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Markets

  • In the NewsMarkets

    TotalEnergies to Withdraw from South African Offshore Gas Projects

    by Ikeoluwa Juliana Ogungbangbe July 3, 2024
    by Ikeoluwa Juliana Ogungbangbe July 3, 2024

    TotalEnergies redirects its exploration efforts from South Africa to more viable regions near Namibia, impacting local energy plans.

  • In the NewsMarketsOil & Gas

    Saudi Arabia Announces $10 Billion Aramco Share Offer on Sunday

    by Ikeoluwa Juliana Ogungbangbe May 31, 2024
    by Ikeoluwa Juliana Ogungbangbe May 31, 2024

    Saudi Arabia sets to launch a $10 billion secondary share offering for Aramco this Sunday, aligning with strategic economic transformations and oil market dynamics.

  • Energy TransitionIn the NewsMarkets

    Bitcoin Helps Oil Industry End Gas Flaring

    by Oluwatosin Racheal Alabi May 13, 2024
    by Oluwatosin Racheal Alabi May 13, 2024

    Bitcoin emerges as a game-changer in the oil industry, offering innovative solutions to reduce gas flaring and enhances sustainability.

  • AnalysisIn the NewsMarkets

    Oil Traders Assess Geopolitical Risks Amid Iran-Israel Conflict

    by Ikeoluwa Juliana Ogungbangbe April 15, 2024
    by Ikeoluwa Juliana Ogungbangbe April 15, 2024

    Tight oil market faces heightened risks amid Iran-Israel conflict escalation.

  • In the NewsMarkets

    Otuabagi Wins: Birthplace of Nigeria’s First Oil Well Recognized

    by Oluwatosin Racheal Alabi March 15, 2024
    by Oluwatosin Racheal Alabi March 15, 2024

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

  • AnalysisIn the NewsMarkets

    Motsepe Confident in Transformations at Transnet and Eskom

    by Ikeoluwa Juliana Ogungbangbe March 13, 2024
    by Ikeoluwa Juliana Ogungbangbe March 13, 2024

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

  • In the NewsMarkets

    Dundee Precious Metals Sells Namibia Smelter to Sinomine for $49M

    by Ikeoluwa Juliana Ogungbangbe March 8, 2024
    by Ikeoluwa Juliana Ogungbangbe March 8, 2024

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

  • Markets

    How Tullow Oil is Betting on Africa for its Future Growth

    by Motoni Olodun March 8, 2024
    by Motoni Olodun March 8, 2024

    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 …

  • AnalysisIn the NewsMarkets

    South Africa’s Renewable Energy Surge: 1,087 Projects Registered

    by Ikeoluwa Juliana Ogungbangbe February 25, 2024
    by Ikeoluwa Juliana Ogungbangbe February 25, 2024

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

  • Markets

    Oil Prices Surge as Europe and Africa Face Supply Crunch

    by Victor Adetimilehin February 25, 2024
    by Victor Adetimilehin February 25, 2024

    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 …

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