The East African Development Bank (EADB) has taken a significant leap forward in fostering sustainable economic development ...

Following US airstrikes on Iranian nuclear facilities, Brent Crude prices initially surged by 5% before paring gains.

The East African Development Bank (EADB) has signed a $40 million (approximately Sh105.7 billion) loan agreement with the ...

Vladimir Putin met with OPEC Secretary General Haitham Al Ghais on the sidelines of the International Economic Forum.

With Iran's crude exports so far unaffected, the OPEC secretary-general said OPEC doesn't need to take any immediate action.

The OPEC Fund For International Development has pledged to provide more than $1bn in funding to Africa and developing ...

OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate ...

OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...

Russian Deputy Prime Minister Alexander Novak has discussed the situation on the global oil market with OPEC Secretary ...

Haitham Al Ghais added that a dip in investments has been observed in the market recently and the time has now come to resume them in order to stimulate the sector ...

"On our side, we will be glad to see you at the traditional Russian Energy Week in Moscow," the Russian president said at the meeting with OPEC Secretary General Haitham Al Ghais ...

Even countries whose economies rely heavily on petrol is making the switch to EVs. Read more at straitstimes.com. Read more ...