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Energy
Nigeria’s NNPC receives Afreximbank $925M crude oil-backed loan
Afreximbank has allocated $925 million to Nigeria's state-owned NNPC as part of a syndicated $3.3 billion…
Nigeria to maintain fixed petrol prices in ’24 budget
Nigeria plans to spend 5.4 trillion naira ($3.7 billion) in 2024, a 50 per cent increase from 2023, to maintain…
Aramco’s sale attracts foreign investments unlike 2019’s
Foreign investors eagerly embraced Saudi Aramco's $12 billion share sale, contrasting with its 2019 debut,…
OPEC+ defends decision amid oil volatility
OPEC+ ministers stood firm against oil's bearish reaction to their decision to gradually increase crude production…
Acceleration needed in global energy transition – experts
The speed and scale of the global energy transition need to increase to limit the rise in global warming to 1.5…
Namibia aims to become global green hydrogen hub
King Philippe of Belgium visited the Namib desert in early May to inaugurate a project aimed at decarbonising…
Clean energy spending to double fossil fuels in ’24 – IEA
Global spending on clean energy technologies is set to hit $2 trillion in 2024, almost double the $1 trillion…
S. Arabia enters BIS-led central bank digital currency trial
Saudi Arabia's participation in a significant BIS-led trial for central bank digital currency (CBDC) marks a…
Amwal Al Ghad Awards 2024 unveil Egypt’s Most Influential Women winners
Amwal Al Ghad Awards Ceremony 2024 announced on Monday the winners of the Most Influential Women in Egypt Awards.
EU sanctions on Russian LNG not to hurt Asian market
Proposed new European sanctions targeting transshipments of Russian liquefied natural gas (LNG) are unlikely to…
