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Nigerian gas

Minister backs Nigerian gas despite calls to curtail fossil fuels

Despite calls for Nigeria to move away from fossils fuels on its path to net zero, the country's power minister has called for increased Nigerian gas investment to unlock power sector potential.

NNPC

Nigeria committed to expanding domestic gas sector: NNPC CEO

The group CEO of the Nigerian National Petroleum Company, Mele Kyari, has reinstated Nigeria's commitment to deepening domestic gas use.

Nigeria oil

Exploring local solutions to meet energy demand: Nigeria Oil and Gas Week

Nigeria Oil and Gas Energy Week in Abuja kicked off Monday, emphasising local solutions for sustainable energy and highlighting opportunities for women in industry.

Golden Pass LNG

Billions in cost overruns at Golden Pass LNG

The Golden Pass LNG project, backed by Qatar and ExxonMobil, is suffering from more than $2 billion in additional costs, forcing the project’s construction firm into bankruptcy.

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Supreme Court

U.S. Supreme Court narrows federal agencies’ regulatory powers

The Supreme Court decision severely curtails the ability of federal agencies to regulate in areas of public health and the environment. Experts said the decision could ‘paralyse’ the ability to govern.

Venture Global

Venture Global LNG project gets key greenlight from U.S. govt

Venture Global’s CP2 project, an enormous LNG project in southwest Louisiana, obtained a construction authorisation from federal regulators. But it will remain sidelined until Biden’s LNG “pause” is completed.

billionaire tax

Global billionaire tax needed to bridge climate finance gap: report

A new report commissioned by the Brazilian G20 presidency finds that a minimum ‘billionaire tax’ on the world’s wealthiest individuals could generate $250 billion annually.

NOG Energy Week

Nigerian LNG up for debate as NOG Energy Week 2024 approaches

Nigeria Oil & Gas (NOG) Energy Week 2024 opens in Abuja later this month, at a time when questions are being asked about Nigeria’s LNG sector.

gas demand

EU has enough gas to last through 2040; gas demand in long-term decline

With gas demand in Europe in long-term decline, the EU has access to sufficient supplies in both the short and long-term. That means that contracts for additional LNG are not needed, and only increase stranded asset risk.

oil majors

California wants to seize oil majors’ profits as climate damages

California amended a lawsuit it filed against five western oil majors last year, hoping to seize “ill-gotten” gains from climate deception and cover-up.

plastics treaty

Decades of petchems unease not enough to clinch a plastics treaty

For more than 50 years, the health and safety hazards of a petrochemicals complex in northern Spain have been worrying locals. Despite that, and the unease of such communities globally, UN talks this week failed to clinch a plastics treaty.

COP28

Oil kingdom COP28: the gamble that paid off?

When delegates gathered in Dubai just a fortnight ago for the opening of COP28, the chances of progress seemed slim, but these oil state climate talks delivered a transition away from fossil fuels that no previous COP managed to achieve.

COP28

At COP28 the UAE softens, now Saudi Arabia must follow

Saudi Arabia remains a thorn in the side of COP28. Only one solution remains – that the Gulf petrostate host its own COP, and face up to global scrutiny as the United Arab Emirates has done.

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LNG expands on Louisiana’s vanishing coastline

Already scarred by climate change, southwest Louisiana is on the frontlines of the rush to build new LNG.

Louisiana LNG

Louisiana LNG could be “nail in the coffin” for local fishermen

Commercial fishing in southwest Louisiana is already facing hard times. But the rush to build Louisiana LNG export terminals may put an end to a once-vibrant industry.

Woodfibre LNG

Canada’s Woodfibre LNG rests on shaky financial prospects

The proposed Woodfibre LNG project has seen costs soar, and is not competitive with larger LNG projects on the U.S. Gulf Coast, despite generous public subsidies. Critics say it will not offer the economic benefit for which British Columbia is hoping.

Woodfibre LNG

Woodfibre LNG in Canada threatens UNESCO reserve

The scenic Howe Sound, in British Columbia, has seen a stunning improvement in marine life. But this “success story” is under threat from the proposed Woodfibre LNG project, critics say.