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A dramatic shift in how energy is being produced and consumed around the world could lead to far-reaching changes in the geopolitical order.
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*China dominates, but can BRICS coalesce as a group? DURBAN, South Africa, March 27- At a summit in South Africa on Wednesday, Vladimir Putin likened the BRICS nations- Brazil, Russia, India, China and South Africa- to Africa's "Big Five" game beasts of trophy hunting lore- the lion, elephant, buffalo, leopard and rhinoceros.
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LAGOS, March 26- A British businessman has been abducted from an upmarket district of Lagos, Nigerian police said on Tuesday, a rare case of an expatriate being taken hostage in Nigeria's main commercial city.
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In the Platts window, BP offered a 100,000 tonne Urals cargo at dated Brent minus $2.15 cif Rotterdam, loading April 16-20. Lukoil offered another cargo at dated Brent minus $2.10 cif Rotterdam, loading April 16-20, but no buying interest surfaced.
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India's Bharat Petroleum Corp awarded 3 million barrels of west African crude on Tuesday for its latest tender, including Nemba, Agbami and Bonga grades, traders said. Nigeria and Angola are due to export more crude to India in April where refineries are cutting further purchases from Iran due to concerns about shipping insurance, traders have said.
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KENYA- The supreme court holds a second day of its status. Cyprus bailout scheme, after initial rallies on the. concerns that the Cyprus bailout could set a new precedent.
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The report by the ONE Campaign, an anti-poverty group co-founded by Irish rockers Bono and Bob Geldof, said Senegal, Malawi, Cape Verde and Sierra Leone either met or were close to meeting targets for increased budget spending on agriculture.
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LONDON, March 25- Gasoline prices and cracks strengthened on Monday as the market began to shift further to higher quality summer grade gasoline and with the expectation of spring demand, traders said. The U.S. is Europe's main gasoline export destination.
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LONDON, March 25- Rising Islamist violence is forcing international oil firms to look hard at exposure across swathes of Africa and weigh whether to operate remotely for fear expatriate staff may be targeted.
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LONDON, March 25- Rising Islamist violence is forcing international oil firms to look hard at exposure across swathes of Africa and weigh whether to operate remotely for fear expatriate staff may be targeted.
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*China's new president in Africa on first foreign trip. DAR ES SALAAM, March 25- China's new president told Africans on Monday he wanted a relationship of equals that would help the continent develop, responding to concerns that Beijing is only interested in shipping out its raw materials.
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country's relationship with Africa in a speech. Africa on his first overseas trip is seen as a reflection of. IVORY COAST- Finance ministers from across Africa will.
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*CYPRUS DEAL Cyprus clinched a last-ditch deal with international lenders to shut down its second largest bank, Popular Bank of Cyprus, and inflict heavy losses on uninsured depositors, including wealthy Russians, in return for a 10 billion euro bailout.
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LONDON, March 25- Angolan crude oil differentials for May loading stayed strong on Monday, with cargoes of certain grades selling fast, though traders were selective and waited for lower prices on certain streams.
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DAR ES SALAAM, March 25- China's trade ties with Africa will be under the spotlight on Monday when President Xi Jinping outlines his country's relationship with the continent, which Beijing is increasingly turning to for both its resources and as a market place.
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SEOUL, March 25- Following is a list of events in South Korea as well as news stories and press reports that may influence financial markets:. TOP STORIES> Samsung, Hyundai in Nigeria LNG carrier ship deals. >Won inches down on Cyprus, foreigners; bond rise.
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TOKYO, March 25- U.S. crude futures stood steady near $94 a barrel on Monday as market participants waited to see whether a last-minute deal to save Cyprus from financial meltdown could be reached by the deadline later in the day. *London Brent crude for May delivery was down 26 cents at $107.40 a barrel, after settling up 19 cents at $107.66.
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TOKYO, March 25- U.S. crude futures stood steady near $94 a barrel on Monday as market participants waited to see whether a last-minute deal to save Cyprus from financial meltdown could be reached by the deadline later in the day. was down 26 cents at $107.40 a barrel, after settling up 19 cents at $107.66.
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*Africa opening itself up to new imperialism- Nigeria cenbanker. DAR ES SALAAM, March 24- Chinese President Xi Jinping faces growing calls from policymakers and economists in Africa for a more balanced trade relationship between the continent and China as he arrives in Tanzania at the beginning of an African tour on Sunday.
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KADUNA/KANO, Nigeria, March 23- Suspected Islamist gunmen have launched a series of gun and bomb attacks in a remote town along Nigeria's border with Cameroon, killing at least 25 people, police said on Saturday.
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MILAN, March 23- Eni declared force majeure and ordered the closure of its onshore activities in the "so-called" Swamp Area located in the Bayelsa State in Nigeria during the night between March 21 and 22, the company said on Saturday.