DUBAI – By opting to rollover its current output of 30 million barrels per day (bpd), hopefully until May next, Organisation of Petroleum Exporting Countries (Opec)...
NEW YORK – Social media giant Twitter, has announced their plans to expand their international market beyond their current users to reach those without Internet access....
NEW YORK – United States giant CococoPhillips plans to hike capital spending by six per cent to $16.7bn in 2014 as it increases development in prolific...
SAN FRANCISCO – Starting Monday, Microsoft’s new 12 days of deals promotion promises a sale each day until Christmas week rings in. To kick off the...
BEIJING – Chinese regulators will clamp down on banks’ and companies’ use of foreign currency for trade finance by ensuring that trade deals are authentic and...
TRIPOLI – Libya has lost more than $7 billion and faces new competition from Algeria and Nigeria in oil markets due to strikes at oilfields and...
TORONTO – Mexican senators on Friday neared agreement on a bill that would allow private investors to drill for oil and market the country’s black gold,...
By Joseph BAMIDELE LAGOS – Chevron Nigeria Limited (CNL), operator of the NNPC/Chevron Joint Venture and its partners in the Arrive Alive Road Safety Initiative (AARSI)...
KATHMANDU— The government has expressed its commitment to making gradual progress toward ensuring compliance of aviation safety standards and on keeping non-compliance rate of Nepal below...
LAGOS – The nation’s deteriorating power supply has been blamed on the capacity constraints of the generating companies, GENCOs, resul-ting from under-capacity utilisation. About 2,859 megawatts...
