Crude oil

Business: Africa’s richest man, Aliko Dangote bets on vast 650,000 barrel-per-day oil refineryBusiness: Africa’s richest man, Aliko Dangote bets on vast 650,000 barrel-per-day oil refinery

Business: Africa’s richest man, Aliko Dangote bets on vast 650,000 barrel-per-day oil refinery

On a peninsula east of Lagos, 30,000 employees are employed on a task that holds out the promise of transforming Nigeria’s…

September 17, 2020
NEWS: OPEC agrees on production cut, may force Nigeria others to complyNEWS: OPEC agrees on production cut, may force Nigeria others to comply

NEWS: OPEC agrees on production cut, may force Nigeria others to comply

The Organisation of Oil Producing Companies (OPEC), Russia and other allies referred to as OPEC+, yesterday agreed to extend oil…

June 7, 2020
Coronavirus triggers glut of unsold crude oil in NigeriaCoronavirus triggers glut of unsold crude oil in Nigeria

Coronavirus triggers glut of unsold crude oil in Nigeria

A glut of unsold, high quality Nigerian crude continues to build up with weak global demand caused by coronavirus and…

March 20, 2020