Key Points The strategic alignment between Riyadh and Abu Dhabi, both of which have become increasingly active on the world stage, is evident in a number of areas. But conflicting interests have cropped up in recent months that preceded the recent OPEC rift. Competition between the two major Arab economies “is bound to intensify in […]
Key Points The world’s largest oil and gas majors are seeking to lure back investors by returning more cash to shareholders. Market participants, particularly those looking to the long term, remain highly skeptical. “Day traders may reap short-term profits, but serious long-term investors have concluded that the old energy of the past — oil and […]
Cape Town – Overall, South Africa is in a comfortable position regarding food production, according to Wandile Sihlobo, head of agribusiness intelligence at Agbiz.
Saudi Arabia and Russia have agreed that OPEC and non-OPEC allies should announce an extension of the cuts at the highly-anticipated meeting in Vienna on November 30, Bloomberg reported on Friday, quoting people involved in the talks.
Shell Nigeria has lifted the latest force majeure off its Bonny Light exports, which was introduced a month ago after a leak was discovered in one of the two pipelines that carry the grade to the company’s Bonny export terminal.
The Ministry of Petroleum Resources has earmarked N610 million for the implementation of the Seven Big Wins, a programme designed by the Ministry to reform the petroleum industry.
Nigerian National Petroleum Corporation, NNPC, plans to lift the force majeure on Nigeria’s Bonny Light crude next month.
Higher international fuel prices and the weakening of the rand against most major currencies have increased the probability of local fuel prices increasing in August.
In a statement, the association urged farmers to conduct regular checks of their lands.
Cape Town – The Department of Agriculture, Forestry and Fisheries (DAFF) has announced the suspension of its director general, Mike Mlengana.Mlengana has been suspended with immediate effect pending an internal investigation into alleged misconduct, the department said in a statement on Wednesday.”The suspension is a precautionary measure and does not in any way constitute a […]
When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.
