reach Subsea has secured two new call‑offs under its frame agreement with compatriot state-owned energy firm Equinor which will see its uncrewed surface...

Mitsui greenlights $40 million investment in Port of Nigg

An investment of over GBP 30 million (around $40 million) in new facilities that will support offshore wind construction at the Port of Nigg...

Afreximbank boost Africa’s digital trade ecosystem

African Export-Import Bank (Afreximbank) has officially launched the inaugural cohort of its “Afreximbank Accelerator Programme,” bringing together eight high-potential startups from across Africa and...

Salalah container port hit by drone

The Maersk operated terminal in Oman was struck on Saturday damaging a ship to shore crane Operations at the container terminal in Salalah were suspended...

Singapore delays SAF levy rollout amid Middle East conflict

As the war in Iran continues to roil world oil markets, Singapore has delayed the rollout of its sustainable aviation fuel (SAF) levy, pushing...

USA Crude Oil Stocks Rise by Almost 7MM Barrels WoW

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 6.9 million barrels from the week ending March 13...

Oil Jumps as War Risks Intensify

Oil pushed higher as traders braced for a protracted conflict in the Middle East that could further roil energy markets. Global benchmark Brent rose 4.2%...

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