UK Allows New Oil and Gas Drilling in North Sea
Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.
Category : Search result: fossil fuel transition
Zegna CEO Steps Down After Two Decades
Italian fashion giant Ermenegildo Zegna announces leadership transition as Gildo Zegna hands CEO role to finance director. Stock falls amid changes.
COP30 ends with no fossil fuel phase-out deal
COP30 climate summit in Brazil concludes without a fossil fuel phase-out agreement, leaving vulnerable nations disheartened. African groups demand climate justice.
COP30 Delivers Climate Finance Boost, Skips Fossil Fuel Plan
COP30 concludes with $1.3 trillion annual climate finance target by 2035 but fails to adopt fossil fuel transition roadmap. Key outcomes include adaptation funding tripling and just transition mechanism.
COP30: $1.3 Trillion Climate Finance Deal Reached
COP30 concludes with historic $1.3 trillion annual climate finance commitment by 2035, but fails to deliver fossil fuels transition roadmap. Key outcomes for Nigeria analyzed.
COP30 Climate Deal Reactions: Global Response
Global leaders react to COP30 climate agreement in Brazil. Mixed responses emerge as deal faces praise and criticism. Key outcomes and future implications analyzed.
COP30 Climate Summit Results: What Nations Agreed
COP30 climate summit in Belem concluded with agreements on fossil fuels, adaptation finance, and methane emissions. Learn about the global climate progress made.
COP30 Ends with Watered-Down Climate Deal
UN climate summit in Brazil concludes with diluted agreement on fossil fuels. EU accepts voluntary measures as developing nations demand more climate finance. Read the full analysis.
COP30 Deal Threatened as Nations Clash Over Fossil Fuels
UN climate talks in Brazil risk ending without agreement as oil-producing nations block fossil fuel phase-out roadmap. EU warns of potential no-deal scenario.
COP30 Fossil Fuel Showdown After Dramatic Fire
UN climate talks in Brazil reach final day with countries split on fossil fuels after venue fire forced evacuation. Nigeria among nations rejecting phase-out roadmap.
COP30: Brazil Seeks Consensus on Fossil Fuel Phase-Down
At COP30 in Belém, Brazil's President Lula urges global climate action, fossil fuel reduction, and climate justice. World leaders must commit to emissions cuts now.
Niger Delta Demands Urgent Oil Spill Remediation
Stakeholders urge the Federal Government to immediately remediate Niger Delta oil spills, enabling a return to agriculture and economic diversification ahead of the global energy transition.
EU Bans 'Sustainable' Label for Fossil Fuels
The EU moves to stop fossil fuel investments from being labelled 'sustainable'. Learn how this new three-tier system aims to combat greenwashing and protect investors.
IPMAN Warns of Fuel Crisis Over NMDPRA Debt Delays
IPMAN alerts Nigeria of potential fuel disruption as NMDPRA delays debt payments for over 3 years. Association seeks FG intervention while praising NNPC settlement.
COP30: Urgent Call to Accelerate Paris Agreement
At COP30 in Brazil, UN and global leaders issue a stark warning: the Paris Agreement is lagging behind the climate crisis. They demand immediate, tangible action for a faster energy transition.
COP30 Draft Deal Lands as Lula Returns to Climate Talks
Brazil presents first draft climate agreement at COP30 as President Lula returns to push for deal. Key issues include climate finance, fossil fuels, and trade measures.
500 CNG Stations Coming for N380 Fuel in Nigeria
Federal Government plans 500 CNG refuelling stations nationwide to provide cheaper fuel at N380 per litre. Learn how this initiative will transform Nigeria's energy landscape.
Africa Receives Only 2.3% of $2.4trn Clean Energy Funds
Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.
Petrol Price Cut: NNPC Sells at N910 in Lagos
NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.
Dangote Denies Viral Bike Fuel Delivery Scheme
Dangote Petroleum Refinery has officially denied involvement in a viral fuel delivery video. The company clarifies it has no bike delivery service for individual consumers. Read full details.
Nigeria Plans 500 CNG Stations via Gas Fund
Federal Government confirms 500 CNG stations will be built across Nigeria using MDGIF funds. Project aims to support one million CNG vehicles by 2027, reducing petrol dependence.
Russia: World 'Will Suffer' Without Fossil Fuels
Russia's chief COP30 negotiator, Vladimir Uskov, insists the world still needs fossil fuels. He criticises Western nations for broken climate finance promises. Read the full story.
1,600+ Fossil Fuel Lobbyists at COP30 Climate Talks
A coalition of NGOs reports over 1,600 fossil fuel lobbyists at the UN's COP30 in the Amazon, the highest proportion ever recorded at climate talks. Discover the impact.
Oil CEO Spars with Activists at COP30 Climate Talks
TotalEnergies CEO Patrick Pouyanne defended his presence at UN climate talks in Brazil, sparring with Greenpeace over fossil fuels' role in extreme weather while questioning phase-out plans.
FG Suspends 15% Import Duty on Petrol and Diesel
NMDPRA guarantees sufficient petroleum products during festive season, advises against panic buying as depots announce new prices. Stay informed on Nigeria's energy security.
Fossil Fuel Fight Intensifies at UN Climate Summit COP30
Dozens of nations push for fossil fuel phaseout roadmap at COP30 in Brazil, facing stiff opposition from oil powers. Will global climate action accelerate? Read more.
Private Depots Slash Fuel Prices Below Dangote Rates
Nigerian private depot owners engage in price war with Dangote Refinery, reducing diesel to N940/litre and petrol prices across major depots. Market competition intensifies.
FG Suspends 15% Fuel Import Duty, Price Crash Looms
The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.
Nigeria suspends 15% import tax on fuel
Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.
Global CO2 Emissions to Reach New Record in 2025
New research reveals fossil fuel emissions will hit record levels in 2025, making 1.5°C warming limit 'impossible'. Learn what this means for climate action.
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