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Nigerians elect powerful governors amid fears of violence

Bloomberg Nigerians began voting on Saturday for state governors and assemblies in an election that the military said may be threatened by violence. The balloting in 29 of the 36 states and the Federal Capital Territory in Africa’s biggest oil producer is the second round of general elections that saw President Muhammadu Buhari win a new and final four-year term ...

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Possible China-US gas supply deal predates trade war talks

Bloomberg A new gas supply deal between the US and China that’s expected to be part of a broader trade agreement has been in the works since before the trade war began and was put on ice after tensions flared, according to people with knowledge of the matter. A deal between Cheniere Energy Inc. and China’s Sinopec, expected to be ...

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Crescent Point takes $2 billion writedown

Bloomberg Crescent Point Energy Corp., the Canadian oil driller that fended off an activist investor last year, wrote down the value of its assets by C$2.73 billion ($2 billion) and is putting more holdings on the block as its new chief executive officer targets core operations. The after-tax writedown reflects the fair value of its assets, many of which were ...

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