Global gas flaring drops to lowest level since 2010, says World Bank
The global gas flaring in the oil and gas industry has fallen to the lowest level since 2010, the World Bank has said. The World Bank, which disclosed this on…
Sustainable industrialization: ECA wants African countries to focus on green mineral value chains
To meet the goals of the Paris Climate Agreement, the Sustainable Development Goals (SDGs) and Africa’s Agenda 2063, the world must decarbonize its growth models and shift to renewable energy…
Extractive360 to host stakeholders’ on energy transition in Nigeria’s oil-rich communities
MEDIATRACNET A community workshops and Town hall meetings to sensitise and educate community members in Nigeria’s Niger Delta region on the country’s Energy Transition Plans (ETP) is being planned for…
Gas flares commercialisation: NUPRC invites 139 prospective investors to bidders’ conference, investors’ forum
By Bassey Udo To promote the national objectives under the Nigerian Gas Flare Commercialisation Programme (NGFCP), 139 successful applicants pre-qualified to invest in the country’s gas sector will participate in…
Energy Transition: Nigeria ready to partner Spain to boost gas supply to Europe, says Sylva
By Bassey Udo Nigeria and Spain on Thursday expressed commitment to deepen their existing bilateral partnership to ensure the country’s abundant gas reserves were exploited and supplied to Europe, Minister…
Sahara Group unveils ‘Responsibly Sahara’ initiative to enhance sustainability
MEDIATRACNET Energy and infrastructure firm, Sahara Group says the “Responsibly Sahara” initiative would enhance its sustainability footprints across Africa, Asia, Europe, and the Middle East. Giving details about the initiative,…
N89trn stamp duty recovery controversy misleading; not about CBN, says spokesperson
By Bassey Udo The lingering controversy over alleged missing N89 trillion Stamp duty recovery has absolutely nothing to do with the Central Bank of Nigeria (CBN), its spokesperson, Osita Nwanisobi,…
Climate-smart development, an imperative for Africa
MEDIATRACNET African countries must cooperate in an effort to promote climate-smart development to accelerate the continent’s economic transformation, participants in the 17th annual African Economic Conference (AEC2022) said on Wednesday.…
Energy transition: New report seeks alternative livelihoods for communities ravaged by oil, gas extractive activities
By Bassey Udo Amid the global quest for energy transition away from fossil fuels to renewables, a new report by environmental right activists demands for the creation of alternative livelihoods…
Why Nigeria’s debt is growing faster than its plan, says Finance Minister
By Bassey Udo Nigeria public debt profile is growing exponentially against the country’s plans because of the impact of several global events beyond the country’s control, the Minister of Finance,…