ENVIRONMENT

Sub-Saharan African countries will have to take on almost $1 trillion in debt over the next 10 years unless wealthy countries provide adequate finance to address the climate crisis, according to a new report published on Monday, October 17, 2022, by Debt Justice and Climate Action Network International. This will amount to a 50% increase on current debt levels as ...

As the fossil fuel industry meets this week in Cape Town, South Africa, on the occasion of the Africa Energy Week, the plan is a new push to scale up fossil fuels for “geopolitical leverage”, initiate a “new era” of fossil fuel discoveries, expand into Africa’s “least explored frontiers”, increase their profits through “enhanced oil recovery techniques” (i.e., fracking), redraw ...

Elder statesman and Ijaw Leader, Chief Edwin Clark has called on the Federal Government to institute a judicial inquiry to investigate oil theft in the country. Clark, who made the call while addressing a news conference on Monday in Abuja, described oil theft as criminal act. He said that the investigation to the matter must be full, open and comprehensive ...

… Gas monetization, ending flares, others top agenda Seplat Energy Plc, says that its energy transition priorities remain to end flaring, monetise gas, displace diesel and biomass with cleaner fuel, extend along power value chain and target smaller scale gas-to-power customers. Roger Brown, Seplat Energy CEO said this while addressing global energy players at the Africa Energy Week (AOW) happening ...

The International Monetary Fund has warned that Nigeria and other emerging economies must cut greenhouse gas emissions by at least a quarter before the end of this decade to achieve carbon neutrality by 2050. It stated that the progress needed toward such a major shift would inevitably impose short-term economic costs, though these were dwarfed by the innumerable long-term benefits ...

The Minister of Interior, Ogbeni Rauf Aregbesola, says recurring oil theft and pipeline vandalism have negatively impacted on Nigeria’s economy and environment He said it was binding on well meaning Nigerians to protect the nation’s Critical Assets and Infrastructure. “It is now a national duty if not an emergency, because it is impacting so badly on our revenue and economy,” ...

The National Oil Spills Detection and Response Agency (NOSDRA) has, confirmed the fire explosions at an oil field operated by Eroton Exploration and Production Limited in Akuku Toru Local Government Area of Rivers State. The agency confirmed that the fire incident happened at two oil wells operated by Eroton Exploration and Production Limited (EEPL). Director-General of NOSDRA, Mr Idris Musa, ...

The group executive director, upstream of the Nigerian National Petroleum Company Ltd, Adokiye Tombomieye, has said that the aggressive move towards a carbon-zero emission will boost the ability of indigenous oil and gas firms to attract funding for their multi-billion-dollar gas projects. The NNPCL chief maintained that rather than the current export orientation in the oil and gas industry, the ...

The Shell Petroleum Development Company (SPDC) has said that the reported oil spill from its flow station at Diebu was from residual spill traced to old, sabotaged facility. The Peremabiri Community had on Aug. 24, 2022, reported that the leakhead polluted the environment, causing untold hardship to the fishing settlements. The Media Relations Manager of SPDC, Mrs Bola Essien-Nelson, however, ...

The Executive Director of Pan African Climate Justice Alliance (PACJA), Mithika Mwenda, a climate campaigner has denounce John Kerry’ s Statements Over Africa on Climatic Change The campaigners under the umbrella of PACJA said that president Joe Biden’s Special Climate Envoy, John Kerry, lacks comprehension of the magnitude climate change portends on the African people. The campaignets were responding to ...