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‘Samsung invests $400m in Nigeria’s oil & gas sector’ – Daily TrustGlobal shipbuilding firm, Samsung Heavy Industries (SHI) has committed over $400 million as tax revenue and investment in Nigeria’s oil and gas sector. The company said it has been investing the money since it was awarded the contract to build the Floating Production Storage Offloading (FPSO) unit for the 200,000 barrels of crude oil per …
Source: Daily Trust - 🏆 13. / 51 Read more »
Oil:Price Climb As U.S. Threatens Sanctions Against VenezuelaOil prices edged up on Friday as turmoil in Venezuela increased the chances of tighter global supply if the U.S. makes good on signals that it could impose sanctions on Venezuelan exports. However, fresh data on surging U.S. fuel stocks and worries about U.S.-China trade talks weighed on prices. Brent crude oil futures were at […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »