Addax Petroleum Gabon negotiates severance package
By Gbenga Adedayo Feared that the company may be sold, Addax Petroleum Gabon employees under…
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Nigeria Uninterruptible Power Supply to reach 4.7 per cent in 2024
Nigeria Vision 20:2020 is set to be a major development plan for the country to…
Schlumberger tops earnings estimates, but expects oil sector to see supply challenges this year
French oil giant Schlumberger Ltd. SLB, -1.37% said Friday it had net income of $525…
Supply Cuts,Strong Demand, Draws Oil Price Closer to Late-2014 Highs
Oil prices held firm on Friday near three-year highs reached earlier this week as ongoing…
Ikeja Electric attributes zero fatality in Q1 to effective safety policy
Electric (IE), Nigeria’s largest electricity distribution company, has attributed the zero fatality record attained by…
Oil price nears four-year high of $75
International oil benchmark, Brent crude, climbed towards a four-year high of $75 per barrel on…
S/Arabia Seeks Oil Prices To Hit $100 A Barrel
Top oil exporter Saudi Arabia is expecting to see crude oil prices rise to $80…
Shell to sack 3,000 workers
Gbenga Adedayo Shell Petroleum Development Company (SPDC) has concluded plans to lay off 3,000 of…
Nigerian Govt, Agip Partner On National Oil Contingency Plan
Nigeria Agip Oil Company (NAOC) and the federal government have concluded preparations to activate a…
Ghana: Gas Supply – Ghana Owes Nigeria U.S.$160 Million
Ghana owes a total of $160m for gas supplied to its largest power producer, Volta…