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Nigeria should focus on Asian markets for its crude – Platts

Nigeria should focus on Asian markets for its crude – Platts

An energy expert has advised Nigeria to expand its market for crude towards the Asian region, which is now increasingly a major target market for many...

Posted on: Aug 31, 2015

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Maurel & Prom looking to merge with its former Nigerian unit MPI, others

Maurel & Prom looking to merge with its former Nigerian unit MPI, others

French energy exploration and production company Maurel & Prom said it would reabsorb its former Nigerian unit MPI as a first step towards tripling in...

Posted on: Aug 29, 2015

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Oil price steadies after strong gains on equities, Nigeria outage

Oil price steadies after strong gains on equities, Nigeria outage

Oil prices steadied on Friday after bouncing back from six-and-a-half-year lows on recovering equities markets, strong U.S. economic growth and news o...

Posted on: Aug 29, 2015

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Kenya Starts Talks With Uganda on Financing for Oil Pipeline

Kenya Starts Talks With Uganda on Financing for Oil Pipeline

Kenya started talks with neighboring Uganda on the financing and construction of an oil pipeline that will link the two countries and ferry crude prod...

Posted on: Aug 29, 2015

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Nigeria’s oil exports to hit annual high in October amidst global glut

Nigeria’s oil exports to hit annual high in October amidst global glut

Nigeria plans to export a total of at least 2.04 million barrels per day (bpd) of crude oil in October, the highest level this year, according to prov...

Posted on: Aug 27, 2015

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