Saudi Arabia has extended its oil production cut by one month, with a reduction of around 9 million barrels per day (bpd) until the end of August. This extension aims to support the stabilit… Read More
Saudi Arabia has dismissed any discord with Russia, praising their coordinated efforts to remove barrels from the market and boost oil prices. Riyadh has extended its production reduction of… Read More
Saudi Arabia's economy slowed in the second quarter, with GDP expanding by 1.1% compared to 3.8% in the previous quarter and 11.2% in the same period last year. The non-oil sector grew by 5… Read More
Saudi Arabia and Russia have announced that they will extend their voluntary oil production cuts through the end of the year, reducing global crude output by 1.3 million barrels and pushing… Read More
Brazil's President Luiz Inácio Lula da Silva aims to restore the country's climate credibility and prevent the Amazon from reaching a tipping point. Deforestation in Brazil's Amazon h… Read More
China's demand for oil, copper, and other major commodities is growing at robust rates, according to Goldman Sachs. The investment bank observed that China's demand for copper has risen 8% Y… Read More
UK Finance Minister Jeremy Hunt has ruled out short-term tax cuts, citing concerns over inflation. Hunt stated that the focus is currently on reducing inflation and that tax cuts could only… Read More
At least 18 people, including a pregnant woman, were killed in southern Nigeria when an illegal oil refinery exploded. The explosion occurred when a homemade refinery ignited a nearby oil re… Read More
The International Energy Agency (IEA) and OPEC are engaged in a dispute over peak oil demand, which refers to the point when global crude demand reaches its highest level and begins to decli… Read More
Energy experts predict that there may be a temporary spike in crude oil prices following the attack on Israel by Hamas, but the overall impact on the market will likely be limited. The exper… Read More
Oil prices rose 4% after Palestinian militants Hamas launched a surprise attack on Israel, extending the Israel-Hamas conflict into its third day. Global benchmark Brent traded at $88.02 a b… Read More
The Saudi energy minister, Prince Abdulaziz bin Salman, stated that the Saudi and Russia-led oil producers' alliance, known as OPEC+, is prepared to wait for "real numbers" before adjusting… Read More
OPEC has raised its long-term forecast for global oil demand, predicting it to reach 116 million barrels per day by 2045. This contrasts with the International Energy Agency's (IEA) predicti… Read More
French troops have begun to withdraw from Niger, with a convoy of soldiers and equipment leaving the country for an undisclosed location, possibly Chad. The withdrawal was demanded by Niger'… Read More
The International Energy Agency (IEA) has warned that oil markets are likely to remain uncertain as the Israel-Hamas conflict continues. Although the conflict has not yet directly impacted p… Read More
The variety and richness of Nigerian cuisine is amazing! From flavorful jollof rice to yummy egusi soup, it has it all. Local ingredients like yam, plantain, and palm oil add so much flavor… Read More
Favour Nweke, the Nigerian woman from Rivers State, who bathed her husband, Ekelediri Nwokekoro, with hot groundnut oil in Okehi in Etche Local Government Area of the state, has spoken up.
S… Read More
A new report by the US-based think tank Global Energy Monitor (GEM) predicts that close to a million coal mine jobs, more than a third of the coal mining workforce, could disappear by 2050… Read More
ExxonMobil has agreed to acquire shale group Pioneer Natural Resources for $59.5 billion, making it the largest oil and gas deal in the US in over two decades. The deal will increase Exxon's… Read More
Investors are pressuring Tesla CEO Elon Musk to start spending on major media campaigns as the company's growth in unit sales lags. Shareholders have challenged Musk on this issue at the ann… Read More
Many of the world’s largest public and private companies will soon be required to track and report almost all of their greenhouse gas emissions if they do business in California &ndash… Read More
Agriculture plays a vital role in the Nigerian economy, contributing to various aspects of the country’s development and well-being. Understanding the importance of agriculture can she… Read More
Nigeria has unveiled its 2024 budget of 26.01 trillion naira ($34 billion), assuming an oil price of $73.96 per barrel and an exchange rate of 700 naira per dollar. The budget allocates 8.25… Read More
A series of billion-dollar mergers and acquisitions in the Canadian oil sector indicates a strong industry with growing confidence in the short- and medium-term outlook for fossil fuels. Com… Read More
Swedish activist Greta Thunberg was arrested in London during an environmental protest outside a hotel hosting an oil executives' meeting. Thunberg was led away by police officers and placed… Read More
Tesla is urging the Biden administration to adopt stricter fuel economy standards than currently proposed, which would give the company an advantage over legacy automakers such as General Mo… Read More
The Biden administration has eased sanctions on Venezuela's oil sector in response to a deal between the government and opposition parties for the 2024 election. The new general license allo… Read More
Google has cut dozens of jobs in its news division, with an estimated 40 to 45 workers losing their jobs. The layoffs come at a sensitive time for online platforms and publishers, as the spr… Read More
Ex-Niger Delta militant leaders have sent a serious warning to Sheikh Ahmad Gumi over comments he directed at the minister of the Federal Capital Territory (FCT), Nyesom Wike.
The militant l… Read More
A storm named Babet has hit northern Europe, causing floods, power outages, and disruptions to transportation. At least four people have died in the storm, with the latest victim being a wom… Read More
Residents in Myanmar's largest city, Yangon, are facing food shortages and skipping meals due to soaring rice and cooking oil prices since the military junta took power in February 2021. The… Read More
Nigerian billionaire, Mike Adenuga has lost a staggering $300 million.
This is according to a report by Nairametrics.
The report stated that the Chairman of Conoil and the founder of Globaco… Read More
Roblox China, a joint venture with Tencent, has laid off a small number of staff in the US and China. The company has been quiet about its operations since it abruptly halted service nearly… Read More
The upcoming U.N. Climate Change Conference (COP28) has sparked debates about various technologies and innovations to tackle climate change, including carbon capture. Lorenzo Simonelli, CEO… Read More
Boeing has announced that it will deliver fewer 737 Max aircraft than previously expected this year due to production flaws on the fuselages. The company now estimates handing over between 3… Read More
Oil prices slipped despite tensions rising in the Middle East as Israel sent ground forces into Gaza, with Brent down 1.06% at $89.52 per barrel and US West Texas Intermediate futures declin… Read More
Oil major BP reported a steep year-on-year decline in profits for the third quarter, falling short of analyst estimates. The company's underlying replacement cost profit was $3.293 billion… Read More
The Senate confirmed Mr Zacch Adedeji’s nomination as Chairman of the Federal Inland Revenue Service (FIRS) on Tuesday.
Adedeji, who appeared in the upper house on Tuesday for his scre… Read More
The US Treasury Department, in collaboration with the UK and Canada, has announced new sanctions against Myanmar's state energy company, Myanma Oil and Gas Enterprise. The sanctions, effecti… Read More
The Bank of England is expected to keep interest rates unchanged due to moderating price pressures and weakening economic activity. Recent data shows that UK inflation remains at 6.7% in Sep… Read More
Shell reported a $6.2 billion profit for the third quarter, in line with estimates, thanks to higher oil prices and refining margins. The company also announced a $3.5 billion share buyback… Read More
The article discusses the Canadian government's decision to exempt home heating oil from the carbon tax for three years and expand a program to help those who use heating oil install electri… Read More
Salman Ahmed, global head of macro and strategic asset allocation at Fidelity International, has warned investors not to trust the recent stock market rally. He believes that the rally is no… Read More
The news article titled "Balanced News: Oil and gas companies spill millions of gallons of wastewater in Texas" discusses the issue of produced water spills in Texas caused by oil and gas co… Read More
The United Autoworkers (UAW) has reached tentative agreements with GM, Stellantis, and Ford, ending a six-week strike and securing significant concessions for workers, including record pay r… Read More
Members of Parliament will vote on a motion from the federal Conservatives today, which calls for the carbon price to be exempted from all forms of home heating, not just heating oil. Conser… Read More
A new report by the U.N. Environment Programme (UNEP) and Stockholm Environment Institute reveals that governments are planning to increase fossil fuel production by 110% in 2030, which woul… Read More
Moody's Investors Service has lowered its ratings outlook on the United States government from stable to negative, citing rising risks to the nation's fiscal strength and political polarizat… Read More
A United Nations report has revealed that countries' current plans to reduce carbon emissions would actually result in an 8.8% increase in global emissions by 2030 compared to 2010 levels, f… Read More
Citigroup is set to begin layoffs as part of CEO Jane Fraser's corporate overhaul. Employees affected by the cuts will be informed starting Wednesday, with new dismissals announced daily thr… Read More
Sammi Hanratty is an American actress who rose to fame after playing the lead female role of Chrissa Maxwell in the film An American Girl: Chrissa Stands Strong in 2009.
Sammi made a name… Read More
Kinsey Wolanski is a Russian-American actress, model, social media personality, and YouTuber who lives in Sacramento, California. She is well known for her famous prank videos on YouTube.Kin… Read More
Introduction
Understanding natural remedies can alleviate symptoms of an enlarged prostate and promote prostate health.
Benefits of Natural Remedies for Enlarged Prostate
Natural re… Read More
Unlocking the Power of MCT Oil in Your Keto Diet
The ketogenic diet has garnered substantial attention in recent years for its potential health benefits and weight loss properties. Among… Read More
A giant Amazon seller now declares an unexpected bankruptcy, part of a restructuring agreement with lenders to slash its debt.
Walpole, Massachusetts-based Thrasio is asking the court to… Read More
Another tech company is now laying off 350 employees to help drive stronger operating leverage and align with “future strategic priorities.”
Bumble announced on Tuesday plans… Read More
This massive bank is now cutting 286 jobs which will take effect before May 3rd according to the latest WARN filings.
The staff cuts, set to take effect before May 3, encompass 239 emplo… Read More
A beloved tech retailer now warns of new layoffs even as the company navigated through a period of consumer electronics demand.
Best Buy warned of another year of softer sales and said it… Read More
This massive US company will now lay off in California, as well as other prominent states such as Ohio and Pennsylvania, sources report.
UPS is laying off employees at facilities in Calif… Read More
Samsung has continued its streak of discounts, with price cuts on the Galaxy Watch 6, Galaxy Buds, and now the Galaxy Tab A9+. Previously priced at $219, the Galaxy Tab A9+ is now available… Read More