Tag: Oil

Africa’s Growth Hinges on Smarter Investment as Oil and Climate Risks Mount: Economist Dumebi Oluwole

Africa has opportunities to accelerate growth through digital technology, energy infrastructure and…

By Ahmed Emam 4 Min Read

Niger Works to Contain Oil Well Blowout in Northeast

Niger is working to contain an oil well blowout in the country's…

By Ahmed Emam 2 Min Read

South Africa Imports Nearly 1Mn Barrels of Libyan Oil in Rare Shipment

South Africa imported nearly 1 million barrels of Libyan crude oil in…

By Ahmed Emam 3 Min Read

EXCLUSIVE: Libya’s Sharara Oilfield Faces Force Majeure Risk after Pipeline Shutdown

Libya’s Sharara oilfield is facing the risk of force majeure after an…

By Ahmed Emam 3 Min Read

IMF Urges Angola to Sustain Fiscal Reforms as Oil Risks Threaten Economic Stability

Angola needs to maintain fiscal consolidation, prudent monetary policy and exchange-rate flexibility…

By Ahmed Emam 2 Min Read

Libya Vows Action Over Attacks on Oil Facilities in Zawiya

Libya’s Ministry of Defense on Wednesday vowed to take “decisive” action against…

By Ahmed Emam 3 Min Read

Nigeria’s Economic Stability, Energy Reforms Drive IMF Growth Outlook, Academic Says

Nigeria's projected economic growth of 4.1% in 2026 by the International Monetary…

By Ahmed Emam 3 Min Read

ExxonMobil, Partners to Invest $1 Bn in Nigeria Offshore Oil Project

ExxonMobil and its partners will invest $1 billion in Nigeria's offshore Usan…

By Ahmed Emam 2 Min Read

Africa’s Fuel Costs Remain Elevated Despite Oil Slide

Although global oil prices have retreated from recent highs as tensions in…

By Ahmed Emam 2 Min Read

Sudan, South Sudan discuss resumption of oil transportation

Sudan and South Sudan on Sunday stressed the need to address the…

By Xinhua 2 Min Read