Côte d’Ivoire’s Baleine Development Advances as Saipem Wins Major Offshore Infrastructure Contract
Côte d’Ivoire’s offshore energy sector is set for further expansion after Italian engineering group Saipem secured a major contract linked to the next phase of development at the...
Kuwait Secures Record US$16 Billion Infrastructure Partnership in Landmark Foreign Investment Deal
Kuwait Oil Company (KOC) has signed a landmark US$16 billion infrastructure partnership with a consortium comprising Blackstone, Brookfield and KKR, in what Kuwait Petroleum Corporation (KPC) describes as...
Indonesia’s US$21bn Abadi LNG Project Enters Construction as Strategic Gas Investment Advances
Indonesia has moved the US$21 billion Abadi liquefied natural gas (LNG) project into its construction phase, marking a significant milestone for one of the country’s largest planned energy...
Nigeria Grants Shell Production Tax Credit to Push Bonga South West Project Forward
Nigeria’s Federal Government has approved an $11.50 per barrel production-linked tax credit for Shell Plc’s Bonga South West Aparo deep offshore oil project, as part of a...
Mozambique's $20bn LNG Project Reaches Critical Stage as ExxonMobil Nears Investment Decision
Mozambique's long-awaited ambition to become a significant player in the global liquefied natural gas (LNG) market is approaching a key milestone, with ExxonMobil expected to decide later this...
Zambia Pushes Gold Expansion as ZCCM-IH Launches New Mining Venture in North Western Province
ZCCM Investments Holdings Plc has moved to strengthen Zambia’s growing gold sector after announcing a joint venture with Mining Mineral Resources (MMR) to explore and mine...
BHP Eyes Deep Copper Discoveries in Zambia Amid Growing Global Demand
BHP Group is exploring opportunities for large-scale copper exploration in Zambia, according to statements from the country's mines ministry reported by Reuters. The move reflects growing global demand for...
Poland Submits Permit Application for Its First Nuclear Power Plant
Poland has taken a major step forward in establishing its first commercial nuclear power plant. On 31 March 2026, state-owned Polskie Elektrownie Jądrowe (PEJ) submitted a formal construction permit application...
Tembo Steels’ Smart Steel Plant Set to Boost Jobs and Local Production
World Business Journal talks to Sanjay Awasthi, Chairman of Tembo Steels, about the role of direct reduced iron (DRI) in improving product quality, boosting economic growth, and driving...
Trump Highlights New Oil Refinery in Texas as Strategic Energy Move
The United States is preparing to open its first new oil refinery in roughly half a century, with plans announced this week for a facility in Brownsville, Texas, that...
Azerbaijan-Uzbekistan Investment Pipeline Outgrows $500 Million Fund
Azerbaijan and Uzbekistan are preparing to expand their bilateral investment mechanism as the...
