News Feeds

Author | Legal Icon | Energy Expert

COP26: Climate Summit Not Considering African Reality – Ghanaian Ministerial Delegation

According to Upstream, a representative of the Ghanaian ministerial team claimed that while developed countries release pledge after pledge to reduce emissions at the COP26 climate summit, the concerns of...
Read More

COP26: The UK not Joining Alliance Setting End-Date of Oil and Gas Production

According to Bloomberg, the United Kingdom, the host of the ongoing COP26 climate summit, will not join the Beyond Oil & Gas Alliance (BOGA), which wants governments to commit to...
Read More

Oil Prices will be Double without OPEC+ Intervention – UAE

The United Arab Emirates said on Monday at the Africa Oil Week Conference in Dubai that if it weren't for OPEC+'s concerted actions to manage supply and demand, oil prices...
Read More

Biden May Announce Measures to Curb High Gasoline Prices Soon – Energy Secretary Granholm

In an interview with MSNBC on Monday, US Energy Secretary Jennifer Granholm said that US President Joe Biden could propose measures to alleviate high gasoline prices as soon as this week....
Read More

COP26: Angola to Increase Renewable Energy Capacity to 70% by 2025

Angola's President, H.E. João Lourenço, vowed to raise renewable energy capacity to 70% of the country's energy matrix by 2025 during the United Nations Climate Change Conference (COP26) in Glasgow....
Read More

“Oil is not the Problem” – Saudi Energy Minister on Global Energy Crisis

Following appeals from many countries and the White House to increase crude oil production, Saudi Arabia's Energy Minister, Prince Abdulaziz bin Salman, declared at the post-OPEC+ summit press conference that...
Read More

$80 Per Barrel Adequately Reflects Market Situation – Russian Deputy Prime Minister

After the OPEC+ summit, Russian Deputy Prime Minister Alexander Novak told local TV Rossiya-24 that current oil prices of around $80 per barrel adequately reflect the market scenario. According to...
Read More

OPEC+ Concludes 22nd Ministerial Meeting; Ignores Energy Crisis and Sticks to Production Plan

On Thursday, November 4, 2021, the 22nd OPEC and non-OPEC Ministerial Meeting, which was held by videoconference, came to a close. The lack of action by the Group and its...
Read More

COP26: Activists Urge World Leaders to Utilise COP26 to Take Bold Steps on Climate Change

The World Leaders Summit, which took place on Monday and Tuesday, is intended to encourage negotiators to set aggressive targets for quick action. The event's organisers seek to show that...
Read More

COP26: It is Unfair to Demand Africa Abandons the Resources Needed to Finance Development – President Akufo-Addo

President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, spoke at the Glasgow Summit, expressing his disappointment with wealthy nations for failing to honour their annual commitments of $100...
Read More