OPEC+ has confirmed that it will pause its scheduled output increases during the first quarter of 2026, citing emerging signs of a growing oil surplus and a rapidly shifting energy demand
In a landmark move set to reshape Africa’s emerging energy landscape, Al Maktoum Finance, operating under the Office of H.H. Sheikh AbdulHakim Al Maktoum Group Holdings, has signed a future USD 100 million
OPEC+ is preparing to approve a small increase in oil production for December, according to delegates familiar with the matter, signaling a cautious shift in strategy as the alliance weighs
In a move that signals a dramatic escalation in the economic confrontation with Russia, the United States has imposed major new sanctions on Rosneft and Lukoil—the country’s two largest oil companies.
Global financial markets are witnessing a sharp surge in gold prices as escalating tensions between the United States and China reignite investor fears of economic disruption and geopolitical instability. Analysts say this
Russian crude seen as critical to stabilizing energy markets amid tightening global supply and geopolitical tensions. Russian President Vladimir Putin issued a stark warning to global energy markets this week, stating that oil
Cairo’s recent extension of a $35 billion gas deal with Israel through 2040 represents a landmark energy partnership, yet rising unrest in Gaza threatens to disrupt the stability of this critical supply
Russia’s state-controlled energy giant Rosneft has signed a major agreement to increase crude oil deliveries to China, signaling the deepening energy partnership between Moscow and Beijing and underscoring the shifting
For decades, Botswana has been celebrated as one of Africa’s most remarkable economic success stories, transforming from one of the world’s poorest nations at independence in 1966 into the richest country
Iraq’s energy sector stands at a pivotal crossroads as China deepens its footprint in one of the country’s most vital oil projects—the Common Seawater Supply Project (CSSP). This massive infrastructure
