The Report looks in-depth at how India’s role on the global oil market may evolve over the period through to 2030. It examines investment plans for the refining and petrochemical industry and how these developments may impact Indian crude and product net trade. The Report looks at energy transition trends …
Establishing that major carbon producers are causally contributing to climate impacts and climate harms is only the first step in accountability. The question remains: can we hold them responsible? Under multiple theories of law, these companies could be held liable if they knew or should have known of climate risks …
Ghana’s oil and gas sector scores a satisfactory 67 of 100 points in the 2017 Resource Governance Index (RGI), making it the best performer in sub-Saharan Africa. This is contained in a Natural Resource Governance Institute (NRGI) release copied to the Ghana News Agency. The Index measures the quality of …
The ten Association of Southeast Asian Nations (ASEAN) countries are among the most dynamic parts of the global energy system and a rising force in international energy affairs. Thanks to its growing partnership with Southeast Asia, the International Energy Agency (IEA) has conducted regular in-depth studies of the energy challenges …
The President of the Nigerian Association for Energy Economics (NAEE), Prof. Wumi Iledare, has disclosed that about $15.6billion would be required to provide stable electricity in the country. He made the disclosure yesterday in Abuja, at the 2017 World Energy Day. According to him, the Federal Government and the private …
This report, the first study in Africa, explores how African governments use financial models to manage oil & gas and mining projects. Jointly produced by the African Natural Resources Center of the AfDB and Open Oil, a boutique financial advisory firm, the study begins with the simple notion that no …
(Reuters) - A group of 38 U.S. senators asked the U.S. Environmental Protection Agency on Thursday to abandon plans to lower biofuel requirements for oil refiners in 2018, according to a letter made public by the office of Democratic Senator Amy Klobuchar of Minnesota. The senators, including Republican Senator Chuck …
OSLO (Reuters) - Norway will study ways to make its economy greener and reduce dependence on oil and gas reserves that are likely to lose value amid efforts to slow climate change, Environment Minister Vidar Helgesen said on Thursday. A government commission of experts, to be appointed in coming days, …
WASHINGTON (Reuters) - The U.S. Interior Department this week will try again to delay parts of an Obama-era rule to limit methane emissions from oil and gas production on federal lands, a rule Congress upheld earlier in the year, a document showed on Wednesday. The rule, finalized by the Interior …
Only around 10% of the UK’s original offshore recoverable oil and gas reserves now remain, according to a new study from the University of Edinburgh. This means that at current rates of extraction, the UK’s reserves will only last another decade or so. Once the UK’s oil and gas reserves …
The cities of San Francisco and Oakland in California have filed separate lawsuits against 5 of the largest oil companies in the world for the roles played by those companies in anthropogenic climate warming and rising sea levels, public documents have revealed. These California cities are seeking billions of dollars …
China is the world’s largest consumer of coal, but it also has more wind and solar generation capacity than any other country in the world. This is just one insight drawn from the new and updated edition of Key World Energy Statistics (KWES) released by the IEA. The new version …
Dodoma — Tanzania Parliament has ratified the treaty concerning the crude oil pipeline between Tanzania and Uganda ahead of the construction expected to start early 2018. The National Assembly passed the agreement on Monday afternoon, September 11, 2017, after comments from the energy and minerals committee, opposition and a short …
France plans to pass legislation this year to phase out all oil and gas exploration and production on its mainland and overseas territories by 2040, becoming the first country to do so, according to a draft bill presented on Wednesday. President Emmanuel Macron wants to make France carbon neutral by …
South Africa and Russia on Monday signed an agreement that will see about US$400 million invested in oil and gas development. The agreement between PetroSA, the oil and gas corporation of South Africa, and Rosgeo, geological exploration company of the Russian Federation, was signed at the 9th annual BRICS Summit, …
The Indian Petroleum & Natural Gas Statistics presents updated comprehensive statistics on various aspects of Indian Petroleum & Natural Gas sector. The data on international developments in respect of the key parameters of Petroleum and Natural Gas sector have also been captured in the publication. The Statistics presented in the …
This research shows that governments in Europe and the European Union (EU) are continuing to subsidise oil, gas and coal, fuelling dangerous climate change with taxpayers’ money both at home and abroad. The EU and all its Member States have committed to phasing out environmentally harmful subsidies, including those to …
Equatorial Guinea is demanding 48 billion CFA francs (73 million euros) payment from Total. The Cnetral African country is accusing the French oil giants of fraud, the AFP news agency reports. According to Finance Minister, Miguel Egonga Obiang, Total’s fraudulent dealings for which they are seeking the damages occurred with …
An ambitious target to phase out sales of new petrol and diesel cars by 2030 could halve UK oil imports, a study by environmental and aid organisations suggests. The government has announced plans to ban the sale of conventional combustion engine cars and vans by 2040 as part of its …
Cabinet has approved the $3.55 billion inter-governmental agreement between Uganda and Tanzania for the East African Crude Oil Pipeline (EACOP) Project. In a statement issued on Saturday, the minister of Information and Communication Technology, Frank Tumwebaze, said cabinet discussed and approved the agreement on Friday. The framework agreement, which provides …
The Ghana Energy Awards, an awards program which will acknowledge outstanding industry players and their achievements will be launched on August 30th. Promising to be the leading endorsement of the country’s energy sector, the program is set to open nominations from September 1, 2017 to September 30, 2017. Mr Henry …