Tag:Oil prices

Rising oil prices renew coal debate for African SMEs power

African economies are facing mounting pressure from volatile global oil prices linked to the ongoing Gulf conflict, with analysts warning that small and medium-sized...

Oil prices rise 10% after Iran hits Qatari gas hub

Oil and gas prices soared on Thursday, March 19, 2026, after Iran hit the world's largest liquefied natural gas (LNG) facility in Qatar and...

G7 urged to tax fossil fuel windfall profits amid surging oil prices

G7 countries were on Tuesday, March 10, 2026, urged to enact a windfall tax or tax on the excess profits of oil and gas...

Oil market imbalance set to increase as rising supply outpaces demand growth

Oil prices have been caught in the crosshairs of fast-changing market dynamics. While new sanctions on Russia and Iran threaten to impact trade flows,...

Oil climbs on supply worries, Trump tariffs check gains

Oil prices extended gains on Tuesday, February 11, 2025, amid concerns over Russian and Iranian oil supply and sanctions threats, despite worries that escalating...

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2026 Easter celebration: NGO donates gifts to needy to give them hope

As part of its efforts to commemorate the 2026 Easter celebration, the Msbon Foundation, a non-profit organisation, has distributed...
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4th NewGen Renewable Energy Accelerator opens its doors to young innovators

The International Renewable Energy Agency (IRENA) launched the fourth edition of the IRENA NewGen Renewable Energy Accelerator (NewGen), aimed at...

Countries pledge $3.9bn to GEF towards ambitious ninth replenishment

Donor countries have pledged an initial $3.9 billion to the Global Environment Facility (GEF) for its ninth replenishment cycle,...

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2026 Easter celebration: NGO donates gifts to needy to give them hope

As part of its efforts to commemorate the 2026...

4th NewGen Renewable Energy Accelerator opens its doors to young innovators

The International Renewable Energy Agency (IRENA) launched the fourth...