News & Map

East Africa's refinery rivals take on Dangote

Aliko Dangote’s planned refinery on Kenya’s Lamu Island will likely have to rely on seaborne imports for crude supplies.

TotalEnergies earmarks annual spend of up to $17 billion over next five years

TotalEnergies aims to keep its oil equivalent production steady at around 3 million barrels per day through 2035.

Chinese EVs will enter the US despite tariffs, analysts say

The Trump administration has maintained 100% tariffs on Chinese EVs as it looks to protect domestic production.

Trump threatens diesel export ban again

The US is the world’s biggest diesel producer and exporter, and Trump’s threat has put buyers on alert.

Oil prices rise as hope for a US-Iran truce fades

The Trump administration has reportedly been issuing ultimatums to Tehran’s trading partners, warning that continued com...

Russian Government Suspends Audits for Companies Targeted in Ukrainian Attacks

Officials described the temporary measure as a way to reduce bureaucratic red tape for businesses during recovery effort...

Vietnam police uncover online gambling ring with over $38.6M in transactions processed

Police in the northern province of Hung Yen have uncovered an online gambling ring operating through the Net.win website...

WTO members deepen discussions on trade and climate measures, share updates

The Committee on Trade and Environment (CTE) met on 28-29 September to advance its discussions on the trade and environm...

New Zealand advances safe and inclusive trade with new contribution to STDF

New Zealand has contributed NZ$ 300,000 (approximately CHF 140,000) to the Standards and Trade Development Facility (STD...

WTO, Asian Development Bank and World Bank bring TS4D initiative to Asia and the Pacific

The WTO, the Asian Development Bank and the World Bank Group jointly organized a regional conference in Manila on 28-29 ...

Foreign investors buy into US equities at record rate

Net purchases of US equities and investment fund shares by foreign investors reached a record $426 billion in the second...

Namibia's president eyes local mineral processing

The country’s president says international investors will be required to work with local partners.

Can We “Grow Our Way” Out of Debt?

Treasury secretary Scott Bessent says the U.S. can grow its way out of debt. Is he right?

Africa Finance Corporation advises Senegal to focus on growth

The advice comes as Dakar negotiates its new $2.2 billion International Monetary Fund program.

Nigeria announces largest rate cut in two decades

The move signals the possibility of an easing cycle next year, analysts said.

Nigeria and US sign minerals agreement

The investment framework is the latest step in Abuja’s push to compete for investment dollars flowing into Africa’s mine...

African resilience drive hinges on partnerships

Mineral-rich African nations are converging around a push to pivot from simply exporting raw materials to a greater emph...

North Sea appraisal ops up the oil & gas discoveries’ projected size

Three Norwegian oil and gas players – Aker BP, Equinor, and DNO – have carried out appraisal drilling activities on two ...

Zambia is close to resolving $1.5B US health data dispute - minister

Zambia’s foreign minister Mulambo Haimbe told Semafor that Washington had agreed to remove contentious data-sharing prov...

Vantris Energy rakes in $441.8 million for Petronas and PTTEP offshore works in Malaysia

Offshore engineering specialist Vantris Energy has fortified its financial pipeline after clinching two major transporta...

CNOOC keeping Worley busy on its North Sea assets for five more years

Australia’s engineering firm Worley has picked up a multi-year renewal of its assignment in the North Sea with CNOOC Int...

Global bond selloff pushes borrowing rates higher

Yields on Japan’s 10-year bonds rose to their highest level in three decades, while US Treasury yields hovered above 5%.

Agreement clears way for resumption of Niger uranium project

The Mining Convention for the Madouela project formalises a framework agreement announced in August and triggers the pro...

Eni broadens its exploration horizons in Southeast Asia with another offshore block

Italian energy giant Eni has expanded its Asian portfolio with the addition of a new exploration license in the prolific...

‘It’s a gimmick’: Trump’s diesel export limits would face huge problems

The president is still entertaining a ban that most Hill Republicans hate and that analysts warn would risk driving up g...

Inpex beefs up stake in Australian LNG project

Japan’s exploration and production (E&P) company Inpex has moved to solidify its foothold in a liquefied natural gas (LN...

Petrobras and ENH forge oil & gas partnership

Brazil’s state-owned energy giant Petrobras has shaken hands with Mozambique’s National Hydrocarbons Company (ENH) on a ...

Cambodian Authorities Investigating Scamming Sites Linked to Sanctioned Tycoons, Senior Official Says

Phnom Penh is trying to address criticisms that the current anti-scam campaign is more about reputation management than ...

UBS considers an exit from Switzerland

Senior leaders have revived discussions about combining with a foreign bank after Swiss regulators voted this week to de...

Europe’s Diesel Vulnerability to US Export Restrictions

Europe’s reliance on US energy exports was meant to insulate the continent from Russia. But it may result in new and pot...

China in Latin America: January 2026

In January, China condemned the United States’ capture and arrest of Venezuelan president Nicolás Maduro. Brazil reacted...

US Treasury yields hit highest level since 2007

The higher yields could become a boon to some private credit lenders like Apollo or Blackstone.

Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act

Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-...

Ukraine’s defense tech sector must offer investors more than innovation

Since the start of Russia’s full-scale invasion in 2022, Ukraine has built one of the world’s most dynamic defense tech ...

Federal Reserve Board issues enforcement action with former employee of Sandy Spring Bank

Federal Reserve Board issues enforcement action with former employee of Sandy Spring Bank

India’s Semiconductor Journey: Old Designer, New Producer

India already has the design talent; what it needs is to turn this talent into Indian-owned companies, and to build the ...

India’s biggest payments app PhonePe enters UAE

The UAE fintech industry is projected to nearly double by 2029, after drawing in a third of all startup funding in the c...

Microsoft doubles down on investment in the Gulf

Microsoft is planning to spend at least $10 billion by 2030 to shore up the region’s digital resilience.

ECB Executive Board member Isabel Schnabel to resign to take senior role at IMF

Analysis: EVs are now nine times cheaper than petrol or diesel to drive in the UK 

The latest surge in fossil-fuel prices means it is now up to nine times cheaper in the UK to drive… The post Analysis: E...