Instability around crucial projects leaves them stalled, while Frelimo’s inability to accept its leadership failures is preventing long-term solutions to the conflict
As the demand for oil shrinks and prices collapse, Africa’s petro states — the likes of Angola, Nigeria, Egypt and Equatorial Guinea — will be left with massive holes in their budgets
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Biggest players in the game show signs of recovery but a low-carbon future may threaten fossil fuel
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Corporations and banks that aided the apartheid regime have not been brought to book, so they continue to act with impunity
The push by Wentworth residents for Engen to give them a stake in the company has prompted it to take them to court to halt their protests
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/ 2 November 2007
Africa’s state-owned oil firms are taking a bigger role in the rush to tap the continent’s energy resources and threatening to upstage the Western majors who have dominated exploration and drilling for decades. Governments from Luanda to Lagos are pushing for greater control and laying down increasingly stringent rules for the international firms.
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/ 20 September 2007
Oil prices kept rising on Thursday after reaching record highs in the previous session on United States refinery outages and declines in US oil inventories. A decline earlier in the day was reversed in part by worries over a potential tropical-storm threat to oil and gas installations in the Gulf of Mexico, analysts said.