Latest News for: Sahara oil

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Despite Cut in Consumption, FG Spends $2.16bn to Import Petrol in Two Months

This Day 30 Apr 2024
... rather than oil swaps ... On the other hand, the major clients in the spot volume purchases were Coral Energy, Gulf, MRS Oil and Gas, Concord, Mocoh SA, Vitol, Sahara Energy Resources, Cepsa and Totsa.
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La Colonisation: French history of death, torture and indescribable violence in the pearl of its ...

Russia Today 10 Apr 2024
France’s intervention in the Western Sahara conflict, in which it supported Morocco, and a stop in purchases of Algerian oil, which led to a trade imbalance in the late 1970s, further strained relations between the two countries.
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Wale Tinubu Strikes Gold as He Secures $755m NNPC Deal 

This Day 04 Feb 2024
... NNPC awarded the contract to Tinubu’s Oando PLC, along with five others; namely, AA Rano Nigeria, Gulf Transport and Trading, Mercuria, PV Oil Singapore PTE Limited, and Sahara Energy Resources.
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Oando, AA Rano, Sahara others secure fresh NNPC’s oil swaps deal worth $755m

Business Day Online 29 Jan 2024
In a move that has sparked industry buzz, the Nigerian National Petroleum Company (NNPC) Ltd has awarded fresh oil swap. read more Oando, AA Rano, Sahara others secure fresh NNPC’s oil swaps deal worth $755m ... .
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NSCDC Destroys Illegal Oil Bunkering Sites in Rivers

This Day 23 Jan 2024
... out illegal oil bunkering activities at cutting channel area. He said the suspects vandalised Sahara Oil well heads and pipes, to siphon crude oil and establish a local refining site in the area.
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Rise and Rise of Abdulrasaq Isa Kutepa’s Waltersmith Petroman

This Day 22 Jan 2024
For the assurance of doubts, Sahara Group, Seplat Energies, Famfa Oil, Niger Delta Exploration and Production, as well as Triolus Investments Limited, previously took shots at the acquisition of SPDC.
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CBN Pays $2.062bn Additional FX Forwards with Banks, Disburses $61.64m to Foreign Airlines

This Day 08 Jan 2024
Other participants in the deal include Gunvor, Sahara Energy, and other major oil traders that are to join the parties ... “In 2024, focusing on stocks with robust fundamentals, particularly in the banking and oil and gas sectors, remains advisable.
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$2.25bn Loan: Analysts Laud Afrexim Bank, UBA, NNPC’s Drive to Ameliorate Liquidity Constraints

This Day 01 Jan 2024
Nigeria .. James Emejo in Abuja ... UBA is also acting as the Onshore Depository Bank for the transaction. Other participants in the deal includes Gunvor, Sahara Energy and other Major Oil traders that are to join the parties ... .
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$2.25bn Loan: Analysts Hail Afreximbank, UBA, NNPC’s Intervention to Boost FX Liquidity

This Day 31 Dec 2023
Nigeria .. James Emejo in Abuja  ... UBA is also acting as the Onshore Depository Bank for the transaction. Other participants in the deal include Gunvor, Sahara Energy and other major oil traders that are to join the parties ... He said ... He said ... He said ... .
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How to get African oil out of the ground without Western lenders

Economist 30 Nov 2023
Its oil giants will still provide funding for headline projects such as Namibia’s oilfields, which are probably the largest ever discovery south of the Sahara. There will still be money for gas, which has a cleaner reputation than oil.
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Algerian president names a new prime minister ahead of elections next year

Fox31 Denver 12 Nov 2023
... by geography — a country with a population of 44 million that spans nearly one million square miles (2.4 million square kilometers) including vast swaths of the Sahara desert rich with oil and gas.
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THE CLIMATE QUESTION: THE WAY FORWARD

This Day 12 Nov 2023
... been a long-standing menace, and the mangrove forests and wetland ecosystems of the Niger delta are being destroyed by oil spillage while the Sahara Desert has continued to encroach into the country.
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Moroccan oil exploration poses ‘threat’ to Canary Islands, say local politicians

Anadolu Agency 08 Nov 2023
Given that the Canary Islands sits in the Atlantic waters off the coast of Morocco and the Western Sahara, local politicians are demanding more information and suggesting that oil exploration is on the table.
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Sahara Group Advocates Market-based Regime to Develop Gas sector in Africa

This Day 30 Oct 2023
Magani noted that as a leading player in Africa’s oil and gas sector, including operations in Asia, Europe and the Middle East, Sahara Group continues to seek investments and collaboration ...
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