Shoreline Group, a Nigerian company with interests from oil production to rope-making across six African countries, plans to sell $2 billion in debt to buy crude and gas assets on the continent, which may include pur ...
In Iran’s push for a nuclear deal, it’s had few better allies than Moscow. But if an agreement is reached this week, President Vladimir Putin’s regime will have at least one reason to reflect on its support.
Brent crude oil has fallen below $US60 a barrel due to concerns that the Greece crisis may stifle economic growth while also driving up the value of the US dollar.
Brazil’s congress is likely to pass a landmark bill that could ease financial pressure on state-controlled oil company Petrobras by opening the country’s biggest offshore oil discoveries to greater foreign and privat ...
UAE-based Future Pipe Industries Group said one of its member companies Gulf Eternit Industries, has commissioned a 176,720-sq-m manufacturing unit in Dubai for the production of fibreglass pipes and fittings for the ...
Lawmakers shouted down Tanzania's energy minister as he tried to open a debate on what they called rushed reforms to the petroleum and gas sector on Friday, forcing the speaker to abandon the session.
Strong economic growth in Mozambique is supported by major investments in the coal mining and natural gas sectors but stricter control over state-run firms is necessary, the International Monetary Fund said on Thursday.