The federal government is increasing its efforts to attract significant investments into Nigeria’s deepwater oil and…
Category: Carbon Emissions
Axxela to Tackle Gas Flaring with Gas Plant in Delta State
Axxela Group is intensifying efforts to address Nigeria’s long-standing gas flaring crisis by building a new…
$12B Annual Investment Key to Tinubu’s Oil & Gas Vision for Nigeria
A new industry report by global energy consultancy Wood Mackenzie has revealed that Nigeria must attract…
Exxon, Chevron, Petrobras Secure High-Stakes Bids in Brazil
Petrobras, ExxonMobil, and Chevron have won exploration rights in Brazil’s Equatorial Margin, a frontier offshore oil…
Africa Faces 2.5 Gigatonne Emissions Threat from Carbon Markets
A new report by Power Shift Africa, a climate think tank, warns that carbon market schemes…
Redeux Energy Secures $30m Credit Facility from Macquarie
Redeux Energy Partners LLC, a leading developer of utility-scale solar and energy storage projects, has secured…
ADNOC Leads $18.7bn Proposal to Buy Santos in LNG Push
Santos, Australia’s second-largest gas producer, announced on Monday, June 16, that it plans to support an…
Nigeria’s Crude Prices Surge Above $77 Amid Middle East Tensions
Nigeria’s major crude oil grades, Bonny Light, Brass River, and Qua Iboe, rose above $77 per…
Morocco Poised to Become Key Green Hydrogen Link to Europe
A recent scientific paper, “Mapping the Cost Competitiveness of African Green Hydrogen Imports to Europe,” reaffirmed…
World Oil Demand to Keep Growing this Decade Despite 2027 China Peak
Global oil demand will keep growing until around the end of this decade despite peaking in…