America is set to become an even bigger player in the global liquefied natural gas market after the nation’s top regulator approved two more projects to export the super-chilled fuel. Tellurian Inc’s proposed $28bn Driftwood terminal in Louisiana and Sempra Energy’s Port Arthur LNG project in Texas
Indian refiners are increasing their planned purchases from Opec nations, Mexico and the US to make up for any loss of Iranian oil if the US enforces sanctions more harshly from next month, sources and company officials said.
The biggest buyers of Iranian oil are said to be putting their purchases on hold as they wait to see whether the White House will extend waivers allowing them to keep buying the crude.
The International Monetary Fund said that Tanzania’s economy is being harmed by the government’s “unpredictable and interventionist policies” in a report whose release the East African country has blocked.
Less than a week after the boss of South Africa’s Eskom Holdings SOC Ltd declared “the days of surprises are over,” documents show the government was forced to pay 5bn rand ($355.2mn) in emergency funds so the state-based utility could meet obligations.
A new, long-delayed 88-passenger jet from Japan may finally be the right plane at the right time. More cities in Asia and Europe are seeking to link up with each other and the global air travel network.
Nomura Holdings Inc’s chief executive vowed to keep Japan’s biggest brokerage independent and quickly implement his latest turnaround plan as a slumping share price puts the question of a potential merger in focus.
Pinterest climbed as much as 33% in its trading debut after raising $1.4bn in the year’s second-biggest US initial public offering, pinning investor hopes on a continuing listing surge.
After managing to revive oil prices through production cutbacks, Opec now risks squandering its victory again by letting crude surge too high.
The frosty relationship between Google and Amazon.com Inc thawed a little further. The two tech giants said on Thursday they would begin letting each others’ video services appear on their respective streaming gadgets.
Deutsche Bank AG is working on an alternative strategy to present to investors should takeover talks with rival Commerzbank AG collapse, according to people familiar with the matter.