• 2 minutes California to ban gasoline for lawn mowers, chain saws, leaf blowers, off road equipment, etc.
  • 6 minutes China and India are both needing more coal and prices are now extremely high. They need maximum fossil fuel.
  • 11 minutes Europeans and Americans are beginning to see the results of depending on renewables.
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 40 mins NordStream2
  • 7 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 15 hours US intel warns China could dominate advanced technologies By NOMAAN MERCHANT October 22, 2021
  • 4 days The Climate Scare Stories Began With Far Left Ideology Per GreenPeace Co-Founder
  • 24 hours Putin and Xi have decided not to attend the Climate Summit in Glasgow
  • 3 mins Green Groups Thwarting Geothermal Solutions to Energy Problems
  • 2 days Biden Sets Target Of 50% EV Share In U.S. Car Sales In 2030
  • 4 days Storage of gas cylinders
  • 4 days "The Hidden Story About California's Container Ship Backlog" via Corbett Report
Does Divestment From Fossil Fuels Really Work?

Does Divestment From Fossil Fuels Really Work?

As more and more investment…

What ADNOC’s IPO Successes Mean For Middle East Oil

What ADNOC’s IPO Successes Mean For Middle East Oil

ADNOC’s recent drilling unit IPO…

Damir Kaletovic

Damir Kaletovic

Damir Kaletovic is an award-winning investigative journalist, documentary filmmaker and expert on Southeastern Europe whose work appears on behalf of Oilprice.com and several other news…

More Info

Premium Content

Nigeria Rescues Oil Tanker From High-Seas Pirates

The Nigerian Navy has rescued an oil tanker from pirates near Bonny Island, even as the number of high-seas hijackers is at an 18-year low, according to the International Maritime Bureau (IMB).

Nigerian Navy Captain Sulieman Dahun said the naval forces rescued the MT Gas Providence oil tanker, which came under pirate attack on Wednesday in River State, just off Bonny Island.

The vessels 21 crew members were rescued after sending off a distress signal received by the Navy.

It was the second failed hijacking attempt in the area this week. A Nigerian naval vessel also thwarted at a pirate attack on a second oil tanker, MT Rio Spirit.

In 2016, there were 36 recorded incidences of high-seas piracy in Nigeria—more than double the number of incidences the year before. There has also been an increase of high-seas kidnappings in Nigeria.

That said, from a global perspective, the new attacks come at a time of dwindling piracy on the high seas, with the number of pirates at a low not seen in nearly two decades, according to the IMB. Related: Time Bomb In Oil Markets: Goldman Sachs Issues Warning

At the same time, the number of kidnappings for ransom on the high seas has increased as pirates change their modus operandi. Globally, 62 people were kidnapped from vessels and held for ransom last year, which represents a three-fold increase from 2015.

For all of last year, the IMB recorded a total of 191 incidences of high-seas piracy, down from 246 incidences the previous year. The last time the number of high-seas attacks has been this low was in 1998.

In late January, International Maritime Organization Secretary-General Ki-Tack Lim told the American Media Institute that globally, high-seas piracy in on a downward trend thanks to improved coordination of security efforts, including the NATO-led anti-piracy effort off the Horn of Africa—Operation Ocean Shield.

By Damir Kaletovic for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News