By Yemie ADEOYE with Agency reports LAGOS-THE Nigerian Government has issued a statement affirming that Royal Dutch Shell will resume exports from the Forcados terminal in...
LAGOS-AMERICAN crude oil supplies surged upwards by 4.8 million barrels this week, almost completely offsetting last week’s 5.2-million-barrel draw, according to the American Petroleum Institute (API)...
LAGOS-FRENCH oil major Total SA , mining and trading giant Glencore, and crude oil trader Gunvor have bid to buy 75 percent of Chevron’s South African...
LAGOS-OILFIELD services group Baker Hughes reported on Tuesday a lower-than-expected adjusted net loss for the third quarter, but said that its North American business will only...
ABUJA-THE Economic and Financial Crimes Commission has arrested two Enugu State commissioners in connection with an investigation into the $115m (N23bn) allegedly disbursed by a former...
ABUJA-A university don has called on the Central Bank of Nigeria to insert security chips on the nation’s currency notes for easy tracking of every naira...
ABUJA-THE President of the Senate, Dr Bukola Saraki said on Thursday that the $13.9bn allegedly repatriated by MTN Nigeria was enough to pull the country out...
L-R: Managing Director, Shell Nigeria Exploration and Production Company, Mr. Bayo Ojulari; Shell’s Government Integration Manager, Mr. Abubakar Ahmed; and the Minister of Budget and National...
LAGOS-A Nigerian oil firm, Petrolex Group, on Thursday said it had entered into a consortium with Wema Bank and the government of Ogun to build the...
ABUJA-THE Senate on Thursday warned of imminent plane crashes in the country if the aviation industry was not fixed immediately. The alert followed a motion tagged...
