People who are disappointed with the ANC don't see opposition parties as offering an alternative, writes Mbhazima Shilowa.
The cost of coronavirus to global oil markets came into sharp focus Thursday as the International Energy Agency forecast a dip in global oil demand.
In the wake of the US killing of the Iranian general who led the Revolutionary Guards’ Quds force, the big question hanging over the market is whether Iran will target oil in its response.
Africa might be a continent rich in oil and gas resources, but nearly half of its people still don’t have access to electricity. Countries like Senegal serve as a reminder of the potential for growth when these resources are effectively utilised to develop the energy sector.
The confusion wrought from the abrupt military repositioning also comes shortly after artillery rounds landed near US troops.
Sasol’s joint CEOs, Bongani Nqwababa and Stephen Cornell, have agreed to resign after an independent review into the company’s disastrous US project.
Saudi Arabia's crown prince warns in a 60 Minutes interview that oil prices could spike over tensions with Iran, and denies involvement in the killing of journalist Jamal Khashoggi nearly one year ago.
The US and Saudi Arabia are looking for evidence proving Iranian culpability as the two countries weigh their responses to the debilitating attacks.
'We will continue to fulfill our mission of providing the energy the world needs,” Aramco's head told employees.
Drones have been used in attacks on Saudi airports, water facilities, and oil pipelines this year. Leaders knew their country was vulnerable.
Trump said it's "looking" as though Iran is responsible for the Saudi oil field attack but said he doesn't "want war with anybody."
Gold punched above $1,600 for the first time since 2013, and oil spiked. But the gains fizzled. "They've barely scratched the US," says an analyst.
The climate crisis was the unexpected guest at this week's gathering of the OPEC bloc of oil producers and its allies.
Aramco's prospectus will be used to market shares before individual investors begin bidding on the stock on November 17.
Fuel prices are set for slight drops across the board in the wake of oil price retreats in October, according to the AA.
Saudi Aramco showed it has made significant progress in restoring damaged oil infrastructure to normal operation just a month after a devastating aerial attack halted production. But work remains to be done.
"Only a fool would attack 5% of global supplies," he told CBS. "The only strategic goal is to prove that they are stupid and that is what they did."
The past week's sudden surge in oil prices brought to mind the nightmare of shortages, but it's not too likely motorists will be queueing to fill up around the world, analysts say.
Billionaire oil baron Harold Hamm just had a very big day.
The US is publicly and in leaks to the press making the case that Iran struck Saudi oil sites, but it remains unclear what the next step will be.
Iran-backed Houthi rebels in Yemen claimed responsibility for the attack, but the US and Saudi Arabia are disputing that.
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