Minister of Power, Works and Housing, Babatunde Fashola, says power generation will increase this year by 2,000 Mega watts. This is contained in a statement by...
Gbenga KOSOKO LAGOS-Exxon Mobil Corporation announced estimated 2015 earnings of $16.2 billion compared with $32.5 billion a year earlier. Higher Downstream and Chemical earnings were offset by sharply...
By Gbenga KOSOKO LAGOS-OILFIELD services provider Baker Hughes, which is being acquired by larger competitor Halliburton, said Thursday it expects the number of rigs working globally...
Gbenga KOSOKO with Agency Reports LAGOS-FOLLOWING the lead of Royal Dutch Shell shareholders one day earlier, BG Group shareholders on Thursday overwhelmingly approved Shell’s $52 billion...
By Gbenga KOSOKO LAGOS-THE National Economic Council (NEC) rose from its 65th meeting on Thursday in Abuja, with an approval to engage two audit firms to...
Gbenga KOSOKO with Agency report LAGOS-OBAT Oil and Petroleum Limited has said the allegation of N1.2 billion oil proceed diversion against it by Petrocam Trading Nigeria...
…Reiterates its Commitment to Nigerian Content By Yemie ADEOYE LAGOS-Chevron Nigeria Limited (CNL), operator of the joint venture (JV) between the Nigerian National Petroleum Corporation (NNPC)...
LAGOS-To enhance subscribers’ experience on its network, the next generation network, Globacom, has partnered with 15 banks to launch a unified short code for customers to...
By Yemie ADEOYE LAGOS-Oil and Gas companies in Nigeria have been urged to increased the transparency level of their business operations as part of strategies to...
Joseph BAMIDELE CHICAGO IL,-OPEC’s market-share war is inflicting more pain than the world’s top tier of oil producers have felt in at least 13 years. Chevron...
