The IEA highlights the importance of the next round of NDCs in reaching the goal of tripling global renewable energy capacity by 2030 and urges bold policy action.
In the News
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OPEC has raised its long-term oil demand forecast, predicting that global demand will reach 120.1 million barrels per day by 2050, driven by growth in developing economies.
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Nigeria’s transition to electric vehicles offers a chance for economic growth, reduced emissions, and infrastructure development. Clear policies and local production are essential.
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The IEA stresses that the next round of NDCs will be crucial for tripling global renewable energy capacity by 2030, urging governments to boost commitments and investments.
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Nigeria’s REA will deliver 100MW of solar power to 24 universities, boosting education with reliable clean energy and sustainable long-term plans
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U.S. oil producers are evacuating workers from Gulf of Mexico platforms and shutting down operations as Hurricane Helene approaches, bringing threats of severe winds and storm surges to the region
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NOSDRA plans to enhance oil spill regulations, collaborating with CNA to implement global safety standards and improve regional oil spill response efforts
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Sasol and Eskom signed an MoU to explore LNG imports to replace declining gas supplies from Mozambique by 2027, with plans to anchor demand via gas-to-power generation.
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Climate activists are increasing pressure on oil sands companies to be more transparent about emissions, as silence threatens climate change goals.
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Oil prices edged up on Monday, supported by geopolitical concerns in the Middle East and the U.S. Federal Reserve’s recent interest rate cut, which is expected to boost economic activity …