Shell to Sell Nigeria Onshore Oil Business for $1.3 Billion

[ad_1] Shell Plc agreed to sell its Nigerian onshore oil business to a consortium of local companies for more than $1.3 billion. If approved by the government, the transaction would…

COP28 Deal Shows Annual Festival Is a Serious Business

[ad_1] The day I started my role as a climate columnist was the day that Sultan Al Jaber was announced as the president-designate of COP28. I couldn’t have asked for…

Raid on Billionaire Dangote’s Office Spooks Nigerian Businesses

[ad_1] Looking back, it was a sign of things to come for Nigeria’s elite. Last week’s raid by the anti-graft commission on the offices of Aliko Dangote, Africa’s richest person…

European Gas Rises as Red Sea Attack Highlights Shipping Risk

[ad_1] European natural gas prices rebounded after a two-day slide as more attacks on vessels in the Red Sea raised the risk of prolonged disruptions to a key shipping route.…

Ghana Gives 15-Year Lithium Mining License to Atlantic Lithium

[ad_1] Ghana has granted a lithium mining license to Atlantic Lithium Ltd. as the West African nation positions itself to tap into the multibillion-dollar global industry. The 15-year lease to…

Jobs Market Doesn’t Give Up: The London Rush

[ad_1] UK Employers Boosted Pay More Quickly in December, REC Says  Bloomberg [ad_2] Source link

Exxon Looks to Future-Proof Its Business With Shale Bet

[ad_1] When the International Energy Agency released its landmark net-zero emissions roadmap in 2021, it made no mention of shale oil as it signaled the demise of the drilling industry…

Dueling Elections and More Strikes: Your Saturday UK Briefing

[ad_1] Dueling Elections and More Strikes: Your Saturday UK Briefing  Bloomberg [ad_2] Source link

UBS Seeks to Sell Loans Credit Suisse Gave to Junk Italian Firms

[ad_1] UBS Group AG is planning to sell its exposure to a portfolio of loans that Credit Suisse made to junk-rated Italian companies, according to people with knowledge of the…

South Africa Set to Topple Nigeria to Regain Mantle as Continent’s Biggest Economy

[ad_1] South Africa is set to briefly overtake Nigeria and Egypt as the continent’s largest economy next year, International Monetary Fund forecasts show. The IMF’s World Economic Outlook envisions South…