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 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
UK-listed Sirius Petroleum has signed an offtake deal to supply Glencore Energy with crude oil from its near-term production projects offshore Nigeria
The Nigerian National Petroleum Corporation (NNPC) has announced that the country’s premium motor spirits (PMS) refining capacity currently stands at 10,230 cubic metres per day
Equatorial Guinea has confirmed that it will make announcements on the next oil blocks to be put up for sale at the annual EG Gas Conference in Malabo in June 2013
