A BP oil development project off the coast of Angola has overshot its budget by US$4bn after being delayed by more than a year

Global Oceon Engineers Nigeria Limited (OCEON), an onshore, offshore and subsea engineering design firm, has been named the third fastest growing private company in the West African country

The Liberia Petroleum Refining Company (LPRC) and Petro Trade/Sultan Steel, an importer and distributor of mixed gasoline, have signed a US$3.4mn deal that will aim to transform Ganta Oil Terminal into a state-of-the-art loading compound

BP South Africa will invest US$596mn over the next five years to improve oil refining and storage in its African operations, which will include the upgrading of South Africas largest oil refinery