Markets

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 …

In a landmark move propelling sustainable energy agendas, EPCM Holdings has inked a critical contract with Mauritania’s leading industrial giant, Société Nationale Industrielle et Minière (SNIM). This monumental agreement paves …