Angola’s first gold refinery to start operations as it pushes beyond oil and diamonds.
The refinery, located in Viana near Luanda, has a processing capacity of about 20 kilograms per day. Construction and equipment installation have […]
Italian energy giant ENI announces gas discovery off Egypt coast.
ENI made the discovery with the drilling of the Denise W exploration well, located about 70 kilometres offshore in the Eastern Mediterranean […]
European Gas Futures Jump 3% as Trump’s Iran Strike Deadline Nears.
European natural gas futures opened higher on Tuesday as markets are awaiting developments in Iran after U.S. President Donald Trump threatened escalation […]
Africa’s largest uranium producer, Namibia, unveils new high-grade critical mineral site.
The results highlight strong tin, lithium, tantalum, and rubidium along a 2.2-kilometre pegmatite trend, supporting potential resource definition and future mining development. These minerals […]
JP Morgan Sees $150 Oil if Hormuz Remains Closed Through Mid-May.
Oil prices could top $150 per barrel if energy flows through the Strait of Hormuz remain disrupted through the middle of May, […]
Iran war pushes Germany’s deficit to 4.2% as growth outlook is cut by 50%.
The Iran war is hitting the German economy at the worst possible time. Having only just fought its way out of a […]
Venezuela Oil Exports Top 1 Million Bpd in March.
Venezuela exported crude oil at a rate of over 1 million barrels daily last month, for the first time in six months. […]
Brent Oil Dips Below $100 as Trump Signals End to Iran War.
Brent Crude oil futures plunged by 4% early on Wednesday to trade below $100 per barrel for the first time in a […]
Iran war wipes $120bn off Dubai, Abu Dhabi stock markets.
The United Arab Emirates’ stock markets in Dubai and Abu Dhabi have lost around $120bn in value since the start of the […]
Nigeria’s State oil giant eyes New York, London IPO as $20 billion project signals investor revival.
Speaking at the recent CERAWeek by S&P Global conference in Houston, Group Chief Executive Officer Bayo Ojulari said the company is prioritising […]
Big Oil to reap billions from Iran war windfall after month of soaring energy prices.
As Big Oil executives gathered this week and discussed the biggest-ever disruption to global energy supplies due to the war in Iran, there was one impact […]
Africa’s third-largest oil producer to sell $2.5 billion of Eurobonds as oil surges.
Angola is set to raise $2.5 billion through the sale of dollar-denominated bonds, betting that higher oil prices driven by the Iran–Israel […]