In the News

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.

Chevron agrees to a $550 million settlement with Richmond, California, avoiding a proposed tax on its refinery and securing a decade-long financial commitment to the city.

Rising electricity costs in South Africa deepen the divide, leaving the poorest to bear the brunt of the energy crisis.