A policy on energy: it’s been one of the most elusive concepts in British government, and for decades. But we might be about to get one.
Petrochemicals are chemical products derived from crude oil and are used in the manufacturing of detergents, fibres (polyester, nylon, acrylic etc.), polythene and other man-made plastics
Africa provides companies with the potential for low-cost, low-carbon oil and gas in largely unexplored areas. But governments across the region hope to be more closely involved in operations, ensuring that they get a significant proportion of the revenues to bolster their economies. One such country is Ghana, which expects an oil boom over the next decade and beyond
The energy transition is slow. In 2021, on average 82% of global primary energy came from fossil fuels (coal, oil and natural gas) (BP 2022).
The oil and gas industry is at a crossroads. With the impacts of climate change becoming more severe every year, it’s clear that fossil fuel consumption must decline to prevent global warming from crossing a dangerous threshold.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), at the weekend disclosed that it had established an Energy Transition and Carbon Monetisation unit in line with the federal government’s 2060 net-zero aspiration for carbon emissions.
Copper prices this week fell to the lowest since last November on weak economic data from China. Yet the International Copper Study Group, a group of copper exporters and importers, just said it expected a deficit of the metal this year.
As Ghana embarks on its energy transition agenda, some experts have warned of possible job cuts if the government do not transition well.
The Chairman of the Civil Society Platform on Oil and Gas (CSPOG), Dr. Steve Manteaw, has criticised the country’s Energy Transition (ET) plan for failing to outline practical steps to take hold of opportunities which come along with achieving the net zero goal.
The energy transition is a multilayered process that is continually demanding progress in technology, government, work expertise, and economics. To rapidly deploy renewable energy across the United States, the transition requires workers at every level from boots on the ground to executive suite employees.