Category : Search result: global energy transition


Africa's $90B Debt Crisis Blocks Climate Action

African countries spent $90B on debt servicing in 2024 while climate finance falls short. G20 summit must deliver debt relief to unlock Africa's green transition and global climate security.

Akume: Africa Must Lead Tech Energy Revolution

SGF George Akume urges African leaders to embrace emerging technologies for energy transformation. Nigeria positioning as competitive energy economy through Tinubu's reforms.

OPEC+ 2025 Oil Output Policy: A Review

OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.

MMC 7.0: Energy Leaders Converge in Lagos

Top African energy executives gather at MMC 7.0 in Lagos to discuss sustainable energy's role in powering Africa's industrial revolution and equitable trade. Join the conversation December 4-5, 2025.

AfDB approves $500m loan for Nigeria's budget

African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.

New 30,000 bpd Modular Refinery Launches in Delta

The Federal Government has endorsed a new 30,000-barrel-per-day modular refinery in Koko, Delta State. This project by Ebenco Global is set to create jobs and reduce Nigeria's reliance on imported fuel.

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.

30,000-BPD Modular Refinery Inspected in Delta

Minister Lokpobiri inspected Ebenco's 30,000-barrel modular refinery in Koko, Delta, boosting Nigeria's energy security and creating jobs. Read more about this landmark project.

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.

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.

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.

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.

Ukraine-Greece Energy Deal Boosts US LNG Imports

Ukraine secures vital US LNG imports through Greece's Trans-Balkan pipeline as EU plans Russian gas ban by 2027. Zelensky announces January deliveries amid ongoing energy security challenges.

Nigeria-UAE Digital Education Partnership Signed

Nigeria partners with UAE Digital School to expand digital learning for millions of young Nigerians. The agreement signed in Dubai aims to equip youth with vital skills for the global digital economy.

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.

Banjo's Book Explores Cultural Diplomacy Power

Discover how Professor Adewale Banjo's groundbreaking book 'How Cultural Diplomacy Works' transforms global relations through cultural exchange. Learn why culture matters in diplomacy today!

Lagos SMEs Adopt Solar with New Financing

Lagos stakeholders are creating new financing pathways to help small businesses switch from diesel to solar power. This initiative aims to cut energy costs and boost productivity for Nigerian SMEs.

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