ABUJA – Nigerian energy firm Oando is offering 30.75 billion naira ($193 mln) in shares on Wednesday to help fund the purchase of ConocoPhillips’ Nigerian assets,...
ABUJA – After weeks of bickering and disagreements, the Conference Committee of the National Assembly yesterday agreed on $77.5 as the benchmark crude price for the...
ABUJA -Workers in the oil and gas industry in the country on Tuesday threatened to commence a nationwide strike beginning from January if the Federal Government...
ABUJA – Attempt by the Federal Government to douse the tension generated by the claim by the Central Bank Governor, Sanusi Lamido Sanusi, that the sum...
WASHINGTON – The U.S. Interior Department will not be held in contempt over its actions in the aftermath of the 2010 Gulf of Mexico oil spill...
RIO DE JANEIRO — Brazil will get more than $400 billion in royalties and crude oil over the next 35 years from its share of the...
NEW YORK – U.S. oil futures edged slightly higher Tuesday as traders were cautious ahead of the start of a two-day Federal Reserve policy meeting, which...
NEW YORK – As a historic oil and gas boom transforms the U.S. energy sector, Wall Street is losing the battle to remain the partner of...
ABUJA -CBN Governor, Lamido Sanusi and GMD, NNPC, Andrew Yakubu The Nigerian National Petroleum Corporation, the Central Bank of Nigeria and the Federal Ministry of Finance...
YENAGOA – The Nigerian Navy has confirmed the arrest of 27 suspects, consisting of 24 Nigerians and three Ghanaians over alleged theft of over 1.1million litres...