The Chamber of Oil Marketing Companies (COMAC) has initiated a strategic collaboration with Tamale Technical University to strengthen petroleum marketing education in Ghana.
Category: Oil & Gas
Trump–Putin Meeting Keeps Oil Markets in Wait-and-See Mode
Thin trading liquidity, rangebound price movements, and almost zero interest in any other topic than the Trump-Putin meeting in Alaska have marked this week, with ICE Brent still trading around the $66 per barrel mark. LNG prices have already shed some $0.50/MMBtu this week as gas traders seem to expect some semblance of a deal […]
Aramco Signs $11 Billion Jafurah Midstream Deal with International Consortium
Saudi Arabia// — Aramco, one of the world’s leading integrated energy and chemicals companies, has signed an $11 billion lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, led by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock.
Africa’s Energy Security on the Line as Shell’s Orange Basin Exploration Faces Court Battle
Cape Town, South Africa// — Shell’s plans to explore for oil and gas in South Africa’s Orange Basin, recently granted environmental authorisation to drill up to five deepwater wells, now face a court appeal from environmental groups and coastal communities.
Trump-Putin Summit Could Be Oil’s Next Big Catalyst
The extension of the US-China trade truce has sparked some upbeat sentiment across the commodity spectrum; however, the impact on oil markets has been fairly muted, with ICE Brent clinging on to the $66 per barrel mark.
Trump-Putin Talks Put Oil Markets on Edge
The Trump-Putin meeting has become the main commodity market news of this week, with analysts speculating about the likelihood of a comprehensive deal and the impacts this could have on oil markets.
Tullow Announces Strong 2025 Half-Year Results
– Tullow Oil plc, the independent oil and gas exploration and production group (Group), announced its Half Year Results for the six months ended 30 June 2025.
Oil Drops as Markets Digest OPEC+ Supply Decision
In a surprise move, the US-India trading relationship has become the main talking point of this week, with the Indian government pledging to protect its economic interests and calling Trump’s threats ‘unjustified’.
Oil Falls Below $70 as Sentiment Sours
Buoyed by Trump’s Russia threats and news of Indian state refiners curbing purchases of Russian crude, crude oil futures have been trending above $70 per barrel throughout the week, settling on Friday slightly below the $71 mark.
Financing Energy Access in Africa: Leveraging Fossil Fuel Revenues to End Energy Poverty
In an emissions-focused world, do oil and gas revenues have a role to play in ending energy poverty in Africa? It may sound counterintuitive, but many would argue that they do, albeit as enablers of a future powered by alternative energy sources.