Especially in times of unpredictable oil price fluctuations over the recent years, tank terminals are experiencing a boisterous development. All over the world new tank terminals have been built and more are planned, to meet the growing demand for crude, and refined oil products
Exploration
Exxon to negiotate US$74bn fine from Chad
In October, the High Court of Chad ruled that Exxon Mobil must pay a fine of US$74bn for failing to meet tax obligations and withholding royalties
Oando group CEO global and African perspectives at ADIPEC
Wale Tinubu, group CEO of Oando, addressed the ADIPEC conference, held in Abu Dhabi this week, on the challenges and opportunities facing the Nigerian oil and gas industry
Lekoil CEO optimistic about African oil and gas prospects
Olalekan Akinyanmi, CEO of Lekoil, talked about developing corporate assets in the continent in his presentation to Africa Oil Week and in an exclusive interview with Oil Review Africa
OMV optimistic about Madagascar oil prospects
John Austin, general manage, Sub Saharan Africa, for OMV has spoken positively about the possibility of the Grand Prix offshore block going into production in the coming years