Can Mozambique Defend Its Crucial Gas Assets?
Mozambique has been rightly considered one of the most promising new frontiers of gas production in the world, the Rovuma Basin that is located along the border of Tanzania and Continue Reading
Nigeria Naira (NGN USD): Citizens Hoard Foreign Currencies to Protect Wealth
Nigerians have been accumulating foreign currencies to protect their wealth from naira volatility and surging inflation, according to a research paper in a journal published by the Central Bank of Continue Reading
Guyana Poised To Become A Leading Offshore Producer Within Years
The tiny South American nation of Guyana is poised to become one of the leading offshore drilling jurisdictions in South America. Global energy supermajor Exxon, has established a dominant foothold Continue Reading
‘It is much worse this time’: India’s devastating second wave
Every night funeral pyres blaze on the banks of the Ganges, a grim symbol of the ferocious Covid-19 wave sparking a health crisis and human tragedy in India that is Continue Reading
Reinstated Lockdowns Threaten India’s Oil Demand Recovery
Amid record daily new COVID cases and reinstated lockdowns in populous cities, Indian refiners have started to cut oil processing rates as fuel demand in the world’s third-largest crude importer Continue Reading
China’s Belt and Road: Australia Cancels Victoria State’s Deals
China has slammed Australia’s decision to cancel agreements between the Belt and Road Initiative and the Victoria state government, signaling a worsening of ties between the nations. The Australian federal government Continue Reading
India records world’s biggest single-day rise in coronavirus cases
India recordedthe world’s highest daily tally of 314,835 COVID-19 infections on Thursday as a second wave of the pandemic raised new fears about the ability of crumbling health services to Continue Reading
U.S. adds about 100 countries to its ‘Do Not Travel’ advisory list
U.S. State Department has added about 100 countries this week to its “Level Four: Do Not Travel” advisory list, putting the United Kingdom, Canada, France, Mexico, Germany and others on Continue Reading
Biden Administration Moves to Unwind Trump Auto-Emissions Policy
The Biden administration is moving to end a legal battle with California over the state’s authority to regulate motor-vehicle emissions, setting the stage for stricter regulations on the auto industry, Continue Reading
Ford Prolongs Shutdowns at Several U.S. Plants Due to Chip Shortage
Ford F 2.45% Motor Co. is planning more downtime at five North American factories due to a global semiconductor shortage, further disrupting output of a popular sport-utility vehicle and the F-150 pickup truck, Continue Reading