Japan will provide US$2bn worth of financial support over the next five years to back Japanese companies’ resource development projects in Africa
Japan to invest US$2 billion in African projects
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Total takes over Shell’s retail network in Egypt
French oil and gas company Total has acquired Royal Dutch Shell’s fuel retail network in Egypt as part of its strategy to strengthen its distribution position in the country and across the wider region
India becomes largest importer of Nigerian crude
India is now the single largest importer of Nigeria’s crude, surpassing the US and accounting for around 17 per cent of exports from the West African country, according to analysis by energy research firm Platts
Solo Oil and Pan Minerals & Oil sign MoU for West Africa onshore projects
Solo Oil has signed a Memorandum of Understanding (MoU) to acquire 15 per cent shareholding in Swiss-based Pan Minerals & Oil AG to assist the latter in existing production agreements onshore West Africa
Sirius Petroleum and Glencore Energy sign Nigerian offtake deal
UK-listed Sirius Petroleum has signed an offtake deal to supply Glencore Energy with crude oil from its near-term production projects offshore Nigeria
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