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...
LAGOS-SHELL Nigeria Exploration and Production Company Ltd (SNEPCo) has announced plans to drill eight more wells in the Bonga field to help maximise deep-water production off...
By Kunle Kalejaye Nigeria Maritime Administration and Safety Agency, NIMASA has assured the Nigerian Army of its continuous support and corporation in securing the country’s territorial...