Category: Oil & Gas

The adoption of the EU oil sanctions appears to have led to Russia retaliating by holding back its natural gas exports.

Just as it seemed COVID-19 was disappearing from the energy agenda, the reimposition of lockdown restrictions in Shanghai and Beijing reminded the oil markets that pandemic-related demand losses were still a threat.

The global energy crisis will continue to deepen and should act as an alarm call now about the decent long-term future rewards in sustainable investments, says the CEO of a leading global financial giant.

Nairobi, Kenya//-As oil giant TotalEnergies held a high-pressure AGM last week (https://bit.ly/3z6AUrh), climate activists, and civil society groups both in Paris and on the African continent mobilised against the dangerous and destructive projects of the seventh world oil group which continue to disrupt the lives and livelihoods of vulnerable populations while increasing carbon emissions.

The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the United Nations in 2015 as a universal call to action to end poverty, protect the planet, and ensure that by 2030 all people enjoy peace and prosperity. 

Johannesburg, South Africa//- The African Energy Chamber (AEC) spoke with Scott Macmillan, Managing Director of Invictus Energy, ahead of the continent’s premier energy event, African Energy Week (AEW) 2022 (AECWeek.com), about the company’s operations on the continent, the challenges independent explorers are facing and the opportunities AEW 2022 provides for explorers such as Invictus.

Oil Hazards Aren’t the Main Worry of Nigeria’s Coastal Residents: Toilets Are Adekunle Ajayi/Nur Photo via Getty Images. Seun Olowoporoku, Obafemi Awolowo University Nigeria’s coastal areas are known to present environmental hazards and risks. Oil exploration and exploitation is one source of these hazards.

Accra, Ghana//-Members of Ghana’s Public Interest and Accountability Committee (PIAC), the statutory body with oversight responsibility of the management and use of the country’s petroleum revenues inspected projects that have received funding from the Annual Budget Funding Amount (ABFA).

Chinese refinery runs have dropped to their lowest in the country’s post-pandemic history, declining a whopping 1.2 million b/d month-on-month to a monthly average of 12.6 million b/d.

Accra, Ghana//-Ghana is fighting multiple crises on several fronts, the economic fallout of COVID-19, ballooning debt, surging food inflation, climate change, and an energy and food emergency, triggered by the Russia invasion of Ukraine.