Voice of AmericaBritish Oil Firm Accused of Corruption in Somalia Exploration DealVoice of AmericaSeptember 25, 2015 3:00 PM. LONDON—. A British oil exploration firm has been accused of corrupt payments to government officials in Somalia in return for righ …

Voice of AmericaOil Minister to Form New Egyptian CabinetVoice of AmericaEgypt's prime minister, Ibrahim Mahlab, and his Cabinet resigned Saturday, in the face of intense media criticism and a widening corruption investigation that saw the agriculture …

Voice of AmericaEgypt's President Asks Oil Minister to Form New CabinetVoice of AmericaCAIRO—. Egyptian President Abdel Fattah el-Sissi on Saturday asked Oil Minister Sherif Ismail to form a new Cabinet within one week after the government submitted it …

Voice of AmericaCameroon Bans Cheaper Imported Vegetable OilVoice of AmericaYAOUNDE—. Cameroon says it is banning and destroying cheap vegetable oil imported from Indonesia and Malaysia to protect its home industries. The central African nation says thousa …

Texas TribuneFor Now, Texas Economy Shrugs Off Low Oil PricesTexas TribuneBut state officials aren't sweating. The phenomenon has undoubtedly walloped oil-dependent communities in South and West Texas. But across the rest of the state, other business s …

Voice of AmericaEast Libyan State Oil Firm Seeks Contracts with Oil MajorsVoice of AmericaCAIRO, EGYPT—. A state oil firm loyal to Libya's official government based in the east of the country has invited foreign oil firms to discuss existing oil purcha …

Voice of AmericaDollar Rises, Then Falters; Oil SlidesVoice of AmericaWASHINGTON—. An improving job market and expected interest rate increases have been strengthening the value of the dollar, while worries about China's economic growth and a rising oi …

Voice of AmericaConflict Stifles South Sudan's Oil IndustryVoice of AmericaConflict continues to stifle South Sudan's oil sector as asset holders reduce their investments and potential investors hold back due to instability. The global research and …

Voice of AmericaAnalyst: Ending Iran Sanctions Could Push Down Oil PricesVoice of AmericaWASHINGTON—. Iran's economy has been hammered by a series of sanctions that have pushed it into recession, slashed the value of its currency, sparked soaring infla …

Lower oil price erodes sovereign wealth fundsFinancial TimesSovereign wealth funds had their best ever year in 2014 in terms of asset increases, but the falling oil price is expected to slow the future growth of these funds substantially. The assets held b …