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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 Refinery inputs averaged 15.4 Meanwhile, global supply concerns persist as the U.S. GW capacity.

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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. For many, stealing crude oil from the pipelines and processing it at one of the many illegal refineries in the region is a means of earning a living. How did this happen?

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