Oil and Gas Companies

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 Corporation, (NNPC),…

8 years ago

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…

8 years ago

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 Officer Lutz…

8 years ago

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.…

8 years ago

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…

8 years ago

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, USA (12 March 2018)…

8 years ago

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…

8 years ago

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…

8 years ago

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 billion dollars)…

8 years ago

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…

8 years ago

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…

8 years ago

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,…

8 years ago

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 Argentina’s new country…

8 years ago

‘Gas should not be seen as a source of immediate tax revenue but rather an enabler of the entire Nigerian economy’ – Thomas

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

8 years ago

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…

8 years ago

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…

8 years ago

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…

8 years ago

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 assessment on the…

8 years ago

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…

8 years ago

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 Association…

8 years ago

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…

8 years ago

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 abduction of a…

8 years ago

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…

8 years ago

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…

8 years ago

Total acquires a 16.33% stake in the Waha Concessions in Libya

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

8 years ago

Workers at three German nuclear power plants stage one-day walkout

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

8 years ago

German cities clear to ban diesel vehicles after high court ruling

Leipzig, Germany - Environmental bans on diesel-powered vehicles are legal in German municipalities, a top German court ruled on Tuesday,…

8 years ago

Aker Solutions Wins Subsea Order for Nova Project

Aker Solutions won an order from Wintershall Norge AS to provide the subsea production system, umbilicals and services for the…

8 years ago

Shell sees potential LNG supply shortage as global demand surges

The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by…

8 years ago

Replicate NLNG model to increase gas sector opportunities – NLNG Deputy MD

The Deputy Managing Director of Nigeria LNG Limited (NLNG), Sadeeq Mai-Bornu, on Tuesday, said the NLNG business model needs to…

8 years ago