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Crude Gains on Tight Supply Signals

Oil rose as signs of tightness across several key market gauges outweighed indications of diplomatic progress toward reopening the critical Strait of Hormuz. Brent futures...

Alaska Airlines expects Boeing 737 MAX 10 certification within days

Alaska Airlines has suggested that it expects Boeing’s 737 MAX 10 to receive FAA certification by the end of September 2026, with the carrier...

Condor buyout by Attestor set for completion in August 2027

German leisure airline Condor has released further details regarding its takeover by the British investment firm Attestor, including a timeframe for when the acquisition...

When cargo owners buy the ships, who pays for the inefficiency?

There is an old truth in shipping that every generation seems to rediscover the hard way: whoever controls the ship controls the cargo's destiny....

NDPHC moves to revive 20-year Akwa Ibom power project

The Niger Delta Power Holding Company Limited has renewed efforts to revive the 330kV Ikot Abasi Transmission Line in Akwa Ibom State, nearly two...

Electricity subsidy may hit N2tn amid tariff freeze

The Federal Government may spend about N2 trillion to subsidise electricity this year as it maintains its position against an immediate increase in electricity...

Shipowners urge Dangote to support local fleet

Indigenous shipowners have called on major cargo owners, including the Dangote Group, among others, to support local fleet development by offering long-term Contracts of...

Perenco on offshore platform electrification quest to power Brazil’s shallow-water fields from shore

In a bid to strike a balance between maximizing asset longevity and curbing greenhouse gas (GHG) emissions, Perenco Brasil, a subsidiary of Anglo-French oil...

Expro lines up 14-well Canadian offshore life-extension campaign

U.S.-headquartered energy services provider Expro has won a multimillion-dollar deal to provide integrated well services for a major life-extension campaign off the coast of...

South Korean players embark on small-scale LNG commercialization mission

Two South Korean companies, GasEntec and Samsung Heavy Industries (SHI), are pooling resources to commercialize small-scale liquefied natural gas (LNG) technology. The two companies have...

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