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The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her work calls about the oil giant buying another company. The ex-husband, Tyler Loudon, also was sentenced to one year of supervised release after his prison term and fined ...
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Mele Kyari, CEO of Nigerian National Petroleum Company (NNPC) Limited, revealed that Nigeria’s oil production is nearing 1.7 million barrels per day (bpd). Speaking at a stakeholders’ meeting with the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos, Kyari noted that while current production is up from OPEC’s April report of 1.28 million ...