LONDON – The United States will stride past Saudi Arabia and Russia to become the world’s top oil producer by 2016, the West’s energy agency said,...
LONDON – OPEC acknowledged it underestimated the significance of the North American energy boom as it tripled estimates for shale oil produced there and predicted a...
TOKYO – Asian shares inched higher on Tuesday after a three-day run of losses, with investors turning their attention to the Chinese Communist Party policy meeting...
ABUJA — A total of 66 power companies are bidding for the purchase of 10 Nigeria National Integrated Power Plants (NIPP), it has been revealed. The...
ABUJA – The Ethiopian Airlines is to begin 10-weekly flights to Kano, Nigeria, within the next few weeks, following an agreement between Nigeria and Ethiopia. Col....
SHANGHAI – China plans to launch a third round of tenders to develop its shale gas blocks soon and some of the blocks on offer would...
LAGOS – The Governor, Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi has listed adequate institutional framework, transparent legislative and regulatory frameworks as preconditions for...
LONDON – Sudan is stepping up its exploration efforts with a plan to auction off five oil blocks in December, according to its petroleum minister. “We...
LAGOS – The trade volume between Nigeria and China has steadily grown to 16.59 billion dollars as at June, a Chinese official said. Mr Daivid Zhao,...
BENIN — The Nigeria Security and Civil Defence Corps, NSCDC, Edo Command, said it destroyed seven illegal refineries in the state, between January and November 2013....
