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Colombia is poised for rising energy costs due to increased reliance on imported natural gas, necessitated by declining domestic production. This shift may impose burdens on consumers, as regulatory frameworks …
Colombia Prepares for Rising Energy Costs Amid Natural Gas Deficits Read More
Codelco reported a pre-tax profit of $790 million for 2024, recovering from a $757 million loss in 2023. The state-owned company produced 1.328 million metric tons of copper during this …
Codelco Reports Significant Profit Surge in 2024 Read More
WTI crude oil prices increased to $69.15, driven by a significant drop in U.S. crude inventories and concerns about tighter global supply due to U.S. tariffs affecting Venezuelan oil. API …
WTI Crude Oil Prices Rise Amid Venezuela Supply Concerns Read More
President Trump announced a 25% tariff on countries buying Venezuelan oil, citing hostility from Venezuela. This follows concerns about crime linked to Venezuelan nationals in the US. The US markets …
Trump to Impose 25% Tariff on Purchases of Venezuelan Oil Read More
Waraba Gold Limited announced plans to acquire 80% of Somaco Global Resources SARL, expanding its gold exploration footprint in Ivory Coast. The company will raise US$500,000 through unsecured debentures to …
Waraba Gold Limited Expands Operations in Ivory Coast Amidst Mali Challenges Read More
The Benin Republic and Togo owe Nigeria a total of $8.84 million for electricity consumed in Q4 2024, according to the NERC. The report shows that international customers paid only …
Benin and Togo’s $8.84 Million Electricity Debt to Nigeria Read More
Benin and Togo owe Nigeria $8.84 million for electricity usage in Q4 2024. The NERC reported a remittance performance of only 37.08% from international bilateral customers, with collection issues also …
Benin, Togo Incur $8.84 Million Electricity Debt to Nigeria Read More
The U.S. Export-Import Bank is lending $4.7 billion to TotalEnergies’ LNG project in Mozambique, regarded as a “carbon bomb.” The funding comes despite significant delays due to security issues from …
EXIM Bank Approves $4.7 Billion Loan for Mozambique LNG Project Amid Criticism Read More
Ecuador faces a new fuel leak in the Amazon region, characterized as an “attack” by the energy ministry. This follows a prior spill that has severely affected clean water supplies. …
Ecuador’s Energy Ministry Labels New Amazon Fuel Leak as Sabotage Read More
Nigeria will begin repaying a $500 million health loan from the World Bank in 2029, with repayments lasting until 2054. The loan aims to improve primary healthcare services and requires …
Nigeria’s $500 Million Health Loan from the World Bank Read More