Shell plc has published its latest scenarios: the Energy Security Scenarios. The two new scenarios explore how the world could evolve following Russia’s invasion of Ukraine. Specifically, they look into the possible energy and climate outcomes that could result from a world that has security as its dominant concern. Shell Scenarios are not predictions or expectations […]

 The Nigeria’s oil and gas industry is witnessing some kind of disquiet stemming from procurement process in the award of contract for the provision of drillship for TOTAL E&P OML 130 Drilling Campaign TENDER NO DW00001997. Mr Christopher Palmer, the Chief Executive Officer of Palmeron Nigeria, petitioned the Group Chief Executive Officer of the NNPC […]

The Venice and Gela biorefineries represent Eni’s commitment to the path towards decarbonisation. Advanced biofuels to decarbonize transport Biorefineries play a central role in Eni’s evolution because they contribute to achieving our main goal of net zero emissions by 2050. The hydrogenated biofuels (HVOs) we produce from feedstocks that do not compete directly with food and feed crops, such as waste […]

Africa needs $277 billion per year to respond to the climate emergency through nationally determined contributions (NDCs). This is according to a study by the Climate Policy Initiative, whose report has just been published. Climate finance should be multiplied by nine in Africa. This is the main finding of a report recently published by the […]

Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year despite the lingering effects of COVID-19 and the growing energy crisis, according to a new report.  Renewable Energy and Jobs: Annual Review 2022 identifies market dynamics as major factors influencing employment generation in renewables, along with labour and […]

When Nigeria’s Petroleum Industry Act (PIA) was signed into law in August 2021, I spoke about the positive changes the law would be driving in terms of increased transparency and energy sector productivity. Now, we’re seeing indications that the PIA is, indeed, yielding fruit. The state-owned Nigerian National Petroleum Company (NNPC) recently became NNPC Limited, […]

An American billionaire tech giant and the CEO of SpaceX  Elon Musk, who has in recent oil conference held in Norway drummed support for continous exploitation of fossil fuel. A father of 10 children, said on Monday the world needs to “make more babies” — and keep digging for oil, AFP reported. The richest man […]

Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank President Dr. Akinwumi Adesina urged participants at the 8th Tokyo International Conference on African Development (TICAD8). Adesina commended the Japanese government and private sector for their strong support to Africa’s development. […]

While the introduction of the NNPCL promises to be advantageous to the country’s energy industry, realistically speaking, there are certain challenges that need to be promptly and properly addressed for the new NNPCL to function effectively and achieve its objectives   Nigerian government made an official announcement confirming the complete transformation of the Nigerian National […]

The MSGBC Basin is an alphabetical formation given to the countries in the West African sub-region in which hydrocarbon basin resides, these countries are Mauritania, Senegal, Gambia, Guinea-Bissau and Guinea-Conakry. The MSGBC Basin has of recent seen as a focal point for African oilexploration through series of major world-class discoveries in Senegal and Mauritania. To date, […]