Saudi Arabia expects to benefit from a future drop in oil supply from major producers such as the US and Russia and pump more crude to cater to global demand Continue Reading
Nigeria’s parliament called on the presidency, armed forces and police to address the country’s mounting security crisis on Tuesday, with the lower house urging President Muhammadu Buhari to declare a Continue Reading
Some Indian refiners are being forced to delay maintenance at their facilities because of the surge in Covid-19 cases in the country, which has had refinery workers fleeing to their Continue Reading
India’s toll from the coronavirus surged past 200,000 on Wednesday, the country’s deadliest day, as shortages of oxygen, medical supplies and hospital staff compounded a record number of new infections. Continue Reading
Pakistan recorded more than two hundred COVID-19 deaths in a day for the first time since the start of the pandemic on Tuesday, as the government said it was considering Continue Reading
Brazil’s health regulator cited safety concerns while rejecting several states’ requests to import almost 30 million doses of Russia’s Sputnik V vaccine, prompting criticism from the Russian government. The five-person Continue Reading
ExxonMobil and its partner Hess announced on Tuesday a new oil discovery in the Stabroek Block offshore Guyana that would add to the already announced 9 billion oil-equivalent barrels in Continue Reading
Crude oil production in Brazil averaged 2.8 million barrels daily in the first quarter of 2021, the country’s National Petroleum Agency reported, as quoted by Reuters. This was down 6 Continue Reading
Venezuela is crafting an emergency plan to guarantee diesel supply to farmers but with reduced price subsidies. Oil minister Tareck El Aissami and agriculture minister Wilmar Castro have been tasked Continue Reading
Over the past few decades, China has been all over Africa, building railroads, airports, bridges, and power dams, doing what Africa’s colonial masters should have done eons ago. Trade between Continue Reading
