Italy has unveiled a $6 billion fund to strengthen its energy and education ties with Africa, as a way to address the root causes of migration and to support the …
Energy
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Nigeria’s Dangote refinery, the largest in Africa, has made history by importing crude oil from the US for the first time. The refinery is seen as a game-changer for Nigeria’s …
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Uganda has announced a new partner for its long-delayed oil refinery project, a United Arab Emirates (UAE) firm with no prior experience in the sector. The government hopes that the …
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Algeria is in talks with the U.S. oil giant ExxonMobil to boost its oil and gas output, according to an energy ministry statement on Tuesday. The statement said that a …
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Exxon Mobil Corp, the largest U.S. oil producer, reported a drop in its fourth-quarter earnings on Thursday, as it wrote down $2.5 billion of assets in California and faced lower …
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The price of oil climbed higher on Wednesday after President Joe Biden said he would replenish the Strategic Petroleum Reserve (SPR), the world’s largest emergency oil stash. Biden’s decision came …
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Libya’s Energy and Economic Summit in 2024, set to be a hub for energy sector investments and global partnership opportunities.
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In the News
Mozambique’s Power Grid Under Attack: How Vandals Are Sabotaging the Country’s Energy Supply
Mozambique is facing a serious threat to its electricity supply as criminals target its power infrastructure, causing millions of dollars in losses and leaving thousands of people in the dark. …
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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, Africa’s largest oil producer, has been burning off its natural gas for decades, wasting a valuable resource and harming the environment. But with new policies and technologies, the country …