Investing GM Stock Films / Getty Images Global central banks are now holding more gold than U.S. Treasuries. Reports circulating this week indicate that, for the first time since 1996, central banks’ foreign exchange holdings hold more gold than U.S. …

The Dangote Petroleum Refinery last week made its first Premium Motor Spirit (petrol) shipment to the United States, while local marketers insisted on fuel importation. This confirmed earlier reports that the refinery is exporting more fuels following the …

Angola has officially launched the first phase of its long-awaited Cabinda oil refinery, with initial production scheduled to begin by the end of 2025, Mining Zimbabwe can report. By Rudairo Mapuranga The move marks a critical first step in the country’s …

Dangote Refinery has sourced crude oil from Ghana for the first time, signaling a strategic push to diversify its feedstock.  This move addresses concerns about operational reliability at Africa’s largest refinery, which is currently operating at 450,000 …

Since the refinery began production, the company has sourced crude not only from Nigeria but also from Brazil, Angola, Ghana, and Equatorial Guinea, according to Dangote Industries’ Executive Director Devakumar Edwin. According to Kpler, a market insights …

VAALCO Energy, Inc. (NYSE:EGY) is one of the 14 Best Cheap Dividend Stocks to Buy Under $10. The company declares quarterly cash dividends after achieving its production guidance and reiterating its full-year guidance. VAALCO Declares Dividend After …

GCC-Japan Ministerial Meeting, a platform to strengthen political and economic ties By Khaled Al-Abdulhadi and Agencies KUWAIT: Foreign Minister Abdullah Al-Yahya affirmed on Monday that the 165th regular session of the GCC Ministerial Council, along with …

1 ABUJA  – Nigeria, Africa’s largest oil producer, has long been synonymous with vast hydrocarbon reserves that could propel it to economic superpower status.  With proven oil reserves exceeding 37 billion barrels and natural gas reserves topping 200 …

Cameroon plans return of Limbe Refinery to rival Nigeria Nigeria’s Dangote Refinery has for the first time sourced crude oil from Ghana, a move that shows its diversification strategy amid persistent questions over operational setbacks. The refinery, which …

By Babawale Obayanju The Democratic Republic of the Congo (DRC) is home to one of the world’s most biodiverse ecosystems and one of the largest carbon sinks left on Earth, second only in size to the Amazon rainforest and encompassing more than half of the …