Energy
Sahara Group Unveils Appointments To Drive Downstream Transformation
Sahara Group, a leading sustainable energy and infrastructure conglomerate is propelling transformation of its downstream business with strategic appointments including Foluso Sobanjo as Head, Africa Downstream, and Nomnso Dike as Chief Executive Officer, Asharami Synergy Limited, a Sahara Group downstream company in Nigeria.
Biztellers report that other appointments include Yvette Selormey, as Country Manager, Asharami Energy Resources Limited, Zambia and Yaa Serwaa Alifo, Head, Sahara Downstream, Ghana.
The newly appointed business leaders have since assumed their new roles.
Sahara Group’s downstream division has operations spanning across the entire downstream supply chain, deploying innovative technology in product procurement and trade, warehousing and storage, marketing, distribution, and retail of petroleum products across Africa.
With over 20 years’ experience in sundry leadership positions in the downstream sector, Sobanjo said he was looking forward to overseeing the next phase of Sahara’s downstream business transformation.
He said, “Sahara Group already has a formidable position as a foremost downstream business in Africa. For us at Sahara, the quest now is to work towards making a difference in the sector to ensure our customers across Africa have more access to seamless, reliable, accessible, and clean energy solutions.”
On his part, CEO, Asharami Synergy, expressed enthusiasm and delight at the opportunity to work with all stakeholders to raise the bar and establish a robust supply chain machinery that is “transformative, reliable and sustainable”.
“With over eighteen years of experience as a finance and business development professional and having worked in different capacities in Sahara Group, this new phase of growth will certainly produce a new level of service excellence and smart solutions,” he said.
Former Managing Director, Sahara Downstream, Ghana, Selormey, said she was looking forward to the opportunities and challenges as she steers Sahara’s operations in Zambia through Asharami Energy Resources Limited.
“We have great plans for Zambia, and we are confident that the market will experience distinctive service levels across the value chain. Sahara Group always seeks to bring energy to life responsibly; we shall surpass our targets all to the benefit of the good people of Zambia,” she stated.
According to Yaa Serwaa Alifo, a product of the prestigious Sahara Graduate Management Trainee Program, taking over the reins of the downstream business in Ghana is a “huge platform”, given the successes and unique pedigree Sahara has in Ghana. “I draw inspiration from the fact that we have the most excellent professionals in Ghana’s oil and Gas industry here at Sahara and I know we will achieve greater things and give the market a breath of fresh experiences,” she added.
Head, Corporate Communications, Sahara Group, Bethel Obioma, said the appointments were indicative of the unique array of talent in Sahara Group that drives organic growth into sundry leadership positions.
Obioma said Sahara Group’s sustainable future model has seen employees rise from entry levels to serve in various capacities and markets as business leaders.
“Sahara offers you a career path that can launch you into different roles across our businesses in Africa, Asia, Europe, and the Middle East. Our downstream business in Africa is set for a journey into the new dispensation of bespoke energy solutions that will spur economic growth and development across the continent,” he said.
Sahara Group’s downstream business is known for its commitment to ensuring global quality, health, safety, and environmental sustainability. Asharami Synergy in Nigeria is a recipient of three certifications from the International Organization for Standardization (ISO). The certifications include the ISO 9001:2015 Quality Management System, ISO 14001:2015 Environmental Management System, and ISO 45001:2018 Occupational Health and Safety Management System.
Oil output from the United Arab Emirates (UAE) rose to record levels in September, underscoring its resilience even amidst the Middle East crises and liberation from OPEC+ limits.
The International Energy Agency (IEA) issued the data in its monthly report, adding that Abu Dhabi raised total oil production, including condensates, by 400,000 bpd to 5.3 MMbpd.
According to the IEA, the UAE bolstered crude output to more than 4.4 MMbpd, nearing its maximum capacity, which surpasses the previous highs for total oil in August, and crude oil in June.
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The UAE has been one of the most successful among regional producers in restoring flows through the Strait of Hormuz, by drawing on a fleet of tankers to discreetly shuttle cargoes through the chokepoint and then transfer them onto other vessels. In addition, the country’s decision to leave the Organization of the Petroleum Exporting Countries (OPEC) as of May has freed it from the group’s output caps, a source of frustration for years.
Its gains contributed to a wider recovery in flows from Gulf producers, which reached more than 75% of pre-war levels in September, led by Saudi Arabia, according to the Paris-based IEA.
Still, it’s unclear how far the regional rebound has withstood a new wave of Iranian attacks on tankers transiting Hormuz, and escalating hostilities carried out by the Houthi rebel faction in Yemen.
The UAE depleted its observable above-ground inventories at a record pace of more than 270,000 bpd in September, drawing them to an all-time low, according to the IEA.
Africa’s gas potential and strengthening the continent’s energy security would take centre stage at the Africa Interviews Sustainability Forum (AISF 2026) scheduled for Wednesday, October 21, in Lagos.
Biztellers reports that top officials of Oando Plc and Renaissance Africa Energy Company Limited, Ayotola Jagun and Tony Attah, respectively, will be leading other industry leaders in the discussion.
Jagun, Oando’s Executive Director, Chief Corporate Services and Sustainability Officer, and Attah, Managing Director and Chief Executive Officer of Renaissance Africa Energy Company Limited, will participate in a panel discussion alongside Lamé Verre of Lean In Equity & Sustainability (LiNES) and Dapo Filani, Managing Director and Chief Executive Officer of Waltersmith.
The panel will examine Africa’s energy security and the role of natural gas in the continent’s energy transition.
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The forum, launched in 2024, is holding its third edition under the theme, “Energy Security and Africa’s Energy Transition: Defining the Role of Gas.”
This year’s gathering will explore how African countries can strengthen energy security, attract investment in gas development and balance growing energy demand with sustainability objectives.
Verre, a London-based energy and sustainability executive, is Co-founder and Chair of the Advisory Board of LiNES. She will bring her international experience in sustainability, decarbonisation and low-carbon development to the discussion. Her work spans low-carbon initiatives across sectors, including marine, the built environment, forestry, land and agriculture.
Jagun brings extensive experience in corporate governance, regulatory compliance, enterprise risk management and sustainability. Her contribution will provide a corporate sustainability and governance perspective on the relationship between energy development, environmental responsibility and Africa’s transition priorities.
Attah, a former Managing Director and Chief Executive Officer of Nigeria LNG Limited, has extensive experience in the oil and gas industry, particularly in natural gas development and major energy operations.
Filani leads Waltersmith, an indigenous Nigerian energy company with interests across the oil and gas value chain. His participation will highlight the role of indigenous energy companies in strengthening domestic energy capacity and supporting economic development.
The panel will consider what is required to unlock greater investment in Africa’s gas sector, how natural gas can support industrial growth while advancing sustainability, and what practical measures could help translate the continent’s energy ambitions into tangible outcomes.
Beyond the panel discussion, AISF 2026 will provide opportunities for engagement among senior energy executives, policymakers, investors and business leaders.
Oil prices on Monday went south, after crude exports from the Middle East rose above pre-war levels, while the Group of Seven nations pledged to release 100 million barrels of crude and diesel from emergency reserves.
Brent crude futures fell by $1.20, or 1.17 percent, to $101.05 a barrel, while West Texas Intermediate crude declined by $1.16, or 1.27 percent, to $89.95 per barrel, according to Reuters.
Middle Eastern crude exports exceeded pre-war levels on four of the seven days in the final week of September, shipping data showed, despite attacks on vessels passing through the strategic Strait of Hormuz.
The increase in exports, combined with the G7’s planned release of emergency stocks, helped put downward pressure on crude prices.
The G7 countries agreed on Friday to release 100 million barrels of diesel and crude from emergency reserves and pledged to refrain from energy export restrictions following pressure from United States President Donald Trump.
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However, the scale of the additional supply remained uncertain.
IEA Executive Director, Fatih Birol, said last week that member countries had already released about two-thirds of the 400-million-barrel volume.
Meanwhile, supply concerns remained elevated as fighting continued across parts of the Middle East.
Saudi Aramco Chief Executive Officer, Amin Nasser, also warned that crude oil and refined fuel supplies were expected to remain stretched.
He said rebuilding global stockpiles after emergency withdrawals could take two years.
The United States Strategic Petroleum Reserve fell to 283 million barrels last week, its lowest level since October 1982, according to data from the US Department of Energy.
The supply outlook was further complicated by the continuing conflict involving Saudi Arabia and Iran-backed Houthi forces in Yemen.
Yemeni government forces attacked Houthi positions in the Dhubab district overlooking the Bab el-Mandeb Strait on Monday, according to two military sources.
The development came a day after the internationally recognised government launched a campaign to retake Houthi-held territory.
Meanwhile, OPEC+ postponed a review that would determine its 2027 oil output quotas after the war involving Iran disrupted projects aimed at expanding production capacity across the Middle East.
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