A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market ...

The Walcot Group, a prominent Nigerian oil firm, has announced the successful bid for three oil blocks in Angola, containing ...

Walcot Limited has signed a landmark Production Sharing Contract (PSC) with the Angolan National Agency for Petroleum, Gas, ...

Angola injected nearly $200mn to shore up a $1bn loan from JPMorgan that was backed by the country’s bonds, after the dollar ...

Angola said it used about $200 million as additional collateral for a $1 billion loan from JPMorgan Chase & Co. after the oil ...

Future oil prices depend on how quickly the tariff war ends—fast resolution could aid exporters, while delays risk recession ...

Oil price drop is biting exporters disproportionately with Nigeria and other oil export dependent economies taking the heat.

Nigerian energy firm Walcot Group has made a decisive leap into Angola’s oil and gas industry by signing a landmark Production Sharing Contract (PSC) with the Angolan National Agency for Petroleum, ...

Angola's planned licensing round in 2025, upcoming infrastructure developments and flexible block opportunities highlight the vast po ...

NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC) ( and bestselling author, will release a book on the story of ...

Angola's Sonangol is in talks with Chinese and European banks to overcome a $4.8 billion funding shortfall for its planned 200,000 barrel per day Lobito refinery, an executive with the state-owned oil ...

NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC) ( and bestselling author, will release a book on the story of ...