Thursday , 18 December 2025

Recent Posts

Nigerian oil producer plans to triple output from Shell block

Bloomberg Nigerian independent producer Heirs Oil & Gas Ltd plans to restore an oil block acquired from Royal Dutch Shell Plc to its former output levels to make it one of the country’s biggest local operators. Heirs finalised its purchase of an operating stake in a permit known as Oil Mining Lease 17 in a deal worth more than $1 …

Read More »

Wizz Air hits wall in bid for London Gatwick growth

Bloomberg Wizz Air Holdings Plc has a chance to become a force across Europe, using its low-cost structure and financial clout to capture a bigger share of the market when the coronavirus finally lets up. The Hungarian discount carrier has snapped up airport capacity in Italy, Germany, Norway and the UK during the pandemic, but the westward push has been …

Read More »

Reliance’s deal with Future Group halted

Bloomberg Future Retail Ltd’s dollar bonds plunged on an Indian court temporarily restraining parent Future Group from selling its retail assets to Reliance Industries Ltd, after Future’s partner Amazon.com Inc had sought the suspension. The Delhi High Court ordered the Future Group and Indian authorities to ensure the status of the indebted Indian retailer’s assets are maintained as is, putting …

Read More »