Browsing Tag

Shale oil

US Slash Oil Imports from Nigeria by 11.67 Million Barrels

Tony Abu Momoh Aug 23, 2020 0

The US has cut oil imports from Nigeria by 11.67 million barrels between January and May, 2020, down from 21.04 million barrels for the same period in 2019, according to data released by the US Energy Information Administration on Friday.…

Business

US Company Cripples Nigeria’s Oil Exportation

Business Editor Jun 5, 2013 0

United States Shale oil, Renaissance Capital, has disclosed that it could take over a large percentage of global oil exportation, which will affect the market in oil expecting countries like Nigeria. The reaserch and finance firm, in a…