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FG gives IOCs two weeks to pay debt owed dockworkers 

FG gives IOCs two weeks to pay debt owed dockworkers 

The Federal Government has given International Oil Companies (IOCs) a two-week ultimatum to pay all outstanding debt owed dockworkers employed by stevedoring contractors...

Commission okays Norway's $1tr wealth fund oil stocks investments

West Africa Crude: IOC takes more oil but spot trade slow

Spot trading was limited on Friday as the market awaited new loading programmes in the coming week. More cargoes were set to sail for Indian refiner IOC, including at...

Commission okays Norway's $1tr wealth fund oil stocks investments

West Africa Crude: IOC booked 4 million barrels, other trade sparse

India’s IOC purchased 3 million barrels of Nigerian oil and 1 million barrels of Angolan in a tender awarded on Thursday. Trading was otherwise subdued, but...

Commission okays Norway's $1tr wealth fund oil stocks investments

West Africa Crude: IOC takes WAF grades, Angola programme due

Trading was subdued as the market awaited final Angolan loading plans for June. India’s IOC took at least 2 million barrels of African oil, while another Indian...