Tag: production
Nigeria’s oil production: We must do more
Nigeria’s slow rebound in crude oil production to around 1.66 million barrels per day is good news, but it should not be treated as a major victory. After years of painful decline caused by oil theft, pipeline attacks, the departure of foreign oil companies and policy confusion...
February oil production dips to 88% of OPEC quota
Business March 18, 2026 by The Nation The Nigeria’s crude oil production reduced drastically to 88 per cent of the Organization of Petroleum Exporting Countries (OPEC) quota in February 2026 from about 98 per recorded in January 2026. The crude oil quota was 1.5million barrels per day, however the country’s output in the month under
Iran says production at world’s largest gas field partly suspended after Israeli attack
Iran says production at world's largest gas field partly suspended after Israeli attack
Jide Kene to make film production debut with ‘City of Dreams’ in Enugu
Jide Kene, the Nollywood actor, is set to make his debut as a filmmaker with a new television series titled ‘City of Dreams’, which will be shot in his home state, Enugu. Peter Mbah, Enugu governor, shared the news via social media after receiving the actor on a courtesy visit. In the post, the governor
U.S. Offshore Oil Production Set To Jump
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani - May 26, 2025, 7:00 PM CDT EIA and BOEM: Gulf of Mexico’s output is projected to rise from 1.8 million barrels per day (bpd) to 2.4 million bpd by 2027. Recent BOEM
NVIDIA’s Thor Chip Production Delayed, XPeng Plans to Shelve Deployment
Skip to content According to 36Kr‘s report, the continuous delay of NVIDIA’s flagship car AI chip Thor is increasing the risk of losing core customers. Thor was originally planned for mass production in mid-2024 but has been significantly delayed. It is now expected to be available in mid-next year, and it will still be an
Electricity production fell in February, Statistics South Africa says
Eskom has implemented rolling blackouts to ease pressure on the national grid as its generating units struggle to keep up with demand...
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Bitcoin
Investors Cash Out Fast of Bitcoin ETFs but Price Remains Stable
American investors have reversed course, cashing out of spot Bitcoin exchange-traded funds after a hot run at the beginning of August. Data from Farside Investors shows that investors pulled over $385 million from the U.S. funds last week. The week before, the funds had received fresh cash every day, bringing in more than $865 million
African
African investment entity planned by Egypt as it seeks expanded BADEA funding
Egypt plans to establish a new investment entity to coordinate its investments in Africa and is urging the Arab Bank for Economic Development in Africa (BADEA) to expand its backing for continental infrastructure and trade initiatives, Foreign Minister Badr Abdelatty said on Sunday. Abdelatty, who serves as Minister of Foreign Affairs, Emigration and Egyptian Expatriates
House
Wealthy House candidates eye payoffs in Florida Republican primaries
More than a dozen House candidates in Florida have poured over $1 million into their campaigns ahead of Tuesday’s primary elections, a CQ Roll Call analysis of fundraising reports shows. The investments — by 14 Republicans running for eight different House seats — come after the GOP-led state Legislature approved a new congressional map this
public
US Treasury Asks For Public Input on Landmark Genius Act Crypto Legislation
The U.S. Department of the Treasury is moving fast with crypto regulation, with the government body asking for public comment on the landmark GENIUS Act. In a Monday announcement, the Treasury said that it was welcoming input from stakeholders on a proposed rule that would provide clarity to industry regarding who needs a license to
Billionaire
Hedge Fund Billionaire John Overdeck’s Wife Seeks $6.2 Billion in Divorce Settlement
Eweeeeee!!! The divorce showdown between hedge fund billionaire John Overdeck and his wife Laura Overdeck has intensified, with Laura now demanding a staggering $6.2 billion settlement. The case, unfolding in a Newark courtroom, has been described as the biggest contested divorce in New Jersey history. Laura is asking for 35% of John’s stake in Two