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SOUTHERN AFRICAN OIL PRODUCING NATION
Shipowners on edge for news on Hormuz as ‘dark’ oil flows swellShipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution,...- Indian Navy recovers, disposes of unexploded missile warhead from oil tanker off Oman coastAccording to the defence spokesperson, the Marshall Islands-flagged tanker MT Olympic Life, which had no Indian nationals on board, was sai...
- Indian Navy recovers unexploded missile warhead from tanker off KochiThe Indian Navy executed a high-risk operation to retrieve an unexploded missile warhead from a crude oil tanker. The vessel, MT Olympic Li...
- China company secures Kenya airport deal after Adani falloutThe East African nation awarded China Communications Construction Co. an engineering, procurement and construction contract to update and e...
- China firm secures Kenya Airport revamp deal after Adani falloutKenya has awarded a $2.9 billion airport upgrade contract to China Communications Construction Co., two years after canceling a deal with I...
- Snake dance in space? NASA astronaut captures mesmerising view across Earth from SpaceX spacecraftSnake dance in space: Astronaut Jessica Meir shared a stunning timelapse of the Southern Lights, or aurora australis, captured from a Space...
- Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil market reacts to US-Iran escalation and Strait of Hormuz closureWhy are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil markets moved higher after ...
- Gold hits over 6-month low on rate-hike concerns amid Mideast conflictGold prices dropped to a six-month low as U.S. strikes on Iran fueled oil prices and inflation concerns. This, coupled with strong U.S. con...
- US launches new strikes after Trump threatens to attack Iran 'very hard'The US launched a new round of overnight strikes on multiple targets in Iran, with President Donald Trump warning of further attacks unless...
- OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
- Drones hit historic museum in Russia-annexed Crimea as officials alter train scheduleUkrainian drones struck a historic museum in Sevastopol and targeted Russian energy infrastructure. Authorities reduced nighttime train ser...
- African proverb of the day: 'An old man marrying a young lady is like buying a book...' Life lessons by Nubian proverb on marriage, love, relationships, age gap, life journey, commitment, and why one should tie knot after due considerationAfrican proverb of the day highlights the challenges that can arise when people at very different stages of life enter a marriage. This Nub...
- Companies seek lifting of curbs on gas pipeline integrationIndian energy firms want the Petroleum and Natural Gas Regulatory Board to allow pipeline connections. This could free up nearly 10% of dom...
- Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...
- Adani Ports bags 10-year contract for Argentina’s first LNG export projectAdani Ports has secured a significant 10-year contract for Argentina's first liquefied natural gas export project. This deal, worth an esti...
- Iran ends military operations against Israel, warns of harsher attacks if strikes on Lebanon persistIran's armed forces declared an end to military operations against Israel, but warned of escalated attacks if Israeli strikes on Lebanon co...
- Morocco pitches itself as India's gateway to Europe and AfricaMorocco is emerging as a key hub for Indian industries. The nation offers a strategic gateway to European and African markets. This collabo...
- As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
- African proverb of the day: 'He who digs a grave for his enemy might as well be digging one for...' - thought-provoking life lessons on why revenge can backfire on you and how to handle conflict in a smart wayAfrican proverb of the day: An African saying warns that seeking revenge against an enemy can lead to self-destruction, as actions intended...
- African proverb of the day: 'He who does not cultivate his field will die of...' - motivational life lessons on hard work, discipline, personal responsibility, value of consistent effort and understanding why some people succeed and others don'tAfrican proverb of the day: An African saying highlights the essential link between consistent effort and tangible rewards. This ancient wi...
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