The European Commission will soon present a plan for the EU’s complete abandonment of Russian fossil energy resources, spokesperson for climate action and energy Anna-Kaisa Itkonen said on Monday. “The roadmap to wean the European Union off Russian fossil fuels is being crafted. “It was announced as something that the Energy Commissioner will present within…
British Airways plans to resume flights from London to Tel Aviv on April 5, following a ceasefire agreement between Israel and Palestinian movement Hamas. Israeli news portal Arutz Sheva reported on Monday that the airline announced in Oct. 2024 that it would suspend flights to Tel Aviv until the end of March 2025. The airline…
Organisers of the West Africa LPG Expo 2025 have announced plans to bring together global and regional energy leaders to accelerate West Africa’s clean energy transition. Mr Jeffrey Leung, Director of the LPG Expo, disclosed this in a statement on Monday in Lagos Leung said that the expo, scheduled to hold in March, in Lagos,…
Outgoing U.S. President Joe Biden on Tuesday, announced a ban on Chinese and Russian technology in vehicles, citing national security concerns. The new regulations will prevent the sale and import of connected vehicle hardware and software systems, as well as completed connected vehicles, from China and Russia. This is according to a White House statement…
President William Ruto said Kenya has started discussions with the United Arab Emirates to secure financing to complete a regional railway after China cut infrastructure funding to the project. The railway connecting the Kenyan port of Mombasa with landlocked neighbours, as part of China’s Belt and Road Initiative, ended in the Rift Valley in 2019,…
Russian Foreign Minister Sergei Lavrov on Tuesday accused the United States of attempting to disrupt the TurkStream gas pipeline to Europe with the aid of attacks by Ukrainian drones. Lavrov said this in Moscow on Tuesday. The U.S. was pushing its “Ukrainian clients’’ to put TurkStream out of action following what he saw it as…
United Nations Deputy Secretary-General, Ms Amina Mohammed, has called for Nationally Determined Contributions (NDCs) to ensure the safety of the planet and people globally. This is contained in a statement by Dr Oluseyi Soremekun, National Information Officer, UN Information Centre (UNIC), on Tuesday in Abuja. The statement said that Mohammed made the call during her…
The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened six pips to 7.1885 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate…
Boeing International Corporation says it is ready to assist airlines in Nigeria in accessing adequate aircraft insurance coverage through partnership with buoyant lessors and global financiers. Mr Moore Ibekwe, Boeing Sales Director, Africa Region Commercial Airlines, disclosed this in Dublin, Ireland during the startoff meeting of the “Boeing Lessor Forum“ scheduled to hold from Jan….
Egypt is stepping up diplomatic engagement with African nations as it seeks to bolster security in the strategically vital Horn of Africa and Red Sea region. Ongoing conflicts in the region have sharply cut into Egypt’s crucial Suez Canal revenues. The diplomatic effort comes as Egypt grapples with a 60 per cent drop in canal…
