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Tanzania’s economy is reportedly growing, yet the Tanzanian shilling has plummeted by 8.9% this year, cementing its status as the world’s worst-performing currency. Factors causing this decline include rising imports …
Tanzanian Shilling Faces Severe Decline Amid Economic Growth Challenges Read More
Renaissance Africa Energy Holdings completed its $2.4 billion acquisition of Shell’s assets in Nigeria, marking a key shift in the energy sector. The deal, which faced regulatory hurdles, allows SPDC …
Renaissance Acquires Shell’s $2.4 Billion Asset in Nigeria Read More
Raizen SA is reportedly seeking to sell its oil refinery and gas station chain in Argentina, hiring JPMorgan for the sale. This potential divestment comes in light of rising borrowing …
Raizen SA Explores Sale of Argentine Energy Assets Amid Economic Reform Read More
Brazil’s Ibama agency has recommended denying Petrobras’ drilling license for the sensitive Foz do Amazonas region, citing insufficient environmental protection plans. President Lula has publicly criticized Ibama for delays in …
Ibama Recommends Denial of Petrobras Drilling Authorization in Amazon Read More
Guyana and Suriname are set to become key players in the global liquefied natural gas market, with plans to produce 12 million metric tonnes annually by the 2030s. Backed by …
Guyana and Suriname: Emerging Leaders in the Global LNG Market Read More