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Oil rises above $120 on Libya jitters

04 Apr 2011 20:14 - Staff Reporter
Oil prices rose above $120 a barrel in London trade on Monday, for the first time in two and a half years, as nerves over the conflict in Libya grew.
Mthombo: A white elephant in the making

Mthombo: A white elephant in the making

11 Mar 2011 15:06 - Jeremy Wakeford
In the face of falling oil supplies and rising prices PertoSA's planned oil refinery will run into trouble.
Libya rebels defend oil port but beg West for help

Libya rebels defend oil port but beg West for help

07 Mar 2011 14:23 - Danny Kemp
Ras Lanuf has done well from Libya's oil boom since Gaddafi nationalised the former Mobil terminal as part of his "people's revolution".

New-found oil set to change Uganda's economy

14 Feb 2011 13:13 - Ben Simon
Whoever wins this week's presidential election in Uganda will have to manage national reserves of 2,5-billion barrels of oil.

Ghana to begin pumping its first oil

15 Dec 2010 09:25 - Staff Reporter
Ghana starts production on Wednesday from one of the largest recent oil discoveries in West Africa, transforming it into a significant oil-producer.

Nigerian military prepares to hand over oil hostages

18 Nov 2010 12:51 - Austin Ekeinde
Officials from oil and construction firms gathered at an air force base in Port Harcourt on Thursday for the handover of 19 hostages.

Nigeria marks 15 years since execution of Saro-Wiwa

10 Nov 2010 13:55 - Joel Olatunde Agoi
Nigeria marked 15 years since the execution of activist Ken Saro-Wiwa and his campaign against the oil industry drew the world's attention to abuses.
Oil rush to Greenlanders' heads

Oil rush to Greenlanders' heads

28 Sep 2010 09:55 - Terry Macalister
Many hope the arrival of Big Oil will transform their lives. But few consider at what price.

Oil discovered off shore from Mozambique

17 Aug 2010 15:26 - Staff Reporter
A company has discovered offshore oil deposits in Mozambique, but studies are still under way to determine if they are commercially viable.

Opec holds oil-demand forecast steady

09 Jun 2010 14:57 - Staff Reporter
Opec says Europe's debt crisis and an oversupply of crude in the market are weighing heavily on crude demand in the second half of the year.

We can act now, or wait for nature to simplify the system

20 Apr 2010 08:09 -
As the bank crisis and now the volcano shows, the world needs simpler, less inter-connected societies -- and fast.

Zuma in Kampala with eye on Ugandan oil sector

25 Mar 2010 11:25 - Staff Reporter
SA President Jacob Zuma has arrived in Kampala for a two-day state visit, heading a large delegation expected to explore investment opportunities.

Oil prices fall as Opec maintains output levels

22 Dec 2009 15:40 - Staff Reporter
Oil prices fell on Tuesday as Opec decided at a meeting against changing the cartel's official crude output levels, in a widely expected move.

Opec oil price stable ahead of Angola meeting

21 Dec 2009 12:22 - Staff Reporter
The oil price of Opec stood nearly unchanged at $71,78 at the end of last week, the cartel said on Monday, ahead of its conference in Angola.

Iran troops withdraw from Iraq oil well

20 Dec 2009 10:11 - Staff Reporter
Iranian troops who for three days controversially occupied a disputed border oil well left the facility during the night but remain on Iraq's soil

Oil companies get Iraq fields

20 Dec 2009 10:15 - Staff Reporter
Oil companies from across the globa will gain lucrative oil fields in Iraq as the embattled country signs preliminary contracts.

Nigeria destroys 600 illegal oil refineries

16 Dec 2009 10:35 - Segun Owen
Nigeria's military has destroyed about 600 illegal oil refineries in the Niger Delta and arrested seven oil thieves, the military said on Tuesday.

World oil prices recover slightly as Dubai woes ease

30 Nov 2009 12:26 - Staff Reporter
World oil prices perked up on Monday as investor worries over Dubai's debt crisis receded, analysts said.

Africa's new 'boat people' set sights on oil-rich Equatorial Guinea

09 Nov 2009 10:57 - Fiacre Vidjingninou
After a four-week ocean journey to nowhere, Raimi was tired and disillusioned on return to Benin's port of Cotonou.

Where has all the oil gone?

30 Oct 2009 06:00 - Ashley Seager
The supply and demand gap is growing far faster than originally predicted, which begs the question: where to from here? Ashley Seager reports.

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