Anglo-Dutch oil explorer Shell will acquire British gas producer BG Group for US$69.7bn in cash and stock, both companies have announced
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Ethiopia to build 160 oil depots to address fuel shortage problem
Ethiopian Petroleum Supply Enterprise (EPSE) has announced that it will built 160 oil depots across the country to resolve the occasional shortage of petroleum
NOIC acquires US$3.6mn fuel depot in Zimbabwe
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’s oil exports hit 2.05mn bpd in 2014
Nigeria exported 2.05mn bpd of crude oil and condensate to Europe and India last year, according to International Energy Agency (IEA)
Dutch company Fugro expands oil and gas business in Ghana
Netherlands-based oil and gas company Fugro in partnership with Lima Oil Services has established a new firm Fugro Ghana in a bid to continue its expansion plans in Africa
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