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July 22, 2026
Africa’s Richest Man Proposes To Build 700,000 Bpd Oil Refinery In Kenya | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Jul 22, 2026, 3:00 PM CDT Dangote plans a $17 billion, 700,000 bpd refinery on Kenya’s Lamu Island,...
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Australia’s Northern Territory has approved land for a proposed $28 billion AI data center development that would be powered by natural gas from the Beetaloo basin, highlighting growing demand for gas-fired generation to support hyperscale computing and AI infrastructure. Source
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Grandweld Shipyards will design and build two advanced offshore support vessels for Saudi Arabia’s Bahri Logistics, strengthening offshore logistics capabilities at Ras Tanura Port and supporting operations across the Kingdom’s energy sector. Source
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Oil prices climbed toward $95/bbl as escalating U.S.-Iran hostilities, tanker attacks in the Strait of Hormuz, Red Sea shipping threats and disruptions to Kazakhstan’s crude exports heightened concerns over global oil supplies and market volatility. Source
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Fluxus Oil, Gas & Energy has acquired a stake in Venezuela’s Petrororaima joint venture through the purchase of A&B Oil and Gas, targeting production growth in the Orinoco Heavy Oil Belt as upstream investment and sanctions relief drive renewed activity in the country. Source
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The Metals Selloff Is Creating New Winners And Losers | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Jul 22, 2026, 2:00 PM CDT Base metals remain caught between structural supply deficits and AI-driven demand, while high energy prices,...
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China’s AI Offensive Gains Ground in Central Asia | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Jul 22, 2026, 1:00 PM CDT China is expanding its AI influence...
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GE Vernova Raises Outlook As AI Power Boom Masks Wind Weakness | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 22, 2026, 12:30 PM CDT GE Vernova raised its full-year revenue forecast on Wednesday after another quarter of booming demand for gas turbines, grid equipment...
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Brazil’s Oil Boom Is Accelerating as Asian Buyers Flee the Middle East | OilPrice.com Matthew Smith As Oilprice’s South America correspondent, I cover Colombia (where I currently live), Venezuela, Ecuador, Peru, Brazil, Argentina, Chile, Bolivia, Paraguay, Guyana, Suriname and Uruguay. I… More Info Premium Content By Matthew Smith – Jul 22, 2026, 12:00 PM CDT...
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LNG Supply Crisis Pushes Buyers Toward Coal and Oil | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – Jul 22, 2026, 11:00 AM CDT LNG disruptions in...
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