Nigeria's $4.5 billion oil agreement with Vulcan Petroleum

Note: This section contains information in English only.
Source: BBC
Nigeria, the most important oil producer in Africa, has agreed to an initial deal valued at USD4.5 billion with the US company, Vulcan Petroleum, to establish six new oil refineries. The arrangement will increase the existing capacity by 180,000 barrels a day. Moreover, two factories will have working capacity by the end of 2012.
Back to articles

Actual Topics

Wed, 04 Jul 2012 09:27:36 GMT

Nikkei 225 prolongs gains on easing hopes

Japanese shares traded higher for the second straight session lifted by hopes ECB and PBOC will intervene to support growth. Nikkei 225 index climbed 0.41% or 37.58 points and finished at 9,104. Inpex Corp, Japan's biggest energy provider, surged 2.9% after oil reached a one-month high amid renewed tensions in Iran. On the downside JFE Holdings the country's second-largest steelmaker,

Wed, 04 Jul 2012 10:26:37 GMT

IMF: US recovery of the economy still tepid

According to the IMF the recovery process of the U.S. still is moderate. Moreover, the IMF lowered the expected growth for the economy from 2.1% to 2.0% for this year and from 2.4% to 2.25% for year 2013. IMF cited the ongoing Eurozone debt-crisis, future ambiguity of domestic policies and the ceiling of the debt which will have to be increased next year as main

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.