Anglo-Dutch oil explorer Shell will acquire British gas producer BG Group for US$69.7bn in cash and stock, both companies have announced

Ethiopian Petroleum Supply Enterprise (EPSE) has announced that it will built 160 oil depots across the country to resolve the occasional shortage of petroleum

State-owned National Oil Infrastructure Company (NOIC) has acquired a fuel depot in Zimbabwe’s Bulawayo city for US$3.6mn as it moves to push its products in southern and western regions of the country

Nigeria exported 2.05mn bpd of crude oil and condensate to Europe and India last year, according to International Energy Agency (IEA)