international market, up from $65, after news broke of Israel’s surprise strike on Hamas targets in Qatar. The development, which rattled the oil market, immediately triggered fears of supply disruption …
South Africa’s electricity utility, Eskom, has announced that the country will not experience load shedding throughout the coming summer. This means from September 2025 until the end of March 2026, …
Several towns in northern Botswana have been left without electricity following a supply disruption from Zambia’s power utility, ZESCO. The affected areas include Plateau, Kasane, Kazungula, and Lesoma, which rely …
The Association of Distributors and Transporters of Petroleum Products (ADITOP) has distanced itself from the planned strike by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and allied …
The global oil market is set for another adjustment as eight member countries of the OPEC+ alliance announced plans to increase their crude oil production by a total of 137,000 …
Nigeria’s construction industry, valued at over $108 billion, is witnessing renewed growth driven by rising government spending on housing and infrastructure. This expansion will take centre stage at the Big …
Angola’s President, João Lourenço, has described the oil industry as the backbone of his country’s economy, stressing that petroleum has played a decisive role not only in generating national revenue …
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to the Nigerian National Petroleum Company Limited (NNPC Ltd) to settle outstanding petroleum equalisation funds and clear pending product loading …
The average cost of refilling a 12.5kg cylinder of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, dropped significantly in August 2025, according to market checks and fresh data …
The South-South Development Commission (SSDC) has announced plans to focus on key projects that will accelerate growth in the region, with rail and road infrastructure, industries, agriculture, telecommunications, housing, and …