Global oil demand to grow by 108 MMbpd by 2030 – Report
Enverus Intelligence Research (EIR), a subsidiary of Enverus, has released a new report highlighting the organization’s view that it does...
World Economy
Nigeria, S/Africa, Angola economies to grow by 3.4 % in 2024 – W/Bank
Omeiza Bilal The World Bank states that growth in Sub-Saharan Africa economies will rebound in 2024, rising from a low...
If interest rates remain higher for longer, homeowners will likely feel their effects as mortgage rates adjust
Central banks have raised interest rates significantly over the past two years to combat post-pandemic inflation. Many thought this would...
Fast-growing $2trn private credit market warrants closer watch
The private credit market, in which specialized non-bank financial institutions such as investment funds lend to corporate borrowers, topped $2.1...
After slight rise in 2023, methane emissions from fossil fuels to decline soon – IEA
Methane emissions from the energy sector remained near a record high in 2023 – but substantial policies and regulations announced...
OPEC Says Global Oil Industry Needs $11.1trn Investments by 2045 to Meet Growing Demand
Agency Report The Organisation of Petroleum Exporting Counties (OPEC) has projected that the oil industry will need cumulative investments of...
Africa to save $17bn yearly as Dangote refinery comes on stream
The exploitative $17 billion refined petroleum products importation by African countries from refiners in Europe is set to end with...
UNCTAD says global trade to rebound in 2024
Uzezi Samuel United Nations Conference on Trade and Development (UNCTAD) has said that global trade will rebound in 2024 after...
“Severe financial challenges” slowing down UNFCCC’s climate action work
The United Nations Framework Convention on Climate Change (UNFCCC) is facing “severe financial challenges” as the ability to fulfill its...
Global water crises threaten world peace- UN
Increasing global water scarcity is fueling more conflicts and contributing to instability, the United Nations warns in a new report,...
