Oil Mauritius

Oil Spirals Below Zero in ‘Devastating Day’ for Global Industry

The day started like any other gloomy Monday in the oil market’s worst crisis in a generation.

21 Apr 2020, business.mega.mu

I tried the KFC Chizza…

Today, I tested the new KFC Chizza for you! Well, while scrolling my Facebook news-feed this morning, I came across the KFC’s post about their new item, the KFC Chizza. The nearest KFC outlet...

17 Oct 2017, Yashvin, pages of my life

Total Chases Growth With $5 Billion Purchase of Maersk Oil

Total SA agreed to buy the oil and gas unit of A.P. Moller-Maersk A/S, the French company’s biggest acquisition since 1999 and another sign of the accelerating pace of energy deals after a long downturn.

23 Aug 2017, business.mega.mu

Defiant Saudi Arabia Says It Can Handle Low Oil Prices 'for a Long, Long Time'

If you are waiting for Saudi Arabia to save the oil market, don't hold your breath.

22 Jan 2016, business.mega.mu

With Wave of Iranian Oil Imminent, a Shudder in Saudi Arabia

A new wave of oil from Iran will flow into a global market awash in oil where prices are plunging to depths not seen in a dozen years. With a historic nuclear deal between Iran, the U.S. and five other world powers set into place this weekend, a European oil embargo on the world's seventh-largest oil producer will end.

18 Jan 2016, business.mega.mu

Oil Trades Near 5-Year Low as Russia Echoes OPEC Output Policy

Oil in New York traded near a five-year low as Russia reiterated that it will keep crude production steady next year, echoing OPEC’s strategy of refraining from curbing supply to tackle a global surplus.

17 Dec 2014, business.mega.mu

OPEC Cuts 2015 Demand Forecast for Its Oil to Lowest in a Decade

Global demand for OPEC crude in 2015 is expected to fall to the lowest level in more than a decade and far below current output, the group said on Wednesday, pointing to a hefty supply surplus without OPEC output cuts or a slowdown in the U.S. shale boom.

11 Dec 2014, business.mega.mu

OPEC Inaction Sends Brent to Four-Year Low, Hits Stocks

Brent crude fell to a fresh four-year low on Friday, sending oil-related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut.

28 Nov 2014, business.mega.mu

OPEC Heading for No Output Cut Despite Oil Price Plunge

OPEC Gulf oil producers will not propose an output cut on Thursday, reducing the likelihood of joint action by OPEC to prop up prices that have sunk by a third since June.

27 Nov 2014, business.mega.mu

Oil Exploration: Maurice Advance with Caution in the Search of Black Gold

The discovery of oil in our waters would change dramatically the face of the Mauritian economy. If the Seychelles, which is our partner on this project has already started the machinery, however, Maurice proceeded with caution.

10 Nov 2013, business.mega.mu

Beta Oil Terminal Invests Rs 400 Million in Mer Rouge

After Vivo Energy Mauritius, Total Mauritius Ltd, Engen Petroleum Mauritius, Indian Oil Ltd, it is the turn of the company, Beta Oil Terminal Ltd. position for storage of petroleum products in Port Louis. Indeed, Beta Oil Terminal Ltd proposes to build three silos of fuels with a storage capacity of 19,700 cubic meters Mer Rouge.

15 Sep 2013, business.mega.mu

Cooking Oil: Reasons Behind Prices Decline

Moroil and Ramdenee Edible Oil, which sell vegetable oil Rani and the Rajah brand respectively, reviewed this week their prices down. A motivated by lower commodity prices and strong competition in the sale of cooking oil making.

10 Jul 2013, business.mega.mu

Consumption: 4.5% Drop in the Price of Edible Oil

From Monday 08 July, consumers have seen a 4.5% drop in the price of edible oil. The price of oil sold by Moroil accused yesterday down 4.5%, or Rs 2.35 per liter.

09 Jul 2013, business.mega.mu

Forget B-School: Boil An Egg On An Offshore Oil Rig And Get $240,000 A Year

It was the cook who did it. After years of claim and counter claim that Australia was pricing itself out of the raw materials business, a pay claim which would see a cook on an offshore oil and gas rig paid $240,000 a year proved the point about out-of-control costs.

29 May 2013, business.mega.mu

Edible Oil: No Drop in Prices Despite Falling Prices

Mauritian consumers expect a decline in the price of edible oil. This commodity has in fact declined in the global market and if some local importers have already implemented this fall, others have not yet done so.

20 Apr 2013, business.mega.mu

Oil: MOROIL Lower its Price

Good news for consumers. Selling prices of edible oil marketed by Mauritius Oil Refineries (MOROIL) have been revised downward.

14 Jan 2013, business.mega.mu

Nigeria Oil Spills: Shell Rejects Liab

The Anglo-Dutch oil giant Shell has rejected claims by four Nigerian farmers that it should pay compensation for damage to their land.

12 Oct 2012, business.mega.mu

ACIM Requires Investigation Of Oil Price Increase

The one-liter bottle of edible oil brand Moroil password to Rs 62.25 as the mark to Rs 59.20 Rani and Rani in bag Rs 54.60.Trash the housewife became heavier since 22 August. This is the third increase since the beginning of the year. The Consumers Association of Mauritius (ACIM) calling for an investigation of the department concerned to this effect.

27 Aug 2012, business.mega.mu

Mauritius escaped a major ecological disaster off the shores of Belle Mare

Mauritius escaped a major ecological disaster on Thursday after Liberian oil tanker Wisdom, on its way to Malaysia which saw its engine fail 5 km off the shores of Belle Mare on Thursday afternoon, was dangerously drifting onshore towards the coral reefs. The tanker was only carrying fuel for its own consumption which that alone [...]The post Mauritius escaped a major ecological disaster off the shores of Belle Mare appeared first on Mauritius News Ile Maurice.

17 Aug 2012, KotZot

Oil to be pumped out in 24 hours

Less than one hundred metric tons of fuel oil in the freighter MV Angel 1 remain to be pumped and according to our information, the exercise will be completed on Monday or Tuesday. Towing of the vessel in distress will then begin. In addition to the tugs that the Mauritius Ports Authority have, the government [...]

29 Aug 2011, The Independent Daily

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