Enel’s long-term gas supply deals with Algeria start expiring- CEO

Italian utility Enel’s long-term gas supply import deals with Algeria have started expiring this year and…

Australia’s FAR expects 1.1 billion barrels of oil from Gambian blocks

Australian oil and gas explorer FAR Ltd said on Tuesday that an independent study of two…

Nigeria loses N1 trillion to cargo diversion yearly, says Nicol

  The Shippers’ Association Lagos State (SALS) says Nigeria loses N1 trillion annually through cargo diversion to ports…

Senate postpones debate on 2018 Appropriation Bill

The Senate on Tuesday rescheduled its planned debate on the 2018 Appropriation Bill submitted by President Muhammadu Buhari.…

South African Airways remains under-capitalised despite bailout

Despite a government injection of 10 billion rand ($709 million), the struggling South African Airways (SAA)…

Nigerian Navy promotes 78 senior officers

The Navy Board has approved the promotions of 78 senior officers’ 18 commodores were promoted to…

Aviation unions grounds Dana Air over anti-labour practices

Dana Air Limited Aviation operation was on Tuesday grounded by aviation unions over alleged anti- labour practices. The grounding…

Reps begin debate on 2018 budget next week

The Deputy Speaker of the House of Representatives, Yussuf Lasun has said that members would commence debate…

US arrests two Chinese oil company reps in Africa bribery scheme

US authorities have arrested Hong Kong’s former home affairs secretary and the ex-foreign minister of Senegal…

South Africa eyes BRICS partners to build new $10 billion refinery

South Africa wants the national oil companies of its BRICS partners to help build a new…

EgyptAir to swing to a profit this year- Chairman

EgyptAir will swing to a profit this year, buoyed by an increase in passengers and cost…

Reps summon Agip, others over breach of contract

  For an alleged breach of contract with an indigenous remediation company, the House of Representatives…