Via Al Arabiya News, a report on a ‘significant’ oil discovery off Namibia: France’s TotalEnergies on Thursday announced a “significant discovery” of light oil and associated gas off the coast of Namibia, saying it would start assessing potential exploration. The discovery comes after the International Energy Agency (IEA) warned last year that all fossil fuel exploration […]
Read more »Courtesy of The Diplomat, a report on China’s investments in Panama: Since the 2013, China has made major infrastructure investments worldwide as part of President Xi Jinping’s signature Belt and Road Initiative (BRI). One significant recipient of Chinese investment has been Panama, which under former President Juan Carlos Varela switched diplomatic recognition from Taiwan to […]
Read more »Via How We Made It In Africa, a report on how some smaller African nations are becoming more business-friendly: Smaller African nations are racing to develop business-friendly policies and economic reforms to bolster their investor attractiveness. Smaller African economies have begun flaunting their colours, particularly in the form of economic reforms and business-friendly policies as they […]
Read more »Via the Frontier Post, an article on the Mazar-e-Sharif-Kabul, Peshawar Rail project: The government of Pakistan and Republic of Uzbekistan in a meeting agreed on the formation of a Special Purpose Vehicle (SPV) for expediting the Mazar-e-Sharif-Kabul-Peshawar Rail project. This was decided during a meeting of a delegation led by Uzbek Deputy Prime Minister for Investment […]
Read more »Via The Frontier Post, a report that Somali leaders have rejected a recently-signed oil deal: Somalia’s president and premier have declared null and void a deal signed by their energy minister with a US company to explore for oil and gas off the coast of the troubled Horn of Africa nation. Minister of Petroleum and […]
Read more »Via The Bangkok Post, a report on how Sri Lanka’s foreign-exchange shortage has left the state petroleum company without dollars to buy oil: Sri Lanka’s state-run petroleum company has run out of cash to buy oil, and fuel shortages across the country could get worse, the energy minister said on Friday. Udaya Gammanpila said the […]
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