crude

Nigeria : Dangote refinery to buy crude in naira

Dangote refinery has been struggling to secure enough to meet its 650,000 barrel per day capacity, that's despite Nigeria being the continent's top oil producer and the Dangote site being one of…

3 weeks ago

by Abiodun Ogundairo

Nigerian refineries raise crude demands despite tight supply

Nigerian refineries rising requirements for crude from domestic producers who are struggling to meet demand is causing a supply crunch that has put Africa's biggest refinery at odds with the country's oil…

4 weeks ago

Business

Nigeria’s economy hit hard by collapse in oil prices

Nigeria is officially in recession for the first time in more than a decade, bringing an end to three years of low but positive growth. The African country's economy relies heavily on…

4 years ago

Business·News

China denies cover-up as wuhan death toll revised up by 50%, Naira drops to N387.65 as crude oil price plunges to $27 per barrel

Here is why you should pick a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Saturday.⁣…

4 years ago

GTV Exclusive

Nigeria’s second coronavirus case now negative, Premier League, La Liga, NBA, NFL and others suspend

Here is why you should pick up a copy of The Guardian on Saturday.⁣ Find these stories and much more when you grab a copy of The Guardian on the newsstands on…

4 years ago

GTV Exclusive

Central Bank of Nigeria to improve drive for non-oil exports

Governor of Nigeria's Central Bank says the apex banks development finance efforts have been driven by the need to reduce reliance on crude as smuggling and dumping over the years have led…

5 years ago

Business·News

Saudi oil output reaches record

Crude posted its biggest gain in months as the world's largest oil exporters prepare to talk global supplies. This is despite daily oil output from Saudi Arabia reaching a record 11.2 million…

6 years ago

Business·News

Iran sanctions kick in Monday

Iran is bracing for renewed U.S. sanctions over the next few hours. These measures are targeting the oil sector, shipping and financial transactions. U.S. Secretary of State Mike Pompeo says Iranian crude…

6 years ago

Business·News

Iran aims to attract $100bn in foreign investment

Iran qualified 29 international oil companies to bid in upcoming tenders for crude and natural gas development projects as the Persian Gulf state seeks investment in energy.…

8 years ago

Business·News

Oil extends declines as U.S. producers increase drilling

Oil is extending declines following the biggest drop we've had in more than a month after U.S. producers increased drilling despite a supply glut.…

8 years ago

Business·News

Appetite for Nigerian crude wanes

Weak demand for Nigerian crude grades continues to be a source of concern, while the continued force majeure of the Forcardos, Bonny Light and Brass River grades has curbed demand in the…

8 years ago

National·News

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crude

Nigeria : Dangote refinery to buy crude in naira

Nigerian refineries raise crude demands despite tight supply

Nigeria’s economy hit hard by collapse in oil prices

China denies cover-up as wuhan death toll revised up by 50%, Naira drops to N387.65 as crude oil price plunges to $27 per barrel

Nigeria’s second coronavirus case now negative, Premier League, La Liga, NBA, NFL and others suspend

Central Bank of Nigeria to improve drive for non-oil exports

Saudi oil output reaches record

Iran sanctions kick in Monday

Iran aims to attract $100bn in foreign investment

Oil extends declines as U.S. producers increase drilling

Appetite for Nigerian crude wanes

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