Nigeria has broken up its prized OPL 245 deepwater oil block into four new assets to be co-developed by Shell Plc and Eni SpA, clearing ...

After 35 years at Shell, Bayo Ojulari assumed the helm of the Nigerian National Petroleum Company only to find that private-sector expertise is no match for the labyrinth of Nigerian politics.

Renaissance Africa Energy Company Limited pulled off the biggest divestment transaction by an indigenous company in Nigeria’s history last March when it completed the acquisition of Shell’s share in ...

As monetary turmoil begins to ease, the continent’s economic resilience and strong performances in certain commodities have underpinned the recovery of African companies.

Sustained import activity and steady vehicle demand allowed Toyota Motor Philippines (TMP) to increase its contribution to ...

His leadership during a pivotal phase of the company, following Wafi Energy Holding’s acquisition of Shell Pakistan in November 2024, has ensured business continuity, strengthened performance, and ...

Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the fourth quarter of 2025. For the quarter, the Company generated a net loss of ...

Oil companies will raise pump prices for a ninth consecutive week on Tuesday, March 3, as escalating military tensions in the Middle East and supply ...

Traders braced for a volatile and risk-off open to the week for global stock markets after the US and Israel attacked Iran, with the focus turning to energy and defence companies as potential havens ...

In Oman, this evolution is closely tied to the country’s subsurface expertise, distinctive geology and industrial profile ...

U.S. and Israeli strikes against the Iranian regime and military threaten to upend the global oil market and send shock waves through the world economy.

Mexican drug lord’s death didn’t disrupt his Jalisco cartel’s powerful US networksCartel launders money, buys guns, and ...