Markets

Oil prices jumped nearly 2% on Thursday as rising tensions between Russia and Ukraine spurred concerns about global crude supply disruptions

OPEC+ prepares for December talks with limited options, weak demand, and internal conflicts over oil production and quota increases

Fluctuating oil prices disrupt African economies, creating challenges for exporters and importers. Learn the impact and strategies for resilience

Russian gas flows to Austria remain uninterrupted despite Gazprom cutting OMV’s supplies over a contractual dispute, as Europe adjusts to shifting dynamics

Ghana’s oil production up 10.7% in 2024, driven by Jubilee South East project, boosting revenue and economic stability

Angola launches new oil and gas licensing rounds in 2026, aiming to revitalize production and attract investment after its OPEC departure

TotalEnergies predicts global oil demand will peak after 2030, driven by population growth and slow electric vehicle adoption, in contrast to IEA’s forecast

Africa’s new $5 billion Africa Energy Bank will start operations in January 2025, headquartered in Abuja, Nigeria

Transcorp Power to add 150MW via renewable partnerships, while gas supply constraints impact current power generation at major facilities

Private equity in African energy projects provides essential funding, drives renewable growth, and bridges infrastructure gaps for sustainable development across the continent