oil

 
Europe's energy giants reap benefits of oil price surge
Europe's energy giants reap benefits of oil price surge
Anglo-Dutch energy giant Royal Dutch Shell, French peer Total and Spain's Repsol on Thursday logged surging second-quarter net profits on the back...
Libya government: Oil exports by rival administration 'illegal'
Libya government: Oil exports by rival administration 'illegal'
Libya's UN-backed government warned on Tuesday that any new attempt by a rival administration in the east to export oil independently will be...
Looting of Africa calls for action
Looting of Africa calls for action
A new World Bank report, The Changing Wealth of Nations 2018, documents Africa’s impoverishment by the rampant extraction of minerals, oil and...
Energy minister slips up on oil plan
Energy minister slips up on oil plan
Minister of Energy Mmamoloko Kubayi is backtracking on the investigation into the sale of the country’s oil reserves, say highly placed sources....
'New' oil rebels spring from the old
'New' oil rebels spring from the old
The Niger Delta Avengers, a militant group that has been attacking Nigeria’s oil infrastructure since early this year, is anything but new,...
Low oil prices: An opportunity to set democratic frameworks 
for governing oil resources
Low oil prices: An opportunity to set democratic frameworks for governing oil resources
How do governments respond to the historically low oil prices? Could current price levels contribute to lowering the opportunities for corruption...
Low oil prices put traders in clover
Low oil prices put traders in clover
Even in the closely knit energy industry they are virtually unknown. On the streets of Geneva, London and Houston they go unrecognised. Yet a...
#PanamaLeaks: Khulubuse Zuma responds
#PanamaLeaks: Khulubuse Zuma responds
Controversial tycoon Khulubuse Zuma has spoken out on his link to the so-called Panama Papers – a tranche of millions of leaked financial...
Tanker prices hint at receding global oil glut
Tanker prices hint at receding global oil glut
One of the warning lights that there’s too much oil around is no longer flashing, adding to signs that global crude markets are finally on the...
Commodities on a slippery slope
Commodities on a slippery slope
As leaders of some African countries brace themselves for a rocky financial year, they might reflect ruefully on the words of Polish author Ryszard...
US oil production beats drill chill
US oil production beats drill chill
The Energy Information Administration (EIA) cut its United States crude production outlook for this year and next, as lower prices reduce the number...

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