Bowleven, an oil and gas company focused on the Etinde project offshore Cameroon, saw its share price plunge by 58% on Tuesday after warned of a possible cash crunch and…
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Aiming to capitalize on a recent surge in production from a principal African asset, Tullow Oil, which primarily focuses on African operations, is targeting a cash flow of $800 million…
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In a joint move, the Tanzanian government collaborates with the European Union (EU) and the United Nations Development Programme (UNDP). Their goal? To launch Tanzania’s first Energy Efficiency Action Plan.…
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Worries about varied petroleum product grades in Africa and potential health concerns are about to see a shift. The African Refiners and Distributors Association (ARDA) has made a commitment: by…
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Oil prices dropped on Tuesday as fears of interest rates staying high for longer weighed on the global economic outlook, offsetting the impact of tight supply. Brent crude futures fell…
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Dr. Zwanani Titus Mathe, CEO of the South African National Energy Development Institute (SANEDI), pulled no punches in his recent keynote speech at the Southern African Energy Efficiency Conference. He…
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The UK government has announced that it will delay the new petrol and diesel car ban by five years, sparking criticism from environmental groups and opposition parties. The ban, which…
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Amidst rising anticipation, the Dangote Petroleum Refinery is currently importing crude oil, expecting to receive its inaugural crude cargo in a fortnight, according to Devakumar Edwin, the Executive Director of…
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For the first time since 2022, the Qua Iboe, a renowned Nigerian crude variant, has witnessed its price soar past $100 per barrel. This noteworthy surge stems from a continuing…
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Greenpeace has launched a legal bid to stop the development of a large gas field in the North Sea, claiming that the UK government failed to consider the climate impacts…