Saudi’s East-West Pipeline shutdown threatens 4% of global oil supply
Saudi Arabia has shut down pipeline following drone attacks on the vital crude conduit, amid the war-related disruption in the...
IPO-bound Dangote refinery eyes production capacity expansion by 2029
The move, due to be completed by 2029, would increase the refinery's capacity to 1.4 million barrels per day from...
Iran war rewires Gulf trade, and infrastructure becomes the new oil
With the Strait of Hormuz all but shut for six months, Gulf states are ploughing billions into pipelines, ports and...
UK energy price cap to rise 4% as government’s electricity VAT cut faces test
The increase, a 60-pound rise to 1,723 pounds (USD 2,348), will hit around 22 million British households on variable tariffs...
No foreign listing for now as Dangote Refinery eyes retail-focused IPO
The refinery has submitted an application for a USD 5 billion IPO to Nigeria's SEC, with the listing's final size...