South African national oil company PetroSA said on Monday it had partnered with China's Sinopec Group to push along the building of its Coega refinery, originally slated to cost $9-$10 billion and produce 400,000 barrels a day.
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South African national oil company PetroSA said on Monday it had partnered with China's Sinopec Group to push along the building of its Coega refinery, originally slated to cost $9-$10 billion and produce 400,000 barrels a day.
Somalia's embattled central government will not argue with semi-autonomous Puntland over potential oil revenues for fear of scuttling a fragile peace process, but a top official said on Monday the law made clear control lay with Mogadishu.
Plans to create a 26-nation free trade area by integrating three existing African trade blocs by July 2014 are on track and the only major sticking point is likely to be harmonising rules of origin, the three blocs said on Friday.
Kenyan electricity generating company KenGen plans to raise funds from private investors for a $686 million gas-fired power plant to run on imported liquefied natural gas (LNG), Managing Director Eddy Njoroge said on Friday.
South Africa's President Jacob Zuma could be heading back to court, this time over a controversial portrait of him with his genitals exposed.
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