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.
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.
U.S. President Donald Trump has intensified his administration’s pressure campaign against countries purchasing Russian oil, now warning that China could be next in line for punitive tariffs. Following the imposition of two rounds of 25% tariffs on Indian goods due to its continued imports of discounted Russian crude, Trump’s latest remarks suggest a significant expansion of secondary sanctions with potentially sweeping implications for global trade, energy markets, and U.S.-China relations. The move underscores the administration’s resolve to isolate Moscow economically and signals to international energy importers that doing business with Russia may come at a steep cost. If implemented, tariffs on China Russia’s top energy customer could disrupt global oil flows, heighten inflationary pressures, and trigger retaliation that reverberates through global supply chains and financial markets.
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.
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.
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.