AGP Executive Report
Last update: 4 hours agoOil & Shipping: Oil prices rebounded after a sharp sell-off tied to US-Iran talks uncertainty, with Brent around $84.8/bbl as Strait of Hormuz risks and Middle East shipping disruptions keep traders cautious. Power & Industry Finance: Nigeria’s Oando reported H1 2026 results with revenue up 20% to N2.1tn and net profit up 8% to N68.6bn, citing progress in upstream and trading plus long-term gas supply to its Bayelsa 60MW power plant. Refining & Capital Markets: Reuters says Dangote Refinery is preparing a pan-African IPO aiming to raise about $5bn by October, with talks involving multiple African exchanges. Climate Policy: Kenya unveiled a carbon market rule book, capping international carbon credit sales at a 10m tCO2e budget to 2030. Waste-to-Energy: Morocco will build a $1.5bn waste-to-energy plant in Casablanca (115MW) to process 1.5m tonnes/year, targeting methane and landfill impacts. Transport Decarbonisation: Cape Town received its first locally built MyCiTi electric bus for route testing, while South Africa’s Ilikwa 50MW solar PV hit commercial operation. Energy Security & Logistics: Sahara Upstream deployed a 380,000-barrel tanker to boost crude evacuation at Nigeria’s OML 18.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.