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Oil & Gas

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Read more about the article Oil up 2% to near 10-month high, OPEC predicts tight supplies

Oil up 2% to near 10-month high, OPEC predicts tight supplies

  • Post author:aidenAdmin
  • Post published:September 13, 2023
  • Post category:Business News

Oil prices jumped about 2% to a near 10-month high on Tuesday on a tighter supply outlook and OPEC optimism over the resilience of energy demand in major economies. Brent…

Continue ReadingOil up 2% to near 10-month high, OPEC predicts tight supplies

Meet the company that can solve Nigeria’s electricity woes

  • Post author:aidenAdmin
  • Post published:April 16, 2022
  • Post category:Business Products & Services
  • Post comments:0 Comments

    There is a company called Ajaokuta-Kaduna-Kano Gas Pipeline Project (AKK). NNPC just claimed that this company can help to solve Nigeria’s electricity problems. The project is still in…

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3 major states producing crude oil in Nigeria

  • Post author:aidenAdmin
  • Post published:April 14, 2022
  • Post category:Business Products & Services
  • Post comments:0 Comments

  As we all know, Nigeria is the top country producing oil and gas in Africa. It is the main way in which the country earns its revenue. In this…

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Angola´s Oil & Gas Sector Ripe for New Investments

  • Post author:aidenAdmin
  • Post published:February 22, 2022
  • Post category:Business News
  • Post comments:0 Comments

Angola is sub-Saharan Africa´s second-largest oil and gas producer with a current production capacity of about 1.1 million barrels of oil per day (bpd) and 17,904.5 million cubic feet of…

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NNPC, AFREXIMBank, $5 Billion Funding For Oil & Gas Upstream Projects

  • Post author:aidenAdmin
  • Post published:January 31, 2022
  • Post category:Africa
  • Post comments:0 Comments

The African Export Import Bank (AFREXIM Bank) has committed $5 billion in corporate finance to the Nigerian National Petroleum Company Ltd to fund major investments in the country’s upstream sector.…

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Sasol to sell its indirect interest in the Escravos

  • Post author:aidenAdmin
  • Post published:July 2, 2020
  • Post category:Miscellaneous
  • Post comments:0 Comments

South African petrochemicals giant Sasol said on Wednesday it would sell its indirect interest in the Escravos gas-to-liquids (EGTL) plant in Nigeria to Chevron for an undisclosed sum. The world’s…

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