Nigeria’s state oil company signed a preliminary agreement to end a dispute with two energy companies over oil exports, signaling a move toward resolving similar disagreements with other oil majors on revenue from several offshore oil fields. The Nigerian National Petroleum Corp. said in a statement on Twitter it signed a deal Thursday with China’s Cnooc Ltd. and Lagos-based South Atlantic Petroleum Co. to settle disagreements over the production-sharing contract signed on Oil Mining Lease 130. NNPC, as the state oil company is known, previously alleged “under-declarations” of crude exports by the companies between ... (full story)