Friday, April 19, 2024
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Tag "Qua Iboe"

Nigeria exports first crude cargo from Anyala oil field

    Nigeria exports first crude cargo from Anyala oil field

The first cargo export of Anyala, Nigeria’s newest crude grade, is currently making its way to Northwest Europe, S&P Global Platts is reporting. The platform quotes trading and shipping sources

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EXCLUSIVE: Qua Iboe power project stalls as FG weighs liabilities

    EXCLUSIVE: Qua Iboe power project stalls as FG weighs liabilities

The progress of the Qua Iboe Power Plant (QIPP), which is expected to generate 540 megawatts of electricity when completed, has been stalled because the federal government is unable to

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EXCLUSIVE: FG, QIPP begin negotiations on ‘take or pay’ power deal

    EXCLUSIVE: FG, QIPP begin negotiations on ‘take or pay’ power deal

After initial delays, the federal government and promoters of the Qua Iboe Power Plant (QIPP), a private generating company, have commenced negotiations over a power purchase agreement (PPA) for the

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Oil prices rise as ExxonMobil suspends Nigerian exports

    Oil prices rise as ExxonMobil suspends Nigerian exports

Oil prices were on the rise across the international market as ExxonMobil announced the suspension of exports from the Qua Ibo crude oil terminal on Friday. West Texas Intermediate crude

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Nobody willing to lift Nigeria’s crude, Indian investor laments

  Nobody willing to lift Nigeria’s crude, Indian investor laments

India’s Hindustan Petroleum Corp (HPCL) has revealed the difficulty it is facing in investing in Nigeria’s oil, saying nobody is

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