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Latest South Africa Oil & Gas News

  • The flipside of commodity bull run hits consumers hard 16 May 2008 10:29 GMT
    ... In previous commentaries on inflation, we have warned that global ... changes in diets and increased diversion of oil seeds into fuels certainly does not help ... possibly for longer than most anticipated. The South African Reserve Bank's (SARB) decision on interest rates ...

  • Gold edges up in Asia as dollar falls 16 May 2008 10:27 GMT
    ... Gold rose on Friday, buoyed by firm oil prices, but investors were careful about taking large ... was also firmer amid speculation precious metals refiner Johnson Matthey (JMAT.L: ) may release another ... the back of the power problems in South Africa." Spot platinum firmed to $2,098/2,113 an ounce ...

  • Keen On Business, China is Yet to Flex Its Formidable Military Muscle 16 May 2008 10:24 GMT
    ... docked at the port of Durban in South Africa last month with three million rounds of ... April 2007, nine Chinese and 65 Ethiopian oil engineers were killed during an assault on ... oil exploration site operated by Sinopec's Zhongyuan Petroleum Exploration Bureau in the Ogaden region of ...

  • Afdb 2008 Annual Meetings End in Maputo 16 May 2008 10:16 GMT
    ... The Annual Meetings of the African Development Bank (AfDB) Group ... context marked by a sudden rise in oil prices and a record rise in food ... adding that negotiations were under way with South African authorities on the establishment. ...

  • Africa: Keen On Business, China is Yet to Flex Its Formidable Military Muscle 16 May 2008 10:16 GMT
    ... docked at the port of Durban in South Africa last month with three million rounds of ... April 2007, nine Chinese and 65 Ethiopian oil engineers were killed during an assault on ... oil exploration site operated by Sinopec's Zhongyuan Petroleum Exploration Bureau in the Ogaden region of ...

  • Let Hope Not Blind Us to Mugabe's Ruthlessness 16 May 2008 08:04 GMT
    ... HOPE springs eternal. For Zimbabweans, it is the only ... arms for Mugabe but barred entry by South African dock workers, and even the Angolan government. ... an asset greater than diamond mines or oil-fields could ever be. ...

  • Government Inflation Data at Odds with Reality 16 May 2008 07:54 GMT
    ... basket of corn, coffee, cotton, soybeans, soybean oil, sugar, and wheat, was up 40% in ... and coal, there is a chance that South Africa might erase last year’s $5.5 billion trade ... grapples with soaring oil prices. Still, the South African rand is roughly 15% lower against the ...

  • Book of the Week: Not Such A Peach 16 May 2008 06:39 GMT
    ... What is the most fundamental rule in life? Well, according to ... have naïve Frankie Willis, a stunning 25-year-old South African, who's determined to see the world, but ... Yuri Khordinsky. Yuri owns most of Russia's oil and gas reserves - not to mention ...

  • VIETNAM PLANS MORE EXPORTS TO AFRICA & THE MIDDLE EAST 16 May 2008 06:37 GMT
    ... million to India and US$184.9 million to South Africa . According to the ministry's Department ... competitive goods from these regions such as petroleum and chemicals from Kuwait and Saudi Arabia, ...

  • VN plans more exports to Africa, Mideast 16 May 2008 06:37 GMT
    ... USD to India and 184.9 million to South Africa . According to the ministry?s Department ... competitive goods from these regions such as petroleum and chemicals from Kuwait and Saudi Arabia ...

  • South African Markets - Factors to watch on May 16 16 May 2008 06:07 GMT
    ... market moves and political events may affect South African markets on Friday. Asian stocks rose cautiously ... the dollar steadied against the yen and oil prices hovered below record highs, offering a ... a story, please double click on [ID:nL1662057]. South Africa's stock indices surged to record highs on ...

  • Let hope not blind us to Mugabe's ruthlessness  16 May 2008 05:48 GMT
    ... HOPE springs eternal. For Zimbabweans, it is the only ... arms for Mugabe but barred entry by South African dock workers, and even the Angolan government. ... an asset greater than diamond mines or oil-fields could ever be. Zimbabweans must keep their ...

  • The JSE's new top dog 16 May 2008 05:45 GMT
    ... reflects increasingly less of what's happening in South Africa. There is a growing lobby which aims ... linked to the underlying performance of the South African economy. BHP Billiton's combined market capitalisation on ... titanium minerals, along with substantial interests in oil, gas, liquefied natural gas and diamonds. BHP ...


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