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‘We are promoting consensus and dialogue in the G20’ – Mauricio Macri, President…
President of Argentina, Mauricio Macri, participated in the closing of the First meeting of finance ministers and presidents of…
Finance Ministers, Central Bank Presidents Meets at G20 Summit, Argentina
Buenos Aires - The first meeting of finance ministers and presidents of central banks of the G20 took place in Argentina from…
Volkswagen to invest 340 million dollars in US plant
New York - German car manufacturing giant Volkswagen has announced it will boost its SUV offensive in the United States to the…
Germany, Argentina, Brazil criticize US protectionism at G20 summit
By Cecilia Caminos, dpa
Buenos Aires (dpa) – The threat of trade wars loomed large over a meeting of the G20 group of major…
Kachukwu, Baru to lead discussions at Sub-Sahara Oil and Gas Summit 2018
The Minister of State for Petroleum, Dr. Ibe Kachikwu together with the Group Managing Director, Nigerian National Petroleum…
Frankfurt airport forecasts soaring passenger numbers, profits
Frankfurt - Germany's busiest airport, Frankfurt, will see a rise in passenger numbers and profits in 2018, its operator Fraport…
German carmaker, Porsche eyes new revenue streams despite record year
Stuttgart - German carmaker Porsche plans to find fresh revenue streams outside its lucrative core business, Chief Financial…
GE Launches The World’s Largest Passenger Jet, GE9X
The world’s largest jet engine took its maiden flight over the Mojave Desert on Tuesday. The engine is a showstopper. At 134…
Shell announces sale of New Zealand interests to OMV for USD 578mln
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, OTC celebrates its 50th Edition
World’s largest oil and gas conference and exhibition marks a milestone
in technical achievements and innovations
Houston, Texas,…
Lufthansa achieves record results after Air Berlin bankruptcy
Frankfurt - German airline Lufthansa has achieved its best results ever following the bankruptcy of smaller rival Air Berlin last…
Study: Sand shortage means construction costs could spiral in Germany
Berlin (dpa) - Looming bottlenecks in sand supplies could cause a rise in construction costs in Germany, according to information…
Siemens plans 1 billion euros’ investment in Brazil
Sao Paulo/Munich - German electro-technology giant, Siemens announced plans on Wednesday to invest some 1 billion euros (1.2…
Mountain hares in the Alps threatened by climate change, study says
Bern - Climate change is endangering the future of mountain hares in the Alps, and their decline will impact other animals,…
Merkel, German cabinet sworn in after months of political deadlock
By Klaus Blume, dpa
Berlin (dpa) - Angela Merkel and her new cabinet have been sworn in to office before Germany's lower house…
Indonesia Eyes More Nigerian Crude Oil
Nigerian crude oil has again proved its enormous prospects as the beautiful bride of the global oil market with Indonesia…
OPEC daily basket price drops to $61.85 per barrel
The price of Organisation of Petroleum Exporting Countries, OPEC basket of 14 crudes stood at $61.85 a barrel on Thursday,…
Argentina launches new branded logo representing integration, progress and potential
9th March 2018 - Argentine President Mauricio Macri and Tourism Minister Gustavo Santos signed a decree officially launching…
‘Gas should not be seen as a source of immediate tax revenue but rather an enabler of the entire…
The President, Nigerian Gas Association,(NGA) and Chief Executive Officer, Frontier Oil Ltd, Engr. Dada Thomas on the sideline of…
Total Closes the Maersk Oil Acquisition Deal
Paris - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1…
Lufthansa operates all-female flight on International Women’s Day
Frankfurt - On International Women's Day, female passengers on flight LH 174 from Frankfurt Airport received more than just red…
The G20 aims at cooperation to reduce excess steel capacity
The Global Forum on Overcapacity Steel G20 concluded the first meeting of the year in Paris, France. The objective of the Global…
Shell makes effort to ensure environmental sustainability in Nigeria
Shell Petroleum Development Company, SPDC has made concerted effort to ensure environmental sustainability through risk and impact…
NCDMB begins construction of Nigerian Oil and Gas Park in Cross River State
The Nigerian Content Development and Monitoring Board (NCDMB) has begun the construction of the Nigerian Oil and Gas Park at…
Nigerian oil marketers withdraw ultimatum given to FG
Oil Marketers under the aegis of Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Major Oil Marketers…
US threat of tax on EU cars affects German car industry
Frankfurt (dpa) - German carmaker BMW's shares fell by 1.17 per cent on Monday after US President Donald Trump threatened to…
Germany presses charges in case of kidnapped Vietnamese oil executive
Karlsruhe, Germany - German public prosecutors have pressed kidnapping charges against a 47-year-old Vietnamese man for the…
EU-wide energy market for solar, wind power would minimize outages
Berlin - Offering a combination of solar and wind energies in an energy market across Europe would minimize the risk of power…
Chlorine gas accident at German pool leaves 40 injured
Karlsruhe, Germany - A release of chlorine gas left 40 people injured at a clinic swimming pool in Germany's south-western state…
TCN ANNOUNCES NEW TRANSFORMERS AND LINES INSTALLATION
In line with the policy of this administration on incremental power, the Transmission Company of Nigeria (TCN) hereby state that…