Firm to increase oil storage capacity

Oil price may fall to $10 a barrel as world runs out of storage space  The GuardianSaudi Arabia And The U.S. Could Form The World's Newest Oil Cartel  OilPrice.comOil extends gains as optimism over US stimulus lifts global markets  CNBCCommentary: Saudi Arabia's new, radical oil strategy aims to keep prices low  CNAGuest Opinion: Trump should put tariff on oil imported from Saudi Arabia  Midland Reporter-TelegramView Full coverage on Google News

Coronavirus Update: Cases, Fatalities Increase In N.J.; Drive-Thru Testing Site Closes For Day After Reaching Capacity In Just 30 Minutes  CBS New YorkCoronavirus ravages 7 members of a single family, killing 3  TODAYonlineShe Lost Her Mother, Two Brothers and a Sister to Coronavirus Within a Week  NTDNew Jersey family hit by coronavirus see two more relatives test positive  Fox NewsCoronavirus: Four members of New Jersey family die  Yahoo NewsView Full coverage on Google...

Dar es Salaam. Jubilee Insurance Company Tanzania Limited posted a 129.7 per cent increase in profit after tax for the financial year ended December 2013.

Swala Oil & Gas is protesting a decision by the Tanzania Petroleum Development Corporation to withdraw a prospecting licence it had won for the Eyasi bloc.

The BBC sees evidence that a UK firm made payments to a Congolese army major accused of using violence to intimidate oil exploration opponents.

An audit finds that Nigeria's state oil company overpaid the government $750m (£490m), at a time when it was accused of massive corruption.

Ten Tanzanians are set to join different universities in the United Kingdom for a one-year scholarship programme in oil and gas.

Oil prices turned higher yesterday but remained near six-year lows ahead of the latest US energy report after jitters over China’s faltering economy spurred heavy losses earlier this week.

The deserts of Rajasthan may be the showcase for India’s solar revolution but the oil explorer that struck gold beneath the same sands insists the country needs to pump out more fossil fuels to wean itself off imports.