LAGOS-About a year after announcing its plan to go into local vehicle production, Kia Motors Nigeria has made good its promise with the inauguration of its...
By Kunle Kalejaye Oanda Energy Resources, OER says the economic value of the company’s Proven and Probable Reserves has increased from $545 million to $1.8...
By Kunle Kalejaye The Nigerian Maritime Administration and Safety Agency (NIMASA) has extended the phase-out date for single-hull tankers by five years, with the new...
By Joseph BAMIDELE CHICAGO IL-NIGERIA’S most powerful Petroleum Minister in history, Mrs. Diezani Alison-Madueke currently said to be seeking Asylum from countries around the world has...
The report, dated March 2015, focused extensively on Nigeria’s general elections. It said the notorious Minister, whose impunity is known to have been closely-protected by President...
WASHINGTON DC-The World Bank has thrown its weight behind President-elect, Maj.-Gen. Muhammadu Buhari (retd.), to probe the Nigerian National Petroleum Corporation over allegations of missing funds....
Managing Director, Nigerian Independent Petroleum Company Plc (NIPCO), Venkataraman Venkatapathy, says the delay in subsidy payment on imported petrol was the marketer’s biggest challenge in 2014....
US production volumes of petroleum and natural gas remained tops in the world in 2014, exceeding that of both Russia and Saudi Arabia, according to estimates...
Royal Dutch Shell agreed to buy smaller rival BG Group for 47 billion pounds ($70 billion) in the first major energy industry merger in more than...
LAGOS-A litre of petrol is still being sold for N100 in Ilorin and towns in Kwara State. Our correspondent, who monitored the situation in Ilorin on...
