Tuesday , 16 December 2025

Recent Posts

Arctic oil drilling plan coming soon: US interior chief

Bloomberg The Trump administration is moving to sell drilling rights in the Arctic National Wildlife Refuge, Interior Secretary David Bernhardt said. “We are about to finalise a leasing plan for that,” Bernhardt said at the Conservative Political Action Conference in Maryland, without providing a more specific timetable. His declaration comes amid delays in standing up a sale — originally expected …

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Eskom waiting for guidelines on gas-fired plant

Bloomberg South Africa’s Eskom Holdings SOC Ltd is making preparations for a 3,000-megawatt gas-fired plant, but the debt-stricken utility is still awaiting formal guidelines from the government before it can proceed with the project. The facility could alleviate a serious shortage of electricity led to a series of rolling blackouts, as the state-owned company has been forced to implement nationwide …

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US urges Ethiopia to reach deal on Nile dam

Bloomberg Egypt, Ethiopia and mutual neighbour Sudan should conclude an agreement before the completion of Ethiopia’s disputed Nile dam, to prevent “significant harm to downstream countries,” US Treasury Secretary Steven Mnuchin said. “Final testing and filling should not take place without an agreement,” Mnuchin said in a statement on the Treasury Department’s website following the latest Washington meeting, which Ethiopia …

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