With Kayode ADEOYE LAGOS-COAL is defined as a readily combustible rock containing more than 50% by weight of carbon. Its other constituents include hydrogen, oxygen, nitrogen, ash...
By Yemie ADEOYE ABUJA-NIGERIA’s Federal Executive Council presided over by President Muhammadu Buhari on Monday approved the nation’s Medium Term Expenditure Framework in preparation for the presentation...
By Yemie ADEOYE LAGOS-FOREIGN investors in Europe are begin to feel disturbed by the current investment climate in Nigeria, Africa’s largest economy, especially as it concerns...
By Femi ASU LAGOS-NONE of the nation’s four refineries of 445,000 barrels per day combined capacity has come back on stream few days to the end...
By Yemie ADEOYE LAGOS-MONTHS after subjecting their customers across the country to harrowing experiences in their quest for foreign exchange Deposit Money Banks in Nigeria the country...
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...