Would there be a US-Iran ceasefire extension or not? This very banal question seems to be resonating ever more strongly across the oil markets, as Iran’s rejection of any communication with the Trump administration on Monday gave way to another spark of hope on Tuesday.
For a decade, the Tema Oil Refinery (TOR) stood not as a beacon of industrial sovereignty, but as a monument to institutional decay, a vast, silent engine of debt buried beneath the suffocating dust of unaccountability.
ICE Brent is set to post its largest weekly loss in two months, dropping by almost 10%, as media reports present a 60-day extension of the current ceasefire and a temporary Hormuz navigation deal as close to being a done deal.
Oil markets are rapidly pricing in the idea that the worst of the Iran crisis may soon be over, but investors may be moving ahead of reality, warns Nigel Green, CEO of global financial advisory giant deVere Group.
Argentina// — Africa’s energy sector is entering a different phase of capital formation. For the past two decades, the focus has been on attracting international investment into the continent’s upstream oil and gas projects.
In a week of contradicting narratives, the largest-ever US inventory drawdown sparked only a minor bullish moment as media reports of some form of negotiations between the US and Iran continue to resonate.
The Ghana Grid Company and the Electricity Company of Ghana have scheduled planned and emergency maintenance exercises across the Volta and Ashanti Regions for Friday, May 22, 2026, with engineers set to undertake critical infrastructure upgrades that will temporarily disrupt power supply to several communities.
Accra, Ghana//-Ghana’s government has laid out plans for a 1,000-megawatt (MW) nuclear power plant aimed at strengthening the country’s long-term energy security and supporting industrial growth.
When global energy prices spike, governments face an unenviable dilemma: shield people and businesses while straining already reduced room in public budgets—or let prices rise for everyone and risk social and political backlash. So, how can policymakers do the best of both?
The noise around an imminent resumption of hostilities between the US and Iran has eased somewhat after US President Trump tweeted that his administration would ‘hold off’ on a planned military attack.
