Bloomberg China’s thirst for overseas energy investments is slaking, at least by one tally. The nation’s financing for so-called Belt and Road Initiative energy projects dropped 28 percent to $14.3 billion last year from $19.9 billion, according to data released on Monday by Boston University’s Global Development Policy Center. Spending last year included investments in gas pipelines in Malaysia, coal ...

DUBAI / Reuters Egypt plans to award the tender for a high-speed railway between the Red Sea and the Mediterranean in the second half of 2018, transport minister Hisham Arafat said on Monday. The project will connect the eastern resort of Ain al-Sokhna to El Alamein, a town west of Alexandria that was scene of a battle in World War ...

Bloomberg An agency tasked with cleaning up Nigeria’s murky oil industry says even though financial accountability has improved the state oil company still hasn’t explained billions of dollars of missing revenue. While energy producers have cooperated and complied with requirements to publish payments, the Nigeria Extractive Industries Transparency Initiative has struggled with the state-owned Nigerian National Petroleum Corp., Waziri Adio, ...