Updates

Nigeria’s Mosimi oil depot resumes loading after almost one year

April 10, 2017/Reuters Nigeria’s Mosimi oil depot has resumed loading after almost a year, when a major pipeline was vandalised last May, the state oil company said on Monday. The resumption of loading could help the Nigerian National Petroleum Corporation (NNPC) cut losses that stemmed from the damage, as trucks […]

Eni denies any wrongdoing in Nigeria – spokesman

April 10, 2017/Reuters A spokesman for Italian oil major Eni reiterated on Monday that the group and its personnel had not been involved in any wrongdoing in Nigeria. The comments followed a media report about alleged illicit payments in a case revolving around the purchase of a Nigerian oilfield by […]

U.S. stocks rise with oil futures, investors await earnings

April 10, 2017/Reuters By Sinead Carew | NEW YORK Wall Street stock indexes rose on Monday as higher oil futures boosted the energy sector and investors placed their bets ahead of the U.S. quarterly corporate earnings season. However, U.S. Treasury yields dipped in advance of the government’s $24 billion debt […]