The proposed 10 per cent United States tariff on oil imports could cost foreign producers $10 billion yearly and disrupt global trade flows, a report by Goldman Sachs has said. The post U.S. oil tariff may disrupt market, cost producers Read More
Nearly 20,000 endangered animals seized, 365 suspects arrested in global wildlife operation
Nearly 20,000 live animals, all endangered or protected species, have been seized in a global operation against wildlife and forestry trafficking networks in Nigeria and other countries, jointly coordinated by INTERPOL and the World Customs Organization (WCO). The post Nearly Read More
IRENA calls for urgent action as energy access dwindles
As access to electricity in Sub-Saharan Africa (SSA) faces a significant decline with over 83 per cent of people in the region now lacking electricity from 50 per cent in 2010, the International Renewable Energy Agency (IRENA) has said urgent Read More
Centre urges policies enforcement to achieve sustainable waste management
The Centre for Waste Management and Sustainable Resources (CWMRS), Federal University of Petroleum Resources (UPRE), Delta State, has called on governments to enforce policies that will enable the country to achieve sustainable waste management. The post Centre urges policies enforcement Read More
Tinubu unveils National Green House Gases Emission programme
President Bola Tinubu on Tuesday, unveiled National Green House Gases Emission Monitoring Programme, NGHGEMP, agenda with Netzence, towards a healthier and sustainable ecosystem for Nigerians. Speaking at the 2025 Environmental Health Excellency Awards Ceremony at the Banquet Hall of the Read More
Stakeholders lament decline in forest reserves, protected areas
Stakeholders have raised the alarm that the country’s biodiversity is in rapid decline due to land degradation, deforestation, climate change and fauna loss. The world is facing a biodiversity crisis unprecedented in scale resulting in a ‘mass extinction event’. The Read More
FG bans 60,000-litre petrol tankers as accidents claim 3,500 lives
Nigeria may face a tanker shortage as the Federal Government on Wednesday disclosed plans to ban 60,000- and 45,000-litre capacity trucks. While most tankers hauling petroleum products across the country are around 45,000 litres, the Nigerian Midstream and Downstream Petroleum Read More
NCDMB’s Ogbe urges local content harmonisation for oil and gas growth
Nigerian Content Development and Monitoring Board, NCDMB, has said lack of implementation of local content policies is hindering progress in the oil and gas sector. Executive Secretary of NCDMB, Engr Felix Ogbe, made this statement at the ongoing 9th edition Read More
‘Nigeria needs over $100b in non-associated gas fields to address electricity crisis’
We are currently building a 25MMscf/d City Gate Station within the zone and other ancillary gas distribution infrastructure including laying a 10” x 6.5km main gas pipeline from the NNPC Gas Infrastructure Company Limited (NGIC) facility to the zone. The Read More
Oil players mull local content as energy transition disrupts industry
Stakeholders at the ninth Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos, have emphasised the need for enhanced collaboration in local content development to drive industrialisation, economic growth, and sustainability in the region’s oil and gas sector. The post Read More