Shell Plc said it has suspended its plans to sell its onshore oil assets in Nigeria, responding to a Supreme Court suit over oil leak appeal filed by a community …
Oil & Gas
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FNB has announced additional eBucks incentives to help its rewards customers to offset record-high fuel prices. For the next three months, it will give qualifying customers an additional R2 per …
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State-owned National Oil Corporation of Kenya will from August start shipping fuel from Saudi Arabia at lower prices than the global rates in the latest push by the government to …
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Shell Plc an oil major has confirmed that its planned sale of onshore assets in Nigeria will go ahead and was not affected by a Supreme Court ruling in a …
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BusinessEconomyEducationManufacturing & Consumer GoodsOil & GasUncategorized
Insurance Firms Named Top Abusers Of Buyers Power
The Competition Authority has named the insurance industry as the top abuser of buyer power accounting for 72 percent of all cases investigated by the authority. This is an increase …
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Sri Lanka has closed schools and halted all non-essential government services, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund (IMF) opened talks with Colombo on …
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Energy Cabinet Secretary Monica Juma says there is need for Kenya to embrace green energy production in the wake of the skyrocketing fuel prices. Juma who is also the acting …
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The National treasury now says fuel prices could increase further as the government seeks to gradually remove the subsidy cushioning kenyans against high cost. In a statement, Cabinet Secretary Ukur …
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Crude oil production from the Organisation of Petroleum Exporting Countries (OPEC) and its Russia-led allies rebounded modestly in May from a steep drop in April but remained well short of …
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AfricaBusinessEnergyOil & GasSouthern Africa
TotalEnergies wins stake in $29bn Qatar gas project to boost exports
TotalEnergies SE became the first foreign company to win a stake in a multi-billion dollar project to boost Qatar’s gas exports. Qatar is expanding production of liquefied natural gas amid …