Orca Energy To Exit Tanzania Amid Heavy Investment Costs
Orca underscored that its withdrawal is part of a long-term strategy to preserve capital for shareholder dividends and to realize value from its Tanzanian assets.
Author: Wadh Kassim
Kampuni Ya Nishati Ya Orca Kuondoka Tanzania Kufuatia Gharama Kubwa Za Uwekezaji
Orca imesisitiza kuwa kujiondoa kwake kunalenga kulinda fedha kwa ajili ya mgao wa wanahisa na kutimiza mkakati wa muda mrefu wa kupata thamani kutoka kwa mali zake za Tanzania.
Judge Tosses Trump Defamation Suit Against Wall Street Journal
District Judge Darrin Gayles, in a 17-page ruling, said Trump had failed to prove the Murdoch-owned newspaper had knowingly published false statements, the legal standard to prove defamation.
Benin Awaits Presidential Result with Favourite Expected to Win
The result is not expected to emerge before Tuesday after an eight million-strong electorate turned out, with little enthusiasm notably in the cities, to decide between Talon’s choice backed by the two main ruling parties or opposition rank outsider Paul Hounkpe.
Asia Energy & Mining Europe International Middle East North America People United Nations War & Conflicts
France, UK to Host Summit on Hormuz This Week
Britain had convened “more than 40 nations who share our aim to restore freedom of navigation” and the summit will discuss ways to protect shipping “when the conflict ends,” Starmer said.
Oil Surges, Stocks Drop as Trump Threatens to Block Hormuz
Oil prices surged and stock markets broadly fell Monday after US-Iran peace talks broke down and President Donald Trump announced a plan to block the strategic Strait of Hormuz, ratcheting up fears for Middle East energy supplies.
Pope’s African Tour Begins in Shadow of Trump Ire
Trump has called the pontiff “WEAK on Crime, and terrible for Foreign Policy”, suggesting that cardinals only elected Leo pope in May 2025 because he was American, and a potential bridge to Washington.
Oil Prices Rally, Stocks Edge up After Trump’s Latest Iran Threat
As the Middle East war entered its sixth week, the US president warned Tehran that its civilian infrastructure would be destroyed if it did not let ships through the waterway, through which a fifth of global crude and gas passes.
‘Dozens’ Killed in Burundi After Arsenal fire: Security Sources
The explosions began at the main ammunition depot of the Burundi National Defence Force (FDNB) in Musaga, in the southern suburbs of Bujumbura, the country’s economic hub.
National Bank of Kuwait Shuts Headquarters Amid Iran Attacks
Tehran has threatened to target vital infrastructure across the Gulf, including energy sites.
