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Orlen signs crude oil supply agreement with Equinor
01 Sep 2025 15:24 GMT
… ;s refineries are processing crude oil sourced from multiple regions … East, the North Sea, Africa and the Americas. Equinor … also include supplies of crude oil from the Johan Sverdrup … security.” "Orlen signs crude oil supply agreement with Equinor…
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Nigeria’s External Reserves Climb By $1.91 Billion In August, Highest Since 2021
01 Sep 2025 14:02 GMT
… by the Central Bank of Nigeria (CBN).
The reserves, which … OPEC+ weighed on the market. Nigeria’s Bonny Light crude dipped … at $69.44 per barrel.
Brent crude for October delivery slipped 0 … 0.78%. U.S. benchmark West Texas Intermediate (WTI) also fell by 0 …
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Crude Oil Prices Edge Higher On Strong US Economy And Supply Concerns
01 Sep 2025 09:33 GMT
Global crude oil prices recorded modest weekly gains as resilient US economic growth and renewed hopes for a Federal Reserve rate cut outweighed concerns over new trade tariffs and slowing demand.
Brent crude settled at $67.64 per barrel on Friday, a 0.5% …
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Brent Crude Loses $4 In August On Weak Demand Outlook And India Tariffs
01 Sep 2025 09:33 GMT
Brent crude prices fell sharply in August, snapping a three-month rally as weak demand indicators and rising trade tensions weighed heavily on the market.
After climbing steadily since May, Brent settled the month at $67.37 per barrel, representing a 6% …
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Nigeria, Colombia Sign MoU To Strengthen Political, Economic Ties
01 Sep 2025 16:54 GMT
… for Colombian diplomats visiting Nigeria.
Speaking at the plenary … Nigeria’s ongoing efforts to diversify its economy away from crude oil … its economy.
Shettima said Nigeria is investing heavily in … these strategies would enable Nigeria and Colombia to “turn …
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Libya’s National Oil Corporation Reports Daily Production Figures
01 Sep 2025 13:12 GMT
… Oil Corporation (NOC) of Libya has published its daily production … levels were as follows:
Crude Oil: 1,388,379 barrels
Condensates … which is responsible for overseeing Libya’s vital oil sector, … country’s hydrocarbon output.
Libya’s economy is heavily …
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Mapped: Europe’s Crude Oil Imports by Country in 2024
01 Sep 2025 05:55 GMT
… Mapped: European Imports of Crude Oil by Country
This was … crude oil to Europe, according to the Energy Institute.
The continent of Africa … the largest importers of crude oil worldwide.
As the continent … #47;d of crude oil to Europe. Libya was Italy’s …
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How Nigeria can strengthen business competitiveness and attract private investment
01 Sep 2025 08:31 GMT
… . With vast reserves of crude oil and natural gas, numerous … electricity exports to South Africa alone.
This revenue came … on the Niger and Benue Rivers, one of Africa’s most … in developing countries, including Nigeria. Although Nigeria’s financial sector has …
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East Africa Pipeline Moves Closer to Completion
01 Sep 2025 07:48 GMT
… Africa Crude Oil Pipeline project is making fast progress after several funding delays, African … and gas infrastructure, especially in Africa.
Last month, an earlier report … Tilenga project and the East Africa Crude Oil Pipeline are among its lowest …
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Non-oil exports emerging as Nigeria’s new source of FX – NOA
01 Sep 2025 07:24 GMT
… nearly as much as crude oil for the first time … crude oil for income is changing rapidly.
For the past ten years, Nigeria … crude oil sales during the same period.
These figures come from the Nigerian … export earnings “almost surpassed crude oil accruals” in the …