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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ECA seeks coordinated action to advance SDGs, Agenda 2063

The Executive Secretary, Economic Commission for Africa (ECA), Claver Gatete, has called for coordinated and transformative action to advance...
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Kano to plant 10m trees to mitigate climate change 

The Kano State Government has announced plans to distribute 10 million tree seedlings for planting across the state, as...

Mixed reactions trail Lagos solar approval policy

Some Lagos residents on Tuesday, April 28, 2026, expressed divergent views on a directive by the state government requiring...

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ECA seeks coordinated action to advance SDGs, Agenda 2063

The Executive Secretary, Economic Commission for Africa (ECA), Claver...

Kano to plant 10m trees to mitigate climate change 

The Kano State Government has announced plans to distribute...