LONDON, Sept 3 (Reuters) – U.S. exports of liquefied natural gas (LNG), negligible just three years ago, now amount to 10% of the global market and at 22 million tonnes so far this year are equal to the total volumes pumped out in 2018, Refinitiv data showed on Tuesday. The data, comprised of tracked individual […]
Read More (Adds South Africa growth) ABUJA, Sept 3 (Reuters) – Nigeria’s economic growth slowed to an annual rate of 1.94% in the three months to the end of June, the second quarter in a row of decline as the country struggles to shake off the effects of a recession it escaped two years ago. Nigeria’s economy […]
Read More ABUJA, Sept 3 (Reuters) – Nigeria’s gross domestic product grew 1.94% in the second quarter compared with growth of 1.50% in the same period a year before, the National Bureau of Statistics said on Tuesday. The economy emerged from a recession in 2017 and has been recovering largely due to higher oil prices, though growth […]
Read More (Adds details) ABUJA, Sept 3 (Reuters) – Year-on-year growth in Nigeria’s economy slowed to 1.94% in the three months to the end of June, the second quarter in a row of decline as the country struggles to shake off the effects of a recession it escaped two years ago. Nigeria’s economy grew by 2.10% in […]
Read More ABUJA, Sept 2 (Reuters) – Nigeria’s multiple security problems have created a crisis that requires urgent attention and could lead to instability in other African countries if it is not addressed, a United Nations rapporteur said on Monday. Security forces in Africa’s most populous country are trying to tackle a decade-long Islamist insurgency in the […]
Read More LONDON, Sept 2 (Reuters) – A VLCC of Nigerian crude was seen bound for China, marking its biggest month of buying from Africa’s top exporter in years as it ramps up its gasoline exports. * VLCC Athenian Success is bound for Lanshan after loading Akpo and Egina in the last few days. * The nearly […]
Read More (fixes date in dateline, no change in text) BEIJING, Sept 2 (Reuters) – Spain celebrated their second successive win at the basketball World Cup in China after a commanding performance from their Toronto Raptors centre Marc Gasol gave them a 73-63 win over plucky Puerto Rico on Monday. Serbia, the tournament favourites alongside holders United […]
Read More LAGOS, Aug 31 (Reuters) – A pipeline that ruptured on Friday in Nigeria’s Delta state spilled oil, but has been contained, the head of state oil company NNPC said on Saturday. NNPC initially said the pipeline was carrying gas, but NNPC managing director Mele Kyari said on Twitter Saturday afternoon that it was the Abura […]
Read More BEIJING, Aug 31 (Reuters) – The basketball World Cup heavyweights opened got their campaigns on the right track as Serbia romped to a 105-59 win over Angola, Italy mauled the Philippines 108-62 and 2006 champions Spain strolled to a 101-62 defeat of Tunisia on Saturday. Russia were forced to dig deep for an 82-77 victory […]
Read More YENAGOA, Aug 30 (Reuters) – A gas pipeline in Nigeria’s Delta state was shut down on Friday following a breach, according to state oil company NNPC and local authorities. Locals in Otu-Jeremi in Ughelli South area of Delta state reported an explosion on the pipeline, though NNPC said the pipeline was shut down following a […]
Read More * OPEC oil output rises by 80,000 bpd in August * Nigeria, Iraq boost output, Gulf producers keep output flat * New accord on supply cuts started in January * For output by country, compliance, click on By Alex Lawler LONDON, Aug 30 (Reuters) – OPEC oil output has risen in August for the first […]
Read More LONDON, Aug 30 (Reuters) – Purchases of two cargoes of Nigerian oil cargoes by Vietnam and Thailand this month may signal an uptick in demand from a region where interest in Nigerian crude has been dominated by India and Indonesia. * Vietnam’s Binh Son Refining and Petrochemical BSR.HNO has bought 1 million barrels of Bonny […]
Read More
