NCDMB, BOI Launch $100 Million Equity Fund To Boost Oil Services, Create 19,500 Jobs
In a move to provide a new financing solution to the Nigerian
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Hormuz Tanker Traffic Remains Subdued Despite Reports of Peace Talks
Five tankers passed through the Strait of Hormuz yesterday, with three of
Africa’s top oil producer unlocks $3 billion and frees more crude for export with $4.5 billion state oil company refinancing
The National Economic Council (NEC) approved the refinancing of the company’s
South Africa wins Chinese backing for $122 billion energy expansion to rebuild manufacturing sector
Electricity and Energy Minister Kgosientsho Ramokgopa unveiled the investment drive during a
Tanker Traffic Remains Subdued Despite Trump’s Talk of Peace
Tanker crossings in the Strait of Hormuz and Bab el-Mandeb remained subdued
Oil prices rebound to $85 as Middle East supply concerns persist
Oil prices rebounded by over 1 percent on Tuesday after tumbling in
First HoldCo launches $1 billion equity offering in major capital raise
Opening on August 3, 2026, the $1 billion transaction involves offloading a
Africa’s second-largest gold producer to raise $900 from mining revenues for roads, railways and energy infrastructure
The plan offers the clearest indication yet of how Mali, Africa’s
Indian Oil Subsidiary CPCL Plans 280,000 Bpd Manali Refinery
Indian refiner Chennai Petroleum Corporation Limited plans to boost the crude oil