Oil Industry

Oil and gas production narratives in Colombia and Nigeria after the Paris Agreement

By |2024-12-11T10:53:04+00:00December 11th, 2024|News, Oil & Gas|

Reaching global climate goals requires a fundamental transformation of energy systems that still rely heavily on burning fossil fuels. Scientists have calculated that to meet climate goals, fossil fuel production must decrease by roughly 6% each year from 2020 to 2030. However, the current plans and projections of governments do not match these climate targets:

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Group urges Tinubu, NASS to pay 13% derivation to oil and gas communities directly

By |2024-12-11T10:48:13+00:00December 11th, 2024|Oil & Gas|

A prominent Itsekiri and Niger Delta group, Association for the Promotion of Peace and Development in Itsekiri Oil and Gas Communities (APPDIOGCOM) has called on President Bola Tinubu and the National Assembly to do the needful by ensuring the payment of13 per cent percent derivation fund directly to oil and gas producing communities in the

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