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COP26 Climate Change: Developed countries to mobilise $100bn yearly

The 2021 Conference of the Parties also called the COP 26 is expected to mobilise developed countries to raise $100 billion annually to tackle climate change globally. Catriona Laing, British High Commissioner, made this known on Thursday during her opening remarks at the COP26 press conference in Abuja. She was represented at the conference by

Climate Change and Funding Options for Africa.

African countries face some of the biggest challenges due to climate change compared to other parts of the world, but the funding for research on these changes and their implications in Africa constitutes only a small fraction of global funding for climate change research. African countries have contributed a small fraction of global greenhouse gas

Africa to Press Climate Finance Demands at COP26: Negotiator

African countries will use next week’s COP summit to demand rich nations honor and then deepen their pledges to fund the fight against climate change, a top negotiator said Thursday. The UN meeting in Scotland hosts a two-day summit of world leaders from Monday, with organizers warning that the chances of averting runaway climate change

OGA Opens Investigation into North Sea Sale

The UK Oil and Gas Authority (OGA) has announced that it has opened an investigation into the proposed sale by Esso Exploration & Production Ltd (EEPUK) of 13 producing fields, specifically Elgin Franklin, to NEO. The OGA outlined that the investigation was taking place amid concerns it is not progressing as quickly as expected. The investigation will examine the engagement between the parties since EEPUK and NEO

Ghana Offers Attractive Upstream Alternative to East Africa Dominion

For the last two decades, Africa has been considered the new frontier of oil and gas exploration, with many of the major global petroleum companies scrambling to acquire assets in an as-yet undeveloped reserve of natural resources which are crucial to the way we live our lives today. While the East African powerhouse of Kenya,