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Schneider Electric Accelerates its Sustainability Strategy
…Comes Top in Corporate Knights Ranking of World’s Most Sustainable Corporations
Schneider Electric, the leader in the digital transformation of energy management and automation, on Monday, doubled down on its long-standing!-->!-->!-->…
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Nigeria seeks bank documents to overturn $9.6bn P&ID case
Nigeria is seeking documents from 10 banks, including Citigroup Inc. and JPMorgan Chase & Co., in a bid to overturn a $9.6 billion arbitration award related to a business deal that the country contends is shrouded in allegations of!-->…
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JUST IN: Another Deadly Virus Detected In China
*The virus has already killed a man from Yunnan Province. Hantavirus is spread mainly by rodents
While the world is still battling with Coronavirus, another deadly virus, Orthohantavirus popularly referred to as Hantavirus, has!-->!-->!-->!-->!-->…
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OPEC+ Succumbs to Saudi Pressure to Redistribute Oil Cuts
-By Gideon Osaka
The Organisation of Petroleum Exporting Countries, OPEC+ is expected to adjust its output target and redistribute production cuts between its members as a result of pressure from Saudi Arabia, which has long carried an!-->!-->!-->…
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Oando saga: Why SEC sent Tinubu packing
After over a year of forensic audit, the Securities and Exchange Commission (SEC) has concluded investigation of Oando Plc and barred the Group Chief Executive Officer, Mr Wale Tinubu , from being a director of a public company for five!-->…
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NNPC Looks To India For Help In Repair Of Refineries
The Nigerian National Petroleum Corporation (NNPC) yesterday indicated it would be willing to accept technical assistance from India to repair its refineries in Kaduna, Warri, and Port Harcourt, which have a collective processing capacity!-->…
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FG earned N1.662trn from oil block license renewals, royalties in 1yr
Minister of State for Petroleum Resources Ibe Kachikwu says the Federal Government, through automation initiatives by the Department of Petroleum Resources (DPR), has realized over N1.66 trillion from royalties and renewal of oil!-->!-->!-->!-->!-->…
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Nigeria eyes 1.83m daily crude oil peoduction
Nigeria has set January 31, 2019 target to scale up oil production to 1.83 million barrels per day.Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, who stated this in a document sighted by New Telegraph at the weekend, premised!-->…
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Nigeria’s Gbetiokun Oil Field set to deliver 15,000 bpd
Eland oil and gas Plc, is hopeful that the Gbetiokun is expected to yield 15,000 barrels of oil per day, bopd from its early production system.
The company’s chief executive, George Maxwell said, the Gbetiokun field has the potential to!-->!-->!-->…
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OPEC’s role in oil market stabilisation
...Being a lecture delivered in Angola by OPEC Secretary-General, Dr. Mohammed Sanusi Barkindo
It is both a pleasure and privilege to be in the great nation of Angola this morning. Angolan hospitality is world-renowned, and my team and!-->!-->!-->…
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