SA Iranian oil imports soar in February

2012-04-02 10:47

Customs data show imports of crude oil surged after dropping to zero in January, contradicting the view that SA has bowed to US pressure to cut links with Iran.

SA suspends Iran oil imports

2012-03-22 14:39

The government says "very little" Iranian oil is being imported into SA and that it intends to abide by a US request to significantly curb purchases.

Sasol eyes next gas acquisition

2012-03-12 17:05

Petrochemicals giant Sasol says it is scouting North America for its next gas buy.

Geithner seeks China support against Iran

2012-01-10 16:16

US Treasury Secretary Timothy Geithner aims to shore up backing for tougher sanctions against Tehran during a visit to China, the largest consumer of oil from Iran.

Nigeria scraps fuel subsidies

2012-01-02 13:14

The Nigerian government has cancelled fuel subsidies, a move likely to spark strikes and protests.

Libyan oil port resumes operations

2012-01-02 12:21

Libya's al-Sedr port, which was closed during the civil war, is expected to see its first oil shipment sail soon.

Sasol plans R40bn capex over next 2 years

2011-11-11 17:22

Sasol says it aims to spend R40bn on growth projects in SA over the next two years.


Obama: Iran conflict adds $20 to oil price

2012-03-23 17:30

US President Barack Obama says the tensions with Tehran are causing the price of oil to spike an added $20 or $30, pushing up fuel prices.

SA plans to cut Iran oil imports

2012-03-13 14:03

Energy Minister Dipuo Peters says SA hopes to have a plan by the end of May to replace Iranian crude on which it relies heavily.

Iran could ban EU oil exports next week - MP

2012-01-27 12:46

Iran's parliament is to debate a law that could stop oil exports to the European Union as soon as next week, says an MP.

Nigerians strike over fuel subsidy cut

2012-01-09 14:01

Nigerian unions started an indefinite strike to protest against the government's scrapping of fuel subsidies.

Iran test-fires long-range missiles

2012-01-02 12:35

Major oil producer Iran has again caused jitters after it said it had successfully test-fired two long-range missiles in the Gulf.

Afghanistan signs major oil deal with China

2011-12-28 13:08

Kabul signed a deal with China National Petroleum Corp for the development of oil blocks, expected to earn the war-torn state billions of dollars over two decades.

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