Why Nigeria urgently needs to grow non-oil exports

The economy of Nigeria has had to navigate a major crisis that started with the collapse of oil prices in 2014 and was worsened by the ongoing restiveness in the oil rich Niger-Delta region.

French farmers block refineries over palm oil imports

Dozens of French farmers blocked access to 13 refineries across the country on Monday to protest plans to import palm oil for use in biofuels, a move they denounce as unfair competition which jeopardises their livelihood.

Finland plans to phase out coal by 2030 (Update)

In a move to cut greenhouse gas emissions, Finland on Thursday announced plans to phase out coal within 14 years, cut oil imports by half and substantially increase the number of electric cars on the roads—partly to meet ...

Bhutan, Nissan partner on electric cars

The Himalayan kingdom of Bhutan has tapped Nissan Motor Co. to supply electric cars for its taxis and government fleet, hoping to reduce reliance on imported oil.

US Senate votes down ethanol subsidies

The US Senate voted Thursday to end a $6 billion subsidy for ethanol in a move that appeared largely symbolic but sends a message about the growing unease on support for the biofuel made mostly from corn.

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