Investment

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

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

Members should not invest in new upstream infrastructure in new oil or gas fields, said the Net Zero Asset Owner Alliance, a group of 85 international institutional investors.

Africa continues to receive comparatively low investment in renewable energy finance despite the continent’s enormous potential and energy needs, a new report says.