European Union leaders agreed to pursue a ban on imports of most Russian oil
Under the agreement, GCB and SUNREF will continue to offer competitive loans and technical assistance for structuring green investment to companies, organisations, individuals and households
Brent crude for July, which expires on Tuesday, rose US$2.19, or 1.8%, to US$123.86 a barrel at 0650 GMT, after earlier rising to US$124.10 – its highest since 9 March
PIAC has expressed worry over the manner in which oil revenue is used to pay judgement debt awarded against the state.
The AfDB has been urged to partner with continental and international entities to ramp up funds for mitigation and adaptation to tackle climate change
As the MSGBC region gradually positions itself as a globally competitive gas economy, the MoU will be instrumental in accelerating the adoption and monetization of gas.
The U.S. dollar and oil prices are frequently inversely related due to the fact that oil is priced in dollars which makes it relatively more expensive to buy with other currencies.
Tullow Oil says it will continue operations in Africa despite plans by other operators to shift from the continent.
The Group of Seven urged OPEC to pump more oil, even as it made new pledges to try to fight climate change.
The current market situation was attributed to a disruption in supply following moves to ban Russian oil by the European Union