Nigeria and the Republic of India have pledged to work more closely to enhance energy security of both countries. The consensus came on the heels of a visit today in Abuja of the Indian High Commissioner to Nigeria, His Excellency, Abhay Thakur, to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. […]
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India was Nigeria’s biggest trading partner in the third quarter of 2018, gulping ₦719.2 billion of crude and ₦37.7 billion of natural gas exports from the country. India also bought cashew nuts worth ₦4.7 billion. The News Agency of Nigeria stated that the latest figures from the National Bureau of Statistics, covering July, August and […]
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The trade volume between India and Nigeria hit 12 billion dollars between April 2017 to March 2018, Indian High Commissioner to Nigeria, Nagabhushana Reddy, has said. Reddy said this while speaking with newsmen at a flag hoisting ceremony to mark the 72nd Independence of India in Abuja on Wednesday. Newsmen recall that the trade figures […]
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A ship carrying 22 Indian crew and 13,500 tons of gasoline is missing in the Gulf of Guinea after contact was lost in Benin on Friday, the company and India’s minister of external affairs said on Sunday. The Gulf of Guinea has become an increasing target for pirates who steal cargo and demand ransoms, even […]
Read More A helicopter carrying employees of an Indian oil company to an off-shore rig in the Arabian Sea crashed Saturday, killing four people and leaving another three missing, the navy said. The helicopter was carrying two pilots and five employees of the state-owned Oil and Natural Gas Commission from a Mumbai airfield to the oil rig […]
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A look at how people around the world are ringing in 2018: ___ NEW ZEALAND Tens of thousands of New Zealanders took to streets and beaches, becoming among the first in the world to usher in 2018. As the new year dawned in this southern hemisphere nation, fireworks boomed and crackled above city centers and […]
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The Chief of Army Staff (COAS), Lt. General Tukur Buratai said on Tuesday that the Federal Government (FG) is currently into acquisition, installation and application of modern technologies in the fight against the Boko Haram terrorist group in the country. He said the development was made possible through the federal government collaboration with the United […]
Read More India plans to offer stakes of up to 60 percent in oil and gas fields owned by state energy companies that are already in production to private firms, five sources with knowledge of the matter said, a move that would hit revenues of state explorers. The government is making the decision after failing to draw […]
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India get a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp in a rare contract renegotiation, a bad sign for global producers in a heavily oversupplied market. Long-term contracts are rarely revised in the LNG market, and for a big producer to cave in shows how supply from […]
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India, Nigeria’s biggest oil destination, has started buying crude from the United States as it looks to diversify its sources of the commodity. According to correspondent, it is the latest Asian country to buy the US crude after South Korea, Japan, China, Thailand, Australia and Taiwan as the cuts by the Organisation of Petroleum Exporting […]
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Coal will remain India’s main energy source for the next three decades although its share will gradually fall as the country pushes renewable power generation, according to a government report seen by Reuters. The country is the world’s third-largest coal producer and the third-biggest greenhouse gas emitter. It depends on coal for about three-fifths of […]
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The Indian men’s football team on Thursday climbed to the 100th spot in the latest FIFA world rankings — their best rating in more than two decades. Despite having a population of well over one billion, India languishes as a footballing minnow, ranked equally alongside Nicaragua, Lithuania and Estonia in a global table headed by […]
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