Tag: global energy market

OPEC+ to Pause Oil Output Increases in Early 2026 to Preserve Market Stability

Oil Prices Rise as U.S. Sanctions on Russian Energy Giants Spark Supply Fears

Crude oil prices stabilized at $68.03 Brent and $65.02 WTI after U.S. sanctions on Iran and ahead of an OPEC+ meeting

EU's ambitious pledge to purchase $750 billion of U.S. energy faces serious logistical, economic, and market challenges

One of the most striking aspects of Africa’s oil boom in 2024 is the surge in exploration activity within frontier and immature basins.

Oil prices experienced a slight decline on Monday as market participants anticipated potential policy changes from President-elect Donald Trump. Analysts speculate that Trump may relax sanctions on Russia’s oil industry ...

In a move hailed as a testament to Nigeria’s growing appeal to international investors, The Democratic Front (TDF) has celebrated Shell’s $5 billion Final Investment Decision (FID) for the Bonga ...

The Dangote Refinery has announced the export of Premium Motor Spirit (PMS), commonly known as petrol, to four African countries: Cameroon, Angola, Ghana, and South Africa. This milestone achievement underscores ...