BERACHA lubrications limited, a wholly owned indigenous oil trading and logistics company, with operations in the oil and maritime sectors has commenced plans to boost its operations with about 50 million US dollars withing the next six months.

FORMER Deputy speaker of the National Assembly, Hon. Chibudom Nwuche has advised the Federal government to revisit the Petroleum Industry Bill [PIB] and ensure the inclusion of an equitable sharing formula of revenue between oil producing local governments areas, state and Federal government for a lasting peace in the Niger Delta area of the country.

By Elohor okagbare WITH a declared profit of about N1.837 billion recorded in the year 2008, NIPCO Plc, one of the major players in the downstream sector of the nations economy has announced that it also dispensed 1.2 billion litres of petroleum products representing 100 percent of its installed capacity. This was the position of […]

STANDARD Chartered Bank has won the African Business Award for Best Corporate Citizenship and Social Responsibility- organised by African Business magazine and the Commonwealth Business Council (CBC).

Chief Executive of Oceanic Bank International Plc, Dr. (Mrs.) Cecilia Ibru has called on stakeholders in the Nigeria project to join hands together towards building a stronger Nigeria.