NEW YORK – U.S. stock futures extended the previous session’s declines, as investors weighed the potential for the Federal Reserve to raise interest rates earlier than...
…says it is biggest tax payer in Nigeria ABUJA – Nigerian Liquefied Natural Gas (NLNG) has declared 2013 tax profile of N220 billion, claiming that it...
HONG KONG — Beijing-based PetroChina Co.’s 2013 net profit rose 12% from a year earlier, due to reduced refining losses and growth in overseas oil and gas...
ABUJA – Chevron Nigeria Limited, operator of the NNPC/Chevron Joint Venture, has announced that Chevron Corporation will commit additional $1.7 million in its funding support for...
NEW YORK – On Thursday, Brent crude rose above $106 a barrel after the US Federal Reserve indicated interest rates could rise next year, showing strength...
LONDON – The dollar upbeat on rate on Thursday and stocks and bonds fell across the globe as investors positioned for U.S. interest rates to rise...
ABUJA – According to the director at the Department of Petroleum Resources (DPR) George Osahon, the Nigeria’s oil reserves have dropped from 40 billion to 35...
BEIJING – Chinese oil giant, CNOOC uncovered 55-metre gas reservoir with Lingshui 17-2-1 probe in South China Sea China National Offshore Oil Corporation has made what...
NEW YORK – A handy countdown clock on the Microsoft Corp. site is ticking through the minutes until April 8, when the venerable and very outdated...
ABUJA – The Nigerian oil and gas industry looks set for a major shift as Shell Petroleum Development Company (SPDC) plans to take the Final Investment...
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