Business

New York  - German car manufacturing giant Volkswagen has announced it will boost its SUV offensive in the United States to the…

By Cecilia Caminos, dpa Buenos Aires (dpa) – The threat of trade wars loomed large over a meeting of the G20 group of major…

The Minister of State for Petroleum, Dr. Ibe Kachikwu together with the Group Managing Director, Nigerian National Petroleum…

Frankfurt  - Germany's busiest airport, Frankfurt, will see a rise in passenger numbers and profits in 2018, its operator Fraport…

Stuttgart  - German carmaker Porsche plans to find fresh revenue streams outside its lucrative core business, Chief Financial…

The world’s largest jet engine took its maiden flight over the Mojave Desert on Tuesday. The engine is a showstopper. At 134…

Royal Dutch Shell plc (Shell), reached an agreement today to sell its shares in Shell entities in New Zealand, to OMV for USD…

World’s largest oil and gas conference and exhibition marks a milestone in technical achievements and innovations Houston, Texas,…

Frankfurt - German airline Lufthansa has achieved its best results ever following the bankruptcy of smaller rival Air Berlin last…

Berlin (dpa) - Looming bottlenecks in sand supplies could cause a rise in construction costs in Germany, according to information…

Sao Paulo/Munich  - German electro-technology giant, Siemens announced plans on Wednesday to invest some 1 billion euros (1.2…

Bern - Climate change is endangering the future of mountain hares in the Alps, and their decline will impact other animals,…

By Klaus Blume, dpa Berlin (dpa) - Angela Merkel and her new cabinet have been sworn in to office before Germany's lower house…

Nigerian crude oil has again proved its enormous prospects as the beautiful bride of the global oil market with Indonesia…

The price of Organisation of Petroleum Exporting Countries, OPEC basket of 14 crudes stood at $61.85 a barrel on Thursday,…

9th March 2018 - Argentine President Mauricio Macri and Tourism Minister Gustavo Santos signed a decree officially launching…

The President, Nigerian Gas Association,(NGA) and Chief Executive Officer, Frontier Oil Ltd, Engr. Dada Thomas on the sideline of…

Paris - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1…

Frankfurt  - On International Women's Day, female passengers on flight LH 174 from Frankfurt Airport received more than just red…

The Global Forum on Overcapacity Steel G20 concluded the first meeting of the year in Paris, France. The objective of the Global…

Shell Petroleum Development Company, SPDC has made concerted effort to ensure environmental sustainability through risk and impact…

The Nigerian Content Development and Monitoring Board (NCDMB) has begun the construction of the Nigerian Oil and Gas Park at…

Oil Marketers under the aegis of Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Major Oil Marketers…

Frankfurt (dpa) - German carmaker BMW's shares fell by 1.17 per cent on Monday after US President Donald Trump threatened to…

Karlsruhe, Germany  - German public prosecutors have pressed kidnapping charges against a 47-year-old Vietnamese man for the…

Berlin  - Offering a combination of solar and wind energies in an energy market across Europe would minimize the risk of power…

Karlsruhe, Germany  - A release of chlorine gas left 40 people injured at a clinic swimming pool in Germany's south-western state…

In line with the policy of this administration on incremental power, the Transmission Company of Nigeria (TCN) hereby state that…

Paris - Total has acquired Marathon Oil Libya Limited which holds a 16,33% stake in the Waha Concessions in Libya. This…

Hanover, Germany (dpa) - Workers at three power plants in north-western Germany are staging a day-long walkout to apply pressure…