NEW YORK – Shell’s chief executive Peter Voser has announced he will retire next year as the Anglo-Dutch supermajor posted a rise in first quarter earnings....
ABUJA – The Federal Government has said it is no longer possible for it to attain 10,000 megawatts electricity generating capacity this year. The government had...
PORT HARCOURT – The Power Holding Company of Nigeria, PHCN, in Port Harcourt, Rivers State, Thursday, decried the high rate of meter by-passing by consumers in...
ABUJA – The Federal Government plans to build more dams to boost electricity supply, a statement by the government said in Abuja on Thursday. The statement,...
LAGOS – United Kingdom-listed Heritage Oil has said it plans to “expand” its portfolio in Nigeria after last year’s acquisition of stake in a string of...
DAR ES SALAAM– UK’s BG Group says the Mzia-2 well on Block 1, off the coast of Tanzania, flowed oil as it completed a successful drill...
PORT HARCOURT– The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has called on the Federal Government to ensure that the structure and mode...
ABUJA: Biztellers, Wednesday, reports that the Federal Government has approved N348 billion as severance package to disengaged staff of the Power Holding Company of Nigeria (PHCN)....
LAGOS – A former Chief Economic Adviser and Petroleum Minister, Mr. Philip Asiodu, has called on the Federal Government to immediately commence the re-negotiation of fiscal...
NEW YORK: As tech industry watchers debate whether or not Apple remains a genuinely innovative company, out comes news that the Cupertino firm, in characteristic fashion,...