British oil giant Shell approves $2 billion offshore gas project in Nigeria to boost LNG supply
HI offshore development, in partnership with Sunlink Energies, is expected to produce 350 million standard cubic feet of gas per day for […]
Algeria clinches $5.4 billion oil and gas deal with Saudi Arabia .
Amid shifting North African alliances and regional tensions, Algeria has signed a $5.4 billion production-sharing agreement with Saudi Arabia’s Midad Energy, partnering […]
JPMorgan Chase launches $1.5 trillion plan to bolster US economic and national security.
JPMorgan Chase on Monday unveiled a sweeping $1.5 trillion, decade-long initiative to strengthen industries vital to America’s economic and national security. The effort — […]
Africa braces for market fallout as EU tightens steel rules with 50% tariffs.
The European Union’s decision to double its steel import tariffs to 50 percent has sent shockwaves through the global steel market, but […]
NCDMB, NEXIM Disburse $42 Million to Boost Nigerian SMEs in Oil and Gas Sector.
In an effort to empower Nigeria’s oil and gas services sector, the Nigerian Content Development and Monitoriong Board (NCDMB), and Nigerian Export […]
Citibank Nigeria Meets CBN’s ₦200bn Recapitalisation Target.
Citibank Nigeria says meeting CBN’s recapitalisation target strengthens its capacity to support infrastructure, energy, and trade financing. Citibank Nigeria Limited (Citi) has […]
IMF, Sri Lanka reach staff-level agreement for $347 million in financing.
The International Monetary Fund (IMF) has reached a staff-level agreement with Sri Lanka to complete the fifth review of its reform program, […]
Elon Musk makes history as first person ever to hit $500B net worth milestone.
Elon Musk on Wednesday reportedly became the first person in history with a net worth of $500 billion. The Tesla and SpaceX CEO’s fortune […]
Barrick exits Ivory Coast with $305 million Tongon mine sale.
Barrick Mining announced on Monday that it has agreed to sell its interests in the Tongon gold mine and related assets in […]
Donald Trump approves proposed deal to put TikTok under US ownership. Here’s what we know.
President Donald Trump signed an executive order Thursday that he says will allow TikTok to continue operating in the United States in […]
Oil faces ‘punishing oversupply’ and US$50s prices — Macquarie.
Oil is forecast to drop into the US$50s-a-barrel (RM210.57) range in the coming quarters on expectations for “punishing oversupply” as output expands, […]
Trump’s trade chief expects US to ink more deals during Apec, Asean trips.
US Trade Representative Jamieson Greer said he expects President Donald Trump to sign more trade deals with countries in Southeast Asia during […]