Oil Giant Totalenergies To Cut North Sea Investment Over Windfall Tax
French oil giant TotalEnergies says it will cut North Sea investment by 25% next year after the windfall tax on oil and gas firms in the UK was extended. The company will cut £100m of spending on new ...
5 Dec 20221min
BP To Receive Blood Money From Ukraine War
A leading adviser to Ukraine's president has warned that BP stands to receive "blood money through its investments in Russia. Oleg Ustenko says BP is entitled to hundreds of millions of pounds from it...
5 Dec 202259s
FTX’s Bankman-Fried To Testify Before US Congress
FTX founder Sam Bankman-Fried has announced he will testify before the United States Congress after taking time to review the implosion of his cryptocurrency exchange. Bankman-Fried says he would appe...
5 Dec 20221min
European Union Urged To Act Over Distortions From US Climate Plan
The bloc's chief, Von Der Leyen says the EU must address distortions created by a $430bn US plan to incentivize climate-friendly technologies, Some EU members have criticized the US Inflation Reducti...
5 Dec 20221min
OPEC+ To Keep Output Unchanged In Uncertain Climate
Major oil-producing countries led by Saudi Arabia and Russia agreed on Sunday to maintain their current output levels in a climate of uncertainty and ahead of fresh sanctions against Moscow coming int...
5 Dec 20221min
Rwanda to Increase Milk Production By 34% to Satisfy Market Demand
Rwanda Agriculture and Animal Resources Development Board, Director General Solange Uwituze says Rwanda will be producing 1,250,000 tonnes of milk every year by 2024, so as to satisfy milk demand. Th...
5 Dec 20221min
Central Bank Of Nigeria Offered N7.33trn Treasury Bills in Six Months
The Central Bank of Nigeria says it offered treasury bills amounting to N7.33 trillion in the first half of the year while total public subscriptions amounted to N10.94 trillion. The bank also stated ...
5 Dec 20221min
West African Presidents Lay Foundation Of New ECOWAS Headquarters
President Muhammadu Buhari has performed the official ground-breaking ceremony of the new ECOWAS Headquarters complex also known as the Eye of West Africa, to be constructed by the Chinese Government....
5 Dec 202258s
