…to discharge 77,000 metric tonnes of petrol LAGOS – The Major Oil Marketers Association of Nigeria (MOMAN) on Tuesday said that over 77,000 metric tonnes (33,000...
ABUJA – The Management of the Nigerian National Petroleum Corporation, NNPC, has expressed its readiness to reinvigorate and increase the domestic consumption of the liquefied natural...
NEW YORK – U.S. oil prices rose to a five-week high Monday before pulling back, and the global Brent crude contract got a boost from renewed...
By URIRI Leo LONDON – Foreign Secretary William Hague has condemn Nyanya park bomb attack in Abuja which has claimed 88 lives and offers continued UK...
MBABANE – On 10th April 2014, the African Union Commission (AUC), through the Infrastructure and Energy Department, in collaboration with the Ministry of Information, Communications and...
ABUJA – In Nigeria, a dispute over oil finances is so contentious that the public has spent months debating what would appear to be a straightforward...
NEW YORK – Motorola Mobility has named Rick Osterloh as its chief operating officer, reporting to the Motorola Operating Board at Google Inc until its acquisition...
DUBAI – According to OPEC Secretary-General Abdalla El-Badri, Crude prices are stable and the market has enough supply to meet demand, even at the geopolitical unrest in...
WASHINGTON – The G20 has agreed to give Washington until the end of this year to ratify reforms to the International Monetary Fund before asking the lender...
DUBAI – Iranian Oil Minister Bijan Zanganeh said oil production from the Islamic republic could increase even with harsh economic sanctions in place. In late December,...
