Houthi strikes on Saudi Arabia’s oil infrastructure have alerted the oil markets to the possibility of seeing even less Middle Eastern supply than before, with potential damage to the East-West pipeline jeopardising 3-4 million b/d of Saudi crude exports.
Cairo, Egypt//African Export-Import Bank (Afreximbank) (www.Afreximbank.com) hosted a Local Content Development Forum in Luanda, Angola, on 9 September 2026, bringing together government institutions, financial institutions, indigenous companies and industry players to explore financing opportunities across Angola’s oil and gas value chain.
Houthi attacks on Saudi energy infrastructure (and their threats of potential military incursions) as well as US strikes on Iranian oil tankers, have lifted oil prices above $99 per barrel, the highest in three months. With Israeli-Lebanese tensions flaring up again, it would only take one bellicose Trump message to push oil back into triple-digit […]
Côte d’Ivoire// — The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a new framework to mitigate the impact of the global energy and fertilizer crisis on African countries.
The Chief Executive Officer of the Ghana National Gas Company Limited, Ms Judith Adjobah Blay, has called on African leaders, policymakers and investors to intensify investments in gas infrastructure to unlock the continent’s vast natural gas potential and drive sustainable economic transformation.
Refined products have been the main driver of rising oil prices, particularly diesel, as the outlook for global middle distillate supply continues to deteriorate into late 2026.
Accra, Ghana – PETROSOL Platinum Energy PLC, a leading Oil Marketing Company, has held a national engagement session with its dealers and business partners in Kumasi, the Ashanti regional capital, to drive service excellence and business growth.
Lake Albertine Graben, Uganda// – Uganda today gave its emerging oil industry a global commercial identity as President Yoweri Kaguta Museveni officially unveiled Pearl Sweet, the name under which the country’s export crude blend will be introduced to international energy markets.
Accra, Ghana//-President John Dramani Mahama has dissolved the governing boards of nine state institutions with immediate effect.
The first exchange of direct US-Iran attacks in a month has reignited fears that conflict in the Middle East might well last into 2027, with US President Trump threatening further strikes after it attacked Larak Island.
