Otobong Tommy

EQ Resources will take a 10 percent stake in a joint venture with Elmet Group and Blue Moon Metals to restart the Springer tungsten project in Nevada.

Gulf states called off a planned meeting with Iran as Yemen’s Houthis struck a Saudi airbase, sending oil prices higher amid a widening Middle East war.

Oil rose more than 3 percent after new Houthi strikes on Saudi Arabia and Gulf tanker attacks deepened fears over a shut Saudi pipeline.

Global and African leaders have backed Dangote Refinery’s proposed IPO, saying broader ownership could open Africa’s industrial wealth to ordinary citizens and the diaspora.

Amaranta has named the Ooni of Ife, Adeyeye Enitan Ogunwusi, as board chairman as it targets 100,000 barrels a day at OML 42 in the western Niger Delta.

Global cumulative clean hydrogen investment has topped $130 billion as governments treat the fuel as an energy-security and industrial tool, the Hydrogen Council says.

A marine fuel supply squeeze at major shipping hubs has eased as the market adapts to prolonged Strait of Hormuz disruption, industry sources say.

China’s oil demand will fall 8.9 percent in 2026, a third straight annual decline, as high prices and EV growth curb consumption, Sinopec says.

Brent crude rose above $100 a barrel for the first time since July as escalating Middle East conflict deepened fears over regional oil supply.

South Korea’s power demand is set to soar 25 to 30 GW on the AI boom, and the nation is weighing whether to expand nuclear energy, its energy minister says.