HOUSTON– Exxon Mobil Corp has seen some of its oil and gas activities in West Africa disrupted by the Ebola outbreak, including plans to drill offshore...
Royal Dutch Shell plc announced Wednesday the commencement of first oil from the Gumusut-Kakap floating platform, located in water depths up to 3,900 feet (1,200 meters)...
Fitch Ratings says in a new special report that Nigerian banks are performing well despite the twin hurdles of tight monetary policy actions and new banking...
By Kunle Kalejaye Distribution Companies, DISCOs in Nigeria’s power may begin to take stringent measures against electricity customer who default bill payment due to the...
By Kunle Kalejaye Investors in Nigeria power sector are poised to secure $7.5 billion from offshore banks to finance the sector in the next five years...
The Management of the Nigerian National Petroleum Corporation (NNPC), has raised the alarm over the circulation of fake letters of authorization purportedly from the NNPC to...
LAGOS-The Independent Petroleum Marketers Association of Nigeria (IPMAN) acquired more than 1,000 hectares in Kogi and Bayelsa for the proposed three billion Dollars (N495 billion) refineries, Chinedu...
Johannesburg Stock Exchange (JSE) has launched new range of African currency futures which track the exchange rate between the Rand and the Nigerian Naira, Zambian Kwacha, and...
The upstream sub-sector of the Nigerian oil and gas industry has received a major boost as the long-awaited $3.5 billion floating, production, storage and offloading (FPSO)...
PORTHARCOURT-President Goodluck Jonathan has commissioned the 4th phase of the Onne Oil and Gas Free Trade Zone (OGFTZ), near Port Harcourt, Rivers State, which has attracted...
