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  • 3 weeks ago | bloomberg.com | Bill Lehane |Sherry Su

    (Bloomberg) -- Where does a giant refinery in Nigeria, Africa’s largest oil producer, go to source the raw materials it needs to make fuels for the nation of 228 million people? Try crude fields around Midland in West Texas, about 6,500 miles away. This year, the mega plant Dangote, near the commercial capital Lagos, bought a third of its crude from the US — the lion’s share of it being the grade West Texas Intermediate - Midland, ship tracking compiled by Bloomberg shows.

  • 3 weeks ago | financialpost.com | Bill Lehane |Sherry Su

    Skip to ContentAdvertisement 1Where does a giant refinery in Nigeria, Africa’s largest oil producer, go to source the raw materials it needs to make fuels for the nation of 228 million people? Try crude fields around Midland in West Texas, about 6,500 miles away. Article content(Bloomberg) — Where does a giant refinery in Nigeria, Africa’s largest oil producer, go to source the raw materials it needs to make fuels for the nation of 228 million people?

  • 3 weeks ago | bloomberglinea.com | Grant Smith |Julian Lee |Bill Lehane

    Bloomberg — La OPEP elevó la producción de petróleo el mes pasado al tiempo que el grupo iniciaba una serie de aumentos acelerados impulsados por Arabia Saudí, según una encuesta de Bloomberg. Los 12 miembros de la Organización de Países Exportadores de Petróleo aumentaron el suministro en 200.000 barriles diarios en mayo, hasta los 27,54 millones de barriles diarios, según la encuesta. Los saudíes representaron cerca de la mitad del aumento.

  • 3 weeks ago | bloomberg.com | Grant Smith |Julian Lee |Bill Lehane

    Pipes feed crude oil to a tanker at the Ras Tanura oil refinery in Saudi Arabia. (Bloomberg) -- OPEC raised oil production last month as the group began a series of accelerated increases spurred by Saudi Arabia, according to a Bloomberg survey. The 12 members of the Organization of the Petroleum Exporting Countries boosted supplies by 200,000 barrels a day in May to 27.54 million barrels a day, the survey showed. The Saudis accounted for about half of the increase.

  • 1 month ago | rigzone.com | Grant Smith |Julian Lee |Bill Lehane

    OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela. Output from the Organization of the Petroleum Exporting Countries shrank by 200,000 barrels a day in April to 27.24 million a day, according to a Bloomberg survey. Venezuela accounted for about half of the decline as international producers such as Chevron Corp.

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Bill Lehane
Bill Lehane @Bill_Lehane
6 Jun 25

RT @business: The giant Dangote refinery in Nigeria, Africa’s largest oil producer, is sourcing more fuel from West Texas, about 6,500 mile…

Bill Lehane
Bill Lehane @Bill_Lehane
6 Jun 25

Where does Nigeria's giant Dangote refinery, Africa’s largest oil producer, go to source one third of its raw materials to make fuels for the nation of 228 million people? Try oilfields around West Texas, about 6,500 miles away. #oil #crude #Nigeria #OOTT https://t.co/M213Z7FdIj

Bill Lehane
Bill Lehane @Bill_Lehane
11 Mar 25

Nigeria’s @DangoteGroup oil refinery is drawing feedstock from across the world including the US, Angola and Algeria to add to its domestic deliveries as the mega-plant gradually ramps up, altering the region’s import and export outlook https://t.co/mwiQ3gJ4CA #nigeria #oil #OOTT