NEW YORK – On Thursday, Brent crude rose above $106 a barrel after the US Federal Reserve indicated interest rates could rise next year, showing strength...
LONDON – The dollar upbeat on rate on Thursday and stocks and bonds fell across the globe as investors positioned for U.S. interest rates to rise...
ABUJA – According to the director at the Department of Petroleum Resources (DPR) George Osahon, the Nigeria’s oil reserves have dropped from 40 billion to 35...
BEIJING – Chinese oil giant, CNOOC uncovered 55-metre gas reservoir with Lingshui 17-2-1 probe in South China Sea China National Offshore Oil Corporation has made what...
NEW YORK – A handy countdown clock on the Microsoft Corp. site is ticking through the minutes until April 8, when the venerable and very outdated...
ABUJA – The Nigerian oil and gas industry looks set for a major shift as Shell Petroleum Development Company (SPDC) plans to take the Final Investment...
SAN FRANCISCO – Sony Corp unveiled a prototype for a new virtual reality headset accessory for its Playstation 4 games console on Tuesday at the annual...
… as refinery demand slows DUBAI – The Organisation of Petroleum Exporting Countries (OPEC) will cut crude exports this month to the lowest level since November...
ABUJA – President of National Association of Telecommunications Subscribers , NATCOMS, Chief Deolu Ogunbanjo, says Nigerian telecommunication subscribers lose a minimum of N730 billion annually to...
ABUJA – The Nigerian National Petroleum Corporation (NNPC) said it had put structures in place to grow the domestic gas consumption from 1.71 billion cubic feet...
