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African Development Bank commits $80 million to Ekiti Knowledge Zone Project in Nigeria

In the heart of Nigeria’s Ekiti State, a groundbreaking initiative is taking shape – the Ekiti Knowledge Zone (EKZ), a bold step to transform the

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Factbox: Oil supply disruptions boost prices

A series of oil supply disruptions across the globe has helped push Brent crude prices above $81 a barrel for the first time since April.

Libya , Iraq , Baghdad , Turkey , Kazakhstan , Nigeria , Tengiz , Atyrau , Forcados , Delta , Mexico , China

Exclusive: Kazakhstan plans to hike mining tax, VAT, economy minister says

Kazakhstan plans to raise taxes on mining companies and cut fuel subsidies to balance its budget, while borrowing to develop the shipping route between China and Europe bypassing Russia, Economy Minister Alibek Kuantyrov told Reuters.

Kazakhstan , Astana , Gorod-astana , Ukraine , Russia , Caspian-sea , Oceans-general- , Oceans , Moscow , Moskva , China , Soviet

Russia cuts planned oil exports via Transneft by 0.5% in Q3 vs Q2 - sources

Russia plans to export 0.5% less oil per day via the Transneft pipeline system in the third quarter than in the previous three months, according to industry sources and Reuters calculations, due to voluntary crude output cuts and higher refinery runs.

Kozmino , Kirovskaya-oblast- , Russia , Hungary , Czech-republic , Germany , Novorossiisk , Krasnodarskiy-kray , Kazakhstan , Ukraine , Druzhba , Vologodskaya-oblast-

Woodside approves development of Trion oil project in Mexico

Australia's Woodside Energy Group said on Tuesday it had approved the development of the $7.2 billion Trion ultra deepwater oil project in the Gulf of Mexico, which is expected to provide a strong and quick return on investment.

Mexico , Gulf-of-mexico , Mexico-general- , Bengaluru , Karnataka , India , Perth , Western-australia , Australia , Mexican , Jonathan-oatis , Harish-sridharan

Explainer: What is Russia's problem with the Black Sea grain deal?

President Vladimir Putin said this month that Russia was considering withdrawing from the Black Sea grain deal as he accused the West of cheating Moscow because it still faced obstacles getting its own agricultural goods to world markets.

Odesa , Odes-ka-oblast , Ukraine , Russia , Yemen , Black-sea , Oceans-general- , Oceans , Syria , Moscow , Moskva , Afghanistan

Kazakhstan to press ahead with $16.5 bln claim against oil majors

Kazakhstan is pressing ahead with $16.5 billion in claims against international oil majors over disputed project costs and has no plans for a possible out-of-court settlement, Energy Minister Almasadam Satkaliyev said on Tuesday.

Russia , Kazakhstan , Astana , Gorod-astana , Karachaganak , Batys-qazaqstan , Soviet , Mariya-gordeyeva , Almasadam-satkaliyev , Olzhas-auyezov , Vladimir-soldatkin , David-evans

Exclusive: Russia's Taman port set to suspend LPG exports over drone danger

Russia's Black Sea port of Taman is poised to suspend exports of highly-explosive liquefied petroleum gas (LPG) because of concerns linked to drone attacks, three sources with knowledge of the situation told Reuters on Friday.

Kazakhstan , Kremlin , Moskva , Russia , China , Ukraine , Kyiv , Kyyiv , Misto , Moscow , Black-sea , Oceans-general-

Oil loadings from Russia's western ports set to fall 6% in June/May -sources, Reuters calculations

Oil loadings from Russia's western ports in June will fall by 6% on a daily basis from May, undermined by Russia's voluntary oil production cuts and higher domestic refinery runs, market sources said and Reuters calculations showed.

Russia , Moscow , Moskva , Novorossiisk , Krasnodarskiy-kray , Primorsk , Orenburgskaya-oblast- , Belarus , Black-sea , Oceans-general- , Oceans , Russian