By Otegbola Olusegun Sunday China is recognized as the undisputable global leader in renewable energy expansion, adding new projects to the grid almost as fast as the rest of the world combined last year. A massive wave of permits for new coal-fired capacity poses a significant challenge to the country’s climate goals, with Beijing seen […]
Author archives: Editor
Renewable Energy: Addressing mixed messages on climate crisis and energy transition
By Adepoju Omolara Oluwafunke Today, the global consensus is that the world is in a climate crisis. Consequently, the world needs to transition from fossil fuels to renewable energy sources. Burning of fossil fuels has been confirmed to have largely contributed to global warming and climate change. The world agreed and pledged that emission from […]
How Institutional Investors See the Future of Oil and Gas
By Adepoju Omolara Oluwafunke Amid a backdrop of increasing commodity prices, investors are optimistic that the oil and gas (O&G) industry can continue its recent streak of strong short-term shareholder returns. Yet they also want leadership teams in the industry to think through value creation during the looming energy transition to more environmentally sustainable options. […]
Oil & Gas investment Needs Rise Amid Market Uncertainty
By Otegbola Olusegun Sunday Oil and gas upstream capital expenditures increased by 39% in 2022 to $499 billion, the highest level since 2014 and the largest year-on-year gain in history. Higher costs primarily drive the increase in investment, but activity has also started to recover. The global rig count is up 22% from a year […]