Tag: Nigerian
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Nigerian oil exports are looking for buyers… 20 shipments suspended due to France’s strikes
Nigerian oil exports are still facing the repercussions of France’s two-month-old strikes against the regulation to raise the retirement age, without response from the French government. France’s strikes coincide with the seasonal maintenance season for refineries in most European countries, which contributed to increasing pressure on Nigeria’s oil exports, according to Bloomberg. Nigerian oil exports…
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25 million barrels of Nigerian oil are looking for buyers…and these are the most prominent alternatives
Nigerian oil sales fell in March, due to strikes at French refineries, as well as seasonal maintenance elsewhere in Europe. Between 20 and 25 shipments of Nigerian oil for loading in April are still looking for buyers, and each shipment amounts to about 1 million barrels of crude oil, according to information seen by the…
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ExxonMobil renews its desire to sell its Nigerian assets with presidential changes
The American ExxonMobil Corporation has renewed its ambition to sell its assets in shallow Nigerian waters, after the results of the presidential elections – a few days ago – resulted in Paula Tinubu winning power, succeeding outgoing President Muhammadu Buhari, who had previously retracted his approval of the sale. And it seems that the practices…
