Sunday, February 25, 2018

Business

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Zambia’s president Edgar Lungu has called for an out of court settlement with First Quantum Minerals, which is being sued for $1.4 billion by a state-owned firm, the presidency said on Thursday. First Quantum asked a Zambian court...
As the fate of the Petroleum Industry Bill (PIB) remained uncertain, stakeholders in the country’s oil and gas sector, have described the delay as an embarrassment to the country. They believed that if Ghana, which took clue from...
Eni's Nigerian subsidiary Agip is planning to build a 150,000-barrel per day refinery in the Niger Delta. An agreement was signed by the federal government and Nigerian Agip Oil Company (NAOC) for the project. A meeting between Agip officials and acting President Yemi...
Nigerian workers at U.S. oil major Exxon Mobil Corp have gone on strike in protest over the sacking of workers, oil labour union officials said on Thursday. A spokesman for Exxon Mobil said by mail there were "no impacts" on...
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