Oil & Gas

Oil and gas company Eco Atlantic has signed a Memorandum of Understanding to acquire 100% of Azinam Group including Azinam's...

Assets held by the world’s sovereign wealth and public pension funds rose to a record US$31.9 trillion in 2021 thanks...

South African stocks are closing out their best year since 2009, although the gains have little to do with local...

Brazil raised nearly $2 billion (~R31.85 billion) Friday with the auction of two large oil blocks, drawing bids from major...

Fuel supply hiccups have characterised Zambia’s fuel price increase on Friday as the southern African country kick-started austerity measures under...

While the petrol price still went up on Wednesday, it was by 75c per litre, and not 81c as the...

A fund backed by Dutch trading giant Vitol Group agreed to buy Vivo Energy in a deal valuing the Africa-focused...

A twenty-minute stroll through The Hague — The Netherlands’ pretty but low-key capital city — takes you from the prime...

The National Petroleum Corporation of Namibia (Namcor) is currently in the hunt for oil blocks in Angola and Nigeria as...

The European Union plans to introduce carbon emission taxation will hurt African economies significantly and unfairly, the African Climate Foundation...