Major players in the global oil and gas industry have agreed to conscientiously report methane emissions in a move to tackle one of the biggest contributors to global warming. The Oil and Gas Methane Partnership (OGMP) is a Climate and Clean Air Coalition (CCAC) initiative led by the United Nations Environment Programme (UNEP), European Commission […]
Between now and 2025, losses due to the outbreak of the Covid-19 pandemic would have cost the oil and gas sector in Africa about $150 billion even as the global community moves towards net-zero emission. Coming on the backdrop of the Cop26, the African Energy Chamber on the sideline of the Glasgow event, said capital […]
Data business in the oil and gas sector could hit as much as $145.9 billion by 2032, rising at a compound yearly growth rate of 16.5 per cent for the next decade. This is coming despite the divestment and push from fossil fuel. The current market value of data in the oil and gas sector […]