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COP28: Industrial economies agree, oil factors decide
Sopuruchi Onwuka Whereas the nations that currently rely on petroleum income make vain efforts to assert the resilience of petroleum demand in the prevailing energy transition saga, industrialized nations of the world pushing climate agenda are also determined to migrate…
Singapore $73 bn to protect every ‘inch of land’ from water
Sopuruchi Onwuka, with agency report One of Asia’s industrial economies, Singapore, is working to save every inch of its land territories from rising sea level amidst rising concerns about climate change and extreme weather which are blamed for flooding of…
Oando is ahead of Africa’s ESG curve
Nigeria’s leading indigenous energy solutions provider, Oando, has been confirmed the leader in Africa’s efforts to conform to new global environmental and sustainability standards through its innovative investments in business portfolios that wipe off its operational footprints on the environment….
FG should provide environment for energy diversification investments __Falcon MD
Sopuruchi Onwuka Managing Director of Falcon Corporation, Mr Audrey Joe-Ezigbo, has added a strident voice to the resonating pan-industry demand for enhanced fiscal regimes, operating terms and infrastructural environment to enable the country position strongly in the unfolding energy transition….
Fossil still accounts for 80 percent of global energy mix __Eni
Sopuruchi Onwuka Despite the global hype for energy transition, indications are rife that coal, oil and gas will continue to dominate the global energy demand in the foreseeable future even as new and greener energy forms continue in slow growth…
Africa Climate Summit unveils renewable powerhouse
Sopuruchi Onwuka, with agency reports Delegates at the first African Climate Change Summit in Nairobi, Kenya, have been told to stop bickering over the cause and cost of climate change impact on the continent and concentrate on capturing the new…
NLNG restates commitment to community-driven development in host communities
Nigeria LNG Limited (NLNG) has restated its committent to the Global Memoranda of Understanding (GMoU), signed with its host communities in 2021, to drive community-initiated sustainable development. The Company stated this on Tuesday at the commissioning of projects by the…
NSML launches initiative against marine pollution
Sopuruchi Onwuka Indigenous shipping and maritime services provider, the NLNG Shipping and Marine Services Limited (NSML), has launched off a campaign to mobilize mass action against pollution of the nation’s aquatic resources. The company which launched its Clean Water Initiative…
El Niño: Scientists sound alert on global heat wave
Sopuruchi Onwuka, with agency reports In the next six to nine months, the global heat level is expected to soar following the formation of high sea temperature in a phenomenon described by scientists as the El Niño conditions. The Oracle…
Shell battles another oil spill mess
Sopuruchi Onwuka Shell Petroleum Development Company (SPDC) Nigeria Limited is back to arguments over its liability to environmental remediation related to massive oil spill affecting farm lands, fresh water and fishes in the operating environment. First hand reports hold that…
