Energy

Two European oil majors, Italy’s Eni and France’s TotalEnergies, are setting the wheels into motion to undertake a full evaluation of the hydrocarbon resources in a gas discovery offshore Cyprus to come up with a development solution for this project, which will enable them to boost the supply of gas not just in the region but also to Europe.

In his argument, the sponsor of the bill, the Deputy Senate President, Senator Barau Jibrin representing Kano North, noted the expediency for its establishment, intrinsically serve as a catalyst to develop the arrays of potentials of the North-West as well as address the gap in infrastructural development of the region and for related matters.

Our net zero lesson of the day is from the U.K. but it applies universally. It’s increasingly difficult for Biden and the EU to hide the true costs of net zero mandates.

Chinese commodity imports remained robust in January despite signs of a still struggling economy and cautionary reading of the data that may have been distorted by the start of the Lunar New Year later this week.