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Gunvor

Melee Kyari

MRS, Vitol, Oando, AYM Shafa win NNPC crude-for-fuel contracts

The NNPC has reportedly issued award letters for highly sought-after contracts to exchange crude oil for imported fuel, with some Nigerian oil firms beneficiaries.

Full list: 132 firms bid for NNPC’s crude oil swap

The NNPC, Nigeria’s state owned oil giant, Thursday announced that 132 companies had submitted bids for the 2019 crude for refined products programme tagged Direct Sale, Direct Purchase (DSDP).

Congo’s Denis Nguesso, others in oil bribery scandal

A former employee of the Geneva-based commodities and energy trading firm, Gunvor, said he paid bribes to the president of the Republic of Congo via a presidential aide and Belgian firm Semlex to win Congolese oil contracts, according to a Swiss prosecution document.

Recent Stories

Price of Bonny Light hits $65.47 per barrel

The price of Bonny Light, Nigeria’s premium oil grade, has risen from $63.00 to $65.47 per barrel as the Organisation of Petroleum Exporting Countries, OPEC, cuts output by 500,000 barrels per day, bpd.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

Court orders final forfeiture of hospital facility owned by Imo APC Reps member

A Federal High Court sitting in Owerri, the Imo State capital has ordered the final forfeiture of a multi-million-naira hospital facility allegedly belonging to the House of Representatives member representing Ideato North and South Federal constituency, Pascal Obi.
The National Human Rights Commission (NHRC) has called for the arrest and subsequent trial of operatives of the Department of State Services (DSS) and other security officials involved in the invasion of the Federal High Court in Abuja.

NHRC calls for arrest, trial of security operatives involved in ‘court invasion’

The National Human Rights Commission (NHRC) has called for the arrest and subsequent trial of operatives of the Department of State Services (DSS) and other security officials involved in the invasion of the Federal High Court in Abuja.

US Supreme Court blocks plans to bring back federal death penalty

The highest court in the U.S. blocked plans to bring back the death penalty on a federal level on Friday, days before a planned execution.
A woman in northern India who was on her way to a court hearing of a rape case she had filed months ago was set on fire Thursday morning by five men.

Indian gang rape victim set on fire on way to court, dies

A woman in northern India who was on her way to a court hearing of a rape case she had filed months ago was set on fire Thursday morning by five men.