MRS and Capital Oil and Gas reported to government bodies over illegal fuel sale

Petrol pump mp3h0354Nigerian National Petroleum Corporation (NNPC) has reported MRS Limited and Capital Oil and Gas Limited to the Department of State Services, the DSS, and the Economic and Financial Crimes Commission over the illegal sale of 130mn litres of Petrol 

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Sasol group are to begin oil production in Mozambique within three years

macauhub.28.2.2017.470Sasol Group should begin extracting oil in Mozambique within two or three years, following the discovery of hydrocarbons in two wells off the shore of Inhambane province, said Sasol executive director Stephen Cornell

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Lake Oil cleared to acquire petroleum retail business Hashi Energy

lake oil 51Tanzania's energy firm Lake Oil has been cleared and is set to acquire the petroleum retail business of Hashi Energy, adding to Lake Oil's existing gas distribution business in Kenya

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TechSci: African industrial valve market to surpass US$4bn by 2021

valves 495377 1920According to a recently published TechSci Research report "Africa Industrial Valves Market By Type, By End User, By Country, Competition Forecast and Opportunities, 2011 - 2021", industrial valves market in Africa is forecast to surpass US$4bn by 2021

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West African nations are flooding Asian markets with crude as Angola becomes top exporter

Angola in AfricaFebruary 2017 was the largest amount of crude sent from West African oil producers to Asia in the last five year

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