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In the News

  • In the News

    V&A Waterfront Aims for 70% Green Electricity by 2026

    by Motoni Olodun June 19, 2024
    by Motoni Olodun June 19, 2024

    The V&A Waterfront in Cape Town has signed a deal to boost its green electricity usage to 70% by 2026, marking a significant step in its sustainability efforts.

  • In the News

    Biden Boosts Clean Energy Jobs with New Subsidy Rules

    by Victor Adetimilehin June 19, 2024
    by Victor Adetimilehin June 19, 2024

    New rules unveiled by the Biden administration aim to enhance wages in the clean energy sector, ensuring they are competitive with traditional energy industries, thereby promoting economic growth and environmental …

  • In the News

    Oil Prices Surge Amid Escalating Global Tensions

    by Victor Adetimilehin June 19, 2024
    by Victor Adetimilehin June 19, 2024

    Amid escalating geopolitical tensions, oil prices surged due to concerns over potential disruptions in global oil supply chains, affecting market stability and price dynamics.

  • In the News

    Russia Offers Floating Nuclear Plants to Solve Africa’s Energy Crisis

    by Adenike Adeodun June 18, 2024
    by Adenike Adeodun June 18, 2024

    Russia proposes floating nuclear plants to African nations, aiming to solve energy challenges and support sustainable development across the continent.

  • In the News

    G7 Endorses Gas Investment to Enhance Nigeria’s Energy Security

    by Motoni Olodun June 18, 2024
    by Motoni Olodun June 18, 2024

    The G7 nations have pledged support for gas investments in Nigeria, aiming to enhance the country’s energy security and promote sustainable growth.

  • In the News

    Exxon Lawsuit Dismissed After Activist Investors Agree to Drop Climate Proposal

    by Victor Adetimilehin June 18, 2024
    by Victor Adetimilehin June 18, 2024

    A Texas judge dismissed a lawsuit by Exxon Mobil against activist investor Arjuna Capital after the group agreed to withdraw a proposal on greenhouse gas emissions. The dismissal raises concerns …

  • In the News

    States Sue to Block Biden’s Oil Well Cleanup Rule

    by Victor Adetimilehin June 18, 2024
    by Victor Adetimilehin June 18, 2024

    Texas, Louisiana, and Mississippi challenge a federal rule demanding $7 billion in cleanup guarantees from oil companies, arguing it could devastate smaller operators.

  • In the News

    Eskom’s New Strategy Tackles Loadshedding, Focuses on Unbundling Process

    by Adenike Adeodun June 17, 2024
    by Adenike Adeodun June 17, 2024

    Eskom’s new strategy addresses loadshedding and focuses on unbundling, with CEO Marokane outlining operational recovery and future goals.

  • In the News

    Nigeria Losing 400,000 Barrels of Crude Oil Daily: Nextier

    by Motoni Olodun June 17, 2024
    by Motoni Olodun June 17, 2024

    Nigeria is losing 400,000 barrels of crude oil daily due to theft and vandalism, significantly impacting the economy. A Nextier report calls for enhanced security measures and community engagement to …

  • In the News

    British Green Energy Exports Face Hurdle From EU Carbon Tax

    by Victor Adetimilehin June 17, 2024
    by Victor Adetimilehin June 17, 2024

    British wind and solar farms could face unexpected charges when exporting clean power to continental Europe under the European Union’s new carbon border tax plan. This has sparked concerns within …

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Nigeria’s Oil Boom: Record Production in September 2023

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Shell Suspends $3bn Share Buyback Ahead of $16.4bn ARC...
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