Tag: Russia

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Lukoil looking to divest stake in Ghanaian offshore field to Indian firms

Russian oil producer Lukoil is negotiating with Indian companies to divest its 38% interest in the Pecan oilfield offshore Ghana, Reuters reported, citing undisclosed...

OPEC oil output rises in February as Nigeria rebounds further

OPEC oil output rose in February led by a further recovery in Nigerian supply, a Reuters survey found on Tuesday, despite strong adherence by...

Oil rises on Russian supply jitters

Oil prices edged up in volatile trade on Monday, as Russia halted exports to Poland via a key pipeline ahead of a hefty supply...

Oil up on possible Russia cuts; inventories remain high

Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United...

Exxon warns of Russia risks to its $2.5 billion Kazakhstan income

Exxon Mobil Corp (XOM.N) on Wednesday warned in a securities filing of potential risks to its Kazakhstan oil operations, which provided $2.5 billion in...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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