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NIGERIAN CRUDE
SEEPCO supplies 6 million barrels of Nigerian crude to Indian refinersAmidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...- From uncle's loan in 1977 to $36.8 billion today: The story of a quiet African titan reshaping global energy from LagosAliko Dangote is widely regarded as Africa’s richest businessman and one of the most influential industrialists in the world. His journey b...
- Nigerian airlines avert shutdown as Mideast war hikes fuel pricesNigerian airlines continued flying on Thursday despite threatening a shutdown over sky-high jet fuel prices roiling the industry in Africa'...
- Nigerian airlines threaten to halt flights over soaring jet fuel pricesNigerian airlines are threatening to halt all flight operations from April 20 if jet fuel prices are not reduced. The Airline Operators of ...
- What’s happening with Brent crude and African crude prices, and why physical oil hits $150 as Europe pays record premiums amid Strait of Hormuz disruption and global supply shock fearsBrent crude and WTI oil prices are under sharp focus as physical crude for Europe has surged near $150 a barrel, based on LSEG data. This g...
- Sandesara brothers, fighting fraud charges in India, are flourishing in NigeriaThe Sandesara brothers, Gujarati businessmen who left India in 2017, deny cheating their lenders and say they are victims of political pers...
- IOC doubles crude oil buy from Nigeria on term contract"Nigeria has now agreed to increase the term contract from 1.7 million tons per annum to 3 million tons in 2016," Oil Minister Dharmendra P...
- India now Nigeria's biggest crude oil buyerOn the bilateral trade, he said the present figure stands at $10 bn, even as the total investment of India in Nigerian economy could be val...
- India now Nigeria's biggest crude oil buyerIndia now leads the United States in the purchase of crude oil from Nigeria, Indian High Commissioner to Nigeria Mahesh Sachdev has said.
- ONGC-Lakhsmi Mittal JV give up Nigerian oil blockOMEL, the famed joint venture of ONGC and steel czar Lakhsmi Mittal, has relinquished an oil block in Nigeria and will give up the only oth...
- Sandesara claims to kick-off crude production in OPEC as the first Indian operatorDiversified Sandesara Group is claiming to be the first Indian operator in OPEC country to kick off crude production in Nigeria.
- India seeks 36 pc hike in oil supplies from NigeriaIndia today sought a 36 per cent increase in crude oil supplies from oil-rich Nigeria and also talked of importing liquefied natural gas (L...
- Nigeria willing to raise oil exports to India: DeoraIndia’s energy demand would increase by over 40% in the next 10 years but supply from its ageing oil-fields was expected to increase around...
- HPCL, BPCL seek Oct crude in tender: TradersState-run refiners Hindustan Petroleum Corp (HPCL) and Bharat Petroleum Corp Ltd have issued separate tenders to import crude oil for Octob...
- Crude oil bounces back to $70/barrelCrude oil prices bounced back to $70 per barrel in London on Tuesday due to concerns over Nigerian crude production at the beginning of the...
- Oil prices retreat below US$65 a barrelOil prices fell in light trade Monday, eased by the end of a Nigerian oil workers' strike over the weekend.
- BPCL buys first CPC Blend cargoBharat Petroleum Corporation Ltd (BPCL) has bought its first cargo of Kazakh ultra-light CPC Blend crude, as well as Nigerian and Abu Dhabi...
- Nigeria considers IOC's investment plansNigeria has welcomed investment proposals of Indian Oil (IOC) in downstream particularly for setting up refinery projects in the country. A...
- OVL talks with Shell for sale of 10-15% stakeONGC Videsh Ltd is in talks with Shell to find out whether the world's fourth largest oil company is interested in acquiring 10-15 per cent...
- IOC plans $3.5bn Nigerian refineryPetroleum sector market leader, IOC, is working on a mega investment plan of around $3.5bn to establish its presence in Nigeria.
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