Ghana-ing votes

  Elections of one sort or another have taken place in all 48 sub-Saharan African countries in the past decade. On a continent that has also experienced some 83 successful coups in half a century, this is often cited as a mark of progress.…

Kosmos Energy makes third oil discovery in Ghana

Kosmos Energy has announced today, January 8, 2009 that the company has successfully appraised Jubilee Field-age reservoirs and made its third major oil discovery on the West Cape Three Points Block in Ghana. In a statement announcing the…

MTN distances itself from scam in its name

The Mobile Telecommunication Network (MTN) on Wednesday distanced itself from an e-mail scam falsely claiming that some individuals will receive Nokia N95 and NF90 if they forwarded an e-mail to eight and twenty people. The said e-mail…

Brussels to broker gas row talks

Top Russian and Ukrainian gas executives are due in Brussels as the EU seeks to broker an end to the row freezing much of Europe's gas supplies. Both Alexei Miller, chief of Russian gas monopoly Gazprom, and Ukrainian state gas company…

Oil falls 12% as U.S. supplies rise

Oil futures tumbled 12 percent, the most in more than seven years, after a U.S. government report showed bigger-than-expected increases in supplies of crude oil, gasoline and distillate fuel as consumption dropped. Inventories of crude oil…