The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has disclosed that the country loses US$6bn annually to crude oil theft
Oil theft losses in Nigeria 'amount to US$6 billion annually’
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Ethiopia imports US$1 billion worth of fuel from Sudan over six months
The Ethiopian Petroleum Supplier Enterprise (EPSE) has said that Ethopia imported petroleum worth more than US$1bn over the last six months from neighbouring Sudan via the port of Djibouti
South Africa and China sign oil deal
South African state oil company PetroSA and China’s Sinopec Group have signed an agreement to boost exploration activity across Africa and to set up an oil refinery
Shell Nigeria to temporarily shut Nembe oil pipeline
Shell Nigeria has said it will shut down its 150,000 bpd Nembe Creek oil pipeline temporarily in April 2013
Wood Group bags multiple African contracts
Energy services company Wood Group has secured 11 contracts in Africa within the last 12 months totalling approximately US$240mn worth of business for the company
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