Category: World

Financial Literacy Day:  UBN CEO, Other Executives Tutor over 3000 Students from 30 Schools across the Country.

Union Bank recently organized a day lectures for over 3000 students from 30 secondary schools across the Country as part of activities to mark this year’s Global Money Week and Financial Literacy Day (FLD) based on the theme ‘Money Matters Matter’. The Chief Executive (CE) of the Bank, Emeka Emuwa accompanied by the Executive Director,…

Natural Gas Exporters to invest $8 trillion by 2040 to meet demand by GECF

The debate over how to price natural gas is settled, at least for exporters, and oil-indexing should prevail. Prices have to be linked to crude oil to keep expected revenue predictable, with some $8 trillion of investments in the fuel needed by 2040, according to Yury Sentyurin, the new head of the Gas Exporting Countries…

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 578mln. This follows a two-year strategic review of Shell’s interests in New Zealand and the sale of Shell’s interest in Kapuni in 2017. It is consistent with the Shell Group strategy of…

Total closes on Maersk Oil acquisition, becomes second-largest operator in North Sea 

Total announces the closing of the Maersk Oil acquisition signed on ug. 21, 2017. It brings to Total around 1 Bboe of 2P/2C reserves and resources, mainly in the OECD countries, and a production of about 160,000 boed in 2018, ramping up to more than 200,000 boed by the early 2020s. The acquisition of Maersk…

PwC Marks International Women’s Day, Call for Greater Transparency in the Workplace

…82% of women surveyed are confident in their ability to fulfill their career aspirations and 73% are actively seeking career advancement opportunities …But 42%feel nervous about the impact starting a family might have on their career and 48% of new mothers felt overlooked for promotions and special projects upon their return to work …45% believe…