Nishati

Japan's largest oil refiner, Eneos Holdings, plans to expand its team for oil-derivative trading at overseas offices including Singapore. This initiative aims to boost its presence in major trading hubs amid high volatility in oil markets at the start of the year.

3 Mwezi wa pili, 2026 Imeripotiwa na AI

Japan has begun a five-week experiment to extract rare earth minerals from the deep seabed off Minamitorishima Island, aiming to reduce reliance on China for critical materials. The project, aboard the research vessel Chikyu, marks the first prolonged collection effort at such depths and highlights tensions between energy security and environmental risks. Officials hope it will support Japan's carbon neutrality goals by 2050 while bolstering industrial competitiveness.

Ownership of the oil-rich Eba Island has caused a rift between the governments of neighboring Ogun and Ondo states. Daily Trust reports that this dispute is tearing the two states apart.

1 Mwezi wa pili, 2026 Imeripotiwa na AI

Egypt is coordinating with Russian partners to accelerate the El Dabaa Nuclear Power Plant as part of a strategy for sustainable energy, Minister of Electricity and Renewable Energy Mahmoud Esmat said on Sunday. The nuclear project forms a key pillar of Egypt’s Vision 2030 to meet rising electricity demand and enhance energy security.

Chief of Staff Manuel Adorni assumed on Friday as YPF's titular director representing the State, forgoing the corresponding fees. He replaces Guillermo Francos, who remains in another directorial role without additional pay. The appointment includes the Golden Share, enabling state veto on strategic decisions.

31 Mwezi wa kwanza, 2026 Imeripotiwa na AI

Colombia's Finance Minister Germán Ávila announced that the gasoline price will decrease by $500 per gallon starting February 1, 2026. This reduction exceeds the initial projection of $300 and is part of an anti-inflationary strategy. The government plans further adjustments to ease household economics.