By Yemie ADEOYE HOUSTON-Ex-Militant leader, Chief Government Ekpemupolo, alias Tompolo, has denied links with militants who are threatening more attacks on oil installations in the Niger...
Yemie ADEOYE with Agency reports HOUSTON– RUSSIA appears President Vladimir Putin says he sees no obstacles to OPEC reaching an agreement later this month, and Russia is...
By Yemie ADEOYE HOUSTON Tx-THE recent announcement of a huge discovery of oil reserve by Exxonmobil offshore Nigeria may not have come as a surprise to...
By Yemie ADEOYE with Agency reports LAGOS-EXXONMOBIL, worlds largest publicly traded oil company has announced a significant discovery offshore the coast of Nigeria, Exxon Mobil Corp....
ABUJA-THE Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said corruption in the oil and gas industry was overblown. Kachikwu said this in Abuja on...
LAGOS-THE Naira on Thursday appreciated at the forex market barely 24 hours after liquidity challenges forced it to depreciate thrice in six hours. The Nigerian currency...
LAGOS-FACED with a recessive economy, the Central Bank of Nigeria and the fiscal authorities are meeting to restrategise on how to take the economy out of...
LAGOS-IN a sign that major oil producers continue to suffer from low crude prices, Norway’s Statoil (NYSE:STO) reported on Thursday a third-quarter loss, missing by a...
LAGOS-GREECE said on Wednesday that it is naming a consortium led by France’s Total SA and comprised of Italy’s Edison and Greece’s largest refiner, Hellenic Petroleum,...
LAGOS-OIL major BP is set to ship 1 million barrels of U.S. crude to Australia and Thailand by the end of this year in what would...
