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.

Nigeria LNG

Nigeria LNG production risks economic instability, stranded assets: report

Nigeria's LNG expansion risks economic instability, stranded assets, and perpetuating fossil fuel dependency, according to a new report.

Rio Grande LNG

Rio Grande LNG receives Gulf State investment, giving momentum to proposed expansion

The UAE’s Adnoc took a stake in Rio Grande LNG, a controversial gas export project currently under construction on Texas’ southern coast. Saudi Aramco is also reportedly considering an investment.

German gas

Private investment key in reducing German gas dependence: paper

Businesses could cut industrial natural gas consumption by more than 50 percent with investments of €9.5 billion, a new paper estimates.

clean cooking

World leaders, private sector commit $2.2 billion towards clean cooking in Africa

The European Union agreed at the summit to mobilise 400 million euros for clean cooking activities in Africa.

Renewables

View All

مصادر الطاقة المتجددة

عرض الكل
Renewable energy

Surging renewable energy gives world “real chance” of hitting 2030 targets

Renewable energy expanded by 50 percent last year, and explosive growth is expected to continue this decade, according to the IEA. The switch to renewables is still not happening fast enough, but the tripling of capacity by 2030 is possible.

CCS

Widespread CCS use would cost trillions of dollars: study

A new study finds that adopting CCS across many polluting sectors would cost $30 trillion more than a low-CCS scenario. Experts say the fossil fuel industry’s preferred solution would be “highly economically damaging.”

IEA report

Renewable additions to post record 2023 increase: IEA report

Renewable energy capacity additions are set to increase by a record 107 GW year on year to reach 440 GW globally in 2023, an IEA report said.

Europe can replace Russian gas

By 2030 U.S. could reach 90% clean energy: NREL

The U.S. this decade will see the ascent of clean energy: NREL.

Energy Transition

View All

تحول في مجال الطاقة

عرض الكل
net zero

UK to exceed 2037 emission targets by 37%, miss net zero goal: conference

The UK is set to exceed its GHG emissions target for the period 2033-2037 by 37%, a conference in London heard Tuesday.

Oman energy

“Think like activists, act as engineers,” says BP petroleum engineer at Oman energy show

Oman's energy transition cannot happen without oil and gas still playing a role, delegates said at an Oman energy show this week.

Oman Petroleum and Energy Show

Hydrogen investment still faces hurdles: Oman Petroleum and Energy Show

There are still barriers to a full hydrogen value chain and economy taking off, delegates said at the Oman Petroleum and Energy Show.

Oman Petroleum and Energy Show

Energy transition to take longer than expected: official says at Oman Petroleum & Energy Show

Oman's energy transition will take longer than expected, a government official said on the opening day of the Oman Petroleum and Energy Show.

Ancap

Uruguay’s offshore green hydrogen tender modelled on oil and gas: Ancap

In the upcoming tender, Ancap will offer four blocks for companies to install renewable energy to make green hydrogen.

Renewable energy

Surging renewable energy gives world “real chance” of hitting 2030 targets

Renewable energy expanded by 50 percent last year, and explosive growth is expected to continue this decade, according to the IEA. The switch to renewables is still not happening fast enough, but the tripling of capacity by 2030 is possible.

COP28

COP28: “Countries must remove obstacles” – U.N. exec

U.N. Executive Secretary Simon Stiell urged countries to remove obstacles in the COP28 negotiations or “risk ruining the outcome for everyone.”

Climate

View All

مناخ

عرض الكل
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.

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.

U.S. SEC finalises new climate disclosure rules

The climate disclosure requirements are far weaker than originally outlined by the financial regulator two years ago.

U.S. LNG

Biden steps up scrutiny of U.S. LNG, new projects risk delay

According to The New York Times, the Biden administration is set to announce a major review of how it permits new U.S. LNG projects, potentially delaying more than a dozen proposed facilities for a year or more.