Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «oil»

23 May 2018 3:14 AM Truckers in Brazil block roads to protest diesel price hikes

Truckers in several Brazil states are blocking roads and highways to protest rising diesel prices. Tuesday was the second day in a row that truckers snarled traffic and impeded delivery of several goods. Latin America's largest nation is a key producer of several food and energy-related commodities, and most are transported by road. Diesel prices have been steadily 24

20 May 2018 7:44 AM China bomber makes debut landing on South China Sea island

China's air force has landed long-range military aircraft on an island in the disputed South China Sea, a move that is believed to be the first of its kind and is likely to fuel further concerns about Beijing's intentions in the region. China Daily published a video purporting to show takeoff and landing of military planes, including the long-range 35

16 May 2018 3:58 AM Algeria's ailing leader makes rare public appearance

Algeria's president has visited the construction site of the future Great Mosque in Algiers, in a rare public appearance of the 81-year-old ailing leader. Abdelaziz Bouteflika, who has been debilitated by a stroke for years, appeared in television footage in a wheelchair on Tuesday. After praying at a mosque belonging to a religious brotherhood outside 25

10 May 2018 5:25 AM MTN plans to raise R13.8bn in debt in Nigeria this year

MTN [JSE:MTN] plans to sell bonds and take out long-term loans as Nigeria, Africa’s biggest oil producer, recovers from a 2016 economic contraction. The carrier expects to list its Nigerian unit on the Lagos stock exchange by the end of 2018. Nigeria’s securities regulator is preparing for record bond issuance from companies seeking to benefit from lower 22

09 May 2018 5:25 AM Medvedev approved for new term as Russia's prime minister

Moscow — Russia's house of parliament has overwhelmingly approved Dmitry Medvedev for a new term as prime minister. Medvedev was nominated a day earlier by President Vladimir Putin, who was inaugurated for a fourth term as Russia's president. Putin signed a decree formalising Medvedev's appointment soon after the parliamentary vote. Medvedev has been prime 25

28 April 2018 2:24 PM Zim sets 'strict conditions' for prospective producers of cannabis

Zimbabwe has legalised production of cannabis for medicinal or scientific use, according to new regulations seen by AFP on Saturday. A statutory instrument entitled Production of Cannabis for Medicinal and Scientific Use Regulations, said prospective producers can apply to the health ministry for a licence to grow cannabis but under strict conditions 36

23 April 2018 4:30 PM Angola loses first satellite, plans successor

Angola on Monday confirmed the premature death of its first national telecoms satellite, Angosat-1, which was launched in December and was expected to have a working life of 15 years. The Russian-made Angosat-1 struggled with repeated setbacks immediately after its launch from the Baikonur space centre in Kazakhstan. Contact with the satellite was soon lost and never 34

22 April 2018 4:51 AM PetroSA saved (for the moment)

State-owned oil company PetroSA was been saved from an imminent R7.4 billion cash crunch by the minister of environmental affairs, Edna Molewa. On Friday Molewa gazetted an amendment to the financial provisioning regulations of the National Environmental Management Act. It gives companies with offshore oil or gas exploration or production rights granted 42

20 April 2018 6:43 PM Competition Commission nets global award on forex cartel case

The Competition Commission’s work on the foreign exchange cartel case saw it beat out competing agencies in the Asia-Pacific, Middle East and Africa region to win an international award. The commission was recognised as the Agency of the Year in Asia-Pacific, Middle East & Africa at the Annual Global Competition Review Awards held in Washington DC, it said in a statement 42

19 April 2018 3:00 PM Nigeria police recover stolen Senate mace under flyover

Nigerian police said on Thursday they had recovered the ceremonial mace - the parliamentary symbol of authority - under a flyover after it was stolen from the Senate. The mace was snatched on Wednesday by "hoodlums" suspected to have been hired by an embattled senator who had been suspended from the upper house because of a dispute over the date of the presidential 36