LAGOS— A Federal High Court of the federal republic of Nigeria earlier today ordered the federal government to pay damages of about N50 million to the...
…increases oil output to 160,000 bpd by year end 2014 ABUJA – In an effort to significantly increase its production output the Nigerian National Petroleum Corporation...
ISTANBUL – Earlier today, Turkey’s telecoms authority lifted a two-week-old ban on Twitter after the constitutional court ruled the block breached freedom of expression, an official...
LONDON – Production at the giant Kashagan oil field in Kazakhstan is unlikely to restart this summer as the companies involved in the consortium running the...
NEW YORK – U.S. stocks were little changed on Thursday, with the S&P 500 holding near its recent record, as investors exercised restraint before Friday’s employment...
ABUJA – Italian oil and gas group Eni said it had thought of leaving Nigeria because of the problem of oil theft there, but the possibility...
FREETOWN – An International Monetary Fund (IMF) mission visited Freetown during March 17-April 1, 2014 for the first review of Sierra Leone’s program supported by the...
NEW YORK – As Gold rose 1 percent today, Brent crude on the other hand fell 1.2 percent to $104.36 a barrel after falling more than...
NEW YORK – A global stock index edged up to a six-year high on Wednesday, supported by encouraging U.S. economic data as traders focused on Thursday’s...
ABUJA – The National president of the Independent Petroleum Association of Nigeria (IPMAN) Alhaji Aminu Abdulkadri on Wednesday stepped down as IPMAN president over leadership crisis...
