LONDON – Malaysian giant Petronas plans to invest up to $20 billion in an LNG plant and related infrastructure in British Columbia, a senior official at...
CAIRO – Chariot Oil & Gas has agreed on a six-month extension to a pair of licences off Morocco it bought close to the end of...
JOHANNESBURG – Public Investment Corporation of South Africa (PIC), has bought 255,607,605 shares or 1.5 per cent of Dangote Cement Plc for N45.75 billion. PIC is...
ABUJA – Chevron Corp. (CVX), the second-largest U.S. oil company, said it plans to sell its interest in two Nigerian shallow-water leases in the oil-rich delta...
NEW YORK – The US Energy Administration, EIA, has issued its first estimate of technically recoverable shale and tight oil worldwide, a sum of 345 billion...
World Environment Day (WED) is celebrated on June 5 every year to raise global awareness of the need to take positive environmental action and the importance...
LAGOS – The Nigerian unit of South Africa’s Standard Bank said on Tuesday it expected its pretax profit for the third quarter to hit 4.38 billion...
SAN FRANCISCO – Apple Inc. Chief Executive Tim Cook on Monday unveiled the company’s new Mavericks operating system. The new OS will handle multiple displays, and...
KADUNA – Managing Director of the Kaduna Electricity Distribution Company, KEDC, Alhaji Idris Mohammed, has expressed fears of possible abandonment of electricity projects worth N3.7 billion...
ABUJA – The Nigerian naira strengthened against the dollar on the interbank market on Monday, buoyed by central bank dollar supply and expectations of forex sales...