Saudi Aramco Shuts 400,000-Bpd Refinery After Houthi Strike.
Saudi Aramco shut its 400,000-barrel-per-day Jazan refinery on July 27 after a Houthi attack damaged the facility, according to an IIR note […]
ADNOC Defies Hormuz Risks as UAE LNG Exports Continue.
The UAE is still exporting liquefied natural gas, despite the threat of strikes in the Strait of Hormuz. According to a Bloomberg […]
South Korea $2 trillion stock rout breaks records as SK Hynix results disappoint.
South Korean stocks plunged for a second straight session on Wednesday as Asia’s once-blazing AI rally morphed into a brutal market reckoning, […]
Oil rises as US-Iran tension escalates after Iraq strikes and missile attack on Jordan
Oil prices rose more than US$3 a barrel on Wednesday after joint strikes in Iraq by the US and Saudi Arabia, and […]
Africa’s biggest gold producer empowers new Gold Board with $430 million to lock in domestic bullion reserves
The funding, approved by Parliament, transfers responsibility for financing the government’s domestic gold purchase programme from the Bank of Ghana to the […]
Why one African region is set to outpace the U.S., UK and global economy in 2026 – IMF
This expansion comes at a time when global economic momentum faces significant crosscurrents from geopolitical conflicts and shifting market conditions. In comparison […]
U.S. backs Morocco’s $4.5 billion green ammonia project in disputed Western Sahara.
The United States is providing its first federal backing for a green energy project in Western Sahara, supporting a proposed $4.5 billion […]
Gold slips as firm dollar weighs; focus turns to Fed meeting
Gold prices edged lower on Tuesday, pressured by a stronger dollar, while markets looked to the Federal Reserve’s upcoming policy decision for […]
Meta, BlackRock plan to invest in US$14 bil Texas data centre.
Meta Platforms Inc and BlackRock Inc plan to build a 1GW data centre complex in Texas that will cost about US$14 billion […]
Cyprus Launches First Gas Project with Eni and TotalEnergies Backing
Eni and TotalEnergies have taken the final investment decision to develop the Cronos gas field in deep waters offshore Cyprus, in the […]
Burkina Faso records over $6 billion worth of gold through official channels in six months
The update was disclosed during the mid-year evaluation of Energy, Mines and Quarries Minister Yacouba Zabré Gouba’s 2026 performance contract, where the […]
Copper supply could face 25% deficit by 2035 despite record prices, says IEA
Global primary copper supply could fall short by 25 per cent by 2035 despite copper prices touching record highs, as the pipeline […]