Markets

Six firms have announced plans for alumina refineries in Guinea, aiming for a combined annual capacity of 11 million tonnes. As Guinea seeks to expand its alumina production and create …

On the occasion of the 63rd anniversary of the Organization of Petroleum Exporting Countries (OPEC), established with foresight in Baghdad on September 14, 1960, Angola took the opportunity to emphasize …

The African continent is making significant strides in the renewable energy sector, particularly in green hydrogen, according to a report by The African Energy Chamber (AEC). Titled “The State of …

Indonesia’s state-owned energy behemoth, Pertamina, is reportedly diversifying its international upstream portfolio through the acquisition of a new oil block in Gabon, West Africa. Pertamina Hulu Energi, a subsidiary of …

Woodside Energy has agreed to postpone seismic surveying for its US$12 billion Scarborough and Pluto Train 2 gas project in Australia atter the Environmental Defenders Office (EDO) mounted an eleventh-hour …

In a significant move for both the steel and mining sectors, China’s Baowu Steel Group has entered into a strategic partnership with the Chinese-backed Winning Consortium Simandou (WCS). The alliance …

Amidst the activities of the Angola Oil & Gas (AOG) 2023 conference and exhibition in Luanda, a specialized session brought to light emerging trends and challenges in the oil and …

The African Refiners and Distributors Association (ARDA), in partnership with the African Union, has announced plans to standardize petrol grades across Africa by 2030 to improve public health and energy …

Europe’s once-thriving industrial sector is facing an unprecedented challenge. Gas consumption in the region has seen a dramatic drop, registering a decline of 10% to 15% when compared to the …

In the evolving landscape of the oil industry, prices shot up to new 10-month highs, pushed by increasing apprehensions over a possible global supply crunch. The situation in Libya, marked …