By Yemie ADEOYE LAGOS-THE Board of Directors of Oando Plc has received approval from shareholders for a N80bn Rights Issue. The shareholders also approved the partial...
BRAZIL– FEDERAL police in Brazil have said this week they dismantled a fraudulent $266 million fuel cartel fraud in the domestic fuel distribution and resale business, via...
By Yemie ADEOYE HOUSTON TX-TEXAS remains the world’s most attractive region for oil and gas investment, according to the annual global survey of petroleum industry executives...
By Yemie ADEOYE HOUSTON TX-GUGGENHEIM analysts led by Michael LaMotte upgraded the entire oilfield services sector from “Neutral” to “Buy” based on their belief oil prices...
By Yemie ADEOYE HOUSTON TX-LOAN defaults in the energy sector continue to increase, with the latest company to file, Miller Energy Resources, the fifth energy loan...
…to privatize 5000 km oil pipelines network ….as state-owned refineries become autonomus by 2018 By Yemie ADEOYE ABUJA-THE Federal Government has expressed its readiness to raise...
By Sunday ADELAJA KIEV-DEVELOPMENT and civilization is the quest of every nation under the sun. This quest has apparently created a dichotomy in our world. Today...
…insist Lamido Sanusi was sacked to pave way for fraud By Joseph BAMIDELE FOLLOWING the monumental scandal currently making headlines in the country involving the immediate...
By Yemie ADEOYE LAGOS-THE demand for OPEC crude is expected to rise by 1.2 million barrels per day to average 30.8 million barrels per day for...
LAGOS-THE diplomatic row brewing between Nigeria and the republic of South Africa over the $5.2 billion fine imposed on South Africa’s telecommunications giant, MTN, seems to be simmering down...