In the News

BP’s third-quarter profits hit a four-year low at $2.3 billion, as declining oil demand and weak refining margins weigh on the energy giant. Rising debt levels and a strategic pivot …

Mexico sends 400,000 barrels of oil to aid Cuba’s energy crisis following grid collapse and hurricane impact

South Africa will advocate for a $13 trillion annual global climate finance commitment at COP29, emphasizing support for developing countries’ climate goals.

Africa’s abundant lithium reserves are essential to the global clean energy transition, with investment focused on processing and overcoming infrastructure gaps.

Endeavour Mining marks 30 years in Côte d’Ivoire with Lafigué mine, set to boost Africa’s gold output by up to 1.26M ounces.

Oil prices dropped by nearly $4 as Israel showed restraint on striking Iran, easing concerns about supply disruptions and bringing temporary market relief

Oil prices are set to fall as Israel’s restrained strikes on Iran avoid disrupting oil infrastructure, allowing for short-term market stability

South Korea considers further oil tax cuts as global oil markets face potential disruptions from Middle East tensions.

Eni and BP resume onshore exploration in Libya’s Ghadames Basin, signaling renewed international interest in Libya’s oil sector

Key Points Aisha Achimugu, CEO of Oceangate Oil and Gas Engineering, has partnered with Global Petroleum Group to develop offshore oil and gas resources near Grenada, with the project valued …