Bitumen Africa Podcast
Podcast about Market and Finanacial Events
Updated Weekly on Saturday
Bitumen Africa Podcast e20 – Oil Price Decline: Tariffs, Ukraine Talks, and Bitumen Overview
Bitumen Africa Podcast e19 – Geopolitical Tensions: US-Russia, Ukraine, and Oil Market Impacts
Bitumen Africa Podcast e18 – Trump’s Policies: Tariffs, Hostages, and International Relations
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Europe’s Automakers Shift Gears Towards Affordable EVs
China is rapidly emerging as the global leader in electric vehicle (EV) manufacturing, thanks to favorable government policies, easy access to critical minerals and battery technology, and low-cost manufacturing capabilities. This has spurred the development of a large EV production industry in China, making it a formidable competitor to other parts of the world, including […]
Negative Energy Prices Threaten Renewable Investment in Europe
The rapid expansion of renewable energy, particularly solar and wind, has led to an increasing number of hours where electricity prices dip below zero, meaning utilities must pay consumers to take excess energy. This phenomenon, once rare, is becoming common as renewable energy production does not always align with demand due to factors like weather […]
What Happened to the Green Hydrogen Boom?
A fleet of 37 hydrogen-powered buses has been delivered to Bologna, Italy, as part of a broader initiative by the local transport operator TPER to reduce greenhouse gas emissions. This marks the first phase of a larger order of 137 hydrogen buses, which will also be deployed in nearby Ferrara. The project is co-funded by […]
Oil, Gas Drillers See Increased Activity
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 6-rig increase in the week prior. The total rig count rose by 4 rigs, to 586, according to Baker Hughes, down 37 from this same […]
Iraq Targets 7M Bpd, But Smarter Strategy Could Unlock Much More
aq is targeting an increase in its oil production capacity to 7 million barrels per day (bpd). country holds significant proven oil reserves, estimated at 115 billion barrels, with potential additional reserves in unexplored regions. Noy, Iraq possesses nine super-giant fields and 22 giant fields, primarily located in the southeastern part of the country. (enikipedia.org) […]
China’s Economic Dominance in Central Asia Continues to Grow
The Trump Administration has prioritized countering China’s expanding global influence, particularly in Central Asia, where the U.S. faces challenges in reducing Beijing’s dominant economic presence. China has solidified its role as the region’s top trade partner, surpassing Russia, with trade turnover reaching $94.8 billion in 2024, up from $89.4 billion the previous year. Chinese exports […]
Oil hits 2-week low as China’s DeepSeek AI spurs demand fears
Oil prices fell by about 2% to a two-week low on Monday, driven by concerns over energy demand following the rise of Chinese startup DeepSeek’s low-cost AI model. Prior to this news, oil was already trading lower due to weak economic data from China and fears that proposed tariffs by U.S. President Donald Trump could […]
Top 5 Countries in Crude Oil Production: Powering the Global Economy
Crude oil is the lifeblood of the global economy, fueling industries, transportation, and everyday life. As the world’s most traded commodity, oil production is a key indicator of economic power and geopolitical influence. While many countries contribute to global oil supply, a handful of nations dominate the industry. In this blog post, we’ll explore the […]
Oil Price Prediction Under Trump’s Second Term
As the world watches the U.S. political landscape, the possibility of Donald Trump securing a second term as president raises important questions about the future of global oil markets. Trump’s energy policies during his first term were marked by a focus on deregulation, increased domestic production, and a push for American energy dominance. If re-elected, […]
Tanzania’s economic outlook for 2025
Tanzania's economic outlook for 2025 is shaped by several key factors and initiatives. Here's a comprehensive analysis: Economic Growth and Investment Tanzania aims to attract US$ 15 billion in investments in 2025, focusing on sectors such as manufacturing, clean energy, transport, minerals, agriculture, and services. This ambitious target is supported by the Tanzania Investment Centre […]