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Oil

10 Dec
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.
10 Dec
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.
6 Dec
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.
23 Nov
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.
11 Nov
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.
28 Oct
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?
19 Aug 2023
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.
27 May 2023
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.
23 Apr 2023
The oil and gas industry is playing an important role in the energy transition by providing the affordable and reliable energy needed to fuel fair growth and improved living conditions for all, producing this energy with decreasing emissions to support a net-zero world.

Latest

1 hour ago
Child traffickers often abduct girls and young women, take them to isolated locations and impregnate them. When they give birth, their babies are sold to childless couples. The practice has existed for years in Nigeria.
1 hour ago
Nigeria's government has banned single-use plastics. Local traders need low-cost alternatives.
1 day ago
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1 day ago
When Russia illegally annexed Crimea in 2014, many locals protested vehemently and were forced to flee. But some joined the Ukrainian army to fight for the liberation of the peninsula.
1 day ago
King Charles is reportedly hoping he will be able to make a return to public life this summer following his cancer diagnosis by attending the Trooping of the Colour in June.
1 day ago
A spokesperson for the military junta in Niger has accused a U.S. delegation of a "condescending attitude" as he announced that a military deal with the U.S. had been revoked.