Nigeria Increasing Efforts against Oil Vandals

• Wednesday, 27th January 2016
• by Egypt Oil & Gas

Nigerian officials are implementing greater measures to combat theft and vandalism of Nigeria’s oil pipelines, Platts reported. Thieves steal an estimated 250,000 b/d of oil and an estimated $6b a year in revenue – cr...

Tanzania’s Tanesco Records $63m in Losses in 2015

• Monday, 28th December 2015
• by Egypt Oil & Gas

Tanzania’s national power utility Tanesco recorded a loss of over $63.978m (Sh200m) in 2015, believed to be inflicted mainly due to illegal connections of power supply and evasion of power payments, occurring in...