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Exploration

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

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 

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

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