US President Donald Trump and his South Korean counterpart Lee Jae Myung agreed to deepen their partnership in military shipbuilding and to continue working-level talks on the issue. The...
In a statement signed by Eniola Akinkuotu, Head of Media and Corporate Communications at the NUPRC, the regulator said Nigeria produced an average of 1.56 million barrels of crude...
South Korea’s SK Hynix priced its American Depository Receipts at US$149 on Thursday (Jul 9), raising about US$26.5 billion, a regulatory filing showed on Thursday, highlighting strong investor appetite...
Close to half a dozen liquefied natural gas carriers have gone into the Strait of Hormuz in the past few days and six have exited the strait, despite the...
India’s ONGC plans to build up a strategic national reserve of crude totalling 1.75 million tons, or 12.8 million barrels. The company would also ask the government to allow...
The energy major’s Deepsea Mira semi-submersible rig completed its contract on July 2 after beginning operations in April, with owner Northern Ocean confirming that Shell did not exercise its...
The results were disclosed by the Ethiopian Investment Commission (EIC) during its annual performance review, in which Commissioner Zeleke Temesgen reviewed the agency’s accomplishments over the previous year and...
Singapore state investor Temasek Holdings saw its net portfolio value climb to 518 billion Singapore dollars ($401 billion) for the year ended March 31, a second straight annual record....
Temasek Holdings increased its China exposure by 10 billion Singapore dollars ($7.7 billion) last fiscal year — the biggest annual increase in five years, as the state investor repositions...
The government said the newly created Malian Office of Precious Substances will centralise and oversee the trade of gold and other precious minerals, particularly from artisanal and small-scale miners,...