A Federal High Court in Abuja on Wednesday granted N500m bail to Akindele Akintoye, founder and chairman of Platform Capital ...

Forex for fuel import transactions fell to $106.48m in April and $150.45m in May but rose to $36.82m in June. The country utilised $107.10m in July and $132.45m in August for petroleum products ...

India’s second-largest crude oil refiner, Nayara Energy, plans to invest US$8 billion (Rs 68,000 crore) to set up a 1.5 million tonnes per annum (MMTPA) ethane cracker at its existing location, ...

CBN has said that it disbursed $1.25 billion to oil sector operators for the importation of petroleum products and related ...

At one end of the road, crews built a 40-foot-high conveyor belt that whisks the coal over swampland to a new jetty on the Mahakam River. From there, the coal is funneled onto barges and floated ...

Cross-border carbon capture arrangements are gaining traction across Asia Pacific as there are many high-emitting nations in the region, which have ...

Kazakhstan Caspian Offshore Industries (KCOI) has contracted Wärtsilä to supply equipment for a 120 MW power plant, currently ...

French Navy’s nuclear-powered FNS Charles de Gaulle made a stopover at Goa’s Mormugao port trust jetty on Jan 04. French carrier strike group is making its stopover in India as part of its Mission ...

Shell begins production at Whale floating facility in Gulf of Mexico, expected to reach peak output of 100K boe/day.

Shell Plc began production at its ‘Whale’ floating facility in the Gulf of Mexico, which is expected to reach daily peak ...