Saudi Arabia sets to launch a $10 billion secondary share offering for Aramco this Sunday, aligning with strategic economic transformations and oil market dynamics.
In the News
-
-
Kenya’s $205 million investment in the Last Mile Connectivity Project aims to provide electricity to over 280,000 households, enhancing rural and peri-urban development.
-
South Africa needs robust supply-side support to succeed in green industrialization, focusing on renewable energy, infrastructure, and skills development.
-
Saudi Arabia’s state-owned oil giant, Saudi Aramco, announced plans to sell new shares in a move that could raise up to $13.1 billion. This significant deal is designed to fund the kingdom’s ambitious economic diversification plans, lessening its dependence on oil revenue.
-
Lagos partners with Harvest Waste Consortium to build a waste-to-energy plant, providing power for 40,000 homes and reducing CO2 emissions.
-
OPEC is on the brink of another major conflict over oil production capacities, with member nations poised to clash over how much oil each country can produce.
-
Mozambique’s natural gas sector sees significant advancements with major projects boosting the economy and enhancing global energy contributions.
-
In a landmark deal, ConocoPhillips acquires Marathon Oil, enhancing its market position and operational efficiency in the energy sector.
-
In the News
Bravura Holdings unveils Zimbabwe’s first world-class lithium upgrade facility at Victoria Falls Mining Indaba
At the Victoria Falls Mining Indaba, Bravura Holdings announces the completion of Zimbabwe’s first world-class lithium upgrade facility, enhancing beneficiation capabilities.
-
Dangote Industries plans to list its refinery on the London and Nigerian stock exchanges by end of 2024, aiming to boost investment and transform Nigeria’s oil industry.