Crude oil prices subside as traders bet that the worst is over in tensions between Iran and Israel, although fears remain. Meanwhile, investors charge into safe-haven assets like gold, and Chinese market regulators roll out new investor protections.

Faye Holder, who investigates oil companies' claims for global NGO Influence Map, told DW's Planet A that fossil fuel companies aren't changing at the rate needed to keep up with the world's transforming energy demands.

Fuel shortages, inflation and high levels of poverty have plagued Nigeria in recent years. The 77 Percent travels to Lagos, where Edith Kimani meets young Nigerians who tell her how they view Nigeria's economy and why people in the oil-rich nation are still struggling to make ends meet.

A non-binding referendum in Venezuela has shown overwhelming support for the government's claims to Essequibo, a large swathe of land controlled by neighbouring Guyana. The land dispute between the two countries is over a century old, but heated up back in 2015 with the discovery of oil fields off the coast of Essequibo.

The Co-founder and Chairman of Waltersmith Petroman Oil Limited, Abdulrazaq Isa says the future of Nigeria’s oil and gas is value addition. In a chat with CNBC Africa, he notes expansion of the capacity of modular refineries, fertilizer production and increased gas-to power projects are vital to harness the prospects ahead.

At COP28 in Dubai, German Chancellor Olaf Scholz called for a phase out of fossil fuels, the US announced $3 billion in new climate funding and France pushed for nuclear energy as a way to reduce emissions.

The Gulf countries are marching ahead with an ambitious domestic transition to renewable energy. But there is little chance they will stop exporting fossil fuels any time soon.

Fuel shortages, inflation and high levels of poverty have plagued Nigeria in recent years. The 77 Percent travels to Lagos, where Edith Kimani meets young Nigerians who tell her how they view Nigeria's economy and why people in the oil-rich nation are still struggling to make ends meet.

The term national cake is a familiar phrase for the average Nigerian often used in discussions about the nation's wealth. However, it is frequently associated with corruption amongst those managing the country's finances. So that brings us to the question, how does the government bake this so-called national cake? Does he just sit there waiting to be divided piece by piece?

Youth plaintiffs have won a rare victory against a US state government for promoting climate-killing fossil fuels. A tsunami of climate-related lawsuits are set to follow.

The IEA said renewable energy is expanding faster than many people realize, but it warned that investment in fossil fuels is not slowing fast enough to reach goals to slash emissions by 2050.