In the News

Dele Momodu debunks arrest rumors about Benedict Peters, clarifying that the situation was handled professionally by Ghanaian authorities

KEY POINTS A recent viral report claiming the arrest of Benedict Peters, the influential founder of Aiteo Group and a renowned pan-African businessman, has been thoroughly denied by Ghanaian police …

Oil prices drop 6% following new tariffs and OPEC+ output increase, marking the steepest decline since 2022

Oil prices dip as traders brace for Trump tariffs and potential disruptions to global supply

Australia’s mining and energy export earnings are projected to fall 6% in 2024 as iron ore prices dip and Chinese demand slows

Oil prices rise as traders assess U.S. tariffs and tightening crude supplies, with concerns about the global economy

Judge rules that Biden’s administration lacked authority to cancel Alaska oil leases, potentially reversing the drilling ban in the Arctic Refuge.

Pemex pursues a diversification strategy for motor fuel and crude oil exports, following U.S. tariff threats against Venezuela oil trade

President Trump announces a 25 percent tariff on countries buying Venezuelan oil and gas, with China being the largest buyer.

Iraq plans to raise oil production to 6 million bpd by 2029, backed by a BP deal and OPEC+ commitment to global output reductions