Blog
WHY 2026 COULD SEE PAIN AT THE PUMP FINALLY EASING IN TANZANIA.
Fuel prices in Tanzania could ease in 2026 due to weaker global crude prices driven by oversupply and improved domestic fuel logistics. Combined with infrastructure gains and stable pricing policy, motorists may experience more predictable and manageable pump prices, even if fuel remains imported.
- 6 months, 4 weeks
TOTALENERGIES FORMS MIDDLE EAST TRADING VENTURE WITH BAPCO.
French energy major TotalEnergies has entered into a 50-50 joint venture with Bahrain’s Bapco Energies to establish BxT Trading, a new trading entity focused on the Middle East market.
- 6 months, 4 weeks
EXXON’S VENEZUELA DILEMMA: INVESTMENT INTEREST DESPITE POLITICAL PUSHBACK.
Exxon Mobil’s determination to keep its doors open to Venezuela even after President Trump publicly questioned its commitment highlights the fragile yet highly strategic tug of war between business opportunity and geopolitical pressure. With Washington pushing for massive private investment to rebuild Venezuela’s crippled oil sector following Maduro’s removal, Exxon and other U.S. oil majors are weighing enormous resource potential against unresolved legal disputes, past nationalizations, security concerns, and demands for stronger contractual guarantees. The situation sets the stage for a critical test of how far global energy companies are willing to go in navigating political risk, U.S. influence, and long-term profitability in one of the world’s most resource-rich yet uncertain oil markets.
- 7 months
UGANDA, TANZANIA NEAR CRUDE EXPORT MILESTONE.
Uganda and Tanzania are set to export crude oil through EACOP in October 2026, nearing a major regional milestone. The project promises significant economic benefits, including jobs, skills development, and regional trade, while addressing environmental concerns.
- 7 months
EAST AFRICA’S EACOP SHAPES REGIONAL ECONOMY.
EACOP is set to be a game-changer for Uganda and Tanzania, creating jobs, skills, and trade opportunities while supporting Uganda’s economic transformation. The pipeline also reinforces Tanzania’s role as a strategic energy hub, with environmental safeguards in place to ensure responsible development.
- 7 months
UGANDA PRESIDENTIAL HOPEFUL TO REVIEW OIL CONTRACTS IF ELECTED.
Bobi Wine plans to review Uganda’s oil contracts to ensure they favor the country, challenging Museveni in the upcoming elections. Uganda is close to starting oil exports, with EACOP nearly completed and new oil deposits identified, making the sector politically and economically critical.
- 7 months
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