Category: Energy
Corruption and the Kenyan Economy
Fuel… If not the high cost of it, it’s the effect on the economy and inflation, if not that then lately it has been the lack of it.
China and Africa
By Charles Wanguhu A lot of column inches have been taken up trying to dissect the emerging Sino-African relations. In Africa more and more Chinese goods as well as people are visible. The Africa -West relationship has been largely characterized as an aid relationship or “carrot stick diplomacy”. Experimental policies such as the structural adjustment programmes have been imposed
UK Oil Company Accused Of Trying To Buy Witnesses
By: Ainsley Brown It is situations like these that simply go to fuel the general public distain for multinational. I guess the one positive thing that comes out of this and other similar situations is that it provides ample material for Michael Moore– esque films – just great entertainment. Despite the entertainment value of such films they often depict the
New Canadian Competition Rules To Be Tested Sooner Rather Than Later
By: Ainsley Brown The Suncor Energy Inc. attempted take over of Petro-Canada is going to prove to be the first test of the amended and some would say controversial Competition Act. According to the new rules the Competition Bureau has a 30 day tome frame in which to either approve the C$19.2 billion deal or issue a second request from
No Cuts In Oil Production: OPEC
By: Ainsley Brown The Organization of the Petroleum Exporting Countries (OPEC) announced that there will be no cut in oil production. This is a status quo-hold-wait and see strategy by OPEC. By keeping oil production as is OPEC hopes to keep oil prices at exsting levels in the further hope that this will have no adverse effect on any pending
Contango, Contango: Oil Being Horded At Sea By Traders
By: Ainsley Brown Contango! What is a contango? No it’s not an even more exotic version of the sultry Latin dance, nor is a tropical fruit. Then what is it? Contango, as explained on Money Morning, “denotes a normal and very specific condition associated with futures contracts in which the price of oil for distant delivery months from now exceeds