Oil prices climbed as unrest in Iran raised fears of supply disruption, pushing traders to focus on geopolitical risk despite expectations of a global crude surplus
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MA’AM Energy’s $750m takeover of Geregu Power is raising investor expectations, resetting valuations and signalling deeper private investment in Nigeria’s electricity market
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Trump signaled he may bar Exxon from Venezuela after its CEO called the country uninvestable, highlighting lingering disputes over assets, debt and control of oil revenues
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Goldman Sachs expects oil prices to weaken in 2026 as rising supply and inventories create a surplus, delaying a sustained recovery until at least 2027
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Eterna Plc has opened a ₦21.52bn rights issue to fund expansion, boost liquidity and reinforce its balance sheet amid volatility in Nigeria’s downstream energy market
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KEY POINTS Eskom says South Africa’s electricity system remains stable and capable of meeting higher demand expected in the coming weeks as businesses and industries resume operations after the festive …
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TotalEnergies has secured a new offshore permit in Lebanon, pressing ahead with Mediterranean exploration as the country looks to gas discoveries to aid recovery
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OpenAI and SoftBank have invested $1 billion in SB Energy, backing large Texas data centers as electricity supply becomes central to the future of artificial intelligence.
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Meta signed long-term nuclear power deals with Vistra and backed new reactor projects as it secures electricity supply for expanding data centers and artificial intelligence growth
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Venezuela’s oil stockpiles at sea jumped sharply as US enforcement tightened, tankers stalled offshore, and Chinese buyers grew cautious about future crude supplies