By Elisha Bala-Gbogbo (Bloomberg) -- Escalating tensions sweeping through Nigeria haven’t yet disrupted crude flows from Africa’s biggest oil producer in any meaningful way. A wave of protests against police brutality have taken place in the past few weeks, triggering a deadly government crackdown in a nation that accounts for roughly 20% of Africa’s entire oil production. … [Read more...]
Nigeria to Bar Vessels Without Licenses from Operating in Nigerian Waters
ABUJA, Oct 4 (Reuters) - Nigeria plans to bar vessels without a valid licence to operate in Nigerian waters and has given shipping companies that trade in its coastal and inland waters three months to register, the maritime regulator said on Sunday. The Nigerian Maritime Administration and Safety Agency (NIMASA) said it will notify international oil companies to bar vessels … [Read more...]
Nigeria Imposes Port Restrictions to Prevent COVID-19 Spread
Photo: Igor Grochev / Shutterstock LAGOS, March 26 (Reuters) - Nigeria will only allow cargo vessels that have been at sea for more than two weeks to dock in its ports to prevent the spread of coronavirus, President Muhammadu Buhari said on Thursday. Health experts fear a widespread outbreak in Africa's most populous country of 200 million people which could … [Read more...]
Pirates Release ‘Happy Lady’ Crew Members
Pirates have released eight crew members kidnapped from the Greek tanker Happy Lady back in December as the vessel was anchored off the port of Limboh in Cameroon, on the Gulf of Guinea. The eight sailors, including the ship's 45-year-old captain, were released following successful conclusions negotiations with the kidnappers, the Greek shipping ministry said in a … [Read more...]
Nigeria Deploys Satellite Tech to Track Oil Smugglers
By Noah Browning LONDON, April 30 (Reuters) - From algorithms to track "dark" ships smuggling stolen crude oil to an online licensing system to undercut corruption, one Nigerian government agency hopes it can use new technology to tackle theft which has cost the country billions. But the initiative by the Department of Petroleum Resources (DPR) may be too late to stem … [Read more...]