Category: Energy

Oil prices have slipped on renewed hopes of US-Iran talks, but the real strain is still building due to delays in global supply chains, warns the CEO of one of the world’s largest independent financial advisory organisations.

  The global energy market and regional security have entered a perilous new phase following the announcement by the U.S. military of a comprehensive maritime blockade on all Iranian ports, effective Monday.

Closing the Strait of Hormuz outright would trigger a sharp, immediate surge in oil prices beyond previous spikes, and investors must brace for heightened volatility. 

A resilient world economy is being tested again by the war in the Middle East. The conflict has caused considerable hardship around the globe. My heart goes out to all people affected by this war and all wars.

The Station Manager of the Atimpoku branch of Vivo Energy Ghana Limited, operators of the Shell Filling Station, John Delase-Michael, has told the High Court in Accra that he has no proof of the outcome of an assessment conducted by key state institutions following a fuel leakage incident at the station.

South Africa// — The African private sector is raising the alarm over Frontier Energy Network’s policies that systematically exclude African professionals and service providers from meaningful roles in major energy forums.

Is there a ceasefire or not? That is the ultimate question asked by the oil markets as the Strait of Hormuz remains open, strikes on energy infrastructure in the Middle East continue unabated (one could even say the damage reported by Saudi Arabia should be a turbocharger for prices), and the Lebanese issue continues to […]

In a move aimed at demonstrating leadership by example during a period of volatility, President John Mahama has issued a stern directive enforcing a total ban on fuel allowances and coupons for all ministers and senior government appointees.

Johannesburg, South Africa  – The World Liquid Gas Association (WLGA) is participating in the Sub-Saharan Africa LPG Expo, taking place 9th – 10th April in Johannesburg, at a time of heightened demand for liquefied petroleum gas (LPG) in southern African cities.