Cost of doing business at port to drop as NSC introduces…
The cost of doing business at Nigeria’s seaports will soon witness a sharp drop as the Nigerian Shippers' Council…
IEA: China, India taking advantage of cheap oil to fill…
The International Energy Agency (IEA) in its current monthly report said China and India are set to fill up their…
Elections likely to delay oil sector reforms
The forth-coming federal and state elections in Nigeria will add another layer of risk and uncertainty to the many…
Shell CEO’s earned $25.7 million in 2014, may revive…
Ben van Beurden, Royal Dutch Shell Chief Executive, earned a total of about $26 million for 2014, making him one of…
Traders competing to buy spare Nigerian LNG cargoes for…
LNG traders are now competing to buy spare Nigerian cargoes to supply Egypt as the country gears up to become a…
OPEC oil production declined by 1 percent in 2014
OPEC’s oil production averaged 29.98 mb/d in 2014, which is 0.02 mb/d less than the production level of 30 mb/d as…
State govts and fiscal irresponsibility
In recent times, especially in this season of politics and electioneering campaign, government activities across a…
Port concessionaires acquire 1,204 cargo handling…
Private terminal operators in charge of cargo handling at the port have acquired about 1,204 different modern cargo…
Saudi Aramco nears $10 billion loan deal
Saudi Aramco, the kingdom’s state oil giant, is close to completing a $10 billion tightly-priced loan, part of…
Al-Fuzaia expects OPEC to continue policy beyond June
Nawal Al-Fuzaia, Kuwait’s OPEC governor, in the first public comment on what would be a crucial decision to…
iWOW’s Global Possibilities Summit seeks leadership,…
In line with its vision to in- spire, enlighten, encourage, empower and connect women to their best selves and one…