LAGOS-PennWell Corporation, owners and producers of Offshore West Africa Conference & Exhibition, have confirmed that Lonadek will be a Strategic Partner for the upcoming 2015 event,...
ABUJA-Keen on ensuring a hitch-free supply and distribution of petroleum products across the country, especially during the end of year festivities, the Minister of Petroleum...
ABUJA-The Federal Government says it loses $10billion (N1.7trillion) annually to fraudulent practices in the award of contracts and project reviews. The Director-General Bureau of Public Procurement,...
Russia’s plan to build a second gas pipeline to China would cement President Vladimir Putin’s policy of tilting energy exports toward Asia. Fulfilling his goal will...
Transocean Ltd, the owner of the world’s largest offshore drilling fleet, said it was likely to retire additional rigs as the company continued to face pressure...
Price forecasts from the Organization of Petroleum Exporting Countries have never been particularly reliable, so it’s easy do dismiss the latest one — a “constant nominal...
By Kunle Kalejaye Nigerian Maritime Administration and Safety Agency Agency, NIMASA said it has remitted over N9.7 billion being operating surplus in 2014 alone to the...
LAGOS-Nigeria can save at least $1 billion from the rising energy bills, if the electricity supply in the country is efficiently managed and utilised, an energy...
LAGOS-Shell has announced that it has been chosen by BMW AG as its only recommended global supplier for aftermarket engine oils for the following BMW brands: BMW,...
LAGOS-India’s ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, is looking to buy a stake in the assets of Africa-focused exploration company...
