News

Oil Spill Forces Beach Closures Along UAE’s Coast

The UAE has launched containment operations and environmental assessments after a tanker spill off Umm Al…

Heidelberg Materials Pauses German Carbon Capture Project

Heidelberg Materials has paused its €191 million GeZero carbon capture project in Germany, citing weak commercial…

Dangote Refinery IPO Could Expand Nigeria’s Active Investors

Nigerian Exchange Group CEO Temi Popoola says Dangote Refinery’s proposed $1.6 billion IPO could increase Nigeria’s…

McKinsey: Asia Needs $1 Trillion Annual Energy Investment

Asia may need to invest up to $1 trillion annually in energy over the next 15…

NBTI Unveils $600m Investment Pipeline for Solar Energy and Innovation

The National Board for Technology Incubation has announced a proposed $500m solar programme for universities and…

Energy Disruptions Threaten Middle East, North Africa and Pakistan’s Economic Outlook, IMF Says

The IMF forecasts a 1.3% economic contraction across the Middle East, North Africa and Pakistan in…

Dangote Acquires 25% Stake in Kenya Pipeline Network to Expand Fuel Distribution

Dangote Industries is expanding petroleum distribution across Africa after acquiring a 25% stake in Kenya’s pipeline…

Delta Community Shuts Chevron Oil Wells Over Alleged Marginalisation

Ifie-Kporo residents shut operations at two Chevron-operated oil wells in Delta State, demanding recognition as a…

FG Clears N100bn Gas Debts to Strengthen Power Supply

The Federal Government has cleared over N100bn in outstanding gas debts since January 2026 to strengthen…

Invictus Moves Closer to Drilling Zimbabwe’s Musuma-1 Well

Invictus Energy has begun moving Exalo Rig 202 to the Musuma-1 exploration site in Zimbabwe’s Cabora…