In the past week, nearly 1,600 cubic meters (1.6 million liters) of oil and acid have been dumped in the Mduduzi River. Willowton Oil is responsible for the disaster that is considered to be one of the greatest in the history of Natal. Cato Ridge and the Umgeni River are already polluted and the pollution..
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Ecological disaster strikes Natal – 1,600 million liters of oil and acid are dumped into the river, killing thousands of fish and losing vegetation
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ANC-regime invests R14 billion in war-torn Sudan, this step is considered extremely risky due to Jeff Radebe’s engagement with the signing of the agreement
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While no one is willing to get involved in exploiting oil in war-torn Sudan, South Africa has decided to invest R14bn in the industry. The investment, which is widely regarded as extremely risky, can apparently be valuable while sanctions can cause oil and oil exports by Venezuela and Iran to be temporary. The South African..
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R20 a litre for petrol is possible before the end of 2019 – indicating the difficulties ANC-regime has in finding any solutions to reduce the shock of escalating prices on SA’s businesses and consumers
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The spike in the fuel price on Wednesday and growing unrest in oil-producing Venezuela have done little to assuage fears that the petrol price is set to continue its upward trajectory for most of this year. However, economists believe the oil price is unlikely to rise much above $80 a barrel in 2019, and that..
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Total recently found gas near the SA coast, it is highly unlikely the poor citizens of the country will benefit from this found, rather the obese corrupt civil servants of ANC regime
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French oil company Total announced on Thursday morning that it had drilled a column of gas near the South African coast. Total says the discovery is of great importance to the South African economy, and the possibility of low grade oil is not excluded. The gas has been drilled about 175 kilometers from the south..
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SA’s strategic fuel stock was sold for peanuts admitted new Energy minister
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New Energy Minister Mmamoloko Kubayi has admitted that South Africa sold much of its strategic fuel stock last year‚ contradicting her predecessor‚ Tina Joemat-Pettersson. Kubayi told parliament’s portfolio committee on energy on Tuesday that the sale of the oil to a foreign enterprise at the rock-bottom price of $29 a barrel was indeed a sale..
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Angolans resent Imperial China Colonising their country, causing Angola to increase police force to suppress dissent.
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When a halving of oil prices left a gaping hole in Angola’s finances this year, it became clear sub-Saharan Africa’s third largest economy needed help fast – and President Jose Eduardo dos Santos knew exactly where to turn. But the multi-billion dollar loans he signed with China last month have angered Angolans who say they..
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