The new Minister of Aviation, Chief Osita Chidoka Tuesday assured Nigerians that the country’s airports will not be transit points for the transmission of the Ebola...
U.S.-headquartered independent oil firm Hess Corp. has taken the decision to suspend its operations in Iraqi Kurdistan as a precautionary measure amid the worsening security in...
Exxon Mobil Corp. and its Russian partner Rosneft OAO reported at the weekend that they have begun exploration drilling in the Kara Sea in the Russian...
An oil company owned by Israeli billionaire Dan Gertler said has said it had discovered around 3 billion barrels of oil in the Democratic Republic of Congo, an...
Ukraine threatened to block Russian oil and gas supplies to Europe in new sanctions against Vladimir Putin’s government, which it blames for a separatist uprising...
LAGOS-The Bonny Kingdom of Nigeria is a remote island in the Niger Delta region, accessible only by air and water. A renowned community in the Niger-Delta...
OSLO-Norwegian energy firm Statoil awarded Schlumberger a 1.15 billion crown ($185 million) two-year contract to provide integrated drilling services for several major fields on the Norwegian...
LONDON-OPEC trimmed its 2014 global oil demand growth forecast for a second consecutive month and said the group managed to increase output in July despite violence...
LAGOS, NIGERIA– Forte Oil PLC (formerly AP PLC) Nigeria’s foremost energy group, today announced its audited results for the six months period ended 30 June, 2014...
The Lagos State Government said N300 million votes was budgeted for the effective distribution of Liquefied Petroleum Gas, LPG accessories distribution in the state. The...