Somali pirates are holding a Ukrainian ship, the Fina, its crew and her cargo which includes 33 Russian-made T72 tanks.

If Kenya is to grow into a middle-level income country as envisioned by Vision 2030 goals, the participation of the private sector is crucial.

The national director of Oil, Amadeu Correia de Azevedo, this Wednesday here considered the inauguration of the "Pazflor" training centre as a complement to the efforts of the government in upgrading the Angolan manpower and guarantee them with knowledge to

Governor Timipre Sylva of Bayelsa State yesterday announced that a comprehensive disarmament programme would soon be unfolded to encourage the various militant groups in the state to drop their arms and ammunition for a final peace process.

SASOL says it is shocked - no really - shocked at being fined R3,7bn by the European Commission for fixing prices and carving up paraffin wax markets.

In two major moves last week, the federal government demonstrated its commitment to addressing the lingering crisis in the Niger Delta. First, the alternative to the controversial Niger Delta summit, which President Umaru Yar'Adua promised on assumption of office, was

Oriental Energy Resources Limited yesterday in Abuja, announced that it has received a formal notice from the Department of Petroleum Resources, of Federal Government's approval of the farm-in by Afren resources limited, a subsidiary of Afren plc, to jointly develop

Civil society organizations in Bayelsa State weekend presented a draft bill to the Speaker of the Bayelsa State House of Assembly calling for the establishment of an oil fund commission in the state to fast track development in the oil

The captain of a visiting French Navy Ship, yesterday said the visit was not to protect French oil installations in Nigeria but to consolidate technical links.

The Principal of the Maranatha University College (MUC), Rev. Bernard Marbell, has called on African universities to enact Information Communication and Technology (ICT) policies, to bridge the wide digital divide gap that has characterised the African continent.

The Omaheke Chief Regional Officer, Balbina Pienaar, yesterday declined to comment on claims that the Regional Council was to blame for the power cut at Drimiopsis and Ben Hur settlements last week.

Kenyans may soon breath a sigh of relief when buying fuel, if a biodiesel project by a university goes commercial.

THE stink that goes with being branded a price fixer may give Sasol a bigger hangover than the € 318,2m (R3,7bn) fine imposed by the European Commission for its role in the "paraffin Mafia".

Statistics South Africa (Stats SA) released its monthly electricity publication on Thursday, indicating that South Africa's electricity consumption decreased by 2.8 percent in August.

A few days after the government called on oil dealers to reduce their pump prices by at least Sh10 per litre, State-owned National Oil Corporation of Kenya has reduced its pump prices to just under Sh100.

Bidvest Wits goalkeeper Energy Murambadoro has attributed the Students' superb start to the season to a hunger to succeed amongst his teammates and the quality of cover that he has in his defenders.

The electricity and water supply at three schools in the Omaheke Region were reconnected on Monday after it was apparently cut off for a week due to arrear payments by the Ministry of Education.

There are strong indications that the House of Representatives Ad hoc Committee investigating the Nigeria National Petroleum Corporation (NNPC) and its subsidiaries may recommend the revocation of licences issued by the Department of Petroleum Resources (DPR) during the 2006 oil

The House of Representatives Ad hoc Committee investigating the Nigeria National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR) and its subsidiaries, have made recommendations for the revocation of the oil blocs awarded controversially.

Rivers State government has commended current efforts of the Joint Military Task Force (JTF) in the process of restoring law and order in the state, after reviewing the security situation in the state.