Gabon
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HALLIGAN: Power struggle in OPEC+ is pulling oil prices down
The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y — the sharpest monthly drop since November 2021 — partly due to a global slowdown, but more due to a power struggle within OPEC+.
US Treasury targets Iran's National Oil Co. CEO in new sanctions push
The United States imposed a fresh wave of sanctions on Iran’s oil sector, targeting over 30 individuals and tankers, including the CEO of the National Iranian Oil Co. (NIOC), for facilitating the sale and transportation of Iranian crude.
Oil is a major source of income for eight African countries – OWID
Oil production plays an important role in the economy of many African countries. The chart shows oil rents as a percentage of gross domestic product (GDP) for the nine African nations most reliant on it, Our World in Data reports.
From oil to minerals: Gabon’s ambitious mining transition
Gabon – home to 25% of the world’s manganese reserves and the possessor of vast mineral riches – is rapidly establishing its mining sector as a key force in economic diversification.
Global access to energy starts to fall for the first time in a decade, says IEA
Population growth means that for the first time in a decade access to global energy has begun to fall despite the massive investment going into clean energy to fight the climate crisis, the International Energy Agency said in a new report.