Oil
Nigeria’s Oil Sector Receives Boost with Shell, Seplat Deals
Nigeria’s efforts to revitalize its oil industry and bolster economic growth received a significant lift with two major deals signaling renewed investor confidence...
Dangote Refinery: Ghana Aims to Save $400 Million Monthly
Ghana has set its sights on sourcing petroleum products from Nigeria’s massive Dangote Oil Refinery, a strategic move expected to dramatically cut fuel...
Chevron Nigeria Discovers New Oil in Niger Delta
Chevron Nigeria has announced a significant new oil discovery in the Niger Delta, with an estimated production potential of up to 17,000 barrels...
Nigerian Oil Regulator Rejects Shell’s $1.3 Billion Asset Sale to Local Consortium
Nigeria’s oil industry regulator has rejected Shell’s proposed $1.3 billion divestiture of its onshore assets to a local consortium, Renaissance Africa Energy Company...
Libya’s Oil at the Center of Western Interests, Says Russian Envoy
The ongoing conflict in Libya continues to draw global attention, particularly due to the country’s vast oil reserves. During a United Nations Security...
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German state data point to higher national inflation as Iran war pushes energy prices up
Preliminary data from several German states indicate that inflation in Germany is set to rise at the national level, driven largely by surging...
Foreign investors flee Indian assets at record pace on oil shock, pummel rupee
Foreign investors have pulled money out of India at an unprecedented pace as surging global oil prices and geopolitical uncertainty rattled markets, putting...
