Ikeoluwa Juliana Ogungbangbe

Rising energy costs in Egypt are forcing Cairo nightlife venues to close earlier, disrupting businesses, reducing revenue, and reshaping the city’s vibrant after-dark social scene.

South Africa will cut its fuel levy for one month to ease rising pump prices, offering temporary relief to consumers amid increasing global energy costs.

KEY POINTS South African citrus farmers have raised concerns over isolated diesel shortages ahead of the country’s critical export season, warning that supply constraints and rising fuel prices could disrupt …

KEY POINTS The European and African oil markets are tightening sharply as Asian buyers increasingly compete for limited crude supplies, pushing key benchmarks and differentials to record highs ahead of …

KEY POINTS Egypt and Cyprus on Monday signed a framework agreement to expand cooperation in the natural gas sector, marking another step toward developing Cyprus’ offshore reserves and strengthening regional …

KEY POINTS Oil prices continued to rise as investors monitored the ongoing Gulf conflict, which has heightened fears of inflation and global economic slowdown. European markets and a major Wall …

KEY POINTS Egypt’s strategic position at the intersection of regional supply routes, energy infrastructure, and rising demand has made it a critical energy market, according to Shell Egypt’s Vice President …

KEY POINTS The NNPC/Seplat Joint Venture has screened 23,447 people, performed 797 eye surgeries, and distributed more than 13,525 eyeglasses free of charge under its “Eye Can See” Corporate Social …

KEY POINTS A weeks-long outage at a major Australian liquefied natural gas, LNG, export facility is set to further tighten an already strained global supply market, following recent disruptions in …

KEY POINTS Oil prices jumped sharply on Monday as tensions intensified in the ongoing US-Israel war with Iran. Brent crude, the global benchmark, rose more than 3 percent to trade …