Category: Oil & Gas

Accra//– Vivo Energy Ghana PLC, the Shell licensee, has reaffirmed its commitment to operational excellence, customer-centricity and strategic partnerships following a successful Retail Conference and Awards ceremony at the Alisa Hotel, Accra.

Petrol prices are expected to fall while diesel prices could rise from today, August 17, in a mixed review of petroleum prices at the pumps.

The oil market’s very own schizophrenia – trying to read into the contradicting claims of US President Trump and Iranian officials seeking to escalate the blockade of Hormuz even further – continues to puzzle industry analysts and traders.

Former Tema Oil Refinery (TOR) Managing Director Asante Kwaku Berko allegedly used more than US$1 million in bribes to Ghanaian government officials, including a former Minister of Power and MPs, to help secure a lucrative power project for his Turkish client, Aksa Enerji Uretim A.S., a United States federal court has heard.

Abu Dhabi, UAE// – A clean-energy technology company headquartered in Abu Dhabi says hydrogen gas produced on demand, at the point of use, could help strengthen energy security as Europe and the UK face renewed concerns over gas storage, supply resilience and winter prices.

Motorists could soon see fuel prices changing almost every day instead of every two weeks after Bulk Oil Distribution Companies (BDCs) shifted to spot pricing for petroleum products, a move driven by rising volatility on the international oil market.

Oil prices are set for an 8% weekly loss after the sell-off earlier this week was halted by the reality of two disrupted waterways in the Middle East, with Saudi Arabia seeking to organise a maritime coalition against the Houthis.

South Africa// — Africa’s emerging gas producers are increasingly looking beyond export markets to unlock the full value of their resources. While LNG projects remain central to attracting international investment and generating foreign exchange, governments across the continent are placing greater emphasis on using natural gas to support domestic power generation, industrial development and regional […]

MNK International, a leading independent Lloyd’s broker, has appointed William Wakeham as Managing Director (MD), International Energy, to lead its new International Energy division. The appointment supports MNK International’s ambition to build its energy broking proposition across emerging and specialist markets.

The oil markets continue to trade Donald Trump’s announcements, with his ‘good talks’ comment about the ongoing diplomatic engagements between the US and Iran sending a (temporarily) bearish signal.