Energy transition
Oman’s energy transition cannot happen without oil and gas still playing a role, delegates said at an Oman energy show this week.
The move comes as experts warn of a growing “reputational risk” for institutions like Cambridge University if they collaborate with oil and gas companies.
A recently filed lawsuit alleges that a Colorado firm loaded up its clean-up liabilities onto another shell company that was designed to fail, saddling landowners and taxpayers with old polluting oil and gas wells.
Lack of progress in breaking ground on new projects, coupled with a challenging regulatory environment for Asian renewables, is hindering the region’s progress, the report said.
Senegal's latest Energy Policy Review outlines progress in renewable energy, highlighting challenges and emphasising the inclusive governance needed for sustainable economic growth.
The Trafigura-Greenergy deal highlights the growing importance of biofuels in the UK and European landscape, experts said.
Kenya's energy transition pathway aims for net zero emissions by 2050 through renewable energy adoption. Experts noted challenges including lack of infrastructure and financing.
There are still barriers to a full hydrogen value chain and economy taking off, delegates said at the Oman Petroleum and 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.
In the upcoming tender, Ancap will offer four blocks for companies to install renewable energy to make green hydrogen.
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.
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.
It is less than a week since COP28, the largest ever U.N climate summit, began in the oil kingdom city of Dubai, but drama is already at a peak after Sultan Al Jaber questioned the science behind phasing out fossil fuels.