…says it is biggest tax payer in Nigeria ABUJA – Nigerian Liquefied Natural Gas (NLNG) has declared 2013 tax profile of N220 billion, claiming that it...
HONG KONG — Beijing-based PetroChina Co.’s 2013 net profit rose 12% from a year earlier, due to reduced refining losses and growth in overseas oil and gas...
ABUJA – Chevron Nigeria Limited, operator of the NNPC/Chevron Joint Venture, has announced that Chevron Corporation will commit additional $1.7 million in its funding support for...
NEW YORK – On Thursday, Brent crude rose above $106 a barrel after the US Federal Reserve indicated interest rates could rise next year, showing strength...
LONDON – The dollar upbeat on rate on Thursday and stocks and bonds fell across the globe as investors positioned for U.S. interest rates to rise...
ABUJA – According to the director at the Department of Petroleum Resources (DPR) George Osahon, the Nigeria’s oil reserves have dropped from 40 billion to 35...
BEIJING – Chinese oil giant, CNOOC uncovered 55-metre gas reservoir with Lingshui 17-2-1 probe in South China Sea China National Offshore Oil Corporation has made what...
NEW YORK – A handy countdown clock on the Microsoft Corp. site is ticking through the minutes until April 8, when the venerable and very outdated...
ABUJA – The Nigerian oil and gas industry looks set for a major shift as Shell Petroleum Development Company (SPDC) plans to take the Final Investment...
SAN FRANCISCO – Sony Corp unveiled a prototype for a new virtual reality headset accessory for its Playstation 4 games console on Tuesday at the annual...
