South Africa

Russian gas giant Gazprom is close to reaching a deal with Anglo-Irish explorer Tullow Oil to enter the Kudu gas-to-power project in Namibia. The deal would mark Gazprom's first... 2010-03-10

Anglo-Dutch major Royal Dutch Shell has been awarded a licence to study shale gas extraction in the onshore Karoo Basin in central South Africa. Shell's move is the latest sign of... 2009-12-17

consortium of US independent Chesapeake Energy, Norway's Statoil and Johannesburg-based Sasol has made a joint application to the South African hydrocarbons regulator to explore... 2009-11-26

The BMI oil supply and demand assumptions for 2009 and beyond have again been revised for all 67 countries forming part of our detailed coverage, reflecting the changing macroeconomic... 2009-10-20

Oil market fundamentals remain unattractive. Demand refuses to recover. The US driving season was a non-starter, with gasoline consumption much lower than had been hoped. Industrial... 2009-08-17

In spite of oil prices continuing to trend higher and a mood of inexplicable optimism in the oil markets, we are sticking with our existing assumptions for 2009 and beyond. Talk of... 2009-05-28

The merchants of doom predicting a continuing decline in oil prices will have been frustrated in the opening quarter of 2009. While macroeconomic news has indeed been consistently... 2009-04-08