…increases oil output to 160,000 bpd by year end 2014 ABUJA – In an effort to significantly increase its production output the Nigerian National Petroleum Corporation...
ISTANBUL – Earlier today, Turkey’s telecoms authority lifted a two-week-old ban on Twitter after the constitutional court ruled the block breached freedom of expression, an official...
LONDON – Production at the giant Kashagan oil field in Kazakhstan is unlikely to restart this summer as the companies involved in the consortium running the...
NEW YORK – U.S. stocks were little changed on Thursday, with the S&P 500 holding near its recent record, as investors exercised restraint before Friday’s employment...
ABUJA – Italian oil and gas group Eni said it had thought of leaving Nigeria because of the problem of oil theft there, but the possibility...
FREETOWN – An International Monetary Fund (IMF) mission visited Freetown during March 17-April 1, 2014 for the first review of Sierra Leone’s program supported by the...
NEW YORK – As Gold rose 1 percent today, Brent crude on the other hand fell 1.2 percent to $104.36 a barrel after falling more than...
NEW YORK – A global stock index edged up to a six-year high on Wednesday, supported by encouraging U.S. economic data as traders focused on Thursday’s...
ABUJA – The National president of the Independent Petroleum Association of Nigeria (IPMAN) Alhaji Aminu Abdulkadri on Wednesday stepped down as IPMAN president over leadership crisis...
LAGOS – Nigeria’s naira firmed 0.49 percent on Wednesday to a five-week high against the greenback, after dollar sales by some energy companies lifted the currency,...