SCOTLAND-Aberdeen-based well management firm Zenith Energy reported Wednesday that it has signed agreements with Tullow Oil and Total E&P. Zenith said it has agreed a three-year...
ABUJA-The Federal Government of Nigeria’s (FGN) domestic debt at the end of June this year now stands at N7.42 trillion or $46.1 billion, equivalent to 9.2...
Schlumberger Ltd, the world’s No.1 oilfield services provider, became the first major U.S. company to say that its quarterly earnings would be hurt by U.S. and...
LONDON-Royal Dutch Shell will cut around 250 jobs at its onshore North Sea oil operations in Aberdeen, Scotland as part of a business restructuring, a spokesman...
The Economic and Financial Crimes Commission (EFCC) has arrested two Union Bank of Nigeria managers for allegedly stealing the sum of N661million from the bank. The...
ABUJA-As part of measures to check the spread of Ebola virus, the Federal Executive Council(FEC) has directed the Federal Government to make whole body scanners available at designated...
The new Minister of Aviation, Chief Osita Chidoka Tuesday assured Nigerians that the country’s airports will not be transit points for the transmission of the Ebola...
U.S.-headquartered independent oil firm Hess Corp. has taken the decision to suspend its operations in Iraqi Kurdistan as a precautionary measure amid the worsening security in...
Exxon Mobil Corp. and its Russian partner Rosneft OAO reported at the weekend that they have begun exploration drilling in the Kara Sea in the Russian...
An oil company owned by Israeli billionaire Dan Gertler said has said it had discovered around 3 billion barrels of oil in the Democratic Republic of Congo, an...
