Markets

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 …

Angola’s thriving oil industry recently received a strong endorsement from Afentra’s CEO, Paul McDade, following the company’s brisk move into the nation’s market. McDade expressed confidence in Angola’s oil industry …

In a landmark decision highlighting the climate change urgency, G20 nations have pledged to boost global renewable energy investments to an impressive $4 trillion per year by 2030. This commitment …

Greenpeace, known for its environmental activism, has taken a unique approach to prevent oil exploration in the Democratic Republic of Congo (Congo Kinshasa). The NGO is now targeting insurance companies, …

Amidst the vast energy resources that Africa boasts, energy accessibility remains an enigma. NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC), recently sat down with BusinessDay to shed …

To address the growing concern of crude oil theft, the Nigerian Air Force (NAF) is set to add two new aircraft to its fleet, tailored specifically for this mission. This …