Nigeria naira weakens on falling oil prices, lower bond yields Reuters AfricaThe Nigerian naira weakened to 364 per dollar on Friday, from a quote of 363.50 the previous day as falling oil prices tightened liquidity on the currency market, ... R …
Nigeria's huge Dangote oil refinery delayed until end of 2020 Reuters AfricaAfrica's largest oil refinery will not be finished until the end of 2020 due to problems importing steel and other equipment, executives at Dangote, which is ... Read m …
China's CNOOC says it aims to take a stake in Ugandan oil pipeline Reuters AfricaKAMPALA (Reuters) - Chinese oil firm China National Offshore Oil Corporation (CNOOC) aims to take a stake in an oil pipeline being developed to export ... Read mor …
Nigeria's state oil firm has not paid Eni's cash call payments for... Reuters AfricaNigeria's state oil firm said on Wednesday it had suspended cash call repayments to Eni for three months, and did not plan to renew some of the Italian firm's .. …
Nigeria's NNPC secures $3.15 bln to develop oil mining licence Reuters AfricaNigeria's state oil company has secured $3.15 billion from Sterling Oil Exploration and Energy Production Company Limited to develop oil mining licence 13, ... Read mor …
Shell, Exxon eye return to Somalia ahead of oil block round Reuters AfricaRoyal Dutch Shell and Exxon Mobil are looking to return to Somalia ahead of an oil block bid round later this year, the East African country's oil ministry said. Read more …
Marketing division manager Kyari to head Nigerian state oil firm Reuters AfricaNigerian President Muhammadu Buhari has appointed a new group managing director of the Nigerian National Petroleum Corporation (NNPC), the state oil firm ... Read mor …
Russia, Saudi Arabia discuss more balancing of oil markets -Russia's Novak Yahoo FinanceRussian Energy Minister Alexander Novak said on Thursday that he and Saudi Energy Minister Khalid al Falih discussed how the countries could further ... Read …
The Latest: 5 hurt in possible tornado at oil company plant Star TribuneBATON ROUGE, La. — The Latest on (all times local):. 2:30 p.m.. ExxonMobil in Baton Rouge reports that a possible tornado at its plant in Sorrento, Louisiana, ... Read more …