Tag: Energy security

OPEC Secretary-General warns of looming global oil supply shortfall if upstream investment stalls

“Despite a significant reduction in purchases, the European Union paid Russia €23 billion in 2024 for energy imports..."

OPEC Secretary General Haitham Al Ghais challenges the IEA's recent upward revisions to global oil demand data

The U.S. Department of Energy has lifted the pause on LNG export permits, citing strong economic, energy security, and environmental findings.

“This investment highlights our commitment to Nigeria’s energy sector and reinforces our role in driving growth and innovation in deepwater exploration.”

Namibia’s Prime Minister Elijah Ngurare articulated the government’s commitment to human capital development and infrastructural growth...

“Despite these golden rules, Europe and the UK have struggled to ensure their energy supply security, suggesting the three are easier said than done.”

"I am sure these containers were stolen, possibly with the involvement of workers from the Ghana Standards Authority and other state agencies operating within the port area.” 

Oil marketing companies were urged to leverage their retail distribution networks to embrace energy transition opportunities.  

“We should never apologize for harnessing our fossil fuel resources to drive growth and improve lives..."