4/1/2017/Reuters By Jessica Resnick-Ault | NEW YORK Oil prices rose nearly 2 percent on Wednesday on expectations U.S. crude inventories have dropped and on signs that the world’s top oil exporters will stick to agreed output cuts that took effect this week. Global benchmark Brent crude futures LCOc1 rose 99 […]
Updates
Nigeria’s NNPC awards 2017 crude oil term contracts to 39 companies
4/1/2017/Reuters By Alexis Akwagyiram and Libby George State-run Nigerian National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, the company said on Tuesday. The contracts covering about 1.31 million barrels per day (bpd) of crude oil were awarded to 18 Nigerian companies, 11 international […]
Incident at Chi Limited Factory
4/1/2017/Chi Limited In the evening of Friday, December 30, 2016, some workers succeeded in forcefully taking away several cartons of company products and damaging the gate in the process. As a result of this incident, Management decided to enhance security around the factory by reporting the case to the Nigerian […]
