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fossil fuels

  • In the NewsOil & Gas

    TotalEnergies Abandons US Offshore Wind to Invest $1 Billion in Fossil Fuels

    by Oluwatosin Racheal Alabi March 24, 2026
    by Oluwatosin Racheal Alabi March 24, 2026

    KEY POINTS French energy company TotalEnergies and the United States government announced an agreement to redirect nearly $1 billion from offshore wind leases to domestic oil and natural gas projects. …

  • Energy TransitionIn the News

    Gas is the New Gold: How Africa Is Rebranding Fossil Fuels as a ‘Transition’ Weapon

    by Oluwatosin Racheal Alabi January 7, 2026
    by Oluwatosin Racheal Alabi January 7, 2026

    Natural gas is becoming more important politically and economically across Africa, not as a remnant of the fossil fuel era, but as a key part of the continent’s energy transition …

  • In the News

    Rising Interest Rates Cast Shadow Over Renewable Energy Boom

    by Victor Adetimilehin April 19, 2024
    by Victor Adetimilehin April 19, 2024

    Rising interest rates are casting a shadow over the booming renewable energy sector. Analysts warn that higher borrowing costs could slow the transition to clean energy sources, jeopardizing international climate …

  • In the News

    Fossil Fuel-Focused Africa Energy Bank Set to Launch This Year

    by Motoni Olodun March 28, 2024
    by Motoni Olodun March 28, 2024

    Plans are underway to launch a new Africa Energy Bank this year, signaling a strategic focus on fossil fuel investment across the continent. The initiative comes amid growing demand for …

  • In the News

    EU to Exit Energy Treaty After Reform Deal

    by Victor Adetimilehin March 3, 2024
    by Victor Adetimilehin March 3, 2024

    The European Union (EU) has reached a compromise to quit a controversial energy treaty that could hamper its climate goals. The EU will first support reforms to the treaty, which …

  • In the News

    Big Oil’s Record Returns Fail to Lure Back Investors

    by Victor Adetimilehin February 8, 2024
    by Victor Adetimilehin February 8, 2024

    Oil and gas giants are paying out more money than ever to shareholders, but that’s not enough to restore their appeal in a world shifting to cleaner energy sources. The …

  • 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

Petrobras Acquires 75% Stake in São Tomé’s Offshore Block 3, Strengthening Africa Push
South Africa Shifts Fuel Imports Away From Arabian Gulf Amid Hormuz Shipping Crisis

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Petrobras Acquires 75% Stake in São Tomé’s Offshore Block...
South Africa Shifts Fuel Imports Away From Arabian Gulf...
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