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Oil Rallies Despite Large Crude Build

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Crude oil prices brushed off the Energy Information Administration inventory report today, which saw a 7-million-barrel build in crude oil inventories for the week to April...

South Sudan’s Ministry of Petroleum Encourages Refiners and Traders to Take...

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The minister also said that South Sudan would sell its crude via a competitive and transparent tender process for spot and term buyers JUBA, South...
Less Than 40% of Nigeria’s Oil Pipelines Operational – NNPC

NNPC issues directives on 2019-2020 crude-for-crude swap tender

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The Nigerian National Petroleum Corporation, NNPC, has issued its 2019 -2020 crude-for-product swap tender. According to the state-owned oil company through its official Twitter account, the...
Winners of Nigeria 2020 Marginal Bid Round Awaiting Buhari’s Nod

FG adopts crude oil tracker, recovers N1.2tln in royalty arrears

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Chibisi Ohakah The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said that the newly adopted Crude Oil Liquefied Natural Gas Tracker (COLT)...
Shell Nigeria Shuts Down Crude Supply Pipeline

Shell Nigeria Shuts Down Crude Supply Pipeline

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ANGLO-DUTCH energy giant Shell said Tuesday it has shut down a key crude supply pipeline in Nigeria’s restive south because of a leak. Shell subsidiary...