Energy

Statoil posts USD3.0 billion EBITDA for Q2
Energy

Statoil posts USD3.0 billion EBITDA for Q2

Norwegian oil major, Statoil said it made USD3.0 billion EBITDA for the second quarter of the year. Adjusted earnings after tax of USD1.3 billion in the second quarter of 2017. IFRS net operating income was USD3.2 billion and the IFRS net income was USD1.4 billion. “Our solid financial results and […]

Ifeanyi Ubah says NNPC owes his firm NGN16 billion
Energy

Ifeanyi Ubah says NNPC owes his firm NGN16 billion

The Chairman of Capital Oil, Dr Ifeanyi Ubah has said the Nigerian National Petroleum Corporation (NNPC) is owing his company NGN16 billion. He revealed at public hearing organised by the house of representatives committee on petroleum downstream in Abuja. The house committee is investigating the alleged disappearance of 82 million […]