December 7, 2023
Suit 25, Mangal Plaza, Nouakchott Street, Wuse Zone 1, Abuja- Nigeria.
OIL & GAS

Venezuela to Permit Oil Exploration in Disputed Territory, Sparks International Tensions

Venezuelan President Nicolas Maduro’s declaration on Tuesday, authorizing oil exploration in a disputed region with Guyana, has escalated tensions on the international stage.

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OIL & GAS

Nigeria’s Oil Company Heats Two Deals at COP28

NNPCL has announced that it has entered into two gas agreements during the COP28 event. The two agreements are: afloating liquefied natural gas

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ELECTRICITY RENEWABLE ENERGY

COP28: U.S. Unveils Ambitious Plan to Boost Fusion Energy Worldwide

U.S. special climate envoy John Kerry announced on Tuesday a groundbreaking international initiative aimed at advancing nuclear fusion technology as a crucial weapon

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OIL & GAS

Nigeria Considers Revoking Unused Oil Exploration Leases

Nigeria’s oil regulator, the Nigerian Upstream Petroleum and Regulatory Commission (NUPRC), is contemplating the revocation of unused oil exploration leases granted to companies

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OIL & GAS

Russia’s November Seaborne Diesel Exports Rise as Ban Lifted

Seaborne diesel and gasoil exports from Russian ports surged by 8.5% in November compared to the previous month, reaching approximately 2.8 million metric

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OIL & GAS

U.S. Unveils Plan to Curb Methane Emissions in Oil and Gas Industry

The Biden administration has announced final rules targeting methane emissions from the U.S. oil and gas industry as part of a broader global

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OIL & GAS

Brazil Set to Join OPEC+ in January

Brazil is expected to join the OPEC+ group of oil-producing countries in January, according to the CEO of Petrobras (Brazil’s state-run oil firm).

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OIL & GAS RENEWABLE ENERGY

COP28: Philanthropies Commit $450 Million to Tackle Methane Emissions

A group of philanthropies, including the Bezos Earth Fund, Bloomberg Philanthropies, and the Sequoia Climate Foundation, announced a collective investment of $450 million

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OIL & GAS RENEWABLE ENERGY

Cambodia Shifts from Coal to Gas with Abandonment of $1.5 Billion Power Project

Cambodia has decided to abandon its $1.5 billion 700-megawatt coal-fired power project in a protected reserve along the southwestern coast. Instead, the country

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ELECTRICITY

European Power Transmission Companies Make Permanent Connection with Ukraine’s Network

European power transmission companies have agreed to establish a permanent interconnection with Ukraine’s power network, a move welcomed by Kyiv for enhancing sustainability

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