EU Development Bank Boosts Funding for Ukraine Gas Supply
The European Union’s development bank has decided to provide additional funds to Ukraine’s state energy firm Naftogaz to secure natural gas supply […]
Norwegian Fund invests $75 million in South Africa’s energy sector.
Established in 1997 and owned by the Norwegian Ministry of Foreign Affairs, Norfund invests state-backed capital into projects that drive job creation […]
Dutch bank ABN Amro buys domestic peer NIBC Bank for $1.1 billion.
Dutch bank ABN Amro on Wednesday said that it had acquired domestic commercial lender NIBC Bank from private equity firm Blackstone, strengthening […]
World’s Financial Elite Now Prefer Dubai To New York, According To Latest Global Rankings.
In a historic shift that signals changing preferences among the world’s wealthiest individuals, Dubai has officially surpassed New York to claim the […]
Africa’s diamond powerhouses, Angola and Botswana are in talks to take over the world’s biggest mining brand.
Africa’s leading diamond powerhouses, Botswana and Angola, have opened discussions to acquire control of the world’s largest and most recognizable mining brand, […]
Vedanta invests $1.5 bn to launch CopperTech Metals, boost US copper supply.
Vedanta Resources has announced plans to launch a US-based subsidiary CopperTech Metals, which would in turn own and operate its Konkola Copper […]
Tesla shareholders approve Musk’s $1 trillion pay package.
Tesla shareholders on Thursday overwhelmingly endorsed a massive pay package for CEO Elon Musk that could reach $1 trillion. The pay package […]
Markets plunge worldwide after ‘Big Short’ investor Michael Burry reveals $1.1 billion bet against AI stocks.
Nasdaq 100 futures were pointing downward, premarket, after the index lost 2% yesterday in a massive, global selloff of tech stocks. The […]
Portugal’s EDP to invest $14 billion in 2026-28, focuses on U.S. growth.
Portugal’s largest utility, EDP, plans to invest 12 billion euros ($13.99 billion) between 2026 and 2028, mainly to expand its renewable capacity […]
SM Energy, Civitas Resources Announce $12.8 Billion Merger
SM Energy and Civitas Resources announced an all-stock merger valued at about $2.8 billion in equity, or $12.8 billion including debt, creating […]
Construction of Africa’s biggest LNG export hub faces setback as oil giants, Exxon halts interest.
Plans for Africa’s biggest $30-billion liquefied natural gas (LNG) export hub in Mozambique have been thrown into uncertainty after Exxon canceled a […]