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Spar turnaround faces new test after board resignations

Stephan Erasmus, senior investment analyst at Anchor Capital, explains the leadership crisis at the group and discusses whether there is an opportunity for it to reset relations with its retail network.

We haven't written up this one. Moneyweb has the full story — the link below goes straight to it.

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Chevron Strikes Oil and Gas Offshore Angola in Major Discovery

Chevron has announced a new oil and gas condensate discovery offshore Angola, hitting more than 2,000 feet of hydrocarbons in a Block 0 exploration well that could be tied directly into the company’s…

  • Chevron discovers over 2,000 feet of hydrocarbons in Angola.
  • Pinda reservoir in Lower Congo Basin features 300+ feet of net pay.
  • Cabinda Gulf Oil Company holds 39.2% interest in Block 0.

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