Category : Search result: Venezuela oil seizure


Asian Markets Drift, Oil Up on Venezuela Blockade

Asian equities showed mixed performance as US jobs data failed to boost rate cut expectations. Oil prices surged over 1% after Trump ordered a blockade of Venezuelan tankers. Get the latest market analysis.

NCS Intercepts Cocaine on Brazilian Ship at Apapa

Nigeria Customs Service intercepts 25.5kg of cocaine hidden on MV San Anthonio at Apapa Port. The vessel, which sailed from Brazil, has been detained. Read the full details of the major drug bust.

NNS BEECROFT Intercepts 172kg of Illicit Drugs

Nigerian Navy Ship BEECROFT has intercepted and handed over 172kg of Cannabis sativa to the NDLEA. The seizure highlights ongoing efforts to secure Nigeria's maritime domain. Read more.

Troops nab driver, seize 276kg cannabis in Kogi

Nigerian Army troops in Kogi intercept a vehicle with 306 parcels of cannabis, arrest fleeing driver. A major blow to drug networks linked to banditry. Read the full details.

Nigeria eyes $10bn from 50 oil blocks lease

Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.

OPEC+ Pauses Oil Output Hikes Until March 2026

OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.

Trump Closes Venezuela Airspace Amid Tensions

US President Donald Trump declares Venezuela airspace closed as military tensions escalate. Six major airlines suspend flights amid security concerns. Read full details.

OPEC+ 2025 Oil Output Policy: A Review

OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.

Venezuela bans 6 airlines over security dispute

Venezuela bans Iberia, TAP, LATAM and 3 other airlines for suspending flights over US military activity. Over 8,000 passengers affected as Portugal calls move 'disproportionate'.

NDLEA seizes drugs hidden in machine parts at Lagos airport

NDLEA intercepts methamphetamine, cocaine, and cannabis concealed in imported machine cylinders and auto parts at Lagos airport. Multiple arrests made nationwide in major crackdown on drug trafficking ahead of festive season.

NDLEA Intercepts Cocaine Ship at Lagos Seaport

Nigeria's drug enforcement agency intercepts MV Nord Bosporus with 20kg cocaine from Brazil. Captain and 19 crew detained as court grants 14-day investigation period. Read full details.

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