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Shell, GT Bank Agree $270m Oil Backed Loan to Nigeria's Amni
NG >> 3/15/2018 - Nigeria’s Guaranty Trust Bank and a subsidiary of Royal Dutch Shell have granted a $270 million loan to independent Nigerian oil and gas producer Amni International, Amni told Reuters on Thursday. ...
Nigeria in Final Talks with Firms to Overhaul Refineries
NG >> 2/27/2018 - Nigeria’s state oil firm NNPC is in the final stages of talks with two consortiums that include top traders, energy majors and oil services companies to revamp its dilapidated refineries, sources fami...
Congo Seeks Relief Talks with Oil Traders over $2b Debt
CG >> 2/20/2018 - Congo Republic is set to become the latest African country to start debt relief talks with trading houses after borrowing $2 billion from merchants such as Trafigura and Glencore but now finding its d...
US Oil Output to Surpass Record Earlier Than Expected: EIA
US >> 1/9/2018 - U.S. crude oil production is expected to surpass 10 million barrels per day (bpd) next month, en route to an all-time record months ahead of previous forecasts, the U.S. Energy Information Administrat...
Oil Retreats on U.S. Output Rise after Hitting Near 2Y High
US >> 1/5/2018 - Oil prices fell on Friday, dropping from highs last seen in 2015, as soaring U.S. production undermined a 10 percent rally from December lows that was driven by tightening supply and political tension...
SOCAR Energy Holdings Acquires A1 Petrol Stations in Austria
AT >> 12/19/2017 - SOCAR Energy Holdings (SOCAR's Swiss subsidiary) is announcing its entry into the Austrian retail fuel market by taking over petrol station operator A1, as well as mineral oil trading company Pronto O...


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