Russia’s plan to build a second gas pipeline to China would cement President Vladimir Putin’s policy of tilting energy exports toward Asia. Fulfilling his goal will...
Transocean Ltd, the owner of the world’s largest offshore drilling fleet, said it was likely to retire additional rigs as the company continued to face pressure...
Price forecasts from the Organization of Petroleum Exporting Countries have never been particularly reliable, so it’s easy do dismiss the latest one — a “constant nominal...
By Kunle Kalejaye Nigerian Maritime Administration and Safety Agency Agency, NIMASA said it has remitted over N9.7 billion being operating surplus in 2014 alone to the...
LAGOS-Nigeria can save at least $1 billion from the rising energy bills, if the electricity supply in the country is efficiently managed and utilised, an energy...
LAGOS-Shell has announced that it has been chosen by BMW AG as its only recommended global supplier for aftermarket engine oils for the following BMW brands: BMW,...
LAGOS-India’s ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, is looking to buy a stake in the assets of Africa-focused exploration company...
Rig contractor Transocean Ltd said it expected to incur impairment charges of $2.76 billion in the third quarter and would delay its results for the period,...
LAGOS-Standard Chartered Bank has stated that from the end of October 2014, it will alongside MNI Indicators, publish monthly Business Sentiment Indicators for two leading markets...
By Stephen OROSANYE ABUJA-My attention has been drawn to yet another attempt at character assassination against my person by means of false allegations in a report...
