LONDON – After two days trapped in freezing cold water and breathing from an air bubble in an upturned tugboat under the ocean, Harrison Okene was...
LONDON – Shell lifted its force majeure on gas supplies to Nigeria’s NLNG, the company said in a statement. “The force majeure was declared on 15th...
ABUJA – Heritage Oil reported Wednesday its Oil Mining Lease, OML, 30 concession in Nigeria is back to producing more than 35,000 barrels of oil per...
LAGOS – Managing Director of the Nigeria Gas Company, NGC, Engineer Seidu Mohammed, has invited investors to exploit the potentials offered by the Compressed Natural Gas,...
JOHANNESBURG – South African state power company, Eskom, and petrochemicals firm, Sasol, have signed agreement to explore the potential of underground coal gasification, UCG, technology to...
ABUJA – In a bid to further provide value-added services to its customers, Stanbic IBTC Bank, has announced the commencement of Saturday banking services in key...
ABUJA – In preparation for the Eurobond it intends to issues, Diamond Bank has asked France’s BNP Paribas and Afrexim Bank to lead an investor road...
LONDON – Maersk Group has launched ‘Quest for Oil’ – a free, highly sophisticated computer game that allows players to experience first-hand the stresses and strains...
LAGOS – In a move aimed at encouraging the residents of Lagos State to switch over from the use of firewood and kerosene to the use...
ABUJA – The Central Bank of Nigeria (CBN) cashless policy will soon take off in five other states of the federation and the Federal Capital Territory....
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