Philippines, US, and Japan to Enhance Maritime Defense Capabilities Security officials from the three countries conveyed their concerns regarding China’s recent actions in the West Philippine Sea, describing them as “dangerous and unlawful.” The Philippines, the United States, and Japan have pledged to enhance trilateral defense and security efforts to “maintain a free and open…
Aid to Africa is Still Not the Answer – NJ AYUK As Conference of the Parties (COP28) Wraps Up, NJ Ayuk, the founder and chief executive officer of the Centurion Law Group, a Pan-African law firm that operates in the energy, financial, and extractive sectors has posited that Aid to Africa is far from the…
2023 E-Waste Dialogue: ITREALMS, EPRON, EL-AS Tech, WEE-Eco, Collaborate On Small E-Waste Collection To consolidate on the 2023 ITREALMS E-Waste Dialogue, the management of ITREALMS Media is partnering E-waste Producer Responsibility Organization of Nigeria (EPRON) membership organisations for a day-long collection scheme of small electronic waste on Friday, December 15, 2023. The EPRON members aligning…
PENGASSAN Demands Unbundling of Nigeria’s Electricity Grid The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the federal government to unbundle the country’s electricity national grid. The association believes that unbundling the national grid will encourage private sector investments in the sector, leading to improvements in power supply across the…
Cenovus Energy Anticipates Increased US Refinery Output in 2024 Cenovus Energy anticipates increased production from its U.S. refineries in 2024 as the Canadian company’s two refineries have resumed operating at full capacity. Cenovus has faced production challenges following a fatal fire at its refinery in Toledo, Ohio, last year and an explosion at the refinery…
Oil Prices Climb as Dollar Weakens and IEA Upgrades Demand Outlook Oil prices experienced an increase on Thursday, building on the gains from the previous session. This upward momentum was attributed to a weaker dollar and a boost from the International Energy Agency (IEA), which raised its oil demand forecast for the next year. Brent…
U.S. Gas Producer EQT Explores Sale of $3 Billion Worth of Assets EQT, a US-based natural gas production company, is reportedly contemplating divesting minority stakes in oil and gas assets in Pennsylvania to raise more than $3 billion. Sources familiar with the matter informed Reuters that EQT is collaborating with an undisclosed investment bank to…
Why Big Oil Isn’t Losing Sleep Over the New Climate Deal The COP28 climate summit in Dubai recently concluded with a landmark deal calling for a transition away from fossil fuels. While some countries, including the United States, applauded this as the firmest-ever commitment to moving away from energy sources responsible for significant planet-heating emissions,…
Navigating the Challenges of Mediterranean Security- SHADE MED 2023 EUNAVFOR MED and MARCOM jointly organized the SHADE MED conference, held between December 6 and 7 in Rome, with a focus on discussing Mediterranean maritime security. In its 12th edition, this year’s conference addressed the theme, underscoring the ongoing commitment to addressing and navigating the complex…
Nigeria Among Eight Gulf of Guinea Countries Confronting Piracy Challenges Nigeria is one of the eight countries situated in the Gulf of Guinea (GoG), along with Benin, Côte d’Ivoire, Ghana, Guinea, Liberia, Sierra Leone, and Togo. The Gulf of Guinea encompasses the northeastern part of the tropical Atlantic Ocean, extending from Cape Lopez in Gabon…
