Energy

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 …

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 …

Libya’s Energy and Economic Summit in 2024, set to be a hub for energy sector investments and global partnership opportunities.

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. …

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 …

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 …

Nigeria, Africa’s largest oil producer, is failing to attract new investment into its energy sector due to bureaucratic hurdles and regulatory uncertainty. According to data from the Nigerian Upstream Petroleum …

Nigeria is on the verge of becoming a major player in the global oil market as the Dangote refinery, the largest single-train refinery in the world prepares to start operations …

Environment Minister Barbara Creecy urges developing nations to make sure energy security and jobs are prioritized in any arrangement

South Africa is facing a severe energy crisis as the state-owned utility Eskom struggles to keep up with the demand for electricity. The country has been plagued by frequent and …