Cameroon’s oil output rose 15 per cent year-on-year to 22.69mn barrels by the end of October 2014, according to National Hydrocarbons Corporation (SNH)
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Ethiopia to invest US$1.4bn in petroleum pipeline project
Ethiopia would spend US$1.4bn to build a petroleum pipeline from the Port of Djibouti to a storage facility in order to reduce the cost of transportation in the country
Mozambique and India sign MoU for oil and gas cooperation
Mozambique and India have signed a memorandum of understanding (MoU) to work together to enhance capacity building in the oil and gas sectors
India to build oil storage terminals in Mauritius
Mauritius and India have recently signed a Memorandum of Understanding (MoU) for Indian Oil Corporation (IOC) and Mangalore Refinery and Petrochemicals Limited to set up oil storage terminals in the island country
SPDC completes sale of OML24 in Nigeria
Shell Petroleum Development Company of Nigeria Limited (SPDC) has sold its 30 per cent interest in Oil Mining Lease 24 (OML24) in Eastern Niger Delta to Newcross Exploration and Production Limited for US$600mn
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