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…
COP28
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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.…
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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
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NUPRC sets a new course for energy transition and decarbonisation in Nigeria, revealed at COP28.
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Energy TransitionIn the News
Over $175-Million Pledged for Africa’s Climate-Aligned Infrastructure at COP28
Global and African partners pledge over $175 million at COP28 for sustainable, climate-aligned infrastructure development across Africa.
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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…
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Environment Minister Barbara Creecy urges developing nations to make sure energy security and jobs are prioritized in any arrangement
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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…
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Energy TransitionIn the News
African Scientists and Youth Urge Leaders to Reject Fossil Fuels at COP28
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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Uganda is set to reveal its energy transition plan at the upcoming 28th United Nations Climate Change Conference (COP28) in the United Arab Emirates. The ambitious strategy aims for carbon…