Most Recent News

Nigerian LNG cargo to arrive Portugal on October 10th

REN-operated Sines LNG import terminal in Portugal is scheduled to receive a cargo of the chilled fuel from Nigeria next week, according to the shipping data by the Port of.

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IMF to release World Economic Outlook

The International Monetary Fund (IMF) will this week release the much awaited World Economic Outlook which project to the trajectory the world economies will take in the 12 months. The.

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UBA Foundation ups essay prize by N2.25m

The United Bank for Africa (UBA) Foundation has doubled the prize money for its annual essay competition to N4,500,000 million for the top three winners. Managing Director, UBA Foundation, Bola.

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Egypt signs deal with CI Capital-led group for ENPPI’s IPO

Egypt has signed an agreement with three banks to manage the sale of a 24 percent stake in state-owned oil company ENPPI on Cairo stock exchange, the petroleum ministry said.

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Morocco’s Net International Reserves Up 0.5%

Morocco’s net international reserves amounted to 224.6 billion dirhams until September 28, 2018, recording a 0.5% year-on-year increase, Morocco’s central bank (Bank Al-Maghrib) said. During the week of September 26-October.

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Savannah Petroleum reports fifth oil discovery in Niger’s Agadem Rift Basin

Savannah Petroleum has claimed an oil discovery in Niger’s onshore Agadem Rift Basin following the drilling of the Zomo-1 exploration well. Zomo-1 marks the fifth successive discovery for the British.

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[Nigeria] Oil and gas export sales up 35% to $416m

The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export sales of $416.07 million in June, 2018 which is 35.78 per cent higher than the.

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[Morocco] Vivo Energy renews deal with Injaz Al Maghrib Association

Vivo Energy Maroc, the company in charge of the distribution and marketing of Shell brand fuels and lubricants in Morocco, and Butagaz brand Liquefied Petroleum Gas, have announced the renewal.

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South Africa manufacturer picks MyEasyISO software to grow profits

In today’s advanced economies, manufacturing remains critically important to both developing and developed world. With the speed of advanced technologies, most manufacturers from a large, global manufacturer to a smaller,.

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Sirius Petroleum secures new rig for Ororo field drilling, cancels old deal

AIM-listed Sirius Petroleum, the Nigeria-focused oil and gas development and production company, has decided, by mutual agreement with COSL, to abrogate its agreement with COSL for the supply of a.

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