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Former Kano governor Kwankwaso to run for Nigeria’s presidency

Bloomberg Rabiu Kwankwaso, a former governor of Nigeria’s northern state of Kano, will seek to oust President Muhammadu Buhari in elections scheduled for February. Kwankwaso, who’s now a senator, will announce on August 29 that he will compete to become the presidential candidate for the main opposition People’s Democratic Party, which will hold primaries later this year, his spokeswoman, Binta ...

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Big Oil’s exit turns into revival for Norway’s aging North Sea

Lead oil copy

Bloomberg Back in 2015, Royal Dutch Shell Plc and BP Plc cast doubt over the future of aging oil fields offshore Norway. A crash in crude prices and high operating costs threatened to shut them early, leaving millions of barrels in the ground. Two of the fields, Draugen and Valhall, have since fallen into the hands of smaller, local companies, ...

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Trinidad strikes gas deal with Venezuela for natural gas exports

Lng carrier northwest shearwater

Bloomberg Trinidad and Tobago will continue to ship super-chilled natural gas all over the world, with a little help from Venezuela. President Nicolas Maduro and Trinidad and Tobago Prime Minister Keith Rowley signed a deal where Trinidad will purchase gas from Venezuela’s prolific Dragon Field, state-run energy company, Petroleos de Venezuela SA, said in a tweet. Under the terms of ...

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