Samuel Ajala

Jan 21, 2025 | gasoutlook.com | Samuel Ajala

Oil giant Shell has written off approximately $400 million related to an oil discovery offshore Namibia that the company considered commercially unviable, which experts say will impact the country’s ambitions to become a crude producer.

Dec 3, 2024 | bloomberg.com | Paul Tullis |Samuel Ajala |Abdulwaheed Sofiullahi |Marcello Rossi

The energy giant says it remedies spills it’s responsible for. Critics say a proposed sale of a subsidiary could help it avoid paying for countless leaks. In better times, Wir-Le Agbaalor worked his family’s small farm every day—weeding, watering or harvesting his cassava. But for more than a year now, he’s had little to show for his efforts because his fields have been covered in a thick, sticky coat of black crude oil.

Dec 3, 2024 | bnnbloomberg.ca | Paul Tullis |Samuel Ajala |Abdulwaheed Sofiullahi |Marcello Rossi

(Bloomberg Businessweek) -- In better times, Wir-Le Agbaalor worked his family’s small farm every day—weeding, watering or harvesting his cassava. But for more than a year now, he’s had little to show for his efforts because his fields have been covered in a thick, sticky coat of black crude oil. A section of the Trans-Niger pipeline lies hidden in a copse about 100 feet from his land in the Niger River Delta.

Nov 22, 2024 | gasoutlook.com | Samuel Ajala

(Baku, Azerbaijan) — As COP29 draws to a close, developed countries today proposed $250 billion per year by 2035 in the latest draft text on the New Collective Quantified Goal (NCQG) for developing countries’ climate action. This is a significantly less than the commitment request of $1.3 trillion made by developing countries to address the impacts of climate change. According to the text released by the COP29 Presidency Azerbaijan, the final text is from a balanced and streamlined COP29 package.

Nov 20, 2024 | gasoutlook.com | Samuel Ajala

(Baku, Azerbaijan) — As COP29 winds down in Baku, António Guterres, United Nations Secretary-General has called on negotiators and the COP Presidency Azerbaijan to agree on a new ambitious climate finance goal for developing countries. The UN Chief emphasised this in his press statement today after returning from the G20 Summit in Rio. At the summit, he urged world leaders to instruct their ministers and negotiators to secure a new ambitious climate finance goal at COP29.