Market drivers include sustainability commitments, cost savings, and reductions in complexity
A new report from Guidehouse Insights explores annual emissions reductions from the upstream oil & gas market globally.
The UN’s COP28 conclave, based in an enormous exhibition centre in Dubai Expo City, with small daily protests permitted on the premises, is coming to a denouement.
As the COP28 conference draws to an end, the climate summit in Dubai has not only chosen its next host but also stirred heated discussions on fossil fuels in its final declaration
As global awareness of the environmental impact continues to grow, markets for the climate-conscious are on the rise. These markets include climate-smart agriculture, transport, water infrastructure & and waste management, green buildings and carbon markets. Carbon markets, rooted in climate business which are trading systems where carbon credits are exchanged. This compensatory scheme enables companies or individuals to buy carbon credits from organizations that work to remove or reduce greenhouse gas emissions. This article aims to explore carbon markets and their operation in Ghana.
After several failed commencement dates, the Dangote Petroleum Refinery says it will kick-start producing Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel in January 2024.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that Nigeria is currently championing the decarbonisation of its upstream operations, as a critical tool to sustain investments for energy security and economic development for the benefit of Nigerians in line with national aspirations and consistent with the sustainable development goals of the United nations.
Pakistan’s Oil & Gas Development Company (OGDC) has come up trumps with its Dars West 2 well located in Sindh province onshore Pakistan.
Dangote Petroleum Refinery and Petrochemicals plant has purchased one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO) trading over eight million barrels of crude oil per day.
Rating agency, Fitch, has revised its crude oil forecast for 2024 to $80.0 per barrel from the previous $75.
The recent slump in oil prices pushed Russia’s flagship Urals below the $60 price cap imposed on international shipments by the G7 last year. Perhaps this is a reason to celebrate in the G7. Or perhaps it is a good time to take a moment and consider where Urals fell from to reach the cap level.