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COP28

  • AnalysisIn the News

    IEA Says Massive Investment Needed to Hit Global Renewable Energy Targets

    by Ikeoluwa Juliana Ogungbangbe September 25, 2024
    by Ikeoluwa Juliana Ogungbangbe September 25, 2024

    KEY POINTS The global goal to triple renewable energy capacity by the end of the decade is still attainable, but substantial investments in power grids and energy storage are required, …

  • In the News

    Oil Prices Tumble as Demand Slumps and Supply Surges

    by Victor Adetimilehin December 13, 2023
    by Victor Adetimilehin December 13, 2023

    Oil prices plunged to their lowest levels in six months on Tuesday, as investors worried about the outlook for the global energy market. The Brent crude oil price, the international …

  • In the News

    US Buys Oil to Boost Reserves as Prices Plunge

    by Victor Adetimilehin December 11, 2023
    by Victor Adetimilehin December 11, 2023

    Oil prices remained steady on Monday as the United States announced plans to buy up to 3 million barrels of crude for its Strategic Petroleum Reserve (SPR) in March 2024. …

  • In the News

    UN Climate Chief Demands Action to Break COP28 Deadlock in Dubai

    by Adenike Adeodun December 11, 2023
    by Adenike Adeodun December 11, 2023

    As COP28 nears its deadline, the UN climate chief calls for an end to obstruction in crucial talks on fossil fuel phase-out and climate finance

  • In the News

    NUPRC Launches New Energy Framework at COP28

    by Oluwatosin Racheal Alabi December 5, 2023
    by Oluwatosin Racheal Alabi December 5, 2023

    NUPRC sets a new course for energy transition and decarbonisation in Nigeria, revealed at COP28.

  • Energy TransitionIn the News

    Over $175-Million Pledged for Africa’s Climate-Aligned Infrastructure at COP28

    by Adenike Adeodun December 5, 2023
    by Adenike Adeodun December 5, 2023

    Global and African partners pledge over $175 million at COP28 for sustainable, climate-aligned infrastructure development across Africa.

  • Energy Transition

    African Nations Unite for Revolutionary Energy Leap: The BESS Consortium

    by Motoni Olodun December 4, 2023
    by Motoni Olodun December 4, 2023

    In a groundbreaking move, several African nations have expressed their intent to join the Battery Energy Storage Systems (BESS) Consortium. This initiative, launched at COP28, promises to revolutionize Africa’s energy …

  • Energy Transition

    How South Africa’s Coal Exit Deal Could Inspire Other Nations

    by Victor Adetimilehin December 1, 2023
    by Victor Adetimilehin December 1, 2023

    Environment Minister Barbara Creecy urges developing nations to make sure energy security and jobs are prioritized in any arrangement

  • Energy Transition

    Coal Power: A Necessary Evil for South Africa’s Energy Crisis?

    by Motoni Olodun December 1, 2023
    by Motoni Olodun December 1, 2023

    South Africa is facing a severe energy crisis as the state-owned utility Eskom struggles to keep up with the demand for electricity. The country has been plagued by frequent and …

  • Energy TransitionIn the News

    African Scientists and Youth Urge Leaders to Reject Fossil Fuels at COP28

    by Motoni Olodun November 28, 2023
    by Motoni Olodun November 28, 2023

    A group of nearly 50 scientists and over 2000 youth from 30 African countries have written an open letter to African heads of state and governments, urging them to reject …

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Nigeria’s Oil Boom: Record Production in September 2023

OMV Strikes New Oil in Libya’s Sirte Basin, Testing Over 4,200 Barrels a Day
Eskom Begins Smart Meter Rollout in KwaZulu-Natal to Curb Load Reduction and Modernise Grid

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OMV Strikes New Oil in Libya’s Sirte Basin, Testing...
Eskom Begins Smart Meter Rollout in KwaZulu-Natal to Curb...
Bonny Light Holds at $66 as Optimism Builds Over...

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