JERA to Buy $1.5 Billion Worth of U.S. Shale Gas Assets.
Japan’s power generation major JERA will pay $1.5 billion for natural gas assets in the Haynesville basin, the company said today, in […]
Dangote creates an opening for investors with plans to sell 10% of his refinery shares .
To attract more investment into the Dangote Oil Refinery and bolster capital, Aliko Dangote, during an interview with S&P Global, revealed that […]
Malawi bans raw mineral exports to save $500m in wealth annually.
The policy, which takes immediate effect, aims to keep resource wealth within Malawi and could capture up to $500 million annually through […]
US and Australia sign rare earths deal to counter China’s dominance.
The US and Australia have signed a deal intended to boost supplies of rare earths and other critical minerals, as the Trump […]
Alaska’s $44 Billion LNG Project Nears Key Milestone as Pipeline Study Wraps Up
The proponents of the $44-billion Alaska LNG are expected to complete by the end of the year the crucial engineering and cost […]
New report uncovers Congo Basin’s hidden $23 trillion untapped green goldmine.
The report, Congo Basin Forest Ecosystem Accounts, found that the value of ecosystem services nearly doubled between 2000 and 2020, from $590 […]
Oil prices plummet as Brent crude hits $62.18 amid supply surplus fears.
Oil prices dropped on Wednesday amid growing investor concerns over an impending global oil supply surplus and heightened U.S.-China trade tensions, both […]
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 […]