Africa
COP29 is in its final stretch with developed nations committing $250 billion by 2035 for climate action in the latest draft text, but that is far short of the $1.3 trillion sought, say critics.
The African Development Bank has launched a $56 million funding facility at COP29 to drive climate adaptation and mitigation projects across Africa’s low-income nations.
Ahead of COP29, African negotiators are pushing for $1.3 trillion annual climate finance, emphasising the establishment of a loss and damage fund.
Nigeria has licensed UTM Offshore to develop its first floating LNG facility, boosting production capacity to 2.8 million tonnes annually and tapping into flared gas.
Ghana's recently announced $12 billion petroleum hub project aims to transform its energy sector but environmental concerns are rife.
Oando’s $783 million acquisition of Nigeria Agip Oil Company (NAOC) marks a strategic leap in expanding its upstream operations and reinforcing its position in Nigeria's oil sector, but experts have raised health and environmental concerns.
A new Natural Resource Governance Institute (NRGI) report highlights Senegal's ambiguous renewable energy strategy and urges a clearer balance between ambitious gas-to-power projects and sustainable energy goals.
Nigeria must urgently address rising methane emissions from its oil and gas sector to meet its climate goals and reduce methane emissions, a report by the Nigerian Natural Resource Governance Institute (NRGI) has said.
The AfDB's $500 million loan will boost Nigeria's energy transition and expand access to clean energy sources, experts say.
TotalEnergies EP Nigeria is divesting its 10% stake in Nigeria’s SPDC to Chappal Energies for $860 million amid rising environmental concerns.
Nigeria Oil & Gas (NOG) Energy Week 2024 opens in Abuja later this month, at a time when questions are being asked about Nigeria’s LNG sector.
Nigeria's LNG expansion risks economic instability, stranded assets, and perpetuating fossil fuel dependency, according to a new report.
The European Union agreed at the summit to mobilise 400 million euros for clean cooking activities in Africa.
Gas flaring, routinely carried out by companies producing oil in Nigeria, poses a significant hazard to the health of those exposed to it, especially children.