ABUJA-The appointments of four management staff of the Petroleum Technology Development Fund were terminated on Friday by the F ederal Ministry of Petroleum Resources. A brief...
LAGOS-For the first time in almost four years, U.S. drivers are paying less than $3 a gallon at the pump. Retail gasoline prices will average...
LAGOS– IN furtherance of Nigerian content development, the Petroleum Technology Association of Nigeria (PETAN) signed a Memorandum of Understanding with Nigeria Agip Exploration (NAE) to foster collaboration, develop...
LAGOS-Royal Dutch Shell announced Thursday that it has appointed a new chairman as it reported third-quarter results that were ahead of expectations. Shell has appointed Chad...
LAGOS– The new head of French energy major Total challenged Europe to fight Washington over the U.S. oil export ban, in his first public appearance since his...
The reasons oil prices started sliding in June were hiding in plain sight: growth in U.S. production, sputtering demand from Europe and China, Mideast violence...
Ukraine and Russia reached an interim natural-gas supply deal in talks brokered by the European Union to secure flows before the heating season, a Russian...
NATO jets in th e Baltic countries intercepted two Russian military aircraft today as the alliance said Russian air activity has surged on its borders. F-16...
The Africa Finance Corporation, AFC, has secured a $100 million, about N16 billion, long term loan facility from the United States of America’s (USA) development finance...
LAGOS-Oando Plc has declared a dividend of N2.4 billion for its shareholders for the financial year ended December 31, 2014. Announcing this to the shareholders at...