South Sudan has invested in a US$3bn pipeline that will allow the newly-independent nation to export oil through Kenya’s Lamu port and reduce its dependence on Sudan
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Nigeria oil production reaches 2.7 million barrels per day
The Nigerian National Petroleum Corporation (NNPC) has recorded a 300,000 bpd increase in crude oil production to the current 2.7mn bpd from the last-recorded rate of 2.4mn
South Sudan to pay US$3 million compensation to Sudan
South Sudan and Sudan have reached an agreement regarding the exportation and payment of oil between the recently-separated states
South Africa ‘to keep importing oil from Iran’
New era for Nigeria’s oil industry hailed
The deputy chief executive officer of Seven Energy International, Kola Aluko, has described the recent deal to increase Nigeria’s crude oil refining capacity as “a crucial step forward” for the country