South Africa’s plan to split power utility Eskom Holdings SOC Ltd. into separate units could weaken the state-owned electricity utility’s risk profile because its transmission unit accounts for a major share of its earnings, according to a bondholder and a ratings agency.
South Africa’s plan to split power utility Eskom Holdings SOC Ltd. into separate units could weaken the state-owned electricity utility’s risk profile because its transmission unit accounts for a major share of its earnings, according to a bondholder and a ratings agency.
Oil rose for a third day as a fresh exchange of strikes between the US and Iran cast doubt on the prospects of a peace deal that would reopen the Strait of Hormuz.
Oil rose for a third day as a fresh exchange of strikes between the US and Iran cast doubt on the prospects of a peace deal that would reopen the Strait of Hormuz.
Storage tanks for transport fuels and petroleum products at the Navigator Thames oil depot terminal on the outskirts of London, UK, on Monday, March 23, 2026. Brent crude plunged from $112 a barrel to as low as about $96 a barrel as US President Donald Trump signaled negotiations were underway even as Iran denied the talks.
Namibia said it arranged an emergency deal with Vitol Group for three months of fuel supply through September in an effort to mitigate price shocks for oil products caused by the Iran war.
Namibia said it arranged an emergency deal with Vitol Group for three months of fuel supply through September in an effort to mitigate price shocks for oil products caused by the Iran war.
A truck travels through the Namib desert near the Cleanergy Solutions green hydrogen plant outside Walvis Bay, Namibia, on Friday, May 3, 2024. Cleanergy, a venture between Antwerp-based shipping company Compagnie Maritime Belge SA (CMB) and local firm Ohlthaver & List Group, will be Namibia's first commercial green hydrogen plant, built at a cost of $30 million, as CMB intends to raise $3.5 billion to build an ammonia plant that would connect to a new storage and export facility planned by the Port of Antwerp-Bruges.
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