Tue Jun 2, 2015/Reuters President Muhammadu Buhari is likely to keep the oil portfolio for himself in the new Nigerian cabinet, rather than trust anyone else with the source of most of Nigeria’s revenue and traditional fount of corruption, associates say. Nigeria’s oil sector is so dirty that nobody’s hands […]

Mon Jun 1, 2015/Reuters Egypt’s oil ministry said on Monday it had signed an energy exploration deal with Italy’s Eni worth $2 billion. The statement said the deal would pave the way for adjusting the gas price in some of its agreements.

May 29, 2015/ Bloomberg The world’s largest economy hit a bigger ditch in the first quarter than initially estimated, held back by harsh winter weather, a strong dollar and delays at ports. Gross domestic product in the U.S. shrank at a 0.7 percent annualized rate, revised from a previously reported […]