Mozambique has announced that it will enter into a Memorandum of Understanding (MoU) with India for cooperation in the oil and gas sector for a period of five years
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Shell sells Nigerian oil block and pipeline
Shell has agreed to sell its Nigerian oil block and an associated pipeline to Nigerian-based Taleveras Group for US$2.5bn, said sources close to the matter
Dragon Oil set to takeover Petroceltic for US$789mn
Dragon Oil has announced that it has plans to buyout oil firm Petroceltic for US$789mn to boost exploration and output in North Africa and Kurdistan Region of Iraq
Nigeria to account for 31 per cent of African liquefaction capacity
Nigeria will account for 21.9 mmtpa or 31 per cent of African liquefaction capacity by 2018
Egypt to buy majority oil product imports from UAE
Egyptian General Petroleum Corporation (EGPC) will buy 65 per cent of its oil product imports from the UAE’s ADNOC for a year
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