West African crudedifferentials firmed, Fri, as freight rates for tankers going west and eastfell, causing a flurry of deals as rates fell, a trader with a European refinertold Reuters. Nigerian differentials were steady despite loading programmesshowing that Qua Iboe exports would hit a two-year high, March. Brass Riverwill load about 144,000 barrels/day in seven full or part March cargoes, lessthan 150,000/day in Feb. Okwori will load an average 44,000/day in three partcargoes, traders said. With an average daily rate of 157,000 barrels, five full975,000-barrel cargoes of Akpo condensate will also load in March.
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more