Markets

Landmark court decision confirms Otuabagi as the site of Nigeria’s first commercial oil well, reshaping historical narratives.

Dr. Patrice Motsepe expresses confidence in the ongoing improvements within Eskom and Transnet, highlighting their pivotal role in South Africa’s socio-economic advancement.

Dundee Precious Metals announces the sale of its complex concentrate processing Tsumeb smelter in Namibia to Sinomine Resources for $49 million.

Tullow Oil, a UK-based oil and gas exploration company, has revealed its plans to focus more on its African assets in its annual report for 2020, which was published on …

Remarkable leap in South Africa’s renewable energy sector, with over a thousand projects driving a greener future and significant investment.

The global oil market is tightening as shipping delays and OPEC+ cuts reduce the availability of crude in Europe and Africa, boosting futures prices. Rising demand and geopolitical risks The …

Amid rising import duties, Nigerian importers pivot to neighboring countries, escalating concerns over cargo diversion, economic instability, and potential job losses in the maritime and import sectors.

Chevron commits to a landmark gas production increase in Israel through the Tamar field expansion, aiming to strengthen domestic supply and regional exports.

The US oil industry is set to witness one of its biggest mergers in history, as Diamondback Energy Inc. and Endeavor Energy Resources are in final discussions to create a …

Ghana, once hailed as a rising star in Africa’s oil industry, has seen its fortunes dwindle in the past year as global oil prices collapsed and the coronavirus pandemic hit …