Tag: Energy Policy
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Nationals Vote to Ditch Net Zero Target from Party Platform
Nationals Move to Scrub Net Zero Target from Platform The Nationals have pushed to remove the long-standing net zero emissions target from their party platform, a move that could shape federal climate policy in the months ahead. Following a weekend vote by grassroots members, the change now sets the stage for a formal amendment at…
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Petrol and Diesel Prices Rise Ahead of Fortnightly Review: A Fresh Increase
Overview of the Price Hike The government has announced a fresh adjustment to the prices of petrol and diesel ahead of the upcoming fortnightly review, aligning with recommendations from the Oil and Gas Regulatory Authority (OGRA). The move, which increases petrol by Rs2.43 per litre and diesel by Rs3.02 per litre, comes after extensive consultations…
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Nigeria Emerges as Africa’s Oil Trading Hub: The Next Growth Frontier
Nigeria’s Transformation into Africa’s Oil Trading Hub Nigeria is accelerating its evolution from a price-taker in the global oil market to a pivotal trading hub for Africa’s downstream sector. Industry leaders say the country’s strategic location, improving infrastructure, and policy reforms are turning the nation into a dynamic marketplace for refined petroleum products across the…
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Energy Minister Signals Carbon Capture Support in Climate Strategy, Emissions Cap Unmentioned
Overview: A Climate Strategy With a Focus on Carbon Capture As the country prepares to unveil its eagerly anticipated climate competitiveness strategy, early briefings from the energy ministry indicate a clear tilt toward carbon capture technologies. Energy and Natural Resources Minister Tim Hodgson hinted that the forthcoming plan will emphasize investments in carbon capture, utilization,…
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Energy minister hints at support for carbon capture in climate strategy, no emissions cap
Overview: A sneak peek before the budget release As nations pace their climate agendas, a key minister dropped early hints about a major pillar in the forthcoming climate competitiveness strategy. Energy and Natural Resources Minister Tim Hodgson signaled that carbon capture initiatives are set to receive government backing, even as the plan stops short of…
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Tinubu Approves 15% Import Duty on Petrol and Diesel: What It Means for Nigeria
Overview: Tinubu’s 15% import duty on petrol and diesel Nigeria’s President Bola Tinubu has approved a 15 percent ad-valorem import duty on two key fuels: premium motor spirit (PMS), commonly known as petrol, and diesel. The approval comes via a presidential directive dated October 21, 2025, and was brought to light through a formal communication…
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Energy minister signals carbon capture support in climate strategy, no emissions cap
Overview: A Climate Strategy Take Shape Ahead of Budget As Prime Minister Mark Carney prepares to unveil a sweeping climate competitiveness strategy in Tuesday’s budget, Energy and Natural Resources Minister Tim Hodgson offered a rare preview. His comments signal a stronger emphasis on carbon capture and storage (CCS) as a core tool in reducing emissions,…
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Oil Pipeline Talk Is ‘Overfocusing’ on a Hypothetical, Says Energy Minister
Context: A debate fixated on a hypothetical project Canada’s energy minister has cautioned that the current discourse around a proposed oil pipeline is overly fixated on a hypothetical scenario rather than on advancing tangible, real proposals. In a wide-ranging interview, the minister argued that attention should shift toward practical plans brought forward by proponents and…
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Oil pipeline talk overhyping a hypothetical, minister says
Oil pipeline talk overhyping a hypothetical, energy minister says Canada is facing a dispute over how to frame the next wave of energy infrastructure. A senior energy minister has warned that much of the current public debate is fixating on a hypothetical oil pipeline rather than focusing on concrete proposals with real proponents and timelines.…
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Oil Pipeline Talk Is Overfocusing on a Hypothetical, Says Energy Minister
Headline vs. Reality: The Energy Minister Pushes Back The energy minister has pushed back against the fervent focus on a hypothetical oil pipeline project, arguing that policy discussions should align with concrete proposals rather than speculative scenarios. In a wide-ranging interview with National Post, the minister said: “The over-focusing on what right now is hypothetical……