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/ 29 September 2005

Oil prices rise amid refinery worries

World oil prices pushed upwards on Thursday as the market focus remained on United States refineries, many of which are struggling to restart production after recent hurricanes in the US Gulf of Mexico. New York’s main contract, light sweet crude for delivery in November, added seven cents to ,42 per barrel in electronic trading.

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/ 29 September 2005

‘Where are we going to find our new oil?’

Global energy demand is expected to grow 50% over the next 25 years, driven by strong economic growth in India and China, a top ExxonMobil executive said on Thursday. "We expect sustained economic growth, just under three percent a year… rising personal income and standards of living especially in Asia," said Kwa Chong Seng, ExxonMobil Asia Pacific’s chairperson and managing director.

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/ 29 September 2005

Johannesburg electricity boss to quit

Johannesburg’s City Power chief executive, Mogwailane Mohlala, will leave the utility in January, a spokesperson confirmed on Thursday. The announcement comes shortly after the National Electricity Regulator released a report critical of the company and repeated power outages in the city.

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/ 29 September 2005

Kenya suspends elephant relocation

The Kenyan Wildlife Service on Wednesday suspended the relocation of elephants from an overcrowded coastal reserve to a more spacious park in order to monitor their resettlement and avoid bad weather, officials said. The operation began in August to move 400 animals from Shimba Hills National Reserve to Tsavo East National Park.

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/ 29 September 2005

Somaliland hopes for world recognition

Voters in Somalia’s breakaway republic of Somaliland cast ballots on Thursday to elect lawmakers amid hopes the exercise will bring them international recognition as a sovereign state. About 800 000 of Somaliland’s estimated 3,5-million people are eligible to vote in the election.

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/ 29 September 2005

Apple embarrassed over iPod glitch

In an embarrassing public-relations glitch, Apple on Wednesday admitted a flaw in its new iPod nano music players, saying that a small number of units have screens that could crack easily. The announcement sent shares of the company down by about 5% at one point on Wednesday when they touched ,70 from ,44.

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/ 29 September 2005

Theories abound over Kebble’s death

Theories and speculation on why and how mining magnate Brett Kebble was killed on Tuesday this week abounded in South African media on Thursday. Newspapers probed Kebble’s diamond interests in Angola and Lesotho, assassination theories and his tax affairs, while police said why they think he was killed in a botched hijacking.