A report on the state of Lagos housing market has revealed that over 84 per cent of the city’s coastline has receded over the past 50 years due to a combination of unchecked coastal erosion, rising sea levels, and human activities. According to the recent report, Lagos is grappling with climate-induced challenges, particularly coastal erosion,...
Author: Energy Crossroad (Energy Crossroad)
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Floating nuclear power plants to be evaluated for Mediterranean
Friday, 4 July 2025 The American Bureau of Shipping, Core Power and Athlos Energy are to collaborate on the evaluation of the potential of deploying floating nuclear power plants to meet the energy demands of islands, ports and coastal communities in the Mediterranean Sea. The partners will research how floating nuclear power plants (FNPPs) can...
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OPEC+ speeds up oil output hikes, adds 548,000 bpd in August
By Alex Lawler, Maha El Dahan, Olesya Astakhova and Ahmad Ghaddar LONDON, July 5 (Reuters) – OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped – and then retreated – following Israeli and U.S. attacks on Iran. The group, which pumps about half...