The U.S. license provides targeted relief from sanctions, but does not lift the penalties altogether. The license allows companies that existed before Jan. 29, 2025, to buy Venezuelan oil...
Oil prices climbed sharply in early Asian trading on Thursday as the Middle East conflict continued to escalate and energy infrastructure was targeted across the Gulf. At the time...
Qatar has voiced its outrage over Israel’s attack on facilities linked to Iran’s South Pars field, an extension of Qatar’s North Field, describing it as “a dangerous and irresponsible...
The funding is part of a bigger $16.4 million package secured by the company to advance its Ewoyaa project, a key asset in Ghana’s push to move beyond gold...
A potential strike on Kharg Island’s oil infrastructure could see a catastrophic drop in Iran’s crude exports, with Rystad Energy warning of a possible 80 to 90% reduction in...
The funding, provided through the International Development Association (IDA), is part of the Second Zambia Climate and Economic Resilience Development Policy Operation (DPO), aimed at stabilising the economy and...
U.S. diesel fuel prices topped $5 per gallon, according to GasBuddy, which has only happened once before. The price tracker earlier in the week reported that the national average...
The memorandum of understanding was signed in Abuja by representatives of Nigeria‑based Nigus International Investment Limited and UAE‑headquartered Elmirate Investment LLC, under which a new entity, Nigus Tactical Systems...
A generation ago, Poland rationed sugar and flour while its citizens were paid one-tenth what West Germans earned. Today, the economy of the country has edged past Switzerland to become the...