Although Shell and TotalEnergies had announced discoveries of at least 11 billion barrels of light oil and 8. 7 trillion ...

There have been several oil explorations by major oil conglomerates in the Southern African country of Namibia in recent ...

Shell, its partners QatarEnergy and Namco, discovered hydrocarbons in block PEL39 in 2022. This discovery, along with a ...

Africa is experiencing an energy boom, with significant growth in both fossil fuel and renewable energy sectors, driven by ...

Oil markets have been focused on sanctions in the first days of 2025, with Biden tightening sanctions on China and preparing more for Russia and Iran.

The recent news of the acquisition of Shell’s assets in Nigeria by Renaissance Energy has added another layer to the wave of divestment by major oil companies to independent operators across Africa ...

At one end of the road, crews built a 40-foot-high conveyor belt that whisks the coal over swampland to a new jetty on the Mahakam River. From there, the coal is funneled onto barges and floated ...

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1500 ET – Oil futures give up gains in a technical pullback, with ...

Discoveries on the Namibian side of the Orange Basin over the last two years amount to recoverable reserves of over 2.1 billion barrels of oil equivalent, according to Rystad Energy.

ShareA new report has indicated that Nigeria and other oil rich countries in Africa are currently experiencing a surge in energy development, with both fossil fuel and renewable energy projects on the ...