Oil price slump yet to hit US Shale oil production
The vast majority of shale oil in the United States is produced at costs far below the current price of crude,…
Schlumberger: Higher Oil Demand In 2015 to prompt Oil,…
Schlumberger the world’s largest oilfield services company, said oil and gas spending would increase in 2015 as…
Kenya, Uganda, Rwanda set to pick consultant for oil…
Kenya, Uganda and Rwanda are in the final stages of deciding on a consultant to oversee building a pipeline to pump…
Maritime security: NIMASA rolls out strategies to combat…
In a bid to further secure the nation’s maritime domain and stem the tide of piracy, armed robbery, illegal…
Oil output squeezed by LNG plant closure
The lengthy shutdown of a liquefied natural gas (LNG) plant is helping push Angola’s crude oil exports to their…
Fashola to deliver lecture on insurance, pensions
The National Association of Insurance Correspondents (NAICO) in conjunction with the Lagos State Government is…
Coscharis Motors partners Citibank with Hole-In-One…
Coscharis Motors recently participated in the Citibank Nigeria 30th Anniversary celebration by sponsoring one of…
Rosneft: Projects economically viable even if oil price…
Russia’s Rosneft, the world’s biggest listed oil producer by output, said the fall in oil prices was not critical…
Brewery giant, NB flags 2014 safety campaign
Deeply concerned about the safety of millions of road users, the Nigerian Breweries (NB) plc last weekend in Lagos…
WHO’s emergency committee on Ebola to meet…
The World Health Organization's emergency committee on Ebola will meet on Wednesday to review the scope of the…
Oscar Pistorius jailed for five years
South African Olympic athlete Oscar Pistorius has been sentenced to a maximum of five years in jail for the…
China donates $6 million to WFP for Ebola response
China has contributed six million U.S. dollars to the UN World Food Programme (WFP) to support the agency's…