Oil thieves had a drain pipe on Nigeria’s oil export terminal undetected for 9 years.
According to the CEO of the state oil corporation NNPC LTD, authorities in Nigeria discovered an illegal connection line from one of its key oil
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Hurricane Ian: 67 dead, $47b lost in Florida and more insurers sink.
According to new research by the property analytics company CoreLogic, wind and storm surge losses from Hurricane Ian might total as much as $47 billion
Nigeria’s oil firm NNPC acquires 380 gas stations from OVH Energy.
The marketing division of unlisted OVH Energy was purchased by Nigeria’s state-owned oil major NNPC Ltd, giving it access to 380 gas stations in Africa’s
The global financial market collapses, plunging dealmaking to its lowest point in 25 years.
Global M&A decreased for the third straight quarter as lenders withdrew from large acquisitions due to rising interest rates, and the strong currency failed to
Russian gas: Italy’s Eni collaborating with Gazprom to restore flow.
Eni of Italy stated that it would not receive any of the gas it had ordered from Gazprom of Russia for delivery on Saturday, but
A royal family tradition of 1,100 years: King Charles III is featured on 2 brand-new coins.
The first coins bearing King Charles III’s image have been unveiled by the Royal Mint of Great Britain. Charles’ picture will start to appear in
EU to raise $140b from excess profit tax on oil majors to cushion effects of high prices on citizens.
The 27 energy ministers of the European Union are prepared to agree on a set of policies on Friday that will lessen the effects of
4 Ukrainian regions will officially become part of Russia on Friday. – Kremlin
On Thursday, Russia said that it would formally annex some regions of Ukraine. These regions had just staged “referendums” on Moscow’s control that the Ukrainian
Energy crisis: EU mobile network may collapse this winter.
If blackouts or power shortages caused portions of mobile phone networks around the region to be interrupted, cell phone usage would be disrupted in Europe
EU energy networks: Firms beef up security, sabotage to be met with force.
The European Union is threatening reprisal for any attack on Europe’s energy networks, a senior official warned on Wednesday as energy companies increased security. The
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