Oil & Gas

Biden announces $600 million for Angola’s Lobito Corridor, boosting African trade infrastructure and countering China’s Belt and Road Initiative.

OPEC+ delays output increases and extends cuts to support oil prices and the market amid weak demand and rising production outside the group

AfDB approves a $162.76 million loan to diversify Angola’s economy, strengthen governance, and support inclusive, climate-resilient growth.

Katsina State will implement hydro, solar, and wind energy projects to enhance electricity access, job creation, and sustainability

Oil prices rise as China’s manufacturing activity boosts demand while Middle East tensions create volatility in the global oil market

TotalEnergies commits $750 Million to Ima gas project, boosting Nigeria’s LNG supply amid Tinubu-led energy sector reforms.

ReconAfrica completes Naingopo well drilling in Namibia, targeting hydrocarbons in the Kavango Basin with evaluation underway.

Cuba urges businesses to adopt renewable energy amid ongoing power shortages. New rules target energy conservation and air conditioning use

Oil prices are steady despite a surprise gasoline stock build and concerns about Federal Reserve rate cuts, while OPEC+ considers output delays

Nigeria’s fuel refining capacity increases as the Port Harcourt Refinery resumes operations, marking a significant achievement for the nation’s energy future.