The National Economic Council of Nigeria has suspended the planned removal of fuel subsidies, saying there is a need for further consultation with stakeholders and the incoming ... Read more »
President-elect Bola Tinubu is prioritizing the revival of Nigeria's troubled oil industry, which has been a source of wealth but also a curse due to its negative environmental ... Read more »
The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the Orange Basin off Namibia's southern coast. Two major oil discoveries were made ... Read more »
JPMorgan Chase is the biggest fossil fuel financier in the world fueling climate chaos, according to the Rainforest Action Network's report titled Banking on C Read more »
The Federal Executive Council has approved a contract for an electronic cargo tracking device that will monitor all vessels entering and leaving Nigerian waters. Read more »
At least 14,000 Nigerian residents from the oil-producing Niger Delta region have filed a compensation claim against Shell, saying that oil spills resulting from the oil Read more »
Oil giant Total is the majority shareholder in Uganda's first major oil drilling programme, writes Charlotte Cosset and Juliet Pietri for
Climate activists in South Africa are protesting a refuelling stop by a Russian ship that they say is ignoring a ban on exploring oil and gas in Antarctica, Vicky Stark reports for ... Read more »
Oil giant Shell has agreed to pay U.S.$16 million to four Nigerian farmers and their communities to compensate for damage allegedly caused by pollution caused by leaks in its oil ... Read more »
The International Monetary Fund (IMF) has advised oil exporting countries in Africa to, as a matter of urgency, create fiscal buffers of between 5% and 10% of gross domestic ... Read more »
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