Nigeria and South Africa plan to boost fossil fuel production, risking their climate change pledges/in /by
Just 20 countries produce 80% of the world’s oil, gas and coal. Since 2019, researchers have released regular reports analysing how these governments plan to continue drilling and mining for fossil fuels – and how those plans diverge from the global climate goal set out in the Paris Agreement, which aims to limit temperature rise to less than 1.5°C above pre-industrial levels. The 2025 Production Gap Report found that many of these countries still plan to produce far more fossil fuels by 2030 than is safe for the climate. Scientists Emily Ghosh, Derik Broekhoff, Bathandwa Vazi and Olivier Bois von Kursk were among the co-authors of the report, which found that Nigeria and South Africa – already among the world’s largest fossil fuel producers – plan to increase fossil fuel production despite their climate commitments. <a href="https://www.bizcommunity.com/article/nigeria-and-south-africa-plan-to-boost-fossil-fuel-production-risking-their-climate-change-pledges-061105a">Read more...</a>
Nigeria and South Africa plan to boost fossil fuel production, risking their climate change pledges/in /by
<p><img src="https://biz-file.com/c/2601/799606-240x135.jpg?5" width="240" height="135" alt="Image credit: on Pexels" align="left"><br><span >Image credit: [[https://www.pexels.com/photo/oil-well-at-sunset-16862261/ Jan Zakelj]] on Pexels&lt;/span><p><p><em>Just 20 countries produce 80% of the world&#x2019;s oil, gas and coal. Since 2019, researchers have released regular reports analysing how these governments plan to continue drilling and mining for fossil fuels &#x2013; and how those plans diverge from the global climate goal set out in the Paris Agreement, which aims to limit temperature rise to less than 1.5&#176;C above pre-industrial levels. <a href="https://www.sei.org/publications/production-gap-report-2025/">The 2025 Production Gap Report</a> found that many of these countries still plan to produce far more fossil fuels by 2030 than is safe for the climate. Scientists Emily Ghosh, Derik Broekhoff, <a href="https://www.iisd.org/people/bathandwa-vazi">Bathandwa Vazi</a> and <a href="https://www.iisd.org/people/olivier-bois-von-kursk">Olivier Bois von Kursk</a> were among the co-authors of the report, which found that Nigeria and South Africa &#x2013; already among the world&#x2019;s largest fossil fuel producers &#x2013; plan to increase fossil fuel production despite their climate commitments.</em></p></p><br> <a href="https://www.bizcommunity.com/article/nigeria-and-south-africa-plan-to-boost-fossil-fuel-production-risking-their-climate-change-pledges-061105a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=264717">Email</a></p><div style="clear:left"></div>
The Lobito Corridor and why Africa needs to think globally and act regionally/in /by
If the next generation of global industry is going to draw on Africa’s critical minerals, what scale of planning can genuinely support that opportunity? Ask Absa CIB's Shirley Webber and Stephen Seaka. <a href="https://www.bizcommunity.com/article/the-lobito-corridor-and-why-africa-needs-to-think-globally-and-act-regionally-394788a">Read more...</a>
The Lobito Corridor and why Africa needs to think globally and act regionally/in /by
<p><img src="https://biz-file.com/c/2601/799510-240x135.jpg?5" width="240" height="135" alt="Locals walk past trains parked at Lobito station, which forms part of the Benguela Railway line, in Lobito, western Angola. Image credit: Reuters" align="left"><br><span >Locals walk past trains parked at Lobito station, which forms part of the Benguela Railway line, in Lobito, western Angola. Image credit: Reuters&lt;/span><p>If the next generation of global industry is going to draw on Africa&#x2019;s critical minerals, what scale of planning can genuinely support that opportunity? Ask Absa CIB's Shirley Webber and Stephen Seaka.</p><br> <a href="https://www.bizcommunity.com/article/the-lobito-corridor-and-why-africa-needs-to-think-globally-and-act-regionally-394788a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=264683">Email</a></p><div style="clear:left"></div>
Shell buys stakes in Angolan offshore blocks from Chevron/in /by
Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron. <a href="https://www.bizcommunity.com/article/shell-buys-stakes-in-angolan-offshore-blocks-from-chevron-950424a">Read more...</a>
Shell buys stakes in Angolan offshore blocks from Chevron/in /by
<p><img src="https://biz-file.com/c/2601/799228-240x135.jpg?5" width="240" height="135" alt="Image credit: Reuters" align="left"><br><span >Image credit: Reuters&lt;/span><p>Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron.</p><br> <a href="https://www.bizcommunity.com/article/shell-buys-stakes-in-angolan-offshore-blocks-from-chevron-950424a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=264594">Email</a></p><div style="clear:left"></div>