LAGOS – The Management of Oando Plc on Friday announced plans to extend its natural gas distribution network from Ijora to the Marina Central Business District...
ABUJA – The management of the Nigerian National Petroleum Corporation, NNPC, yesterday, gave a clearer account of how it spent the $10.8 billion, the remaining part...
NEW YORK – Following the controversy surrounding an environmental remediation chemical supply contract between two Nigerian firms, Enercon Nigeria Limited and Environ-Aid Technologies Limited and a...
ABUJA – The controversy surrounding the allegedly missing $10.8bn meant to be remitted to the Federation Account by the Nigerian National Petroleum Corporation took another turn...
ABUJA – Nigeria’s state-owned oil firm said it can account for all of the $49.8 billion in revenue that it was alleged to have failed to...
LAGOS – Victims of last Tuesday’s inferno in Apapa area of Lagos State where 15 people were burnt to death, have called on the government to...
NEW YORK – Oil futures moved higher Friday, but pared earlier gains, as traders paused following a recent selloff and looked past a weaker-than-expected December jobs...
MOSCOW – Iran and Russia are negotiating an oil-for-goods swap that would let Iran lift oil exports substantially, in defiance of the Western sanctions that helped...
NEW YORK – Brent crude-oil futures ticked higher in London Friday, boosted by strong Chinese demand data, but the trend remains to the downside with both...
ABIDJAN – Ivory Coast Prime Minister Daniel Kablan Duncan said his nation will boost oil production within five years to 200,000 barrels a day, rivaling neighboring...
