Calm urged in wake of South Africa oil worker strike

CHEVRON REFINERY RSAThe South African Petroleum Industry Association (SAPIA) has confirmed that country's oil refineries are still producing despite an indefinite strike by energy workers

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Collapse in oil revenues for Chad: IMF report

CHAD REFINERYLow oil prices and falling oil revenues have contributed to underperformance in the economy of Chad, according to a report by the International Monetary Fund (IMF)

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Djibouti, IDB sign US$75mn agreement to reduce fuel prices

Djibouti IDB sign US75mn agreement to reduce fuel pricesDjibouti has approved a US$75mn financing agreement with the International Islamic Trade Finance Corporation (IFTC), a unit of Saudi Arabia-based Islamic Development Bank (IDB) to help the nation to buy refined petroleum products, its energy minister said

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South Sudan oil revenue drops amid renewed conflict

South SudanSouth Sudan oil revenues have dropped by 75 per cent in June to US$60 million a month and the International Monetary Fund has warned of economic ruin for Africa's newest country

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Angola updates fiscal projections based on oil price fluctuations

IMF HQThe Angolan Ministry of Finance has published an update of its budgetary performance with adjustments made to take fluctuating oil prices into account

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