Iran and Oman have opened negotiations on a temporary shipping corridor through the Strait of Hormuz, as efforts intensify to restore safe navigation through the vital waterway amid the ongoing
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French energy giant TotalEnergies has completed its withdrawal from Russia’s Arctic LNG 2 project, ending its ownership stake in the major gas development after Western sanctions disrupted the project following
Iran is struggling to secure enough petrol to meet domestic demand after a US naval blockade disrupted the country’s ability to import fuel, according to a senior Iranian official. Vice
Microsoft co-founder Bill Gates has called for governments to protect some jobs from artificial intelligence and robotics, proposing a new category of “Human Reserved” work and taxes on AI and
Nigeria’s daily consumption of petrol fell by 25 per cent in July, with diesel and aviation fuel also recording sharp declines as higher pump prices continued to affect demand. Data
Tesla is recalling nearly 2.9 million locally produced electric vehicles in China after regulators raised concerns that their interior emergency door handles could make it difficult for passengers to escape
Motorists and businesses in Imo State may see some relief in petroleum distribution costs following the expansion of Dangote Refinery’s free petroleum-product delivery programme to the state. Imo is among
Dangote Refinery is moving closer to a major stock market debut after securing a $1 billion underwriting programme ahead of its planned initial public offering, potentially setting the stage for
Nigeria’s poor performance in the United States’ 2026 Fiscal Transparency Report should serve as a warning to the Federal Government, civic-tech organisation BudgIT has said, calling for urgent reforms in
The National Insurance Commission (NAICOM) has revoked the operating licence of Universal Insurance Plc after the company allegedly failed to meet the minimum capital requirement for its category. The cancellation