No image available
/ 12 September 2007

Oil prices slip after record close

Oil prices slipped on Wednesday after finishing at a record close in the previous session on worries about tight supplies. Light, sweet crude for October delivery fell six cents to ,17 a barrel in Asian electronic trading on the New York Mercantile Exchange by late afternoon in Singapore.

No image available
/ 11 September 2007

Opec considers modest oil output rise

Opec was meeting on Tuesday to consider a modest rise in oil output proposed by Saudi Arabia and other Gulf Arab states in a gesture to consumers worried by the economic impact of oil and rapidly diminishing stocks. But the plan to add 500 000 barrels per day of oil had yet to convince all Opec ministers.

No image available
/ 7 September 2007

Climate scientist gives SA thumbs-up

The South African government’s attitude to global warming was very encouraging, chief scientific adviser to the British government David King said on Friday. The South African-born King, who is in the country for a series of ministerial meetings on a range of issues, also gave the thumbs-up to this country’s planned pebble-bed modular nuclear reactor.