NIGERIA’S OIL EXPORTS TO HIT 14-MONTH HIGH IN NOVEMBER

27 September 2014, Sweetcrude, Abuja - Nigeria’s oil export will climb to a 14 month high of 1.91 million barrels per day (bpd) in November, says international news agency Reuters citing loading programmes.

It is the country’s highest level since September 2013, and is higher than the upwardly revised figure of 1.86 million bpd due to be exported in October.

Read more @ Sweet Crude

SHELL SAYS NIGERIA’S OIL UNION STRIKE NOT AFFECTING EXPORTS

A strike by Nigeria’s oil unions is not having any immediate impact on crude oil exports from Africa’s top exporter, despite moving into a third day, spokesmen for leading operator Shell and Nigeria LNG said.



Nigerian oil unions say the strike could affect exports if no agreement is reached with the government.


The spokesman for NLNG, the gas exporter which is run jointly by Shell and the government, said he did not foresee any impact from the strike, which began on Tuesday. The dispute is over pensions and a lack of crude supplied to refineries.

Read more @ Businessday

NNPC WORKERS’ STRIKE MAY AFFECT OIL EXPORTS

The strike embarked upon Tuesday by workers of the Nigerian National Petroleum Corporation (NNPC) over unresolved pension issues and problems with the refineries may affect crude oil exports.

Spokesman for the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Babatunde Oke, said all junior and senior workers of NNPC are on strike over a disagreement with the government on pensions and problems with the refineries.

Read more @ Thisday Live