In the News

Major investors commit $400 million to support clean energy projects in emerging markets, driving a just energy transition globally.

President Tinubu approves the use of NNPC dividends for a petrol subsidy to provide relief from rising fuel prices in Nigeria.

Algeria provides emergency fuel to Lebanon, aiding in the restoration of power after a nationwide outage highlights the ongoing energy crisis in the country.

China’s gasoline exports plummeted 35.7% in July as weak profit margins led refiners to cut operations and prioritize higher-margin fuels like jet fuel.

President Ramaphosa signs the Electricity Regulation Amendment Act, laying the foundation for an independent transmission system operator in South Africa.

Oil prices dropped nearly 2% amid concerns over weakening demand from China and ongoing tensions in the Middle East, capping a volatile week in global oil markets.

Exxaro Resources declares a lower interim dividend as revenue rises but profits fall sharply.

Nigeria and Equatorial Guinea finalize a critical Gulf of Guinea Pipeline deal, promising stronger energy ties, job growth, and regional stability.

Oil prices are set for weekly gains as renewed confidence in the U.S. economy and ongoing supply constraints boost demand expectations in the energy market.

US solar manufacturers seek retroactive tariffs on imports from Vietnam and Thailand, citing a surge in shipments amid trade investigations into unfair practices.