Sonangol to increase fuel storage capacity in Cabinda
The Angolan National Oil Company (Sonangol) has announced to increase its stocking capacity in Cabinda from 15,300 cu/m of gas and diesel to 40,000 cu/m by 2018
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Global oil storage market set to reach US$17.22bn by 2023: TMR
The global oil storage market is expected to reach US$17.22bn at a compound annual growth rate (CAGR) of 4.2 per cent from 2017 to 2023, mainly due to burgeoning investments by major market players, according to Transparency Market Research (TMR)
NNPC's group managing director speaks out on anti-corruption fight in Nigerian oil industry
Dr Maikanti Baru, group managing director, Nigerian National Petroleum Corporation (NNPC) has advocated a zero-tolerance approach towards corruption across the corporation
Vivo Energy acquires Engen business in nine African countries
Vivo Energy Investments BV, a downstream petroleum company in the Netherlands, has acquired assets of South African Engen Oil in nine African countries
National Oil Company inaugurates strategic fuel reserves in Malawi
The National Oil Company of Malawi (NOCMA), together with the Malawi government, has inaugurated the strategic fuel reserves at Kanengo in Lilongwe
