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Markets

  • In the NewsMarkets

    Investec Forecasts South Africa M&A Rebirth

    by Ikeoluwa Juliana Ogungbangbe February 1, 2024
    by Ikeoluwa Juliana Ogungbangbe February 1, 2024

    Investec foresees a resurgence in South African mergers and acquisitions (M&A) as confidence returns, driven by improving economic indicators.

  • MarketsOil & Gas

    How Russia’s Cheap Crude Oil Is Fueling Asia and Africa’s Energy Demand

    by Motoni Olodun January 25, 2024
    by Motoni Olodun January 25, 2024

    Since the European Union imposed sanctions on Russia’s energy exports in 2022, following its invasion of Ukraine, Moscow has been looking for new markets to sell its oil. And it …

  • In the NewsMarkets

    Nigeria to Sell Five Power Plants for $1 Billion Amid Energy Crisis

    by Motoni Olodun January 25, 2024
    by Motoni Olodun January 25, 2024

    Nigeria’s government is planning to sell five power plants under the National Integrated Power Projects (NIPP) for about $1 billion, according to a report by BusinessDay. The move is part …

  • Energy TransitionIn the NewsMarkets

    Dangote Refinery Enhances Product Distribution with Key Partnerships

    by Oluwatosin Racheal Alabi January 23, 2024
    by Oluwatosin Racheal Alabi January 23, 2024

    Dangote Refinery embarks on a major initiative, registering key associations for efficient nationwide distribution of refined petroleum products, reshaping Nigeria’s oil sector.

  • Markets

    Global LNG Shortage to Persist Until 2026, Gas Exporters Warn

    by Motoni Olodun January 23, 2024
    by Motoni Olodun January 23, 2024

    The global market for liquefied natural gas (LNG) is expected to remain tight until 2026, as demand outstrips supply amid the transition to cleaner energy sources, according to the Gas …

  • In the NewsMarkets

    BP’s West African LNG Project Faces Scrutiny Amid Delays

    by Motoni Olodun January 21, 2024
    by Motoni Olodun January 21, 2024

    BP and its partners are facing increased scrutiny from the governments of Mauritania and Senegal over their flagship liquefied natural gas (LNG) project in West Africa. The Greater Tortue Ahmeyim …

  • Energy TransitionIn the NewsMarkets

    Energean Continues Strong Performance Despite Security Concerns

    by Ikeoluwa Juliana Ogungbangbe January 19, 2024
    by Ikeoluwa Juliana Ogungbangbe January 19, 2024

    Energean, a prominent independent gas producer, has released impressive results, maintaining its trajectory towards achieving a daily production goal of 200,000 barrels of oil equivalent (boepd) despite geopolitical tensions. CEO …

  • In the NewsMarkets

    Türkiye and Libya Forge Ahead with Ambitious Energy Alliance

    by Motoni Olodun January 15, 2024
    by Motoni Olodun January 15, 2024

    At the Libyan Energy and Economy Summit in Tripoli, Türkiye underscored its commitment to strengthening cooperation with Libya, particularly in the oil and gas sectors, signaling a robust partnership in …

  • In the NewsMarketsOil & Gas

    Nigeria Reduces Oil Production Target Amid Challenges

    by Oluwatosin Racheal Alabi January 4, 2024
    by Oluwatosin Racheal Alabi January 4, 2024

    Nigeria adjusts oil production targets, focusing on realistic goals and sector revitalization.

  • Markets

    Angola Quits OPEC, Shaking Up Oil Market

    by Motoni Olodun December 22, 2023
    by Motoni Olodun December 22, 2023

    Angola, Africa’s second-largest oil producer, has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC), a move that could have significant implications for the global oil …

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  • Nigeria Plans Hydrogen Fuel To Power Industries And Boost Clean Energy
  • Kenya, Rwanda Sign Fuel Import Deal to Strengthen Supply

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Nigeria’s Oil Boom: Record Production in September 2023

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Liberia To Host First International Mining And Energy Conference...
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