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)
Dr Maikanti Baru, group managing director, Nigerian National Petroleum Corporation (NNPC) has advocated a zero-tolerance approach towards corruption across the corporation
Vivo Energy Investments BV, a downstream petroleum company in the Netherlands, has acquired assets of South African Engen Oil in nine African countries
The National Oil Company of Malawi (NOCMA), together with the Malawi government, has inaugurated the strategic fuel reserves at Kanengo in Lilongwe
The Hungarian government has indicated interest to purchase crude oil and liquefied natural gas (LNG) from Nigeria
