Top 10 global fleets worth $516 billion
With no African nation making the ranking of ship owning nations, the latest report by Vessel Value has estimated the top 10 global fleets at $516 billion. Topping the list is Greece, with an owned fleet worth about $100 billion, followed closely by Japan and China, worth $89 billion and $84 billion respectively. According to…
Lagos Imperial City kicks off, woos investors to $300m project
The ambitious new deal for a fresh town project within the Lekki -Epe corridor in Lagos seems to be taking shape as the promoters have formally flagged-off the Imperial International Business City (IIBC) project.
Dare to dream and there will be light
I had a dream. In my dream, Nigeria had uninterrupted electricity supply. Yes, Nigerian cities had uninterrupted and improved electricity supply. In my dream, the Nigerian electricity...
102 global oil firms earn $4.8b in Q3 2016
About 102 global exploration and production oil companies earned almost $4.8 billion from upstream production during the third quarter Q3 of 2016.
Powergas receives best CNG, LNG award
Powergas, one of the largest Compressed Natural Gas (CNG) producer and distributor, has received the “Best Compressed & Liquefied Natural Gas Production Company” of the Year in 2016...
Selling Nigeria’s assets
As the debate on whether Nigeria should sell her assets or not rages on in the country, Atedo Peterside, the Chairman of Stanbic IBTC Holdings and former Chairman of the Technical committee ...
Modular refineries: Consequential to job creation
The unemployment problem in Nigeria will persist without creative thinking. Thinking out of the box (or thinking beyond the box) is a metaphor for thinking differently, unconventionally, or from a new perspective.
Firms join forces to boost LNG as marine fuel
A number of companies have decided to join forces in a new cross-industry initiative called SEA\LNG, to accelerate the use of liquefied natural gas (LNG) as a marine fuel.