By Cyril Widdershoven The world’s largest oil company Saudi Aramco seems to have surprised the global energy markets the last couple of days. New announcements of multi-billion dollar investments in gas related operations, indicating a new move to make Saudi Arabia a major gas exporter, have been made public by the company’s CEO Amin Nasser….
Jumoke Adelabu – Benin City The Edo State governor, Mr Godwin Obaseki, on Tuesday, asked the Managing Director of the Benin Electricity Distribution Company, Mrs Funke Osibodu, to leave his office for “failing to meet obligations to electricity consumers in Edo and throwing the state into darkness for weeks.” The mild drama was said to…
Oil firms on Tuesday top the losers’ table at the the Nigerian Stock Exchange (NSE), the News Agency of Nigeria (NAN) reports. The oil firms are Seplat, Mobil oil and Forte Oil. Seplat led the laggards’ table with a loss of N62.70 to close at N590 per share while Mobil Oil trailed with a loss…
THE Minister of State for Petroleum Resources, Dr Emmanuel Kachikwu and Saudi Arabian Energy Minister, Khalid al-Falih have concluded plans to meet over instability in the international market as oil price drops to $60 per barrel. Investigation by Vanguard revealed that the crucial engagement will take place in Abuja, Nigeria, on November 28, 2018. A…
