AGP Executive Report
Last update: 11 hours agoOil & Gas—Equatorial Guinea: Galp Energia has signed a tentative deal to run offshore exploration studies in Equatorial Guinea, covering blocks EG-02, EG-09 and H near Bioko, ahead of a possible production sharing contract. Upstream—Farm-out progress: Europa Oil & Gas says Equatorial Guinea has approved its farm-out to Chinese partner Fuhai for the EG-08 licence, clearing the way for Barracuda-1 drilling plans—now targeted for early 2027—pending China’s Overseas Direct Investment approval. Industry & Manufacturing—Beverages: Cameroon’s UCB has started canning Kadji Beer and added canned Special Pamplemousse and KiQ energy drink, following the launch of its Moungo production plant near Douala. Energy—Regional household impact: Nigeria’s cooking gas prices have jumped sharply, raising fears of shortages and pushing households toward costlier and more polluting fuel options. Trade & Services—US visa hubs: The US plans to cut Africa visa-processing missions from nearly 50 to 20 hubs, with Malabo listed among the designated locations.
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.
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