China lays down gauntlet in energy war

On December 15, the state-owned China National Petroleum Corp (CNPC) inaugurated an oil pipeline running from Kazakhstan to northwest China. The pipeline will undercut the geopolitical significance of the Washington-backed Baku-Tbilisi-Ceyhan (BTC)oil pipeline which opened this past summer amid big fanfare and support from Washington.

S.African fuel crisis: Oil companies could owe motorists R60m

In the wake of the continuing fuel shortage in South Africa, Minister of Minerals and Energy Lindiwe Hendricks has called for fuel companies operating in South Africa to reimburse motorists for the payments they receive for storing extra stocks of petrol and diesel, meaning the industry could face a collective payment of about R60-million.