ABUJA – The Federal Government of Nigeria on Wednesday in Abuja inaugurated a special power initiative tagged ‘’Light Up Nigeria’’ project aimed at providing renewable electricity...
…Protests in Libya push Brent futures higher NEW YORK – Oil futures moved higher Wednesday as traders paused following a steep selloff fueled by concerns over...
…U.S. oil prices fall to lowest settlement since May 31 …Traders worried about growing supplies, potential Fed tapering next month …Brent still supported by stalled Iran...
LONDON – Asian stocks dropped after China’s leaders failed to provide a clear direction on policy over the coming decade, pushing down Hong Kong the most...
PORT VICTORIA – Maritime forces from the United States, 10 East African and two European nations, along with several international organizations, commenced the multinational maritime exercise...
LONDON – PetroChina (0857.HK), China’s top oil and gas firm, said it had agreed to acquire Brazilian state energy firm Petrobras’ (PETR4.SA) oil and gas assets...
TOKYO – Japan’s upper house passed legislation on Wednesday to start the most ambitious reform of its electricity sector since 1951, a process prompted by the...
LAGOS — Retired workers of defunct national carrier, Nigerian Airways, yesterday, appealed to President Goodluck Jonathan to use his good offices to pay them outstanding N70...
MOSCOW – South Korea and Russia agreed Wednesday to create a $500 million joint fund with their sovereign wealth funds, aimed at increasing cross-border investments in...
TOKYO – Nissan Motor Co. will roll out a redesigned model early next year in Japan with an Infiniti badge on its front grill. That will...