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ExxonMobil Pledges $1.5 Billion for Major Deepwater Oil Field Expansion
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ExxonMobil has confirmed plans to invest $1.5 billion in Nigeria’s deepwater exploration and development for the next two years. The planned investment, which will be executed between Q2 2025 and 2027, will focus primarily on revitalising production at the Usan deepwater oil field. The oil major also indicated that a Final Investment Decision is…
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Car smashes through Costa Coffee window to injure three as emergency services scramble to scene
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A vehicle has crashed into the front part of a Costa Coffee store in Oxfordshire, leaving three people injured. Emergency services rushed to the scene in Carterton this afternoon after the incident, with locals spotting an air ambulance landing nearby. The police indicate that they do not think the driver intentionally caused the incident.…
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Almighty Motion Picture Snags Film Rights for Nandini Vijayaraghavan’s “Unfinished Business”
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PNN New Delhi [India], May 7: “Capitalism in Transition” World’s Largest Democracy ” published by Penguin Random House . The book extensively explores policies and businesses, making it highly valuable as a resource for understanding business history. Thoroughly researched and well-documented business history, a relatively nascent field when concerning Indian enterprises, is admirably addressed…
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AI-Driven Dairy Innovations: Areete Teams Up With BAIF to Boost Farmer Success
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PNN New Delhi [India], May 7: Areete Business Solutions , known for bringing technology closer to the fields, has announced a strategic collaboration with BAIF Development Research Foundation, one of India’s most respected rural development institutions, to make livestock health and productivity management more innovative and accessible for farmers. This collaboration between Areete and…
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Esewa Money Transfer Awards House to ‘Mero Digital Desh’ Champion Anjula Ghimire
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On May 6, in Nepal, Esewa Money Transfer formally presented a newly built home to Anjula Ghimire, who won the grand prize in their campaign called “Mero Digital Desh.” The ceremony included appearances from the firm’s spokesperson, top executives, and staff members. On November 28, 2024, Ghimire was named the prize winner during a…
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US Firm Poised for Takeover of Newry Tech Company
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The verge of acquisition for FD Technologies, the tech company based in Newry, looms large as a U.S.-based enterprise prepares to take control. The company’s board of directors mentioned they have been approached by TA Associates, a private equity firm based in Boston, with several offers. The latest proposal was at £24.50 per share,…
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Hong Kong’s Channel C Freezes Bank Accounts: Here’s How Patrons Can Get Refunds
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Channel C, a local media organization, has reported being unable to access its bank account and has proposed a refund procedure for its paying subscribers. “As our firm’s financial accounts have been seized, we are currently attempting to engage with law enforcement and are hopeful that the accounts will be released,” stated the independent…
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Renaissance Halts Pipeline After Oil Spill Incident in Rivers
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Mkpoikana Udoma Port Harcourt — Renaissance Africa Energy Company Limited, which now operates facilities previously managed by Shell Petroleum Development Company (SPDC), has verified an oil leak from its 14-inch Okordia–Rumuekpe pipeline located in Ikata within the Ahoada East Local Government Area of Rivers State. The firm stated that they have halted production in…
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Colab Platforms Sets May 21 as Record Date for Major 1:2 Stock Split
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PNN Mumbai (Maharashtra) [India], May 7: Board of Directors of Colab Platforms Limited (BSE: 542866), a rising star in the nation’s sports-tech industry, has set and resolved Wednesday, May 21, 2025, as the date. Record Date To determine the eligibility of shareholders for the 1:2 stock split (division of equity shares) of the company,…
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Minister of Communications praises ShaQ Express, hails local innovation during visit
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The Minister for Communications, Digital Technology, and Innovation, Samuel Nartey George, has carried out a thorough familiarization tour at the premises of ShaQ Express in Accra. The logistics firm, established in Ghana amidst the COVID-19 outbreak, demonstrated its services such as electric delivery bikes along with custom-developed logistics software. These tools aid Ghana’s digital…