Oil Reserves
latest news & developments
Fuel fund loses appeal on refunding buyers of South Africa’s oil reserves
The appellate court said the Strategic Fuel Fund tried to play the victim when it was the author of the tainted sale of the country’s entire crude oil reserves
Stop oil and gas drilling in Namibia’s Kavango Basin immediately — Anglican Church
Thirty-four bishops and three archbishops decry exploratory drilling as a ‘sin’ against the Earth
Controversial oil reserves sale ‘corrupt’ and ‘dishonest’ court hears
The sale of South Africa’s crude oil reserves is now facing a criminal investigation by the Hawks
The silver lining in Ali Bongo’s power grab in Gabon
The country’s constitutional changes mirror trends where incumbents have tinkered with their constitutions, but change will come
French outfit hunts for oil, gas off KZN coast
A French exploration company is planning to hunt for oil and gas in a 121 000 square kilometre area off the KwaZulu-Natal coast next year.
Namibian oil and the Dutch disease
On July 6 the Namibian minister of mines and energy, Henry Isak Katali, announced the discovery of oil reserves off the southern Namibian coast.
Alarm raised over Saudi ‘peak oil’
US envoy warns that reserves are perhaps 40% overstated and the kingdom won’t be able to keep prices down.
Oil find sparks new hope for Uganda
The discovery of vast oil reserves has sparked excitement across Uganda, but has brought a touch of anxiety as well.