Sasol confirmed on its website there had been an explosion at about 0545 GMT at the country'.s only inland refinery.
Read More »Extending Oil Cuts. Adding Small Producers Enough to Drain Stocks
OPEC has been urging other producers to join the supply pact.
Read More »South Africa Open to Iranian Investment if New Refinery Goes Ahead
South Africa bought around 68.000 bpd of crude from Iran in May 2012.
Read More »UAE A Model for New Oil Market Realities
Over the next two months. the UAE will cut another 278000 bpd. demonstrating its compliance with its quota under the agreement.
Read More »Brent Crude Oil to Rise
Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.
Read More »South Pars Oil Output Surpasses 1m Barrels
Maersk produces oil from the Danish and UK sections of the North Sea. Qatar. Algeria and Kazakhstan.
Read More »Saudi Arabia to Help Build West Africa’s Largest Oil Storage Terminal
This small company could be one of the biggest winners of the coming gold boom.
Read More »MENA Markets Drop in Line with Oil Prices
MENA markets remained sluggish in April due to drop in trading liquidity and poor investments from both domestic and international investors.
Read More »BP Expands Digital Rocks Technology
BP’s industry-leading digital rocks program was established 10 years ago.
Read More »OPEC Oil Price Drops by 1.3%
The price of OPEC’s basket of 13 crudes stood at $48.34 a barrel on May 3.
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