18 September 2016, Lagos – Oil fell to a one-month low in New York on speculation that the resumption of shipments…
Browsing: Qua Iboe crude
Nigeria, which was Africa’s largest oil producer until a few months ago, has seen its output slump to 30-year lows due to renewed militancy in the country’s oil rich Niger Delta.
14 September 2016, Lagos – Mobil Producing Nigeria Unlimited, a unit of ExxonMobil, will resume shipment of Qua Iboe crude,…
11 August 2016, London — ExxonMobil is working on a plan to export Qua Iboe crude oil via an alternate…
The survey shows that a total of 55 cargoes, for 1.685 million barrels per day (bpd) are booked to sail to Asia this month. The total is just under 2 percent lower than the planned bookings in July, but is more than 8 percent lower than August last year.
27 July 2016, Lagos – ExxonMobil, the operators of Qua Iboe terminal, which is expected to remain shut in for another…
24 July 2016, Lagos – As ExxonMobil plans to repair the pipeline feeding the Qua Iboe export terminal, the exports of…
“There is no guarantee the Nigerian crudes will load and set sail safely. It’s very risky,” said a Singapore-based sweet crude trader.
The largest rise in output came from Nigeria, where production rose 150,000 b/d to 1.57 million b/d, due largely to the return of its largest export grade, Qua Iboe, as production and exports resumed at the end of May
…Traders cite high gasoline yields as reason Oscarline Onwuemenyi 30 March 2016, Sweetcrude, Abuja – Nigeria’s Brass River and…