Formula 1 Renewable Energy Shift Drives 26% Drop in Carbon
(Bloomberg) — Motor racing, a sport known for flashy, petrol-guzzling racecars speeding at hundreds of kilometers per hour across…
EU Set to Open Doors to Imported Carbon Credits Under 2040
(Bloomberg) — The European Union wants to allow limited imports of carbon credits under a planned 90% emissions…
Iran reportedly moves to shut Strait of Hormuz after US attacks – POLITICO
Iran’s parliament endorsed a measure to close the Strait of Hormuz, a critical global transit chokepoint, in response…
Germany Risks Higher Power Prices If Green Goals Are Cut:
(Bloomberg) — Germany would see significantly higher electricity prices if it backtracks from its renewable energy expansion targets…
Nigeria Imports N1.2tn Crude Oil Amidst Production Slump
Despite being Africa’s largest crude oil producer, Nigeria imported crude oil worth N1.19tn in the first quarter of…
Petrol Imports Drop N2tn: Nigeria’s Domestic Production Soar
Nigeria’s petrol import bill fell significantly in the first quarter of 2025, dropping to N1.76tn from the N3.81tn…
Nigeria Crude Oil Exports: N12.96tn in Q1 2025
Oil producers exported crude oil and other petroleum products worth N12.96tn in the first quarter of 2025, even…
Germany’s SEFE Strikes 10-Year Deal for Gas From Azerbaijan
(Bloomberg) — Germany’s state-owned SEFE signed a 10-year deal to buy gas from Azerbaijan’s state-owned Socar. The agreement,…
EU Will Work on Setting Water Use Caps for Thirsty Data
(Bloomberg) — The European Union will work on setting minimum performance standards to curb water usage in data…
Germany’s Red Tape Creates a Berlin-Sized Hole in Energy
(Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of…