The proposed facility represents Nigeria's largest oil-backed loan to date and Saudi Arabia's first major involvement in the ...

Borr Drilling faces challenges with Q1/2025 losses, suspended dividends, and market pressures. Read why I am downgrading BORR ...

Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan.

A new crude-for-loan deal between the Federal Government and Saudi Arabian oil company Aramco, worth $5bn, has stalled and is struggling to reach an ...

By Obas Esiedesa, Abuja The Federal Government yesterday said no final decision has been taken on the reported plan to obtain ...

Reuters has reported that global oil price dip and supply worries are delaying Nigeria’s $5bn oil-backed loan from Saudi Aramco ...

The move by the Nigerian government to secure a $5 billion oil-backed loan from Saudi Aramco is facing a major hurdle due to ...

The top oil and gas companies supporting the global energy system and economies worldwide include Saudi Aramco, ExxonMobil, Chevron, PetroChina and Shell ...

The Federal Government’s plan to obtain a $5 billion oil-backed loan from Saudi Arabian oil company, Aramco has been hampered ...