Energy

French independent Maurel & Prom has struck a £62 million ($75.8 million) deal to acquire UK-listed Wentworth Resources after having...

Insurance firm Britam has backed out of a deal to underwrite the East African Crude Oil Pipeline (Eacop) after the...

The OPEC Fund for International Development and the African Development Bank Group have signed a memorandum of understanding to expand...

President Samia Hassan will present an $18 billion plan to build renewable power generation in southern Africa at talks in...

Tanzania will sign key agreements with oil majors including Equinor ASA and Shell Plc next month to pave the way...

Hydro power generation has slumped in Tanzania as a prolonged drought reduced water levels in rivers and reservoirs, forcing the...

Global carbon emissions from energy will peak in 2025 thanks to massively increased government spending on clean fuels in response...

Oil companies brought in record profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil...

Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the...

Suncorp and QBE have joined other major insurance providers in ruling out underwriting the controversial East Africa Crude Oil Pipeline...