Cheniere Sags on Surprise $3.5 Billion Loss on Derivatives
Cheniere Energy Inc. plunged almost 10% after posting a surprise $3.5 billion loss driven by a drop in the value of hedges as the Iran war upended natural gas markets.
Political news and analysis
Cheniere Energy Inc. plunged almost 10% after posting a surprise $3.5 billion loss driven by a drop in the value of hedges as the Iran war upended natural gas markets.

An energy expert and accountability advocate, Tekeme Umukoro has demanded accountability from Nigerian National Petroleum Company Limited over funds spent on the turnaround maintenance of Port Harcourt, Warri, and Kaduna refineries. He made this known in a statement on Thursday. This comes as NNPCL recently announced a memorandum of understanding with Chinese firms to restart […] ‘NNPCL must account for $3.5bn wasted refinery funds before restart jamboree’ – Umokoro

Former lawmaker Nicholas Ossai endorses APC direct primaries for 2027, calling it true participatory democracy while submitting his nomination form. Read More: https://punchng.com/2027ex-lawmaker-backs-direct-primaries-submits-apc-nomination-form/
The European Central Bank will have to raise interest rates if the Iran war leaves a more lasting mark on inflation, according to Executive Board member Isabel Schnabel.

Betty Akeredolu, widow of late Ondo Gov. Rotimi Akeredolu, has purchased Labour Party forms to contest the Imo East Senate seat in the 2027 elections. Read More: https://punchng.com/betty-akeredolu-buys-lp-senate-forms-targets-imo-east-seat/
Controversial streamer Carter Efe has publicly challenged Grammy-winning singer Wizkid to a celebrity boxing match following his recent claim to a Nigerian celebrity boxing title.
Deferred maintenance across Nigeria’s residential and commercial buildings is costing property owners billions of naira annually, according to Alpha Mead Group, which warned that the common habit of postponing repairs is quietly eroding asset value and increasing long-term costs.

NASSCO reveals over 12.3 million Nigerians are now linked to the National Social Register via NIN, enhancing transparency in social intervention programs. Read More: https://punchng.com/12-3-million-nigerians-linked-to-social-register-through-nin-says-nassco/

Fresh defections rocked the House with the ADC and NDC emerging as key destinations for defecting members. The post El-Rufai, three lawmakers dump parties for ADC, NDC appeared first on Premium Times Nigeria.
By Nefishetu Yakubu The Senate on Thursday rescinded the earlier amendments to Orders 2(2) and 3(1) of the Senate Standing Orders 2023 (as amended), retaining previous rules after the emergence of constitutional concerns. However, the revision was accompanied by warning to Sen. Adams Oshiomhole who had fiercely opposed the amendment during the plenary on Wednesday. […]

Fresh defections hit the House of Representatives on Thursday as five lawmakers dumped the All Progressives Congress and the Peoples Democratic Party for the Nigeria Democratic Congress and the African Democratic Congress amid growing political realignments ahead of the 2027 general elections. Among the defectors was the son of former Kaduna State Governor, Nasir Read More: https://punchng.com/el-rufais-son-four-others-dump-apc-pdp-for-adc-ndc-in-reps/
Former South Carolina quarterback Stephen Garcia announced on social media that he has been diagnosed with Stage 4 colorectal cancer.