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Algeria sees state carrier’s losses from coronavirus at $272 million this...

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Algeria, already under financial pressure after a fall in energy earnings, expects state carrier Air Algerie’s losses from the coronavirus pandemic to reach 35...

Insight: Funds and refiners ponder oil Armageddon, war on Iran

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Oil consuming nations, hedge funds and big oil refineries are quietly preparing for a Doomsday scenario: An attack on Iran that would...

Technocrat “oil man” takes charge of Libya lifeline

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Libya's new oil minister is seen as the right kind of technocrat, deeply experienced yet not too closely tied to the former...

Tripoli’s new normal – bickering politicians

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Less than a month after Muammar Gaddafi's fall, Tripoli is bustling. Shoppers throng markets. Banks are open. Electricity and water are back,...

Nigeria begins rehab for ex-oil rebels

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Nigeria is expected to begin rehabilitating hundreds of former militants in the Niger Delta this week, raising hopes for improved security in...

Algeria to invest to spur no-oil growth

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The Algerian cabinet has approved a five-year investment plan worth $286 billion as part of efforts to diversify its economy away from...

Nigeria’s acting leader signs local content oil bill

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Nigeria's acting president signed into law an oil industry bill that gives domestic firms priority in the award of oil blocks and...

World oil demand to hit record high this year: IEA

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Global oil demand will hit a record high this year, the International Energy Agency (IEA) said, revising up consumption estimates as the...

Nigeria bombing will not stop amnesty programme

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Bombing by Nigeria's biggest militant group in its oil delta this week will not derail an amnesty deal meant to restore security...

Oil majors warn Nigeria on planned industry reforms

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Nigeria's proposed oil industry reforms could drive away billions in investment, slow development of deep water reserves, and help Angola eclipse it...

COMPANY NEWS

Communicate don’t abrogate!

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The senior officer cadre of the SA National Defence Force (SANDF) communications component, officially the Directorate: Corporate Communication (DCC), employed a barely plausible excuse...