Are African nations capable of taking swift actions and orderly transitioning away from fossil fuels towards climate-neutral energy systems? Do they possess the financial capacity to drive the outcomes from COP 28?
G7 allies met Saturday for two days of "difficult" climate talks in northern Japan, facing pressure to show progress on key fossil fuel commitments in an example to other major economies including
Africa Energy Chamber (AEC) has asked multilateral financial institutions and other global financial bodies to immediately reverse the decision on halting funding for fossil fuels, stressing that the energy crisis has placed
Vice President, Yemi Osinbajo, the Organization of the Petroleum Exporting Countries (OPEC), Nigeria National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR)
Vice President, Yemi Osinbajo, the Organization of the Petroleum Exporting Countries (OPEC), Nigeria National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR)
Oil and gas experts, yesterday, reiterated concerns about Nigeria’s declining investment profile, poor fiscal environment and growing pressure to transit from fossil fuels.
The Federal Government has canvassed gradual adoption and implementation of the transitioning scheme for fossil fuels, especially for Africa’s developing economies with huge energy access gaps.