Energy Minister, Dr. Matthew Opoku Prempeh, on Tuesday, November 21, 2023, opened the exhibition component of the 2023 Upstream Local Content Conference and Exhibition in Takoradi.
he total market potential of hydrogen technology could reach $11 trillion by 2050, with major advancements and falling production costs, says Bank of America, which firmly believes “we are reaching the point of harnessing the element that comprises 90% of the universe, effectively and economically”.
Sustainability-linked loans, or SLLs, have only been around for a few years. In that short time, they have ballooned into a market worth $1.5 trillion. But now, as scrutiny comes for sustainability claims with no substance, that market faces a reckoning. And so do the banks that lent those money.
The Ministry of Trade, Industry and Energy said it would closely monitor the hydrogen supply for automobiles amid supply disruptions in Korea’s central region.
Minister of Energy and Mineral Resources, Saleh Al-Kharabsheh, stated that Jordan possesses a secure strategic reserve of gas sufficient for about 60 days and is “prepared for any sudden disruption in gas supply.”
The Nigerian Upstream Petroleum Regulatory Commission has attracted investment prospects from Argentina, as the country’s ambassador to Nigeria, Alejandaro Herrero, declared his country’s willingness to tap into the exploration and production of gas in Nigeria
Tullow Oil has entered into a US$400mn five-year notes facility agreement with Glencore Energy UK Limited (Glencore)
The Shell (LSE:SHEL) share price has fallen around 6% from its peak earlier in the autumn. It’s not a huge fall, or even a correction, but it could offer keen investors an opportunity to buy at a lower entry point.
Civil Society Organizations, CSOs, have condemned the indifferent approach of the Federal Government of Nigeria to the abandonment of the OPL 245 Claim against Oil Companies, Eni and Shell.
Oil and gas supermajor, Eni, will invest $10 billion toward the development of the Baleine field offshore Ivory Coast. The investment will be made in three phases between 2023 and 2027 and will result in the production of 200,000 barrels of crude oil per day (bpd).