Italy Police Probe Oil Firm's Nigeria Deals

Updated: Mon 7 Jul, 09:37 am

Italian police have raided the headquarters of the oil company ENI, Italy's largest oil company, as part of a new investigation into its role in acquiring the Nigerian oil block OPL 245. read more »

South Africa Hit By Petrol Price Shocker

Updated: Fri 28 Jun, 10:59 am 2013

A weak rand has attributed to South Africans having to fork out more for petrol next month. The energy department announced that fuel would increase by 84 cents a litre. read more »

Work Begins on Angola's New Oil Refinery

Updated: Wed 12 Dec, 09:28 am 2012

A local oil company has announced the official start of construction of the Lobito Refinery. read more »