Blog
RELIEF FOR LAKE GAS AS KEBS CLEARS COOKING GAS CARGO IN MAJOR SAFETY BREAKTHROUGH.
Lake Gas has been cleared by Kenya’s standards agency to distribute over 11,000 tonnes of cooking gas after fixing a safety issue related to low odorant levels. This resolution restores confidence in regulatory enforcement while boosting competition in Kenya’s LPG market.
- 1 year
ARAMCO POSTED AN ADJUSTED NET INCOME OF $24.5 BILLION IN Q2 2025, DRIVEN BY STRONG GLOBAL DEMAND AND ONGOING PROJECT MOMENTUM.
Aramco reported $24.5 billion in Q2 profit and $50.9 billion for the first half of 2025, driven by strong market fundamentals, project momentum, and operational reliability.
- 1 year
INTERNATIONAL ALLIANCES PROPEL AFRICA’S NATURAL GAS INDUSTRY FORWARD.
North Africa is rapidly becoming a natural gas hub, with major developments in Libya, Algeria, Egypt, and Morocco. As the world shifts towards cleaner energy sources, Africa’s natural gas is emerging as a key component of the energy transition, thanks in part to international partnerships.
- 1 year
RISING REVENUES AT OMAN’S OQGN INCREASE PROFITS.
Net profit at state-controlled OQ Gas Networks (OQGN), the pipeline subsidiary of Oman energy major OQ, increased by 13 percent in the first six months of 2025, buoyed by higher revenues.
- 1 year
OIL SLIPS AS OPEC+ PROCEEDS WITH SEPTEMBER OUTPUT HIKE .
Oil prices slipped on Monday after OPEC+ confirmed a substantial production hike for September, signaling confidence in market resilience, yet concerns over potential disruptions to Russian oil exports to India kept losses in check. The 547,000 barrels per day output increase, part of OPEC+'s accelerated strategy to reclaim global market share, comes at a time when geopolitical tensions and economic uncertainties are intensifying. With the U.S. threatening secondary sanctions on countries importing Russian crude, trade flows are already shifting, forcing key buyers like India into the geopolitical crossfire. Meanwhile, global markets remain wary as fresh U.S. tariffs loom, stoking fears of a broader economic slowdown that could dampen fuel demand. Despite these headwinds, OPEC+ appears poised to leverage its supply flexibility, carefully navigating between maximizing revenues and preventing market oversupply. As trade negotiations, sanctions enforcement, and energy diplomacy converge, the oil market faces a volatile period ahead, where geopolitical maneuvers could swiftly reshape supply-demand dynamics.
- 1 year
ADNOC GAS STRIKES 10‑YEAR LNG DEAL WITH INDIA’S HPCL.
ADNOC Gas plc (ADX: ADNOCGAS), the Abu Dhabi‑listed gas and LNG arm of ADNOC, today announced it has signed a 10‑year Heads of Agreement with India’s state‑backed Hindustan Petroleum Corporation Limited (HPCL) to supply 0.5 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) to HPCL.
- 1 year
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