Oil prices tumble as markets shrug off Iranian rebuttal to US
New York – Crude oil prices slid more than seven percent Monday while Wall Street stocks advanced after markets... Read more
24 Jun
Oil panic after US hits Iran — SA warned: brace for brutal petrol hikes
Cape Town – Oil prices surged on Monday following U.S. airstrikes on Iran’s nuclear sites, raising global fears of... Read more
23 Jun
Stocks drop, oil gains as Mideast unrest fuels inflation fears
London – Stock markets mostly fell Thursday while oil prices rose as the Israel-Iran conflict added to fears over... Read more
20 Jun
Ghana president tells firms to pump oil ‘like there’s no tomorrow’
Abidjan – Ghana’s President John Mahama on Tuesday urged global firms to ramp up crude oil production in the West... Read more
14 May
Top uranium producer Namibia to open talks on nuclear energy plant
Windhoek – Leading uranium producer Namibia will this year launch talks on its first nuclear energy plant as it... Read more
25 Apr
Militant groups claim attacks on Nigerian oil facilities
Lagos – Two militant groups in Nigeria’s oil-rich southern delta region on Sunday claimed responsibility for recent attacks on... Read more
14 Apr
Nigerian president sacks board of state oil company
Lagos – President Bola Tinubu dismissed the entire leadership of Nigeria’s state-run oil company Wednesday, naming a former Shell executive... Read more
3 Apr
Major fuel shortage hits black gold producer Niger
Niamey – Petrol station attendant Amadou Sani gesticulated to approaching motorists in Niamey to keep going because the garage... Read more
11 Mar
Oil spill unchecked in Nigeria’s delta region – activists
Lagos – Oil has spilled for weeks in Nigeria’s delta region from a well apparently damaged by thieves and... Read more
22 Jan
Libya oil chief quits for ‘urgent’ health reasons – statement
Tripoli – The chairman of Libya’s National Oil Corporation, Farhat Bengdara, has resigned for “urgent” health reasons, the NOC... Read more
17 Jan
