Five ships have arrived Lagos ports, waiting to discharge Premium Motor Spirit (PMS), otherwise known as petrol. The Nigerian Ports Authority (NPA) stated this in its publication – `Shipping Position’, – a copy of which was made available on Friday in Lagos. The document noted that 33 other ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island Ports in Lagos from Feb. 19 to March 9. NPA explained that the expected ships contained buck wheat, bulk salt, bulk sugar, bulk coal, general cargoes, vehicles, containers, Rubber Tyred Gantry (RTG) cranes, gypsum, petrol, kerosene and Aviation Turbine Kerosene (ATK). 16 other ships are at the ports discharging general cargoes, soda ash, bulk rice, containers, steel products, diesel and petrol.
U.S. Oil Majors Slash Jobs Despite Trump’s Fossil Fuel Push
ConocoPhillips, Chevron, and other oil majors have announced mass layoffs despite expanding production capacity through multibillion-dollar acquisitions. Falling oil prices and cautious investor sentiment are forcing companies to cut capital spending and reduce workforces, even as Trump pushes pro-oil policies. OPEC+ production hikes and U.S. rig declines point to continued pressure on American producers, who…
September 15, 2025 • News
