Blog
OIL PRICES CLIMB AS U.S. - CHINA TARIFF TRUCE EXTENSION LIFTS TRADE HOPES.
Oil markets gained momentum after the United States extended its tariff truce with China, easing fears of a deepening trade war between the world’s two largest economies. With the pause now pushed to November 10, markets are increasingly hopeful that a broader trade agreement could be within reach, potentially averting economic disruptions that would impact global fuel demand. The move comes at a crucial time, as U.S. retailers prepare for the peak holiday shopping season. Alongside growing expectations of a U.S. interest rate cut in September and cautious optimism around a pending Trump-Putin meeting over the Ukraine conflict, oil traders are weighing a complex mix of economic and geopolitical signals. But for now, the détente between Washington and Beijing is offering some welcome stability to a market long rattled by uncertainty.
- 9 months, 3 weeks
MUBADALA ENTERS US GAS MARKET.
Mubadala Energy has taken a 24.1% stake in US-based Caturus, marking its first major entry into the American energy sector.
- 9 months, 3 weeks
SEWA COMPLETES FUJAIRAH GAS PIPELINE RELOCATION.
Sharjah Electricity, Water and Gas Authority (SEWA) has completed the relocation and adjustment of a strategic gas pipeline in the emirate of Fujairah, under the supervision of the Kalba Department, following the highest safety and quality standards.
- 9 months, 3 weeks
BP OMAN GETS FIRST FEMALE PRESIDENT.
BP has appointed the first female president for its century-old operations in Oman, the only woman to hold such a position in the energy sector in a country struggling to bridge the gender gap in senior roles.
- 9 months, 3 weeks
SAUDI ARABIA RAISES OIL PRICES TO ASIA FOR SECOND MONTH.
Saudi Arabia, the world’s biggest oil exporter, has increased its September crude oil prices for Asian buyers, the second monthly rise in a row, on tight supply and robust demand.
- 9 months, 3 weeks
ADNOC GAS ANTICIPATES DATA CENTRE REVENUE AS PROFIT SOARS..
Adnoc Gas is preparing to supply a new wave of energy-hungry data centres in the UAE – a potential growth driver as gas demand rises in parallel with the region’s AI infrastructure buildout.
- 9 months, 3 weeks
Africa Energy Insights (AEI) is an African platform with latest news, insights and investment report of Energy Sectors. We bridging the gap and mobilizes investment in Energy resources for Sustainable and reliable Energy supply.