LONDON — Royal Dutch Shell PLC said Thursday it is selling its downstream business in Italy to Kuwait Petroleum International for an undisclosed sum, citing “commercial...
ABUJA – The name Malam Nuhu Ribadu has become synonymous with the Economic and Financial Crimes Commission (EFCC), given the role he played as pioneer chairman...
LAGOS – Nigerian energy firm Oando said on Tuesday is shareholders had approved plans to raise N250 billion ($1.54 billion) through a combination of rights issues,...
WASHINGTON – Brent crude was little changed on Tuesday, staying above $109 a barrel, as robust demand for heating purposes from North America and a weak...
DUBAI – Turkey’s energy minister has denied reports that a sale has been carried out of Kurdish oil being shipped through a new pipeline as renewed...
LAGOS – Hundreds of inhabitants of Ibadan, the Oyo State capital, were in jubilant mood Monday as the Independent Petroleum Marketers of Nigeria (IPMAN) sold kerosene...
LONDON – Crude-oil futures were becalmed Tuesday, with trading volumes yet to recover from the Presidents Day holiday. Many market makers were also absent at an...
ABUJA – Dr. Obiageli Ezekwesili, former Vice President of the World Bank, former Minister of Solid Minerals and former Minister of Education has faulted the proposed...
JOHANNESBURG — French oil company Total said Tuesday it will spend hundreds of millions of dollars on exploration drilling in South Africa this year. Total has...
…Challenges Anyone with Proof to Tender It By Joseph BAMIDELE ABUJA – The Management of the Nigerian National Petroleum Corporation (NNPC) has dismissed allegations that its...
