French energy firm rules out oil price recovery next year

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.

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.

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Daily News
Energy minister under fire over power price hikes
Daily News
THE Shadow Minister for Energy and Minerals, Mr John Mnyika, has urged President Jakaya Kikwete to take to task Prof Sospeter Muhongo while planning for cabinet reshuffle as the Minister has failed to control power prices. The cabinet reshuffle is ...

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>A hunting firm has been booted out of Selous Game Reserve for allegedly committing 11 offences. Green Miles Safaris stands accused of hunting with automatic weapons fitted with silencers, hunting female and young animals and using vehicles to chase and knock down animals.

The telecom industry could soon witness a new wave of price wars following the launch of a new telecom company that will enable subscribers to make a call at only Sh74.

>Siemens of South Africa is planning to invest in Tanzania’s energy sector.