Trafigura signs US$500 million Zambia oil contracts

Image source: Trafigura.Zambia has awarded a US$500mn contract to commodities trader, Trafigura, to supply the country with petrol and diesel for one year

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South Sudan set to build US$3 billion Kenya pipeline

South Sudan Kenya oil pipeline 2South Sudan has invested in a US$3bn pipeline that will allow the newly-independent nation to export oil through Kenya’s Lamu port and reduce its dependence on Sudan

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Nigeria oil production reaches 2.7 million barrels per day

Nigeria oil production growth 2.7mnThe Nigerian National Petroleum Corporation (NNPC) has recorded a 300,000 bpd increase in crude oil production to the current 2.7mn bpd from the last-recorded rate of 2.4mn

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South Sudan to pay US$3 million compensation to Sudan

South Sudan and Sudan oil agreementSouth Sudan and Sudan have reached an agreement regarding the exportation and payment of oil between the recently-separated states

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South Africa ‘to keep importing oil from Iran’

oil barrelsSouth Africas energy minister has said that the country will continue to import crude oil from Iran, despite current US sanctions

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