COP28: How electric vehicles are accelerating the end of the oil age
December 6, 2023 There is plenty of hand-wringing on display at the COP28 climate conference in Dubai about the slow pace of reducing the consumption of fossil fuels to fight…
FG approves sale of NAF Falcon 900B aircraft, calls for bidders
December 5, 2023 The Federal Government has approved the sale of Falcon 900B aircraft owned by the Nigerian Air Force (NAF). NAF disclosed this in a message on X, Monday…
Phasing out fossil fuels among options on table for COP28 climate talks
December 5, 2023 Countries at the COP28 climate conference are considering calling for a formal phase-out of fossil fuels as part of the U.N. summit’s final deal to fight global…
Oil prices rise on uncertainty over OPEC+ cuts and Middle East tensions
December 5, 2023 Oil prices jumped by nearly 1% on Tuesday, lifted by uncertainty over voluntary output cuts by the OPEC+ group of producers, tensions in the Middle East and…
COP28: FG sponsored 422 delegates- Information Minister Clarifies
Dec. 4, 2023 The Minister of Information and National Orientation, Alhaji Mohammed Idris, said the Federal Government sponsored 422 delegates to the ongoing COP28 in Dubai, not 1,411. Idris made…
NUPRC considers revoking unused exploration leases
December 4, 2023 The Nigerian Upstream Petroleum and Regulatory Commission (NUPRC) is considering revoking unused oil exploration leases that companies were granted but have not been able to carry out…
COP28: LASG SECURES FINANCING DEALS FOR TWO WASTE CONVERSION PROJECTS, ROLLS OUT STATE’s CLIMATE RESILIENCE PLAN
December 4, 2023 …Seeks long-term investments for 30 other sustainability projects …Signs trade agreement with Arabian Gulf Commerce Chamber Lagos State’s participation in the ongoing 28th session of Conference of…
NCC CEO, Maida, Pledges Support for Meta on Undersea Cable Initiative
Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has pledged the  Commission’s support to law-abiding investors like Meta, (formerly Facebook), which…
COP28: Kyari Makes Case for a Just Energy Transition for Africa
…Says Continent’s Peculiarities Must be Considered Towards Net-Zero Future  As conversations on finding sustainable solutions for a decarbonized energy future continue to hold globally, the Group Chief Executive…
Oil falls on demand fears and doubts over OPEC+ cuts
December 4, 2023 Oil prices extended declines on Monday, pressured by investor scepticism over the latest OPEC+ decision on supply cuts and uncertainty surrounding global fuel demand, though the risk…