Australia’s Seven West Media said it would merge with Southern Cross Media to create a A$417 million (US$273.97 million or RM1.16 billion) metropolitan and regional media group to better compete with global streaming platforms. Seven West shares, controlled by mining and media billionaire Kerry Stokes, were up 7% on Tuesday to A$0.15, while Southern Cross stock was 6.6% […]
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed off on a Sales Purchase Agreement (SPA) by TotalEnergies Exploration and Production Nigeria Limited to assign its entire 12.5% contractor interest in Oil Mining Lease (OML) 118 to Shell Nigeria Exploration and Production Company (SNEPco) and Nigerian AgipExploration Limited (NAE). According to the details of the […]
Italian energy company Eni said on Monday it struck a more than $1 billion power purchase with Commonwealth Fusion System’s project in Virginia that the companies hope by the early 2030s will generate electricity through the reaction that fires the sun. Eni agreed to buy power from the 400-megawatt (MW) ARC project in Chesterfield County, […]
The reforms are part of a wider shift that began under the government’s Operation Vulindlela programme launched in 2020, which aimed to reduce red tape, unlock investment, and allow greater private-sector participation in key sectors. Since 2023, Pretoria has accelerated efforts, particularly in transport and logistics, where inefficiencies in rail and ports have long hampered mineral exports. […]
Most firms have set up a war room to triage their immediate response to the crisis. But the lack of visibility around future demand complicates efforts to restart stalled portfolio companies…
Most firms have set up a war room to triage their immediate response to the crisis. But the lack of visibility around future demand complicates efforts to restart stalled portfolio companies…