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Nigeria LNG is planning to boost output by 35%

Bloomberg Nigeria LNG Ltd decided to proceed with the construction of the country’s seventh liquefied natural gas production train, which will boost the company’s output by 35%. Train 7 will increase the company’s competitiveness in the global LNG market, state-owned Nigerian National Petroleum Corp, said in a statement on its Twitter account. “We are going to put in place a ...

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Trump’s trade wars expose an abiding truth

As the year ends, a partial and brief ceasefire seems imminent in Donald Trump’s trade war on the world. The United States and China may sign a deal as early as next month. But make no mistake: The protectionist impulse behind the trade war remains as ineradicable as ever. Nor should it be forgotten that economic nationalism has guided the ...

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Buffett’s 2020 New Year’s resolution

He’s making a list and checking it twice, but can’t find a takeover target that’s nice. Warren Buffett is the jolly man of the stock market. However, the chairman and CEO of Berkshire Hathaway Inc. has also been a bit of a Scrooge this year, as he continues to pass up acquisitions and instead hoard his money. The billionaire has ...

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