US production volumes of petroleum and natural gas remained tops in the world in 2014, exceeding that of both Russia and Saudi Arabia, according to estimates...
Royal Dutch Shell agreed to buy smaller rival BG Group for 47 billion pounds ($70 billion) in the first major energy industry merger in more than...
LAGOS-A litre of petrol is still being sold for N100 in Ilorin and towns in Kwara State. Our correspondent, who monitored the situation in Ilorin on...
The Country Manager, Cassava: Adding Value for Africa Project II, Prof. Lateef Sanni, has said that the rising global price of wheat is a huge incentive...
ABUJA-The Central Bank of Nigeria on Thursday expressed deep concerns about the growing amount of Non-Performing Loans in the books of Deposit Money Banks and said...
The management of Dangote Cement Plc has said that its planned consolidation of the African expansion drive remains on course with the commencement of production of...
By Kunle Kalejaye Trade Union Congress, Rivers State chapter has urged President Goodluck Jonathan and the outgoing National Assembly to expedite action to pass the Petroleum...
Block EG-06 is located offshore Bioko Island, adjacent to the international border with Nigeria MALABO, Equatorial Guinea — The Ministry of Mines, Industry and Energy of...
LAGOS-Maritime industry stakeholders are excited over the triumph of General Muhammadu Buhari in the March 28, 2015 presidential polls. In the election result announced yesterday...
ABUJA-The stress of dwindling oil revenue is mounting on the Nigerian economy as external reserve drops below USD30 billion last week, indicating less than four...
