As the new foreign exchange policy regime dawned yesterday, analysts are confidence that the implementation will boost foreign investors’ appetite to invest more funds...
The Eko Electricity Distribution Company has disclosed that it is planning to install bulk prepaid meters in all military and other security agencies’ barracks...
The incoming Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, has advised the Federal Government to adopt the strategy of...
Two major investors in African power projects announced Wednesday a joint venture that they said would help boost electricity output across the continent.
Harith General...
Oil prices extended their losses on Wednesday, falling nearly 3 percent, after a smaller-than-expected U.S. inventory draw-down and jitters ahead of a vote on...
…First since 1998
OPEC’s 2015 oil export revenues slumped 46 percent to a 10-year low, the group said in a report published, underlining the impact...
*The Organization of the Petroleum Exporting Countries, OPEC, headquarters Vienna, Austria. REUTERS/Heinz-Peter Bader
The price of OPEC basket of thirteen crudes stood at $46.02 a...
The objective of this new office in Johannesburg is to be geographically closer to key African markets, especially South Africa and Mozambique
JOHANNESBURG, South Africa,...
U.S. private equity fund KKR and Mexico's PEMEX are wrapping up details on a $1.2 billion sale and leaseback agreement, according to sources familiar...
Canada's energy regulator on Thursday officially launched its 21-month review of TransCanada Corp's Energy East pipeline, which would carry crude from Alberta's oil sands...
Red Emperor Resources has provided the following update with respect to Service Contract 55 (SC 55), offshore Palawan Basin in the Philippines.
Asian Buyers...
Oando Foundation (OF) in partnership with the United States Agency for International Development (USAID) Emergency Crisis Response (ECR) has commenced an initiative to transition...
To further strengthen its commitment towards safety, Ikeja Electric has warned customers and the entire residents of all the areas under its network to...
