The African continent faces a severe energy shortfall, with over 600 million people lacking access to electricity. Contingent to the above, about thirty African heads of state and government have ...

NUPRC has threatened sanctions for oil firms deliberately failing to meet domestic crude supply obligations to refineries.

Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027.This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, ...

African Development Bank Group and the World Bank Group plan to allocate $48 billion in financing for Mission 300 through ...

Money to go towards the Mission300 project that aims to connect at least 300 million ...

Bilateral and multilateral collaborations emerge as central to achieving the 'Mission 300' goal of connecting 300 million ...

An initiative led by the African Development Bank and World Bank is securing big money and political commitments to bring ...

Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase ...

Oil futures finished higher Thursday, a day after the U.S. benchmark saw its lowest settlement of the new year, as traders continued to weigh the possibility that President Donald Trump will implement ...

International lenders have pledged an additional $8 billion to support a $48 billion World Bank and African Development Bank ...

The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President ...