A man guilty of impersonating a US congressman has now popped up in the murky oil deal Jeff Radebe signed with South Sudan

Iraq’s Cabinet was reviewing on Wednesday new bids from foreign energy firms to develop the country’s oil and gas reserves.

The secretive world of Middle East oil deals will be thrown open in Baghdad next week when a contract auction is broadcast live.

Oil giant Shell has become the first Western oil company to win significant access to the energy sector in Iraq since the 1970s, in a $4-billion move.

Venezuelan President Hugo Chávez’s oil largesse could come at a cost to South Africa, an oil analyst said this week.