The company has signed a share purchase agreement to sell its 70% interest in the project located in northern Sudan, with Perseus expected to receive about $260 million from the...
The proposed facility would be structured under IFC’s Global Trade Finance Program (GTFP), which provides guarantees to international banks to cover payment risks on trade transactions issued by banks...
Citigroup evacuated three of its buildings in the United Arab Emirates on Wednesday, as the crisis in the Middle East is prompting US banks to issue updated security guidance...
South Korean Prime Minister Kim Min-seok met with U.S. President Donald Trump in Washington on Friday, Kim’s office said, after the National Assembly passed a special bill on its...
American oil producers are reportedly on track to reap significant financial benefits as crude prices surge due to the ongoing conflict involving Iran. Windfall For Oil Companies According to...
Since January 3, Venezuela has opened its natural resources to the United States. First it was oil. Crude extracted from Venezuelan wells has returned to what was for years...
India plans to unveil a more than 1 trillion rupee ($10.8 billion) fund aimed at bolstering domestic chipmaking, advancing its ambitious bid to become a global manufacturing hub. The...
The deal covers Chevron’s 31% operated stake in Block 14 and a 15.5% non-operated interest in Block 14K. The transaction is backdated to January 1, 2026, but still requires...
Goldman Sachs has once again revised its oil price outlook, now expecting Brent crude to trade at $71 per barrel in the final quarter of the year, and WTI...
The FID clears the way for construction to begin, following completion of technical, economic, environmental, and social studies, as well as the granting of a mining permit by the...