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Trump’s trade antics win the US a $100 billion FDI

President Donald Trump has at the White House unveiled a $100 billion investment from Taiwan Semiconductor Manufacturing Company (TSMC), setting off fears that the asian country might be losing its world-beating semiconductor industry to the US due to political pressure….

WAPCo resumes regional gas supply after conduit maintenance

Sopuruchi Onwuka The West African Gas Pipeline Company (WAGPCO) has declared successful resumption of gas supply from Nigeria and Ghana to the West African region. General Manager in charge of Corporate Affairs, Dr Isaac Adjei Doku, stated in a media…

Nigeria to close $20bn petroleum investments in 2025

* AEB to host AfreximBank’ $13 bn energy finance portfolio  Sopuruchi Onwuka Significant $20 billion or N34 trillion of new investments are underway in the Nigerian petroleum industry. The revelation which came from the Minister of State for Petroleum Resources…

Landing plane flips upside-down at icy Toronto airport

A plane with over 80 passengers and crew crash-landed on an icy runway at Toronto airport on Monday when it flipped, lost its wings and laid upside-down on its roof. The Oracle Today learnt that as many as eight people…

WAGPCo pledges duct integrity for growing West African gas market

Sopuruchi Onwuka The West African Gas Pipeline Company (WAGPCo) Limited has declared commitment to ensure that the transportation infrastructure connecting natural gas from producers to the regional market remains in sound condition. The company is the transporter of processed natural…

Business e-Platform International Business

Downloading DeepSeek in US to attract 20 years in prison, $100M fine

A newly introduced bill from Senator Josh Hawley (R-MO) is drawing attention for its unprecedented severity in restricting Chinese artificial intelligence (AI), specifically targeting technologies like DeepSeek. The bill, which Hawley filed last week, intends to “prohibit United States persons…

China leads plans to build space based solar power station

Sopuruchi Onwuka, with agency reports As the race to locate more facilities in the orbit gets intense, China has begun working on plans to be the first to take a space for its gargantuan orbital solar farm that would harness…

NASA claims China’s dam can slow Earth rotation and make days longer

As India raises concerns over new hydropower dam in Tibet NASA has claimed that China’s Three Gorges Dam could slightly slow the Earth’s rotation and extend the length of days. The revelation came India says it has conveyed concerns to…

LNG demand upbeat as Russia shuts pipeline to Europe

Sopuruchi Onwuka Players in gas liquefaction and export should brace for more spot transactions as critical demand surge is expected from European countries that would now cease receiving pipeline gas from Russia after Ukraine terminates transit agreement. Both Russia and…

Climate action: New York to slam oil firms with $75 billion fine

The state of New York in the United States has declared that it will fine fossil fuel companies a total of $75 billion over the next 25 years. The fine is meant to pay for damage caused to the climate…