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Valor | Energy Connection – Feb. 24, 2025

Valor

Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2 Total petroleum inventories increased by 0.2 Meanwhile, global supply concerns persist as the U.S.

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Nigeria Oil Industry Overview

Drillers

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. That was formed in 1977 under the name National Nigeria Petroleum Company. The rate of royalty will rise in tune with oil prices. How did this happen?

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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

became “energy independent” and a net exporter of petroleum products in 2019. on an irreversible path to achieve a “100% clean energy economy,” with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050.

Oil 40
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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

became “energy independent” and a net exporter of petroleum products in 2019. on an irreversible path to achieve a “100% clean energy economy,” with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050.

Oil 40
article thumbnail

Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

became “energy independent” and a net exporter of petroleum products in 2019. on an irreversible path to achieve a “100% clean energy economy,” with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050.

Oil 40